Talk Ya Sh!t

Why Do We Spend Money That We Don’t Have? Ep.7 Talk Ya Sh!t Podcast

• Big Slick (Talk Ya Sh!t Podcast) • Season 1 • Episode 7

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Welcome back to Talk Ya Sh!t Podcast — where real talk meets real life.

In this episode, Big Slick keeps it 100 about financial discipline and self-control — especially when you come from nothing and start doing better for yourself.

Why is it so hard to separate what you want from what you need? How do you control those impulses to buy everything you never had growing up? And what’s the real way to budget, set limits, and stay financially healthy without feeling like you’re missing out?

This episode breaks down how to stay humble, smart, and balanced while still enjoying the life you’re building.

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Write in to the “Let’s Talk About It Letter” at: Talkyashitdaily@gmail.com

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SPEAKER_00:

What's up, what's up, what's up? I'm Big Slick. Welcome to my podcast called Talk Your Shit. To all the new listeners out there, let me tell you exactly what this podcast is about. First of all, the podcast is about me talking my shit. Second of all, what it's about different topics dealing with life, relationship, work, anything. I'm gonna give my honest opinion from a male perspective. It's not sugarcoated, it's unfiltered, it's raw. This is how we do it. You know what I'm saying? We straightforward with it on this show. So that's how we do it. This is exactly what the show is about. And you can be a part of the show. You can write in to our less talkabouted letter. And the way you do that is that you email your letter to talk your shit daily at gmail.com. That's talkya daily at gmail.com. And when you do that, I go through it, I pick the letters, and I'm gonna read every one. It will be a part of the show. I'll put it on the show and I'll give you my honest opinion about it. That's what the show is about. I love to have the audience engaged in this podcast. All right. I want to shout out to all my listeners. Whether you at work, you at home, you in your car, all my truck drivers on the road. Thank you for tuning in to Big Slate. Now we're about to get into this letter. This is what I'm gonna do. I'm gonna read the letter first, and then I'm gonna dive into it and give you my opinion on it. So, without further ado, let's get it. All right, so this letter is about financial stability. What is the best way to control or discipline yourself to not get the stuff you want versus the stuff you need? Like an example, being when you come from nothing, but do better for yourself is sometimes hard to control compulsors and urges to get the things you never had before, even though you know you don't need it. What's the best way to set limits for yourself, budget, be financially healthy in a way you can balance life with your wants without hurting yourself in the process? Great question. I think a lot of people struggle with that, right? So let's jump into it. Financial stability. So coming from nothing, right? A lot of us didn't come from having a silver spoon in their mouth or inherited a lot of money. You know, a lot of people came from a struggle, you know. A lot of people came from one-parent households, you know, some be in some people was raised, you know, maybe by their grandparents or their aunts or or something like that, that might have not had a lot, you know, but they they with what they had, they made the best with. So I understand coming, you know, coming from nothing, coming from the struggle, I'm like that, because I'm from the hood myself, right? So I I fully understand what it is to come from nothing, you know, and to put that working in a grind. You understand? But see, the thing is, is that when you come from nothing, you should respect it more when you do get something, right? So a lot of us, you know, a lot of people are just go out and start buying things and you know, impulse buying, like you said in this letter, right? Which is never good, you know. Right now, that's what the market wants you to do. The consumers just the impulse buyer. Most of the major spending is on somebody that just buys something, you know, when they see it, or you know, they online and they see something, they just buy it. So a lot of compulsive spending is what you know they want you to do. You know, these markets want you to do that. You know, these stores, online stores and stuff like that want you to just buy it when you see it. But the thing is, when you come from nothing, you should respect when you do have something, right? When you do get money, so you should watch the way you spend that money because you know how it is not to have it, right? And you still can get the things you want, but the thing is, plan for the stuff you want, right? That's what you need to do. Plan for the stuff that you want, don't just buy it, put some money aside and then go out and get it, right? Don't just go get everything at one time, don't jump into a new car that you can't afford the monthly payments on. And now after three or four months, the car getting repo and you looking crazy in the face, right? Don't jump into an apartment or whatever, can condo, a house, or anything that you can't afford, right? And then you end up getting kicked out of it or something like that. So the way you you budget your money is this you know what you need, your necessities. So you look at your necessities first, right? What do you need to have? You need to pay if you you know you live on your own, you know, you need rent, you need electricity, you need food, um, if you you know, transportation, if you got a car note or whatever, all these things, you know, you need to have money for that. So now you look at that and go, okay, what do I have left? Right? What's left from that? What do I consider disposable money? Which means this money is not gonna affect my livelihood, right? If I spend this, I'm not gonna be sitting in the dark lighting candles later because my lights is out, you know what I'm saying? Or or something crazy like that. So that's how you you you budget, see exactly what you need for your necessities, and then you can get the stuff you want. And to make it easier, like I said, you need to put money aside for the stuff that you want. So you don't gotta make a big purchase at one time. You got your eye on something you want to get, put a little bit of money up, and then you go out and get it. You know that that's that's the way you do it. You know, I mean, so don't just run out and buy stuff. And like I said, I understand a lot of people have the same mentality when they come from nothing. When they get something, they just splurge. Everybody, you just want to ball out, ball out, ball out, and then you end up being back to where