In this episode we're diving into three types of spending: planned, prepared and impulsive. We'll explore the differences between the three, and how you can use them to audit your current behaviour, farm that data to build a money management style that works for you, and benchmark how you're tracking over time, too.  Listen to the 'what season of money' episode mentioned in this podcast here: https://thebrokegeneration.com/blog/episodes/what-season-of-money-are-you-in-the-comments-section-with-e-v/?portfolioCats=362  Join the Spend-tember Facebook group: https://www.facebook.com/share/g/7ZwmieN2ZEPjxsHr/  Vote for The Broke Generation Podcast in the Australian Podcast Awards: https://www.australianpodcastawards.com/voting See omnystudio.com/listener for privacy information.

Welcome back to Spend-tember! Today, we're unpacking the concept of the "fantasy self" and exploring how it influences our financial behaviours and spending decisions. If you've participated in my wardrobe challenges, you might already be familiar with the idea of the fantasy self when it comes to clothing. But today, we're broadening that lens to see how it shows up in various aspects of our lives. Today I’m covering: Understanding the Fantasy SelfCommon Categories Where the Fantasy Self Shows UpHow to Dismantle Your Fantasy Self Join the discussion! If you haven't yet joined our Facebook group, what are you doing?! We have ongoing discussion threads about each episode and themes from Spend-tember, along with homework tasks to help you dive deeper into your financial habits and mindset. Listen to the episode on Spending Runways mentioned in this episode here: https://thebrokegeneration.com/blog/episodes/are-spending-runways-draining-your-money/?portfolioCats=362  Join the Spend-tember Facebook group: https://www.facebook.com/share/g/7ZwmieN2ZEPjxsHr/  Vote for The Broke Generation Podcast in the Australian Podcast Awards: https://www.australianpodcastawards.com/voting  Where to find The Broke Generation Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money! Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

In the final episode of The Comments Section Season Two, we’re digging through the dirty laundry pile that is the intersection of feminism and spending habits, and whether it is unfeminist to critique women's spending habits. Historically, financial media has framed men's spending around wealth-building and investment, while women's spending has often been associated with saving and cutting back. This dichotomy raises the question: is it wrong to scrutinise women's spending when men aren't subjected to the same narrative? Telling women to ignore their spending habits and simply "build wealth" without addressing the deeper societal pressures misses the point. While it’s crucial to acknowledge that the pressure to maintain a certain appearance or lifestyle is heavily marketed to us, we also discuss the importance of engaging with our financial behaviours. It’s not just about blaming ourselves but rather understanding the structures that shape our financial decisions and taking control to redirect our resources. The Broke Generation is nominated in the Australian Podcast Awards! If you’ve loved having us in your ears lately, you can cast your vote here. Just search for ‘The Broke Generation’ and follow the prompts. Voting closes 10 October 2024. Thanks to our sponsors, Wallace Advocates, AJT Legal, Lending Solved. Where to find Emma Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money! Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook. Where to find Victoria Instagram: https://www.instagram.com/bad.bitch.money/?hl=en Newsletter: https://substack.com/@victoriashakeshaftSee omnystudio.com/listener for privacy information.

WELCOME TO SPEND-TEMBER! 30 days to optimise your spending habits and live a better life.  Join the Spend-tember Facebook group: https://www.facebook.com/share/g/7ZwmieN2ZEPjxsHr/  Vote for The Broke Generation Podcast in the Australian Podcast Awards: https://www.australianpodcastawards.com/voting  Where to find The Broke Generation Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money! Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

