Feeling guilty about your spending habits? In this episode, we uncover the psychology behind money guilt and offer practical tips to manage it. But what do we mean when we talk about money guilt?

Money Coach Marnita Oppermann defines money guilt as “dealing with feelings of remorse, shame, or anxiety because of financial decisions or circumstances.” She says these emotional responses are often triggered by impulsive spending and financial mistakes such as poor investment choices or being in debt.

Tune in now to hear the full chat.

In this episode, we explore:

•  What drives the feeling of guilt when spending money?
•  The impact of past experiences and formed beliefs.
•  How ignorance of our values and comparison to others can lead to misaligned spending.
•  The role of poor planning and living beyond our means.
•  Empathy for others and the desire to help those with less.

Plus plenty more!

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Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz