The Money with Katie Show

#5: SPENDING GUILT: 3 Tips to Overcome Guilty Spending

Nov 3, 2021
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ANECDOTE

Capsule Wardrobe Shopping Panic

  • Katie shares her experience buying a capsule wardrobe for the first time in years, focusing on quality and timeless pieces.
  • She felt a panic at checkout, struggling with spending guilt despite the intentional nature of her purchases.
INSIGHT

Spending Guilt Despite High Income

  • Katie realizes spending guilt can persist even as income grows significantly.
  • Being financially literate sometimes results in overly strict spending standards that deny joy and are detached from reality.
ANECDOTE

Childhood Money Lessons

  • Katie recounts her mother's careful budgeting and savings after quitting her job when Katie was young.
  • This upbringing ingrained a caution about spending that makes it emotionally difficult for Katie to spend comfortably.
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