[WARNING: LOVE IS BLIND UK SPOILERS IN THIS EPISODE] Love is Blind UK has just wrapped on Netflix and WHAT. A. SEASON. From prenups to "I don'ts" to who pays for dinner and Sabrina's £70 supermarket shop, there were SO many juicy money themes in this series that I just had to unpack with someone.  I'm joined by author of Money Talks, Ellie Austin-Williams, to chat about the couples form this season and explore some of the money stuff that came up during the show. Despite money being firstly a mathematical concept, what we kept coming back to was how deeply values-based so many of the financial conflicts were, highlighting how important it is to understand your own financial compass in order to have a healthy relationship.  Highlights: Reunion debrief, including Sabrina's £70 supermarket shop and an ironing boardClashing love languages and the financial side of investing in a relationshipTom and Maria's clashing financial valuesWho pays for dinner on a first date?Can you ever reconcile differences in foundational financial values?What questions could the couples be asking in the pods to get to know each other more intimately on a financial level?Prenups, protecting your assets, and what's fair IMPORTANT: when it comes to money and relationships, it's important to be aware of the risks and red flags for financial abuse. This interview episode with Serena McDuff from Respect Victoria explores financial abuse and its warning signs: https://open.spotify.com/episode/0Co414jUd8h9Nghh9sqq2V?si=ZBoM0GBsRUugI82g2jGt7A&nd=1&dlsi=0b9407665813470a  Where to find Ellie: Instagram: @thisgirltalksmoney Book: Money Talks https://www.penguin.com.au/books/money-talks-9781786787996 Website: https://www.thisgirltalksmoney.co.uk/  Where to find The Broke Generation Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money!  See omnystudio.com/listener for privacy information.

This week, we're diving into the messy reality of failure. We’re unpacking the modern narrative that every failure must teach us something or shape our success. But let's be real—sometimes, failure is just failure. From botched jobs to disastrous side hustles, we’ve all been there. We explore the pressure to be grateful for failures, even when they don’t neatly fit into our life’s success story. Ever tried to spin getting fired from a waitressing gig into a stepping stone? It’s a stretch. We also touch on the emotional weight of redundancy and how some failures don’t need to be transformed into life lessons. Maybe they’re just missteps we’d rather forget. And while failure can build resilience, not every misstep needs to be a defining moment. Join us as we share our own flops, from failed fitness kicks to embarrassing work blunders, and how we’ve learned that sometimes, it’s okay to just move on without turning every failure into a victory lap. Thanks to our sponsors, Wallace Advocates, AJT Legal, Lending Solved. Where to find Emma Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money! Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook. Where to find Victoria Instagram: https://www.instagram.com/bad.bitch.money/?hl=en Newsletter: https://substack.com/@victoriashakeshaftSee omnystudio.com/listener for privacy information.

In this episode, I explore the idea of "quiet quitting" beyond the workplace and how it applies to our consumption habits. Inspired by a recent newsletter on stepping back from the beauty hamster wheel, can a change in mindset help us break free from the cycle of overconsumption and superficial self-care? I share practical strategies for assessing what genuinely adds value to our lives, like simplifying beauty routines and scrutinising our purchases. From questioning the necessity of trendy beauty treatments to evaluating convenience-driven consumption, I show how adopting a quiet quitting attitude has empowered me to make more intentional choices, and you can too!  Episode highlights: Practical tips on simplifying beauty routines and scrutinising purchases.How convenience-driven consumption impacts spending.Actionable strategies for making better choices about consumption. “I was able to identify that the thing compelling me to pay for that, or to consider getting that treatment, was because I felt pressure that everybody else was."Emma [12:26] “All of these things are priming us to become these convenience seeking consumers like it doesn't serve us."Emma [20:08] “Is this really expressing myself? …Can I really see beyond this one decision and really can I really make sense of what I'm actually trying to do with this consumption decision."Emma [25:38] Book mentioned: Indistractable by Nir Eyal Follow for help with your fashion footprint: curatedwardrobe.au Where to find The Broke Generation Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money! Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

In this episode, we ask: "Deal or no deal?" when it comes to the influence of situational bias on our financial decisions. Our environment often plays the role of the banker, tempting us with offers that can derail our long-term financial goals. We explore how these subtle pressures can sway our choices and discuss ways to stay in control of our financial journey. By understanding situational biases, we can better equip ourselves to make decisions that truly align with our intentions. We share practical strategies for recognising when we're being nudged off course and how to resist these influences, whether in everyday spending or high-stakes financial choices. Join us as we uncover how to keep your financial decisions firmly in your own hands, no matter the external pressures you face. Thanks to our sponsors, Wallace Advocates, AJT Legal, Lending Solved. Where to find Emma Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money! Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook. Where to find Victoria Instagram: https://www.instagram.com/bad.bitch.money/?hl=en Newsletter: https://substack.com/@victoriashakeshaftSee omnystudio.com/listener for privacy information.

