Welcome to a 3-part mini series to celebrate our upcoming retreat in partnership with Yogable, The Money Sleepover this June! In episode one, we're giving you a taster of the types of money conversations we'll be having at the retreat and the type of vibe you can expect, by discussing the concept of a "silent dream". You know, that thing you always kinda wanted to do but think it's too late or that it'll never happen. 

Highlights:

• What is a "silent dream" and how do we uncover ours?
• The things people regret not doing when they reach end of life
• Time is passing – why don't we act?
• The comfort zone of missed opportunity

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The Money Sleepover is the ultimate women's financial wellness retreat, with all the fun of a sleepover from your youth, but for grown ups. Think: private chef, a sauna, yoga sessions, mindful crafts, facilitated money conversations and empowering finance workshops to help you live a life of joy and purpose.

We have a handful of spots left for the retreat, so get yourself booked in here: https://www.yogablewellbeing.com/themoneysleepover 

Hosted on Acast. See acast.com/privacy for more information.

In this top loved episode I'm chatting about one of your FAVE topics on the pod: clothing spending. Oh, it's such a beast, isn't it?! If you relate to the feeling of outsourcing your identity to consumption, you'll love this episode. 

GET YOUR TICKETS TO MASTER YOUR STYLE MASTER YOUR SPENDING! https://www.trybooking.com/events/landing/1379832?embed

Join the waitlist for next round of The Wardrobe Project: https://mailchi.mp/7dbdeba873ab/atq5ho25bz?mc_cid=d857a7f281&mc_eid=9e962acd97 

Episode highlights:

• Increasing your readiness to change by broadening your understanding of your clothing spending behaviour
• Why unmet expectations are at the core of the clothing spending cycle
• Using The Tomorrow Rule to trick your brain into making better buying decisions
• Using The Rule of 5 when buying clothing to help you make better decisions
• Focusing on what you're gaining, not what you're giving up
• The power of behavioural rehearsal 

ORDER GOOD WITH MONEY: https://amzn.to/4bC6QV8

GET THE NEWSLETTER: the weekly money psychology and mindset newsletter (that just so happens to have fun bits like a hot & not list, things I didn't buy, and fun updates from behind the scenes. Head to www.thebrokegeneration.com/subscribe, where you'll also get your free Financial Values workbook.

Where to find The Broke Generation

Website: https://thebrokegeneration.com/?v=518f4a738816

Instagram: https://instagram.com/the.brokegeneration

TikTok: @the.brokegeneration 

Hosted on Acast. See acast.com/privacy for more information.

In this episode, I dive into the critical difference between explanations and excuses when it comes to our financial situations. I explore how identifying this difference can transform our money mindset, help us take meaningful action, and prevent future regrets. By learning to shift from excuse-making to explanation-seeking, we can break through psychological barriers and create genuine financial progress.

Episode Highlights:

1. Explanations vs. Excuses: I break down how explanations clarify with facts and context, while excuses shift responsibility and provide psychological comfort that ultimately holds us back.
2. The Self-Employment Example: I share my personal tendency to use "I'm self-employed, so it's harder" as an excuse, and how transforming this into an explanation creates actionable pathways forward.
3. Four Questions to Identify Excuses: I provide a framework to determine if you're making excuses or giving explanations, including asking if it's specific, if there's a way forward, if you'll stand by it in five years, and if there's anything you're not telling yourself.
4. The Future Self Perspective: I discuss how our future selves will thank us for turning excuses into explanations that we can act upon, rather than letting opportunities pass us by.
5. Life's Regrets: I reference Bronnie Ware's "Top Five Regrets of the Dying" to highlight how excuse-making can lead to unfulfilled dreams and missed opportunities for meaningful connections.

What you will learn:

• How to differentiate between legitimate explanations and limiting excuses in your financial life
• Practical techniques to transform your excuses into explanations that enable action
• Why psychological comfort from excuses can lead to long-term regret
• How to balance accepting real financial challenges while still moving forward

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.

