Inside Out Money

Stop chasing the next big purchase and start finding genuine contentment. The world tells us that more money, more stuff, and a higher status equal happiness, yet we only feel more anxious and unfulfilled. Enter the ancient philosopher Epicurus, who flips the script on modern consumerism. We discuss how the Epicurean pursuit of tranquility and freedom from pain is the shortest, most reliable path to happiness and financial independence. Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/134-finding-happiness-through-ancient-wisdom-the-epicurus-way/

The holidays are meant to be about joy, but somewhere along the way, we've let them become a source of stress, guilt, and financial and emotional strain. We’ve all felt the pressure to overspend, over-commit, and keep up with picture-perfect social media feeds. We offer a practical antidote to the madness, with five actionable ways to reset your holiday expectations using an "inside out" approach that prioritizes your peace and financial well-being. Learn how to identify your true core values and use them as a simple filter to cut back on time, money, and emotional spending that doesn't align with your goals. We also provide clear, direct scripts for navigating the awkward "gift-free" conversation, setting necessary boundaries with family.Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/133-five-ways-to-reset-holiday-expectations/

This is your masterclass in returns and reclaiming your money with grace and strategy. We reveal why returns matter and how to turn a common headache into a financial win. We go beyond the simple act of taking something back and share how to approach shopping with an "exit strategy" and that things are often negotiable. Listen to some of our craziest return stories and discover the creative ways you can advocate for yourself and your money.Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/132-the-art-of-the-return-get-your-money-back/

Explore the crucial concept of rebalancing your investment portfolio to manage risk rather than chase returns. Discover how allocations can drift over time and the importance of timing your rebalancing efforts. Learn about the tax consequences of rebalancing, including tips for handling tax-deferred accounts. The hosts also delve into automated options like robo-advisors and target-date funds. Finally, hear personal insights on risk tolerance and practical steps to effectively rebalance across different accounts.

Dive into the fascinating tug-of-war between your emotional and rational brains, exploring Dr. Steve Peters' Chimp Paradox model. Discover why your 'chimp' often takes the reins in impulsive spending during moments of weakness. Learn actionable strategies to regain control over your financial choices, embracing mindfulness to quiet those emotional impulses. From setting boundaries to reprogramming habits, this engaging discussion equips you with tools to box your chimp and make confident money decisions.

Feeling broke while earning a six-figure salary? You're not alone! This discussion uncovers the H.E.N.R.Y. dilemma, where high earners struggle with lifestyle creep and unclear financial goals. Learn how to pause, align your spending with personal values, and escape the comparison trap. Discover the importance of tracking expenses and defining your 'why' to reclaim financial clarity. Tune in for insightful advice on building real wealth!

What does a 'good life' truly mean? The discussion challenges the notion that happiness is tied to material wealth, highlighting the importance of mindset and meaningful experiences. Time and relationships emerge as crucial elements of fulfillment. Listeners are encouraged to seek true wealth through thoughtful spending and financial independence, while personal anecdotes illuminate the journey toward a richer life. The conversation also touches on home repair woes, adding a relatable twist to the pursuit of happiness.

Are home warranties worth it? We answer this question and more. We break down how home warranties work, their pros and cons, and considerations for your primary home versus a rental property. We share personal experiences with home warranties and offer our tips on how to shop for and maximize the benefits of a home warranty if you decide to purchase one.Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/127-home-warranties-a-safety-net-or-a-money-pit/

Setting limits can get a bad rap, but limits are actually the key to a more joyful and abundant financial life. We redefine budgeting and setting limits not as a thing of deprivation, but as a path to peace, and share how setting healthy financial limits can reduce decision fatigue, build powerful discipline, and surprisingly, create more freedom and joy with your money.Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/126-the-real-l-word-why-limits-are-your-new-best-friend/

Let's make paying off debt a little more fun and a little less of a slog. We deep dive into the psychology of debt repayment and offer some of the more enjoyable ways to stay motivated and on top of your debt payoff journey. We’re moving beyond standard budgets and interest rates to discuss the power of “hacking” your brain, leveraging the principles of behavioral science to stay motivated, celebrate your wins, and finally break free from the burden of debt. Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/125-the-psychology-of-debt-how-to-stay-motivated-while-paying-off-debt/