Inside Out Money

Why do we spend money the way we spend it? We attempt to break down the psychology of spending, exploring the complex combination of personal, societal, and cultural factors that influence how we spend our money. Co-host Erica introduces herself as one of the rotating hosts and shares her background, money story, and her love of baseball. Next, we dig into the top reasons people overspend and explore how our upbringing, cultural background, and exposure to advertising and marketing can shape our attitudes and behaviors around money. Finally, we encourage you to reflect on your spending habits and set practical goals for improving your financial health. Ultimately we’re focused on understanding the psychological drivers of our spending behaviors and taking intentional steps toward financial well-being.

Get the full show notes, show references, and more information here: 

https://insideoutmoney.org/002-why-we-spend-the-way-we-spend/

Let this first episode be your fresh start as we discuss the fresh start effect. Co-host Greg introduces himself as one of the rotating hosts and shares his background, interests, and experience with early retirement. Next, we introduce the fresh start effect, a phenomenon where people are more likely to tackle their goals immediately following salient temporal landmarks, and how to use it as a tool for personal finance success. A temporal landmark can be developmental milestones, life transitions, and other occasions. Maggie discusses her experience with ending the friends on FIRE podcast and how Inside Out Money is her fresh start. We end with a discussion about how this podcast can help to be your fresh start with your finances, and the best part is you get an ongoing accountability partner every week with new episodes each Monday. 

Get the full show notes, show references, and more information here: https://insideoutmoney.org/001-the-fresh-start-effect/

Welcome the the Inside Out Money podcast. Inside Out Money is a personal finance podcast focused on redefining wealth from the inside out. Improving your finances isn't just about the math, it's about the mind. The math is the easy part, the right mindset is the harder part. Join us for a FUN weekly podcast with your host Maggie and a rotating set of co-hosts, friends, and interviews. The first four episodes will launch May 15, 2022!

Get the full show notes and more information here: https://insideoutmoney.org/000-welcome-to-inside-out-money/