The Broke Generation

Emma Edwards

Feel good finance podcast, packed with frank and honest money conversations, and practical tips to help you be better with money. read less
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Episodes

Is success the best revenge? The Comments Section with Emma and Victoria
Today
Is success the best revenge? The Comments Section with Emma and Victoria
In the final episode of The Comments Section, we dive headfirst into the complex nature of success. We start by exploring our personal definitions of success and how they vary, from simply getting through a tough day to making a long-term impact. We discuss the surprisingly positive power of revenge as a motivator to prove people wrong and achieve our goals. Though ‘revenge’ has negative associations, it can be a very satisfying driver of success, whether it’s in lifestyle, assets, or career, as long as you keep yourself in check. Emma also flexes her financial psychology muscles, discussing how our comfort zones around money shape our beliefs and behaviours. We touch on revenge consumption, examining how you can align your spending motivations with personal values rather than trying to prove yourself to others. We also reflect on when it’s time to pump the brakes on your revenge/success journey, emphasising the importance of regular check-ins to see your progress and setting firm milestones to properly celebrate your achievements. If you loved this series and want to see more, let us know! Is there a topic you want us to cover, jump over to our socials and let us know. Where to find Emma Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @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.
How to cultivate an ROI mindset across 6 areas of life and money
5d ago
How to cultivate an ROI mindset across 6 areas of life and money
Ever wish you could do a quick return on investment calculation on that roomier flight ticket you’re eyeing off? It turns out, you kinda can! In this episode, I’m exploring the concept of Return on Investment (ROI) beyond its traditional business context, applying it to personal finance and everyday life. By adopting an ROI mindset, you can build financial confidence, wellness, and a positive relationship with your money. We'll dive into six key areas: spending, savings, debt, time, career, and self-investment. By making informed decisions tailored to your individual values and goals you can maximise those returns, regardless of whether they’re financial, lifestyle, or emotional.  Thanks for investing your time listening to this episode and don't forget to give the ROI mindset a red hot go, and let me know what changes you're making over on socials! Episode highlights: Good debt or bad debt? Evaluating the ROI of debt can reveal whether it leads to valuable financial or lifestyle improvements.Treating time as a currency allows you to make decisions that maximise your personal and professional returns.Viewing yourself as an asset and investing in personal growth, skills, and well-being can yield significant long-term returns, enriching your life and career. “Cultivating an ROI mindset allows you to assess how you are evolving and how you can evolve your financial behaviour to keep up with that evolution"Emma [05:06] “Having this transactional view of what am I putting in and what am I getting out can be really beneficial in helping you reclaim the decisions that you're making."Emma [20:19] “You are your own investment vehicle, baby. You can get yourself up and get stuff out of you that enriches your life."Emma [27:14]   Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @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.
Manifesting and being delulu, how much is too much? The Comments Section with Emma and Victoria
1w ago
Manifesting and being delulu, how much is too much? The Comments Section with Emma and Victoria
This week we’re cutting through the delulu about manifestation, money beliefs, and the practicalities of financial growth. Dissecting the difference between productive manifestation and delusional thinking, we’re emphasising the necessity of putting in the work to achieve your goals. It’s important to adopt a balanced approach, and recognise that while manifestation can set the stage for progress, it has to be accompanied by proactive steps towards your goals. We also look at societal influences on money beliefs, particularly for women across different generations and the generational shifts currently happening in attitudes towards financial autonomy. This episode isn’t a gloomy take-down of manifestation, but an encouragement to think more critically about your attitude to ‘making this happen’. If this episode has got you curious about how you can add manifestation into you life, check out this episode Emma did with Kira Matthews: https://thebrokegeneration.com/blog/episodes/a-no-bs-guide-to-manifestation-with-kira-matthews-recast/?portfolioCats=362 Don’t forget to let us know your thoughts on our socials, and also let us know what else you’d like us to discuss in the comments section!   Where to find Emma Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @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.