you started at. So that's not the case, that's not the move. Don't do it because you're gonna go around in a cycle that you don't want to be in. It don't make no sense, you know what I'm saying? So spend your money wisely, you know. I don't I don't I don't saw people in the hood pull up, you know, lived in, they got a bins, and you stay in the projects with your moms. Like it's crazy. It it doesn't make any sense. That's that's what you call not knowing how to budget your money or what to really spend your money on. You got a Benz and you still in the projects living with your moms, that makes no sense. You know, you can use that money to get out the projects. You can do a lot of other things than pull up with a Benz in the projects and you stay with your mother in the projects, which is crazy. So that's one example that I know personally that I done seen on a couple occasions where it's just worthless spending, especially on a car. Time you touch it, it depreciates anyway. So, you know, when you get a car, that has to be disposable money, unless you plan on keeping it for 20 something, five years, and then it's an antique, and then you better hope you can sell it to somebody or something. I don't know, but you know, that's the way you you you you budget your money and worthless spending. And a lot of people know when they're buying something that they don't need anyway. You can feel it and be like, yo, I don't need this. You know, I mean, it's just the impulse, you see it, you know, it's the the shiny syndrome. You know, you see something. Oh, let me get this, let me get this, and then you get in, bring the shit to your house and go, yo, why the hell did I buy this? I don't even use it. You might use it once or twice, and then it's just sitting there, and then you like, man, I could have done other stuff with this money, you know. So that's how you think about your money, man. Before you spend it, if you work hard to get it, make sure before you spin it, you're spending it on the right thing that's not gonna affect your livelihood. It makes no sense to work hard for your money, and just as fast as you get it, you spin it and just let it go. You know, especially if you're spending it on something that you can't get a return on your investment on. So if you're not investing in, you know, stocks or something, real estate, anything that can actually make you money, you really should be cautious on how you're spending it with, you know, just on anything, right? That's my that's definitely my take on that. Don't just it's okay to window shop. He's a window shopper. Look at the look at the shit first. Walk past the window a couple of times. Do they still do lay away? I don't fucking if I know. Put some money on it. You don't gotta pay the whole thing. You know how you get bills and you go, how much they want? Well, how much I can put on it to keep it on. What's the let me put about$50 on this to keep this going? That's what you do, man, with stuff with with you know the stuff you want, right? Put put a little something on it, set something aside to get the stuff you want. Don't just OD and go out there and spend crazy and and you know, and now you you eating cat food or kibbles and bits of some crazy shit because you don't got no money for no food, because you want to go out here and spend money on something you don't even need, which makes no sense. You in the crib lighting candles and all types of shit, flashlights in the crib. But come on, man. What are you doing? What are we doing here, man? That's the way you be financially stable, man. Set aside money, right? Invest money, right? And I'm not a financial advisor by any means. Let me put that disclaimer out there for people like, yo, how are you gonna tell you what to do with finance? I'm not a financial advisor. This is my opinion on my podcast called Talk Your Shit. All right, and that's what I'm doing right now. It's just my opinion. I'm not telling you what to do with your money. Just gotta put that disclaimer out there. You know, some people act a little funny when it comes down to bread. But that's the way you that that's what I would do with my money, not just jump out the window and just buy stuff and you know, things of that nature. You put money aside for the stuff you want. You know, if you're going on a you want to go on a great, a big vacation, uh, you know, you want to hit an island or something like that. Are you gonna wait till the week you want to leave to pay for it all at one time, and now everything in your house is cut the hell off? No, you're gonna put money aside until it's time for the trip. So you might start putting money aside months in advance, so it's not hurting nothing in your household, and that's what you should do with anything, you know, that that that you want, you know. And then when you get a nice cushion or something, you know, okay, I got this much money I can spend on certain things, then you go out and get it, but don't sacrifice your livelihood for wants, right? We work for necessities, the wants come after that. That's how I would do it. That's my honest opinion on that, in a way you're not hurting yourself in the process. You know what I mean? It's a time and a place to ball out. Can't ball out every weekend. It's a million people that still go out to the clubs and spin their whole check and then be broke. Like they is they still doing that. I don't know, they might. I think they might still be doing it. You front and you popping bottles, and you lighting candles when you go to the crib. You got candles coming out to you in champagne bottles when you're in the club, ha ha, but when you go home, you lighting candles, bum ass dudes out here doing crazy shit. Man, like that's crazy. That's the truth, though. But that's real talk. You know what it is. This is what we do on my podcast. I talk my shit. That's my honest opinion on this, right? Great. Thank you for for writing in with this topic. Great topic. I think a lot of people needed to hear this because a lot of people do that, especially the part about going to the clubs or wherever, spinning all your bread. You got bottle service with sparklers and shit lit, and now you gotta go home and light candles because your lights are off because you want to ball out. Idiots. But look, check this out. Thank everybody for listening to the show again. If you want to be a part of the show, email into talk your shit daily at gmail.com. That's talk your shit daily at gmail.com. Right? And I would definitely put it on the air, and then we can go from there. With no problem. And we can talk about it. All right, this is the show is about. I want to engage the audience. I want the audience to be a part of the show, right? So keep on sending them letters in. This has been another great show by your boy, big slick. This is talk your shit, and I'm out. Peace.