Hosted on Acast. See acast.com/privacy for more information.

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/@victoriashakeshaft

Hosted on Acast. See acast.com/privacy for more information.

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 restriction
• Visualise 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.

Hosted on Acast. See acast.com/privacy for more information.

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/@victoriashakeshaft

Hosted on Acast. See acast.com/privacy for more information.

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.

Hosted on Acast. See acast.com/privacy for more information.

This week we’re kicking off with the unveiling of “A Cold Day in Hell” - the official drink of the Comments Section. Listen in for our Michelin star recipe* and hacks and tips for daily living, from un-aesthetic morning routines to work lunch strategies. We’re also calling to bring back the packed school lunch for grownups, and debunking the myth that sandwiches are boring. What’s important is packing food that brings you joy and satisfaction, rather than succumbing to diet culture's restrictions, or disorganised panic spending. There are so many strategies that can make being an adult so much easier, like bulk buying and outsourcing tasks, but let us know after listening what your hacks are on our socials!

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

Hosted on Acast. See acast.com/privacy for more information.

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.

Hosted on Acast. See acast.com/privacy for more information.

Is the capsule wardrobe the new seasonal trend? We look into whether we're not just finding style inspiration online, but our entire style identity. In this episode, we dive deep into understanding your personal style and how you can avoid outsourcing your identity. From Instagram trends to the Wardrobe Pause Challenge, we explore the pitfalls of seeking identity through clothing and the importance of embracing authenticity.

Join us as we navigate the complexities of shopping dynamics, body image, and wardrobe psychology. We unravel the influence of social media on our fashion decisions and the need to shift focus from trends to self-expression (and acceptance!).

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

Hosted on Acast. See acast.com/privacy for more information.

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/subscribe

Hosted on Acast. See acast.com/privacy for more information.

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/@victoriashakeshaft

Hosted on Acast. See acast.com/privacy for more information.

"Spending money is a shortcut to most of the feelings we crave in our lives."

In this episode I'm taking you through 7 pesky little happenings that make you want to spend money, and how to break the habit of giving in and emptying your bank account in the process.

From having a bad body image day to getting good news, there's always something waiting to send us into a spending frenzy. But the good news is, you can learn to master it. 

I share a smorgasbord of alternative behaviours and mindset shifts to help you tackle the spending monster head on, and feel more in control of your money and your financial wellbeing. 

Mentioned in this episode:

Join the waitlist for the new and improved Wardrobe Pause Challenge: https://mailchi.mp/a5bafd003bec/wardrobe-pause-challenge-waitlist

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.

Hosted on Acast. See acast.com/privacy for more 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. 

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.

Hosted on Acast. See acast.com/privacy for more information.

SWOT’s going on everyone? This week, we're diving into the grit of what it's like to hit the books as mature age students and unpacking the whole "cost" of it. We're chatting about the pressure cooker of societal and cultural expectations, questioning why there's this idea that you have to jump straight from high school into higher education. Remember: it's totally cool to take your time and dive into studying when it feels right for you. So, if you're contemplating hitting the books as a mature age student, stick around as we dish out some real talk about why it's not just okay, but actually pretty awesome to take that leap of faith into the world of learning, no matter when you decide to do it. Have your own experiences you want to share with us? Check out our socials and join the discussion!

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

Hosted on Acast. See acast.com/privacy for more information.

It's me and the mic again my friends for another solo episode, and this week we're talking all about finding your financial chill girl. Let's face it: stressing about money SUCKS A$$ – and because our brains are such drama queens, often we stress more than we actually need to.

Enter: the financial chill girl. In this episode I'm teaching you the principles of mental and financial resilience to help you build a sense of chill around your money and approach money management from a resilience-first perspective. 