7 things you need to make progress with money in 2024
08-05-2024
7 things you need to make progress with money in 2024
Feeling stuck in your financial journey without a clue on how to move forward? Don't worry, you're in good hands! Today, I'm dishing out 7 essential principles to jumpstart your path to better finances this year. Whether it's reclaiming time for your passions or ditching the anxiety over looming bills, these steps may seem small but they pack a punch. Embracing progress, no matter how modest, paves the way for greater achievements down the line. Have a listen and check out another episode which you may find helpful, Is it time to raise your money standards? You can also check out a heap of resources I’ve put together here. Episode highlights: Establish some form of financial structure for effective money management, whether it's through detailed budgeting or broader categorisation.Allow yourself the flexibility to spend on certain indulgences within your budget, this can help maintain motivation and prevent feelings of restrictionVisualise your long-term goals and the person you want to become can make short-term sacrifices less daunting. “[Have] some money set aside that you do not touch. Whether that is $100, whether it is $1,000, whether it is $10,000, a really good way to up your money standards and increase your commitment to what you're trying to do is getting used to having money in your possession that you do not touch."Emma [19:54] “Building in a break with your financial behaviour and financial goals before you feel like you need it can actually renew your motivation."Emma [35:14] “You need breaks from being perfect with money."Emma [34:31] Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @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.
Balancing budget and boujie: The Comments Section with Emma + Victoria
06-05-2024
Balancing budget and boujie: The Comments Section with Emma + Victoria
Grab an $18 green smoothie, lounge on your million-dollar sun lounge, and get comfortable as we dip our toes into the delicate balance between budget and boujie. We explore the nuances of spending habits, including the Price Per Wear/Use method and how it doesn’t apply to every purchases. Have you experienced the social stigma associated with using vouchers or coupons, and the pressure to maintain appearances? We’re sharing personal experiences and struggles with confronting financial judgments from others.  There's no one-size-fits-all approach to managing money. What’s important is understanding your personal values and finding a balance that aligns with your individual lifestyles - financial growth and self-awareness are ongoing processes! Let us know on socials how you balance out your boujie-ness! Lots of love,  Emma - in Chaos - Edwards, and Victoria ‘Fairy Bread’ Shakeshaft Where to find Emma Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @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.
Embracing your personal money brand for future growth
01-05-2024
Embracing your personal money brand for future growth
What’s the connection between personal branding and financial management? Drawing from my own evolving personal brand, I highlight the power of aligning your money habits with your personal values. Personal branding is a holistic representation of who you are and what you stand for, extending beyond just your career and the number on your payslip. From transforming money habits to expanding the financial window, I’m giving you some actionable strategies to take control of your financial narrative. Like with any goal, sometimes there are sacrifices you have to make, and I’m taking you through the importance of strategic sacrifice in achieving financial goals, and how you can make intentional trade-offs that resonate with your personal brand. Have a listen and check out my Piping Hot Goal Setting Power Pack to help you along on what I’m dubbing ‘Project You’, or you can order my book, Good with Money! Also mentioned: Lifestyle creep vs lifestyle elevation episode: https://open.spotify.com/episode/1KWXW0JzfPJJxxLc1qTxO8?si=pJ2zhpU7RuSl1Kmf9dJAeA Episode highlights: Personal branding embodies your values, beliefs, and aspirations, shaping every financial decision.My personal evolution from chaotic spender to intentional money manager.Broadening your financial perspective to unlock new possibilities and opportunities for financial growth. “Getting to know yourself is an act of financial empowerment."Emma [04:32] “The degree to which you engage with your personal brand is really just the degree to which you’re taking control of what the outcome is going to be."Emma [20:40] “Sacrifice is often the forgotten tool of our finances, and I think that when we are more considered and we do entertain how we can use sacrifice to accelerate where we’re going with our finances and do that in a way that is aligned with our personal money brand, we can grow."Emma [26:16]   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.
10 affordable ways to upgrade your life and feel like a baddie
24-04-2024
10 affordable ways to upgrade your life and feel like a baddie
We all love a good actionable list, and this week I'm taking you through ten wallet-friendly ways to level up your life without burning a hole in your budget. From sprucing up your morning routine to splurging on fancy hand soaps, I explore practical strategies for enhancing your lifestyle without breaking the bank. With the current cost of living, it's never been more important to prioritise upgrades that improve your life long-term (that includes improving your happiness!). Have a listen, and let me know on socials what small thing you fit into your budget that leaves you feeling like the baddie that you are! Episode highlights: Practical strategies for upgrading life affordably.The importance of carving out time for personal choice and enjoyment.How to enhance your daily routine, and indulgences without overspending. “When is a spend lifestyle creep that is going to be damaging and when is a spend actually a perfectly reasonable expression of lifestyle elevation?"Emma [05:19] “When we're actually looking at taking care of ourselves, looking after ourselves and prioritising ourselves, we have to consider the financial component."Emma [04:31] “Sometimes having something in stock and available to you is actually a really good way to stop yourself from like having that scarcity..."Emma [21:20] Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @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.
