Inside Out Money cover image

Inside Out Money

085. Trick yourself into spending less money

Nov 25, 2024
52:51

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/

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode