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Welcome to Episode 48: Mind Your Spending
In this timely episode, Rose and Suman delve into the pressures of holiday spending and how social and cultural expectations can lead to overspending. They explore practical strategies to manage these pressures, emphasising the importance of aligning spending with personal values and priorities.
The discussion highlights the critical role of financial literacy, including the benefits of budgeting and avoiding the trap of "keeping up with the Joneses." They also address the concept of "buying love" through grand gestures and why this might not be the ideal approach.
Listeners will gain insights into making intentional financial choices and the mantra, "Things we don't change, we are choosing to keep." Additionally, Rose and Suman offer advice for couples on how to manage finances together, set common goals, and ensure their financial values align.
Tune in for a thoughtful conversation filled with practical tips to help you navigate the holiday season and beyond with financial mindfulness.