Oct 02 2024 54 mins 4
In this episode of the Miko Love Podcast, host Kumiko Love engages with spending coach Paige Pritchard to explore the emotional and psychological aspects of spending.
They discuss how emotional triggers, such as boredom and sadness, lead to impulse shopping and overspending. The conversation emphasizes the importance of self-awareness, understanding one's triggers, and developing healthier spending habits.
They also touch on the impact of social media on consumer behavior and the value of delayed gratification in financial decision-making. The episode concludes with practical advice for listeners on how to navigate their spending habits with compassion and understanding.
IMPACTFUL QUOTES
- "Emotional spending will always be part of our lives."
- "100% of the spending that you do is emotional spending."
- "Boredom is probably the most common trigger."
EPISODE CHAPTERS
>> 00:00 Introduction to Emotional Spending
>> 02:47 Understanding Emotional Triggers
>> 06:08 The Role of Environmental Triggers
>> 08:54 Identifying Internal and External Triggers
>> 12:14 The Three A's of Spending Awareness
>> 15:04 Creating Healthy Spending Habits
>> 18:00 The Importance of Delayed Gratification
>> 20:50 Social Media's Impact on Spending
>> 23:52 Finding Balance in Retail Therapy
>> 26:47 Conclusion and Resources
ABOUT PAIGE
Paige Pritchard is a spending coach who helps women overcome impulse shopping and overspending. After struggling with her own spending habits and blowing through her $60,000 salary at 22, she turned her finances around by paying off $40,000 in student debt, cash flowing her MBA, and building a six-figure investment portfolio by 29. A certified life coach since 2020, Paige now coaches thousands of women through her podcast, The Money Love Podcast, and her group coaching membership, Overcoming Overspending. Her work has been featured in NBC News, The Washington Post, BuzzFeed, and more.
- Instagram: @overcoming_overspending
- Podcast: The Money Love Podcast
- Free Masterclass: Why You Impulse Shop & How To Stop
- Work with Paige: Overcoming Overspending Membership
About Kumiko:
Kumiko Love is the creator of The Budget Mom, LLC, a national bestselling author of the book "My Money My Way," and an Accredited Financial Counselor.
She is a dedicated mom of two boys, a passionate sourdough baker, and the proud owner of Pine Manor Naturals.
With over 2 million followers across social media, Kumiko's expertise and approachable style have been featured in major media outlets such as Forbes, The New York Times, and Good Morning America.
As the host of The Miko Love Podcast, Kumiko dives into the exploration of her own passions and a range of captivating topics, offering fresh perspectives and engaging discussions about life. She inspires millions to take control of their financial lives while embracing passionate living and life fulfillment.
Thank you for being a part of our community!
Contact The Miko Love Podcast
- Follow me on Instagram @mikolovepodcast
- Email me at [email protected]
Thanks for listening & keep feeding your curiosity!
