Psychology plays a significant role in our financial decisions, and we can use it to our advantage to trick ourselves into spending less money and saving more. We share many tips and tricks for spending less and being more intentional.
Liz joins this week’s podcast as we talk about:
- The role psychology plays in influencing our spending decisions
- How retailers are aggressively using psychology to influence us to buy more
- Tactical ways to trick yourself into spending less money
- The value of tracking your spending
- Envelope systems and Qube Money
- The value in putting a barrier between an impulse and a decision
- The value in tying our spending decisions to something else
- How to leverage thought patterns to change our spending habits
Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/085-trick-yourself-into-spending-less-money/