How to stop pulling money out of your savings
17-04-2024
How to stop pulling money out of your savings
Putting money into savings and then pulling it right back out again is a common financial glitch we experience. We are not all born financially savvy or natural savers. We are not naturally inclined towards delayed gratification and saving. However, pulling money out of our savings for whatever reason is one of those things that hold us back, but when we work on stopping this behaviour from happening in the long run, it can propel us much faster toward our goals. Pulling money out of our savings is not caused by the same circumstance or mechanism, and it is worth paying attention to what is happening at different points in your finances to cultivate your financial confidence and autonomy over your money. In this episode, your host, Emma, shares more about savings and how to stop pulling money out of your savings. It's a common misconception that the main cause of our savings failures is pulling money out of our savings. In reality, the problem lies in our initial approach to saving, where we tend to put away excessive amounts. We end up over-saving and attempting to do more than we can. Listen in and get the tools to help you shift your perspective and approach to what fits your finances. Tune in! Episode Highlights: [00:01] Episode intro and what’s in for you today[05:42] Slowing down and recognizing situations in which you are pulling savings [09:09] The difference between reactive and responsive financial behavior [10:51] Emotional problems and how we pull savings to fuel emotional behaviors [13:06] The PMG framework to help you work on emotional spending[23:50] Mathematical problems in calculating saving and the best antidote [27:21] Organisational issues and how to plan in a way that looks ahead for banana skins[29:27] The focus problem and how it comes up in our financial management [33:50] Motivation, goal simulation, and understanding how your brain responds to reward[38:51] Prioritisation problem and spending on your highest values to get the most value [42:31] Wrap up and end of the show Standout Quotes: “When we put money into savings and pull it back out again, we are kicking ourselves and our financial mindsets in a financial gap and hurting ourselves.”- Emma [07:43]“If you try to do the right thing too hard, if you try to budget too hard or attempt achieve more than it's realistically possible, you are setting yourself out for failure."- Emma [08:19]“When you are pulling money out of your savings emotionally, you are taking money from the future you to change your emotional state in the present; you are choosing now over later but the antidote is making tomorrow more attractive than today.” - Emma [23:20]“Looking ahead for banana skins is one of those big hard hitters that is going to drastically change the sense of control that you feel you have over your finances and give you much more autonomy on where your money goes because you have that confidence that you have looked ahead and you are aware of what is coming up. ”- Emma [29:09]“Understanding how to balance your scales out and prioritise your way to financial confidence is valuable.”- Emma [41:15] Resources Mentioned Free Financial Values Workbook: https://www.thebrokegeneration.com/subscribeSee omnystudio.com/listener for privacy information.
The self care fallacy – buying "self care" but we're still not cared for: The Comments Section Emma & Victoria
15-04-2024
The self care fallacy – buying "self care" but we're still not cared for: The Comments Section Emma & Victoria
Take a deep breath in… and out… ok now you’re ready for this week's comments section! We’re diving into the real deal of self-care beyond the pretty pictures on social media. We’re talking about how we really make self-care work in our daily lives - from nifty apps that keep us zen to those little life hacks. But hang on, we’re also getting real about how self-care’s become a bit of a shopping spree. Are we actually nurturing ourselves or just splashing cash to feel good? We’re peeling back the layers on what self-care means and spotting the difference between quick fixes and the real thing that gives us a deeper kind of chill. And, because we love getting into the nitty-gritty, we’re asking the tough questions about why we resort to these self-care 'buys'. Is it genuinely soothing us or just patching up bigger issues? From psychological insights on why we shop when we're down, to simple truths like, maybe we need to treat ourselves like a toddler to figure out what we really need, this episode is your call to rethink self-care. Don’t forget, we want to hear from you too! Drop into our socials and share how you’re keeping it real with self-care. Where to find Emma Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @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.
