Jul 13, 2021
Have you heard about "revenge
spending"? This term was created to describe the frenzied spending
that is taking place now that people are able to get out and spend
their money again. This rush to spend typically follows an
unprecedented event—such as the pandemic—as people seek to reclaim
control and a sense of normalcy. So in this episode, I will be
sharing the steps you can take to avoid revenge spending and become
more financially confident.
Listen in as I explain the importance of having an emergency fund and why so many people are not financially prepared if they were to suddenly lose their job. You will learn the importance of creating a budget to ensure you are not spending money you don’t have and why you shouldn’t base your spending on how others are spending.
“Financial confidence is strongly related to financial well-being.” - Tracey Bissett
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