In this episode, the hosts discuss their personal financial goals, the value of taking things slow in decisions, spending, and growth, staying hopeful during tough financial times, the benefits and challenges of a no spend month, the importance of tracking expenses and switching to debit cards, setting financial goals for the new year, charitable giving and finding joy in helping others, and their hopes and predictions for the market and economy.
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Quick takeaways
Slowing down spending and setting non-financial goals can lead to greater personal fulfillment and well-being.
Cultivating a healthy relationship with money involves finding joy in non-financial pursuits and prioritizing experiences and relationships over material possessions.
Deep dives
Prioritizing Slow Spending and Non-Financial Goals
In this podcast episode, the hosts discuss the importance of slowing down spending and setting non-financial goals. They emphasize the need to be more intentional with purchases and focus on experiences rather than material possessions. They share personal goals, such as not buying any new clothing for the year and increasing charitable donations. The hosts encourage listeners to set small, achievable goals that prioritize personal fulfillment and well-being.
Reflection on Financial Journey and Adjusting Priorities
The hosts reflect on their financial journeys and share insights about shifting priorities. They discuss the importance of finding fulfillment beyond financial success and focusing on personal growth and well-being. They highlight the need to reassess goals and make changes to align with current values and aspirations. They also share experiences of learning from past financial decisions and adopting more intentional habits.
Lessons Learned: Cultivating a Healthy Relationship with Money
The hosts delve into lessons learned about money management and highlight the significance of cultivating a healthy relationship with money. They stress the importance of not defining one's self-worth solely based on financial achievements. They encourage listeners to find joy in non-financial pursuits and to prioritize experiences and relationships over material possessions. The hosts also discuss the benefits of tracking expenses, being intentional with spending, and setting realistic financial goals.
Hopeful Outlook for 2024
The hosts express optimism for the year ahead and discuss their hopes for stability in the economy. They mention positive trends in the stock market and inflation rates, suggesting that the worst may be behind us. They encourage listeners to take each week as a fresh start and approach their finances with confidence and hope. While acknowledging the unpredictability of the future, the hosts maintain a positive outlook for 2024.
Welcome back to a new season, a new year, and a new approach to your finances! Let's discuss this and more in this week's episode of Money Feels!
We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.
In today's episode, we discuss the following:
Life updates
Our personal financial goals
The value in slow: decisions, spending, growth
Staying hopeful during a difficult financial period
Thanks for listening to our first episode of a new season! If you want bonus episodes and more, you can join our Patreon! Until then, follow us on Instagram @mixedupmoney, @bridgiecasey and @moneyfeelspodcast, and we’ll see you next time!
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