Understanding Money with Eoin McGee cover image

Understanding Money with Eoin McGee

Our Relationship With Money

Nov 29, 2023
Exploring the emotional nature of money, the influence of childhood and partner's relationship with money, and the consequences of obsessing over or avoiding money discussions. They also discuss the impact of growing up with an alcoholic parent, the significance of delaying gratification, and the guilt associated with financial support. Additionally, they analyze the role of emotions in our relationship with money and the influence of childhood experiences.
51:49

Podcast summary created with Snipd AI

Quick takeaways

  • Delaying gratification leads to greater rewards and true happiness.
  • Building structure and control through clear planning helps prioritize needs and make informed financial decisions.

Deep dives

Overcoming Obsessive Saving Habits

The listener expresses their cautious approach to money, feeling obsessed with saving for a rainy day and being afraid to spend. They admit to saving too much and being hesitant to touch their savings, even for necessary expenses. The listener also mentions having separate savings "pockets" and feeling guilty when considering spending money from them. They share an example of not wanting to use a credit card to book a discounted appointment, even though they had the means, because it would feel like a false economy. The listener attributes their cautiousness to their father's influence, as he was always cautious with money. They express confusion about people who spend freely and wonder how they manage it. Despite desiring nice things, the listener remains apprehensive about spending.

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