The Long Game
What Are You So Worried About (Money Edition)
May 31, 2024
Exploring the paradox of financial anxiety despite wealth, handling guilt around spending, managing wealth post-financial goals, seeking advice for informed choices, and transitioning from data-driven decisions to value-based choices
19:02
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Quick takeaways
- The influence of upbringing on spending habits is discussed, highlighting internal conflicts over large purchases.
- Despite financial stability, individuals often experience ongoing worry about money and making responsible choices.
Deep dives
The Psychology of Spending and Guilt
Discussing the guilt associated with large purchases, the podcast delves into how upbringing affects spending habits. Examples of clients considering $3.3 million and $600,000 property purchases are shared, highlighting the internal conflict between affordability and societal perceptions. The discussion emphasizes the anxiety and societal pressure around spending, even when financially sound decisions are made.
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