In this episode, Your Host Iyia and Lisa Dudson, an experienced Financial Advisor, have a conversation about managing money. Takeaways Conscious and mindful spending is crucial for effective money management. Credit cards can be dangerous if not used responsibly, and debit cards are a better alternative. Buy now, pay later schemes can lead to debt and should be approached with caution. Having a budget or spending plan is essential for gaining control over finances and achieving financial freedom. Small financial decisions can have a significant impact over time due to the power of compounding. Set short, medium, and long-term financial goals to effectively plan and save for different objectives. Start saving early to take advantage of compounding interest and allow your money to grow over time. Evaluate expenses and cut back on unnecessary spending to redirect money towards more meaningful goals. Identify your values and prioritize your spending accordingly to align your financial decisions with what you truly value. Financial freedom provides more choices and opportunities in life, so it's important to save and plan for the future. Chapters 04:27 Using Credit Cards for the Wrong Reasons 09:48 Using Buy Now, Pay Later Schemes 14:57 Impulse Buying 22:27 The Compounding Effect 24:02 Not Setting Money Goals 26:37 Starting Early and Investing 29:14 Unused Subscriptions 31:01 Being Conscious of Spending 35:35 Putting Your Money to Work To gain financial clarity, book a 1:1 with Lisa Dudson from Acumen: https://acumen.co.nz/ Go to Make It Happen website: https://www.makeithappen.org.nz/See omnystudio.com/listener for privacy information.

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