Make 2024 Your Year of Saving: Conquering Compulsive Spending with Anne Lester

Feb 7, 2024

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How many times have you said the following, “I’m really going to focus on saving money this year,” only to find yourself doing quite the opposite? And then there are those sneaky costs in your spending, like countless subscriptions you might not even be using. As our guest, Anne Lester, a retirement expert, media commentator, top-rated speaker, and author of the new book Your Best Financial Life: Save Smart Now for the Future You Want, says most people feel like they don’t have enough money to do the things they want to do, so saving money isn’t a priority. It’s not your fault; you are wired to want nicer things. You are wired to spend money to make yourself feel better - back to my point that money is emotional. Have you ever heard of the hedonic treadmill? It’s the idea that getting nicer things and spending more money doesn’t equate to happiness in the long term. So, if spending more money doesn’t mean more happiness, why not focus on learning how to become a better saver to afford the things you want to do?

In this episode, Anne shares:

How to master saving money in 2024
Why you need to consider a subscription cleanse
Ways to build good savings habits like not spending your entire raise
How to use your money personality to help you become a better saver

Links

Your Best Financial Life book

Anne's website

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