Reassessing your finances without shame is crucial; transitioning to a more affordable lifestyle when needed is acceptable. It's vital to confront your financial reality when deciding to live alone. Use a debit card for big purchases to track expenses and avoid credit card debts. Adopt a realistic budget that isn't overly strict to prevent feeling restricted and overspending. Being honest about where your money goes and balancing needs, wants, and desires is key to maintaining financial responsibility.
This week we are discussing the ups and downs of living alone in your 20s: from the freedom and independence, to the loneliness and social isolation, financial anxiety and stress, but the authenticity and emotional maturity that comes with it. We talk about:
- Why being alone doesn't make you lonely
- Sliders versus deciders - why you should wait before moving in with a partner
- Cognitive distortions and overspending
- Lifestyle creep
- Habits for building social connection and community
- How to successfully live alone
All that and more, listen now!
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