Highlights:

• The antics our brains pull when experiencing financial adversity
• The three P's of learned optimism 
• How to intercept negative thoughts during financial adversity so you can get on with dealing with the issue objectively
• The components of financial resilience and why personalising your approach is critical
• Why managing your everyday money habits makes it infinitely easier to handle financial adversity + juice up your financial resilience

Mentioned in this episode:

GET THE PIPING HOT GOALS POWER PACK and set the best, hottest money goals of your entire life: https://thebrokegeneration.com/product/piping-hot-goals/

Get your copy of Good With Money: https://amzn.to/3TFms2p 

Hosted on Acast. See acast.com/privacy for more information.

We’re diving back into the comments section, this time we spill the beans on the pricey pitfalls of convenience, from occasional valet parking to a regular house cleaner. Join us as we swap stories and bounce ideas off each other about when to indulge in life's little luxuries and when to hold back. It's all about finding that sweet spot where convenience fits into our lives without breaking the bank or compromising our values.
Grab a cuppa and tune in as we dish out plenty of food for thought on incorporating convenience into your life while staying true to your values and financial goals.

Lots of love, Fruit & Nut (AKA 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

Hosted on Acast. See acast.com/privacy for more information.

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.

Hosted on Acast. See acast.com/privacy for more information.

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/@victoriashakeshaft

Hosted on Acast. See acast.com/privacy for more information.

Buying clothes again after a full year of not buying ANY... what's that like?! Well gang, I'm taking you inside my brain. Being back in the big wide world outside of my challenge bubble (I didn't buy any clothes in 2023) has been humbling. While I learned so much last year and completely fell in love with my existing wardrobe, having the option of buying again has been more difficult to navigate than I expected.

In this episode, I take you through how I'm approaching solidifying my new approach to my wardrobe in the real world, the mistakes I've made now I'm buying again, and the challenges I've faced in trying to decide how to buy going forward.

I also dive into the decision fatigue that comes with deciding whether something is worth buying, and discuss how I plan to achieve the sense of peace I experienced during the year-long challenge, but without never buying. 

I hope you enjoy this chatty episode, thanks so much for listening. 

Where to find The Broke Generation

Website: https://thebrokegeneration.com/?v=518f4a738816

Instagram: https://instagram.com/the.brokegeneration

TikTok: @the.brokegeneration 

Get your copy of Good with Money! Out February 27th 2024 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.

Hosted on Acast. See acast.com/privacy for more information.

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

Hosted on Acast. See acast.com/privacy for more information.

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.

Hosted on Acast. See acast.com/privacy for more information.

Content warning: This episode discusses topics of family violence and financial abuse.

In this episode, I talk with Serina McDuff, the acting CEO of Respect Victoria, shedding light on recognising early signs of financial abuse in relationships. Our conversation explores the need for open dialogue about finances, challenging societal norms, and fostering communication to create safe and consensual financial dynamics. These conversations can be with your own partner, family members and friends, and they are so essential. Serina emphasises that financial abuse can affect anyone, regardless of financial stability, and the importance of being proactive in understanding and addressing these issues. Throughout our discussion, Serina also provides valuable insights into creating consensual and safe financial arrangements within relationships.

Episode highlights:

• Financial abuse is recognised as a form of family violence where one person in a relationship exercises control over another person through financial means. This can include monitoring spending, controlling funds, pressuring to take loans, and more.
• We discuss common red flags in relationships that may indicate financial abuse, such as isolation, control over finances, pressure to quit a job, gambling with shared money, and exclusion from financial decisions.
• The importance of having early conversations about finances in a relationship, and normalising discussions about money can help prevent financial abuse by allowing partners to openly communicate their expectations and goals.

“The broader societal expectations and sort of traditional gender roles that many of us have grown up with and many that continue to be entrenched today that can be the context for family violence."
Serina [09:57]

“It's totally okay to have a joint bank account, you know, but at the same time we would say, hang on to a bank account of your own."
Serina [24:45]

“You might have different views and you might sort of disagree, but you should be able to kind of navigate that the way that we do in healthy relationships where you agree to disagree or you don't feel unsafe in those conversations, you're just trying to work out what you should do as a couple."
Serina [28:09]

If the content in this episode raises any concerns, you can find out more information and support at

• www.respectvictoria.vic.gov.au

• www.1800respect.org.au/violence-and-abuse/financial-abuse/toolkit

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.

