Overspending and impulsive financial decisions are coping mechanisms and a distraction from what is really going on. Spending gives our brain a reward, a fleeting “high”. We often act from an emotional irrational state that leads us to make bad decisions or bury our head in the sand.

I explore exactly why overspending occurs including the science behind it. Once we have discovered the why, we can then explore the how.

In this episode:

• 5 top tips on how we can prevent overspending from happening
• The things that happen when we are acting from our emotional irrational state
• How the link between trauma and addiction can affect our spending
• Why we need to look at healing our relationship with money to help break bad habits with our spending
• How changing our behaviours from reactive to proactive will increase our bank balance
• The importance of creating a delay before making a purchase and why that can have a massive impact

 

Resources:

Join The Money Circle

Join Catherine’s Facebook Page and FREE Facebook Group

My Online Courses – Investing for beginners from £1

Catherine’s YouTube Channel 

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