In this intriguing episode, host Dave Gallegos takes a deep dive into the psychology of spending and the concept of 'Fear Of Missing Out' (FOMO). Dave explores how we often justify extravagant spending on non-essential items that don't contribute to our financial freedom, under the illusion of 'missing out.' However, rather than assigning blame, he uses this episode to help listeners reassess and realign their spending priorities. By offering practical advice and strategies, Gallegos encourages listeners to make more informed financial decisions that can lead to greater financial freedom and stability. This episode is a valuable resource for anyone looking to better understand their spending habits and work towards financial independence.

00:55 - The Downside of Buy Now Pay Later

02:15 - No One Cares as Much About Your Finances as You Do

03:00 - Creative Ways to Spend Money

04:45 - The TOTAL Expense of Your Mobile Phone

05:45 - Subscription Models

07:00 - Over the Top Celebrations

09:40 - Bachelor/Bachelorette Parties

10:59 - Destination Weddings

11:35 - It’s Just About Your Priorities

12:15 - Gender Reveal Parties & Babymoons

15:00 - Choices Based on FOMO

16:15 - Spend Less Than You Make = Financial Freedom