3060: Intentional Spending - 3 Simple Questions That Will Upgrade Your Finances by Kalen Bruce of Freedom Sprout

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Episode 3060:

Tracking every purchase and asking three simple questions can revolutionize your spending habits. Kalen Bruce highlights the power of intentionality in finances, encouraging mindfulness about whether a purchase is necessary, if there’s a more cost-effective way to buy it, and if quality should be prioritized. By applying this approach to everything from groceries to major expenses like housing and insurance, you can reduce wasteful spending and improve your financial well-being.

Read along with the original article(s) here: https://freedomsprout.com/intentional-spending/

Quotes to ponder:

"This is a way to stop that. Basically, you’re going to track everything you buy, just like you would when you start budgeting, but you’re going to actually talk about every single purchase."

"It pays to spend more on quality, whether for your health or for your wallet. Or both."

"If you’re intentional about the things you’re spending your money on, you’re going to spend less and spend on the right things - improving your financial health."

Episode references:

Intentional Children: https://www.amazon.com/Intentional-Children-Raising-Money-Smart-Intention/dp/1734973439

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