🛑💸☝️How to Stop Impulsive Spending: The Psychology Behind Your Money Habits | Andrew Baxter

In this episode, Andrew Baxter and Mitchell Olarenshaw break down the psychology of impulsive spending 💸 and how it affects your long-term financial goals 📊. If you’ve ever wondered how to stop spending money on unnecessary items 🛍️ or found yourself caught in a cycle of impulsive buying, this video is packed with insights and strategies to regain control.
Andrew explores the emotional triggers behind spending money impulsively, from social pressures to the notorious "death scroll" 📱💳 that leads to unexpected online purchases. One of the biggest challenges many face is emotional spending-whether it’s after a few drinks 🍷 or splurging to impress others 👗💰. In this episode, you'll learn the tricks to break these habits and replace them with smarter money-saving strategies 💡.
Andrew shares real-life examples on how you can avoid impulsive spending 🚫🛒, resist temptation, and still enjoy the finer things in life by setting limits and making money-saving decisions 💪💵.
Understanding the psychology of money 🧠💰 is essential for any investor. The hosts discuss practical money-saving tips 📝, such as tracking every dollar you spend and creating a budget that accounts for fun, without derailing your financial goals 🎯. For those wondering how to save money💰, Andrew emphasizes the importance of discipline and how even small, unchecked expenses can add up and derail your financial progress 📉.
Whether you’re a seasoned pro 🏆 or new to the game 🎮, this video offers invaluable insights into financial literacy 📚 and budgeting. From understanding impulsive buying triggers to mastering the art of saving money 💰💡, you’ll walk away with actionable steps to improve your financial habits 💼.
If you want to build wealth and stop falling victim to emotional spending 💸, this is a must-watch! Tune in now for tips on how to control your spending habits 💳 and learn how to stop impulsive spending for good 🛑 while building a financially secure future! 💰📈
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[@australianinvestmenteducation]

*Hey everyone!* 👋 *We just covered some eye-opening insights on how to stop impulsive spending and take control of your financial habits. We’d love to hear your thoughts-what's the biggest challenge you face when it comes to controlling those spontaneous purchases?* 🤔 *Drop your thoughts in the comments below!* 💬👇

[@dagmarstrohmaier3737]

Spot on - love the idea of gamifying spending / saving 👍

[@australianinvestmenteducation]

The only way to do it!

[@admonius9668]

I needed this today! Thank you

[@australianinvestmenteducation]

Plenty more where that came from!