How to Heal Your Relationship with Money: Rachel Duncan on Budget Burnout, Spending Addiction & Financial Compassion

Are budgets making you feel trapped instead of empowered? In this episode of Everyone’s Talkin’ Money, Shari sits down with Rachel Duncan, a financial therapist and founder of the Money Healing Club, to discuss why traditional budgeting often backfires — and how to break free from the binge-and-restrict cycle for good. Rachel reveals how emotional spending can spiral into spending addiction, why self-compassion is the missing link in most financial plans, and how to create a spending plan that actually aligns with your life.

You’ll hear:

• Why Rachel believes traditional budgeting is a recipe for financial burnout

• How to spot the emotional triggers behind spending addiction and take control

• The real reason emotional spending can feel impossible to stop — and how to heal it

• Rachel’s practical tips for building a spending plan that’s flexible, sustainable, and guilt-free
  

Ready to take the first step toward financial healing? Rachel is offering 50% off the Money Healing Club for all listeners for their first month. Just use the code TALKIN at MoneyHealingClub.com and start transforming your money mindset today.

You’ll walk away learning: 

• Rethinking budgeting can lead to financial peace.

• Emotional triggers play a significant role in spending habits.

• Flexibility in financial planning is crucial for success.

• Understanding needs versus wants is essential for budgeting.

• Spending addiction often stems from emotional triggers.

• Self-compassion is a key skill in financial management.

• Traditional budgeting methods can lead to burnout.

• Planning for annual expenses can prevent financial stress.

• Open conversations about money can reduce shame.

• Creative solutions can help maintain social connections while spending less.

And don’t forget to connect with us on Instagram @everyonestalkinmoney for daily money mindset tips, behind-the-scenes content, and episode updates.

Tune in, take notes, and get ready to rethink your relationship with money. Because financial healing isn’t about restriction — it’s about building a plan that actually works for you.

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