It's you, me and the mic again, baby, for another hot little solo ep. In this episode we're deep diving into financial sabotage, why we do it and how to understand it better and use that knowledge to be more strategic in your finances. Highlights: Common types of financial self sabotageThe 5 categories of financial self sabotage3 key causes of financial self sabotageWhy our brains crave familiarityHow to spot your own financial self sabotage behaviours and move through them Key moments: "it it infinitely easier to be the person you've always been than the person you want to be." GET YOUR COPY OF GOOD WITH MONEY: https://amzn.to/3AjuU16  Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @the.brokegeneration  Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

In this hot little ep we answer the big question: is diet culture back? From the return of low rise jeans to the controversial rise of Ozempic and other weight loss drugs, it's hard not to feel like we're living our very own rerun of the early 2000s.  We discuss the impact diet culture has on our finances and why liking yourself is one of the best things you can do for your relationship with money, and with yourself. Thanks to our sponsors, Wallace Advocates, AJT Legal, Lending Solved. Where to find Emma Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money! Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook. Where to find Victoria Instagram: https://www.instagram.com/bad.bitch.money/?hl=en Newsletter: https://substack.com/@victoriashakeshaftSee omnystudio.com/listener for privacy information.

Ready to undergo your next financial transformation? This ep is for you. I'm taking you through four tips to help you accelerate your next big upgrade (and not in a gross way). When it comes to our ongoing financial journey (yuck), there are certain points when we're climbing, and others when we're coasting. Neither is superior to the other, but they're distinctly different states. Climbs happen when you're making big shifts to your habits, behaviours, beliefs and even your bank balance, too. Coasting is the space in between (and it's not a bad thing, by the way). Coasting helps us acclimatise to the new level following an upgrade, and after a certain point, we find ourselves ready to climb again. This ep shares four tips to help you on your next climb! Highlights: The difference between goals you're actively pursuing, and goals that are on the backburner.Goal visualisation pathwaysHow your identity changes when undergoing a financial upgradeHow a short sprint can help you get back on the wagonWhat happens if you don't change?  GET YOUR PIPING HOT GOAL SETTING POWER PACK WORKSHEET: https://thebrokegeneration.com/product/piping-hot-goals/  10% off with code PODCAST Order your copy of my book, GOOD WITH MONEY: https://amzn.to/4fA51uc Sign up to the free weekly newsletter, The Glue: www.thebrokegeneration.com/subscribe  See omnystudio.com/listener for privacy information.

In today’s episode, we deliver part 2 on how to feel like the hottest sh!t to ever walk the earth. We kick things off with another juicy icebreaker, exploring how you’d react if a close friend revealed they were secretly wealthy. Shifting focus, we dig into confidence, highlighting the importance of embracing both strengths and weaknesses. We challenge the notion of toxic confidence, pushing instead for self-awareness and the willingness to acknowledge areas for improvement. We also touch on the power of financial knowledge and the importance of asking questions, even at the risk of seeming uninformed. Maybe it's time for you to interrogate the ways you've been conditioned and understand what has contributed to your responses? Embrace your strengths, acknowledge your weaknesses, and confidently move forward. Thank you so much for listening, everyone! Thanks to our sponsors, Wallace Advocates, AJT Legal, Lending Solved. Where to find Emma Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money! Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook. Where to find Victoria Instagram: https://www.instagram.com/bad.bitch.money/?hl=en Newsletter: https://substack.com/@victoriashakeshaftSee omnystudio.com/listener for privacy information.

