How do you grow your wealth, meet your money goals AND buy whatever you want?
Meet your Inner Savvy Spender!
A “Savvy Spender” is someone who intentionally embodies consciousness with strategic planning when it comes to their finances.
The savvy spender knows that spending money is not bad, and never subscribes to quick no-spend fixes as tactics involving repression of spending will also repress our growth.
The Savvy Spender strives to strike a balance between spending and saving, as they understand that both over-saving and overspending can create negative implications on their life.
This is a definition taken from my upcoming workshop, Become a Savvy Spender which is happening next week on Jan 8, 2024.
Anyone can force themselves to restrict their spending, but just like going on a hardcore diet, you will find yourself crashing. Hardcore saving is not a long-term solution. Learning how to embody savvy spending will naturally make you a better saver.
In this episode, I share the detailed steps of my process that helped me save a lot of money while also allowing me to enjoy life.
We will also go into our subconscious spending personalities, and talk about the one thing that can create quantum leaps with wealth and abundance!
Here are some journaling prompts to go along with it:
1- Reflect on your spending habits without judgment. Have you ever had moments where you felt like you just couldn't help but spend money?
2- If you answered yes, describe these instances and try to understand the emotions or triggers behind them. How did you feel before, during, and after making those purchases?
3- Consider the various phases you've experienced in life. Have there been moments when spending was essential for personal growth, like investing in education, starting a business, or making a major life shift? Share these stages and how spending matched your goals during such times.
Hello, hello everyone, welcome back to the Money Healing podcast and a happy new year to everybody out there. I am so excited to be starting this new year with you all, but before we hit the ground running, let's just maybe consider slowing down this year. Maybe not just slowing down altogether, because slowness does not necessarily mean stagnation. Let's just try to luxuriate in every moment. That's the word that came to me as I took some time off. I was lucky enough to be able to plan all of December off. Pretty much. The word luxuriate just kept coming to me, and whatever you're doing now whether you're listening to me while you're doing your dishes, you're driving, you're hiking, you're walking, you're working, whatever you're doing just take a breath in and out and just be in it. Be fully there and present in whatever you're doing, and be fully in present with the words that I am going to be sharing with you today.
Speaker 1:
The end of the year is a charged time and personally I don't have any immediate family here in Albuquerque, but I still feel like it's such a whirlwind. We barely left the house. But it was charged on many different levels. It was emotionally charged because I do my own end of year rituals. It is just charged because the weather has changed. It's charged because everything is rushed. You go to the shops and everybody's everywhere all the time and it's just like a lot is happening. So when I say let's just slow down, I really don't mean that we're going to have a slow year. I really do believe that there is such precious momentum in being intentional in going slow, and what also came to me during my time off is the direction in which I wanted to. I want my work to go into and how I'm going to take things going forward on this podcast and how my message is really about empowerment and about stepping into your power in every relationship, in every aspect of your life. That's what I want for you. I want you to feel like you're empowered. I want you to feel like you are the boss of your own life, with your own self, starting with your own self, extending to the people that are around you and also extending to your relationship with money. I don't want to teach you temporary band-aid approaches to how to save money here and there. What I want for you is to learn how to make financial decisions out of a place of conviction, out of certainty and out of confidence, because this way you will be able to handle whatever life throws at you.
Speaker 1:
And it's very normal for all of us to find ourselves stuck, feeling stuck, in money decisions, because we're all very scared of making the wrong choice or doing the wrong thing with money. But when we move in life from a place of conviction and certainty, then you know that you are doing your best with what you have at any given moment, but also that you are there for yourself. You are there in the moment and you can handle whatever comes at you. Even if your decisions you made them from a place of like. You did the best you can. But even if your decisions turn out to be a quote unquote mistake, you are able to handle yourself and maneuver and even turn mistakes into opportunities, because this is life and we want to live life. We don't want to be scared of life. Living life will mean that we will make mistakes, but it also means learning and growing and enjoying the entire adventure, because you know what. We're all going to have ups and downs and you love life and I love life. We all love life. So let's make the best out of life and let's change our relationship with money so that it's not the obstacle in the way, but the expediter or the enabler of growth and play.
