Abby: One of the most important things is just to be tracking everything. She says having a special occasion budget can be really useful. And that allows you to think about how much money do i spend across these special occasions? Abby also advises people to keep track of what they are spending and then look back on their own spending.
Have you had a recent surprise expense? You're not alone. More than half of American households report facing an unplanned financial shock in the last year. This week, in the second part of our new "Money 2.0" series, psychologist Abigail Sussman points out our blindspots around money, and how we can be smarter about spending and saving.
If you like this show, be sure to listen to last week's episode on how our unconscious attitudes towards money influence how we manage our finances.
Also, check out our new podcast, My Unsung Hero! And if you'd like to support our work, you can do so at support.hiddenbrain.org.