Listen "#166 "Just-in-time shopping": Overcome fear-driven purchases, save money and space, and spend mindfully"
Episode Synopsis
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In today's episode, I talk about the strategies I've been trying to address over-acquisition and manage my finances, from savings pots to practising 'just-in-time' shopping. I explain how these methods, alongside mindfully resisting impulse buys and more, are helping me reduce clutter.
Personal Financial Management
Dedicated accounts with savings pots for various expenses like glasses, car repairs, and gifts.
Spending limits.
Evaluating the necessity of purchases.
Reflecting on past financial struggles.
The tendency to overprepare due to fear of scarcity.
The impact of hoarding on life, such as emotional pain from bereavements.
The challenge of trusting that resources will be available when needed.
Shopping Habits and Strategies
Emphasising rationality in shopping.
The "just in time" shopping approach to combat over-acquiring.
Mindful shopping techniques
Checking existing supplies before shopping.
Using shopping lists with flexible categories.
Resisting urge-driven purchases like discounts.
Mindful Financial Practices
Exploring alternative uses for money beyond impulse buys.
Prioritising spending on quality experiences.
Past Financial Hardship and Emotional Impact
Past experiences of financial hardship leading to anxiety and hoarding.
Reflecting on the emotional impact from periods like the COVID-19 pandemic.
Personal Growth and Overcoming Beliefs
Encouragement to try despite potential failures.
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