Speaker 1:
So one of the things that I want to teach you today is how to become a savvy spender. Savvy spender what a weird, peculiar title for a podcast, right? Or even for the workshop, because I am holding or hosting a workshop for you all that you're all invited to. It's happening next Monday, january 8th, 2024, just in case you're listening to this, five years later. So this workshop is happening at 1.30 pm PST. The recording will be made available to those who get a ticket, and it's going to be titled how to Become a Savvy Spender. So I don't want to just teach you how to save money, but I want you to become more savvy. Because here's the thing when you become a savvy spender, that in itself will imply becoming a better saver.
Speaker 1:
So what's a savvy spender? Let me read from the definition that I'm going to be sharing in the workshop. A savvy spender is someone who intentionally embodies consciousness with strategic planning. When it comes to their finances, the savvy spender knows that spending money is not bad and never subscribes to quick no spend fixes, as tactics involving repressions and spending will also repress their growth, the savvy spender strives to strike a balance between spending and saving, as they understand that both over-saving and over-spending can create negative implications to their life. So this is the definition that I have taken from the upcoming workshop that's happening next week.
Speaker 1:
Again, I have a handful of spots left. Please feel free to use the link that is in the show notes to register so anyone can stop spending, right Like I can stop spending. I can stop spending for a month if I wanted to. But just like going on a hardcore diet okay, when I used to have a weird relationship with my body and with food and all that, I would just yo-yo diet. I would like restrict myself and restrict my calories and only eat very like things that have very low calories. But then I would binge and then, after the restrict and binge cycle, I would weigh myself and find that I'm actually I weigh more than when I started off in the whole, like restriction. That's what happens with money. When we hold on to money and we restrict it and we restrict our spending and we try our best not to spend and do all that, that's great. If you are going through a pickle or you're, or you're like very close to achieving a financial goal and you're like come on one more month, I just want to do it. What I'm trying to say is a temporary solution and you will crash, and when you crash, you might find yourself in a place that is worse off than when you started.
Speaker 1:
And as things stand now in the world, as far as I know, buying and spending money is a fact of life and, as you probably know if you've listened to previous episodes of this podcast, I had a lot of issues in my past with spending, and we each have a unique spending type and that's something that I will teach you more about in the workshop and one of these types is called the Pryate out of my Cold, dead Hands Spender. And that was totally me. Spending money felt like I felt like crap. To be honest, I never wanted to do it. It felt like oh, like oh. It just just didn't feel good in my body and my life. As a result of that, my life suffered and I spent my life like it felt, like I was sitting on the sidelines and just feeling jealous of everybody else who was out there living their best lives foot, foot, loose and fancy free. I was just jealous all of the time, and here is what I learned.
Speaker 1:
I learned this very important lesson that we all go through phases in life and you will find yourself in a different phase of growth at different stages of your life, and some phase some, like some certain phases of growth will require you. It will. They will naturally require you to spend money, and some will require you to save money. Let me let me give you an example. So in 2022, I decided to quit my job and start my own business online. That is a growth phase in my life. The focus of that phase was growing my business, so that naturally implied that I was going to be spending money right? So when you think about it, so when I teach this concept, I always bring the like the image of a pendulum. So if the middle, the middle of the pendulum, where it's all balanced, is the savvy spender, and then you've got on the left hand side, the goal that requires you to overspend, and the right hand side, the goal that requires you to underspend, I'll get to that in a second the savvy spender is in the middle.
Speaker 1:
So when I was in the phase of my life that required me to work, I wanted to build my business. I needed to to invest. I needed a website. I needed a web designer, I needed a coach. I needed to work on my money relationship, I needed to, you know, work on my branding. All of that required money. But if I had gone to the far side of the pendulum, to the overspending, I would have done all of that without intention.
Speaker 1:
So when we balance that overspending with the savvy spender, we get, you know, the savvy spender that's in the middle. I know this kind of sounds complicated, but once you in the workshop I'm going to break it down for you with images so he'll be very clear. But once you start, you know balancing it, you will come to the happy middle where you are spending, but not from a place of over, not from a place of exaggeration, but from a place of intention. And the same with the other side of the pendulum. So at the moment my goal is to say, for property, okay, so this goal will require me to curb down my spending. But if I go to way to the far side of the pendulum and I go into underspending mode, I will repress myself and I will repress my enjoyment of life. So when I balance it back and I embody the savvy spender, then it will naturally be at. I'm underspending, but with balance, okay. So these are some of the concepts that I'll be teaching in the workshop, but this is something that you can take with you now without even joining any workshop. This is a knowledge that you can just start.
