55. Effective Strategies To Overcome Overspending

What are the top three reasons you tend to overspend?

Overspending is a big challenge for many of us, especially when we spend mindlessly. We believe we can afford a certain lifestyle, but when our eyes get too big for our wallets, we continuously give in to impulsiveness without considering the consequences.

This week on The Abundant Living Podcast, we’re discussing effective strategies to overcome overspending!

Let’s Embrace Abundant Living:

2:20: Avoid Sales Pressure

9:45: Be Content

13:55: Know Your Why & Target Your Spending

19:30: The W.A.I.T. Method

22:00: Consider The Costs

27:35: Track Your Emotional Spending & Seek Gratitude

• “I am a recovering impulse shopper.” - Weslia Echols
• “Overspending is a quick way to keep you from your goals.” - Weslia Echols
• “Overspending isn’t determined by comparison. It’s determined by how your spending impacts your goals and your debt load.” - Weslia Echols
• “When we target our spending, we do it by starting with our budget.” - Willa Williams
• “Always start with your budget.” - Willa Williams
• “Short-term pleasure can lead to long-term pain.” - Willa Williams
• “Delayed is not denied.” - Weslia Echols
• “Consider the cost of your overspending.” - Willa Williams
• “Gratitude can increase your resistance to instant gratification.” - Weslia Echols
• “Overspending is a dangerous financial habit and is the fastest way to destroy your finances .” - Weslia Echols

This episode is brought to you by Trinity Financial Coaching, where we aim to guide you through financial transformation with grace and ease so that you can manage money confidently, live life purposefully, and build wealth intentionally! To craft your personalized financial blueprint and learn more about financial coaching and how it can impact your finances, download our FREE Five Step Guide to transform your finances: https://www.mytfcoach.com/blueprint

Connect with Weslia Echols, AFC®  and  Willa Williams, AFC®,  Trinity Financial Coaching On Social

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