How to become a hot b*tch with money
27-03-2024
How to become a hot b*tch with money
In this episode, I'm sharing insights into my approach to managing my finances - what I like to call being a "hot b*tch" with money. I break down six key steps to master this mindset with confidence, and a touch of sass. On the fun side, it’s things like crafting a budget that fits your life, not the other way around. On the other hand, it’s tricker things like critically reviewing your spending habits that eventually help you to be more in control and aware of your financial standing. Working these tips into your finances can help you step away from autopilot and into financial empowerment and confidence.  Here's to embracing our inner "hot b*tch" and conquering our financial goals in 2024 and beyond! Episode highlights: Moving away from autopilot financial habits towards empowerment and self-assurance.Emphasising the value of knowing your financial status at all times to make informed decisions and avoid unnecessary stress or guilt.The importance of having financial goals and working towards them, whether big or small, as a key aspect of financial empowerment. “A hot b*tch does what she says she's going to do... By setting and keeping promises to yourself and actually following through on them, that is where we become a hot b*tch with money."Emma [03:49] “Having a payday routine is the perfect way to do the things that you say you're going to do."Emma [05:59] “Treat every aspect of your finances as data... Seeing everything as data neutralises it. It doesn't make it about you and it helps you move forward."Emma [23:43] Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @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.
Soho house and designer bags: the comments section with E & V
25-03-2024
Soho house and designer bags: the comments section with E & V
This episode was recorded on the lands of the Boonwurrung People of the Kulin Nation. This land was never ceded, it always was and always will be Aboriginal Land.  The Comment Section is back for another juicy ep! This week we’re talking luxury money sh*t, and the link between consumerism and self-perception. With Soho House's expansion into Sydney, we dissected the allure and exclusivity surrounding the global members' club, and its lavish amenities and strict membership criteria.  We also compared our experience in purchasing a designer bag and explored the complex dynamics of prestige and personal expression tied to these luxury items. Beyond bags, we look at the broader questions surrounding luxury purchases, and their true value, both monetarily and emotionally. Join us as we unravel the complexities of luxury living, membership culture, and the quest for belonging in an ever-evolving society. Emma and Victoria x Where to find Emma Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @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.
Introducing: the comments section. Money sh*t chat with Emma and Victoria
18-03-2024
Introducing: the comments section. Money sh*t chat with Emma and Victoria
This episode was recorded on the lands of the Boonwurrung People of the Kulin Nation. This land was never ceded, it always was and always will be Aboriginal Land.  Welcome to The Comments Section: money sh*t chat with your hosts, Emma Edwards and Victoria Shakeshaft. In this 10 week special series from The Broke Generation, we'll be in your ears every Tuesday with chaotic conversations about money, life, and trying to exist as a grown-up, in a manner so unhinged it almost resembles the comments section of any piece of content you see these days.  This week we're moderately composed as we debrief the morning after my book launch party, and lift the veil on the reality behind events that look far glossier online than they actually are. You'll also get to know your cohost, Victoria aka @bad.bitch.money, and hopefully enjoy a giggle or two along with us.  Thank you so much for tuning in, bearing with us while we find our groove, and embracing the chaos. Emma and Victoria x Where to find Emma Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @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/@victoriashakeshaft?utm_source=profile-page  See omnystudio.com/listener for privacy information.
Are you being a d*ck to your money? 5 ways to improve your relationship with money right now
13-03-2024
Are you being a d*ck to your money? 5 ways to improve your relationship with money right now
What’s your relationship like with your money? Are you an awesome, supportive friend? A lazy roommate? Maybe you’re more of a strict and toxic boss? This episode I’m helping you to understand if you’re in a toxic relationship with your money, and what you can do to improve it. It’s essential to understand your financial behaviours and why you do what you do when it comes to making financial choices. I’m talking about proactive steps, like tackling financial admin tasks or making tough financial decisions, that you can do to strengthen your relationship with money. By fostering a healthier mindset and environment around money, you can empower yourself to make better financial decisions.  Episode highlights: Unhealthy relationships with money may involve negative feelings, avoidance, overspending, and regret, leading to a lack of control.Looking for a quick win to enhance the relationship with money? Set up and save for specific goals, both serious and fun.Carve out dedicated financial empowerment time, whether for goal-setting, visualisation, or intentional spending, you can contribute to a healthier relationship with money. “When we're talking about an unhealthy relationship with money that can look like lots of negative feelings around money, it can look like avoidance, it can look like overspending, it can look like underspending."Emma [02:48] “A healthy relationship with money looks like having a sense of peace around money. It doesn't mean that that's sitting there thinking everything's perfect, because I actually don't think that anybody ever gets to that point with money."Emma [03:51] “Where might your environment, whether that is the people you're around, the places you're around, your physical environment, your routines, your habits, your home, your norms, your standards… Where might those things be upholding your negative relationship with money?"Emma [16:11]   Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @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.