This episode is a replay of a popular episode from 2023.  If you’ve clicked on this episode it’s probably because you’re fighting that nagging feeling that you’re ‘behind’ in life. It's a topic that resonates with all of us, consuming our thoughts more often than we'd like to admit. Featuring voice notes from listeners, sharing their own experiences with this all-too-familiar sensation, and how to navigate the complex feeling of being behind in life. Feeling behind isn't just about the numbers; it's about the choices we make, the experiences we gather, and the unique circumstances that shape our journey. Together we explore the need to discern the specific triggers that make us feel behind and the underlying emotions driving these perceptions. It’s important to define your own unique path, discover your core values, and find contentment in their distinct journey. Episode highlights: Learning to differentiate between the societal pressure to conform to certain life milestones and your own personal desires and values, Recognising privilege and how comparing yourself to others who may have had different opportunities can be counterproductive, The importance of self-awareness and personal growth. “Getting aware is the very first stage, and that might be noting little things down if and when they pop into your mind or getting better at sort of slowing down and noticing when these thoughts and feelings are coming to you."Emma [11:15] “Where can you kind of move away from that goal that's been sort of drilled into you is the right thing to do."Emma [39:11] “There is no decision, there is no end destination, there is no place you can be in your life where you don't have questions about where you're going next."Emma [39:35] “The older you get, stage of life matters so much more. I've got friends that are 25 and I've got friends that are in their forties, but the stage of life is kind of more important than the age."Emma [42:26]   Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @the.brokegeneration  Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

In this episode, we're diving into a fantastic listener suggestion from Bonnie, who wanted ideas for making money without starting a full-blown side hustle. Bonnie, a stay-at-home mum with some evening free time, inspired us to explore creative ways to earn extra cash. We chat about various options like selling clothes, participating in specific surveys, and even casual marking for universities. The goal is to find strategies that easily fit into your current lifestyle.  Join us as we share our experiences with micro-hustles, how they've supported us in the past, and why they can be a smart addition to your financial toolkit. Thanks to our sponsors, Wallace Advocates, AJT Legal, Lending Solved. And if you want to check out the amazing work of the makeup artist Emma saw, check out emturchmakeup. Where to find Emma Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money! Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook. Where to find Victoria Instagram: https://www.instagram.com/bad.bitch.money/?hl=en Newsletter: https://substack.com/@victoriashakeshaftSee omnystudio.com/listener for privacy information.

In this episode I chat to stylist, Maddy Forster from Mad About Fashion about the power of finding your personal style, for your happiness, your bank account, and your confidence.  This episode originally appeared as part of my 6 week group experience, The Wardrobe Project, where we hit pause on our clothing consumption and untangle our spending habits as they relate to our style. Keen to hear when the next round enrols? Join the waitlist here: https://mailchi.mp/e60be6e4205a/eyhjwar1s8 Also mentioned in this episode: I Hired a Stylist and Here's What it Taught Me About Consumption. https://open.spotify.com/episode/0zR3cFszEbKIocRVoUazHr?si=ix9wzCDYSnS-4ps3OGkOBg Where to find Maddy: Instagram: @_madaboutfashion TikTok: @madaboutfashion Website: https://www.mad-aboutfashion.com.au/ Where to find Emma Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money!See omnystudio.com/listener for privacy information.

This week we're kicking off with part 1 of a 2 parter about a huuuge topic: confidence. We’re getting into the nitty-gritty of self-love and confidence, which are sneaky aspects of our lives that impact making financial decisions. No one is scrutinising us as much as we do ourselves, and it’s human nature (and conditioning) to think that a shiny new thing, like an outfit, makeup or even a diet program, will sort out all our insecurities. Fortunately, the best fix is free and usually what we actually need is a shift from seeking external validation to cultivating internal confidence. Listen in to find out how you can make that shift both online and offline, and how you can also be a positive force to those around you! Thanks to our sponsors, Wallace Advocates, AJT Legal, Lending Solved. Where to find Emma Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money! Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook. Where to find Victoria Instagram: https://www.instagram.com/bad.bitch.money/?hl=en Newsletter: https://substack.com/@victoriashakeshaftSee omnystudio.com/listener for privacy information.