Speaker 1:
Looking at your life and asking yourself before making a purchase. For example, what phase of life am I in? Am I in a phase that requires me to overspend or underspend? Right? And how can you find the happy middle where you are purchasing things? Right, because now you know the goal is to save for a house, but I will be buying like I will be still working with a coach. I will be doing this, I will be doing this, but the focus is more on saving and more on how can certain sides spending can actually bring me closer to my goal, for example?
Speaker 1:
Okay, so just a way of looking at spending, because we are going to spend but we don't want to be wasteful with our money and, as I was mentioning, there are different spending types. Okay, so we have the naive spender, the resentful spender, the uninhibited spender, the overgiver, the pride out of my dead cold-hand spender, the underspender, the strategic spender and the conscious spender. So I actually came up with these during my December break and I based them on what I have found throughout the years working with myself and also with my clients. Now, you know, I brought up the example of the pride out of my dead cold-hand spender, which was what where I used to be. But maybe you are the uninhibited spender, which means that you just spend money.
Speaker 1:
Okay, maybe you find yourself in cycles of emotional spending, or you spend money, even impulsively or recklessly, and, look, there's nothing wrong with that. We all need something. We all need a way to cope in life. It's all good until it actually is limiting your growth and maybe it's even putting you into debt, or maybe it's depleting your savings. Or maybe you are feeling overwhelmed now because you have all these digital courses that you haven't been using and you look all around your house and you're like what am I doing with all these clothes and shoes and books and things? That is when we know that that spending type is no longer serving you. It's when it limits you.
Speaker 1:
So here's the thing going on a budget is actually not the way out of this, but that's what we would typically do. Okay, when we go over, we go to the other side of the pendulum and go under, okay, but what we want to do is find neutral. Neutral is sustainable. Neutral is the way of life that is going to take you from A to B, maybe in a slower pace, but more intentional and more permanent basis. Okay. So when we look at our finances more holistically, that's basically what we're doing. We're like going through in a balanced way. We're not. You're not going to need to do any budgeting, you're not going to need to do the labeling of expenses, of wants versus needs. You're not going to need to coupon unless you like it. You're not going to need to put your credit card in the freezer or cut it or shame, deprive and deny yourself of even having desires, or force yourself to practice delayed gratification. None of that nonsense.
Speaker 1:
Once you look at your finances more holistically and you approach them from the lens of healing, that all is just going to go out of the window. I never even look at these things, to be honest, and here's the thing you know like, we all are going to spend money and the spending is going to fulfill practical reasons, and some of our spending is going to fulfill emotional, spiritual goals, but some of our spending is a trauma response, okay, and we really have to figure out when that is happening. Couponing and budgeting and freezing our credit card and all that might help you for a few days, but they won't help you. Get down to the core of why you spend. If you are, you know, the uninhibited spender, for example, so you can make permanent changes and start making financial decisions from that middle ground, the savvy spender Okay, so that means that you will spend money. You will also save money, but you won't feel guilty, ashamed or regretful, because what is money at the end of the day? Money is life, energy. Think about it. We exchange our precious time for money and when we waste money, we are essentially wasting our time. So let's try to make our spending more mindful.
Speaker 1:
And on that note, I really want to close this podcast episode the first podcast episode of 2024, by bringing attention to a very small yet very important detail that is going to create quantum leaps on your journey to wealth and abundance, and that is embodiment. What you'll learn here is amazing, but it's only knowledge. I can sit down with you and give you all my knowledge, but until you alchemize this knowledge into wisdom in your body through embodiment, through bringing your nervous system and your unconscious mind on board. This is only going to stay knowledge and it's not going to transform your life. It's not going to change you. It's not going to help you step into personal leadership and empowerment. That's why I am going to always keep on inviting you to apply and join CFA.
Speaker 1:
Cfa is my six month healing journey with money. It's a combination between video lessons and live coaching with me for six months. If that's not the right time for you, come and join my workshops. I will continuously create these workshops throughout the year because I want you to take these concepts and start embodying them, start understanding how they feel in your body so that you move in life from a place of wisdom not just from knowledge, because knowledge is superficial Wisdom and having your nervous system and your unconscious mind and your body on board. That is when you start seeing results in your life. So come and join the workshop. Apply to join CFA. I would love, love, love to have you inside of my programs. Co-regulation is a very important step. Here's your open invitation Come and join CFA, come and join the workshop next week and I will see you then. Thank you so much. Bye for now.