Know Your Money with Bronwyn Waner and Craig Finch

43. Mindful Money Management: Discovering the Joy of Conscious Spending


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Are you tired of feeling overwhelmed by the word "budget"? Ready to ditch the dread and start feeling empowered by your finances? Join us as we chat about Ramit Seti's revolutionary approach from his Netflix series, How to Get Rich. We discuss his concept of a conscious spending plan, a fresh take on money management that veers away from the conventional budgeting methods that leave so many of us feeling stressed. Our conversation dives into the psychology of money and the impact our behaviors and attitudes have on our financial decisions. We even talk about an unconventional idea - having a "date" with your money, fostering a healthy, open dialogue with our finances.

In the second half of the episode, we share our tips on starting your own conscious spending plan. Imagine viewing money as an asset, something to be nurtured and valued, instead of a source of anxiety or stress. We introduce the 22seven app by old mutual in South Africa, a tool designed to provide an accurate snapshot of your financial situation, helping you to manage your assets and bank accounts effectively. Remember, it's alright to take baby steps, to focus on one aspect that truly speaks to you. Being conscious about your spending doesn't have to be a daunting task - it can be an enlightening, empowering journey. So, let's break the stigma surrounding money management, and start a new chapter in our financial health.

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Know Your Money with Bronwyn Waner and Craig FinchBy Know Your Money