When are we buying to fix ourselves, and when are we "investing in ourselves"? In this solo episode I dive into the sometimes-dangerous advice I see on social media about "investing in yourself" (which is basically just fixing yourself and/or emotional spending in disguise), and unpack the differences between healthy investments in yourself and toxic pseudo investments in yourself. Then, we move onto a model you can use to explore 7 ways you can invest in yourself in a meaningful way, and side step that toxic side of self-investment. See omnystudio.com/listener for privacy information.

Today, we tackle our very own trolley problem: If someone gives you a lottery ticket as a gift and you win, would you share the winnings? Join us as we delve into the complexities of this scenario, pondering what we'd do if we won and what we'd expect if we were the gifter. We explore themes of transparency, generosity vs. practicality, and the dynamics of relationships. Should the recipient feel obligated to share? Would the gifter expect a portion, or is the ticket purely a gift with no strings attached? We also discuss what we'd do with the winnings both immediately and in the long term. From paying off debts to investing in the future, we consider the practical steps we'd take right after winning. Plus, we share our dream lotto purchases – from luxurious holidays to buying our dream homes. Tune in to hear our perspectives and let us know on our socials what you would do if you won and what your dream purchase would be! Thanks to our sponsors, Wallace Advocates, AJT Legal, Lending Solved. Where to find Emma Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money! Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook. Where to find Victoria Instagram: https://www.instagram.com/bad.bitch.money/?hl=en Newsletter: https://substack.com/@victoriashakeshaftSee omnystudio.com/listener for privacy information.

Your ears are about to be blessed yet again by the incredible Tash Invests, as we talk about the power of frugality and its role in building wealth. We explore Tash's journey of focused frugality, strategic investments, and the behavioural discipline that led to her impressive financial achievements at a young age. Tash shares her early introduction to investing, the sacrifices she made, and the frugal habits that contributed to her financial success. We also discuss how adopting a frugal mindset, even for a short period, can significantly accelerate financial progress, regardless of your stage in life. Tune in for practical tips and insights on leveraging frugality to reach your financial goals. Episode highlights: Strategic sacrifices on financial growthUnderstanding and controlling expenses to accelerate wealth buildingThe challenges and strategies of maintaining frugality as your lifestyle and responsibilities evolve. “I'm not that into frugality in terms of never having any joy in your life and never doing the things that you say you want to do or saving all your money."Emma [02:01] “I was just obsessed with getting jobs for a while. I don't know why. I just, like, loved trying new things."Emma [04:25] “It's easier to not do it at all and than to try and do something in moderation."Tash [10:11] Where to find Tash Website: https://tashinvests.com/Instagram: https://www.instagram.com/tashinvests/ TikTok: https://www.tiktok.com/@tashinvests  Listen to her Get Rich Slow Club Podcast! Order Tash's book How To Not Work Forever. Where to find The Broke Generation Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money! Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

This week, we promise we're not telling pork-pies, we're tackling a dicey subject - tracking your spending. We look at various approaches - from meticulous budgeting to more relaxed methods - and their impact on financial well-being. Join us as we discuss practical strategies for managing finances, especially when you deviate from 'routine' like travel, and coping with variable incomes. We also talk about various tools for effective tracking, and how you can delve into personal spending habits, and find balance between financial goals and lifestyle choices.  Are you a never-checker or an eagle eyed control freak? Let us know on our socials! Thanks to our sponsor, Wallace Advocates, AJT Legal, Lending Solved. Where to find Emma Website: https://thebrokegeneration.com/Instagram: https://instagram.com/the.brokegenerationTikTok: https://www.tiktok.com/@the.brokegeneration   Order my book, Good with Money! Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook. Where to find Victoria Instagram: https://www.instagram.com/bad.bitch.money/?hl=en Newsletter: https://substack.com/@victoriashakeshaftSee omnystudio.com/listener for privacy information.