Hosted on Acast. See acast.com/privacy for more information.

My book, "Good With Money" is finally out! This book goes beyond finances; it's about self-discovery, understanding spending habits, and reshaping your relationship with money.

I’ll guide you through the book's five sections, exploring non-financial narratives and the intricacies of personal psychology in money management, complete with bonus page turning ASMR. I’m also sharing excerpts, with a sneak peek into the themes of financial empowerment and confidence explored in the book. 

I hope it becomes your guide to mastering money habits and navigating your unique financial journey. If you do get a copy of the book, snap a picture of it and tag me on your Instagram stories - it’s out in the wild now! 

Episode highlights:

• A bit of real-talk - I have some mixed emotions now that the book is out! The journey from writing to seeing it in bookstores has been overwhelming but exciting.
• Get a sneak peek into how the media has impacted women's financial empowerment and how social media influences financial decisions.

“I sort of look beyond the everyday habits of getting good with money. That is my sweet spot. That is what I, you know, focus on the most for getting good with money to getting you from Hot Mess Express to feeling financially confident."
Emma [18:56]

“I could not write a book in 2024 that does not address the importance of understanding how to grow your money, how to, you know, go beyond having savings, what to do when you've got all your emergency fund and everything sorted out, growing your money long into the future and looking at that more wealth creation, stability, preservation side of things."
Emma [21:11]

“We're programmed to join the masses to survive, like following the crowd who are running from a predator. If you lose the pack, you die. But now let's think about our financial behaviour. To what extent are we mirroring the norms of others around us, or outsourcing the appropriateness of our financial decisions to what others are doing?"
Emma [24:53]

Loved what you heard? Order my book, Good with Money!

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.

Hosted on Acast. See acast.com/privacy for more information.

In part two of this slap-a-dappin episode on self-image and financial health, I explore four additional powerful strategies to build self-acceptance and stop the cycle of emotional spending. Building on the foundation laid in part one, this episode dives deeper into identifying your "fantasy self," recognising spending triggers, working with what you already own, and developing a framework to intercept negative self-talk. Discover how liking yourself more can become your financial superpower and free up mental space previously consumed by self-criticism.

What you will learn: 

• How to identify your "fantasy self" and break the spending cycle tied to that unrealistic image
• Techniques to recognise and distance yourself from triggers that lead to emotional spending
• Why working with what you already own can radically shift your relationship with yourself
• A practical A.A.D.E. framework (Acknowledge, Articulate, Dispute, Evidence) to intercept negative self-talk
• The connection between self-acceptance and improved financial decision-making

Episode Highlights

• How identifying your "fantasy self" can help you intercept emotional spending before it happens (5:40)
• Why your triggers for disliking yourself are powerful clues for changing your relationship with money (12:30)
• The radical act of deciding you can like yourself with what you already own (18:20)
• Introduction of the A.A.D.E. framework for transforming negative self-perception (22:35)
• Why liking yourself is actually a "cheat code" for financial wellbeing (28:15)
• My personal journey from self-criticism to neutrality and how it transformed my spending (30:25)
• The connection between women's self-image struggles and engagement with personal finance (32:10)

Mentioned in this episode: The Spending Trap of Your Fantasy Self episode: https://thebrokegeneration.com/blog/episodes/friday-faves-the-spending-trap-of-your-fantasy-self/?portfolioCats=362

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.

Hosted on Acast. See acast.com/privacy for more information.

I'm sharing 12 money lessons that really made a difference in how I handle my finances. We're talking about things like planning for the long term, being smart about spending in a world full of temptations, and making sure your spending matches up with what really matters to you. I also get into understanding your own 'money story,' the importance of not always going for instant rewards, and saving money without a specific goal in mind. Take a listen to get all my tips and tricks for building a better relationship with your money, making the most of it, and using it to make your life better.

Episode highlights:

• Shifting perspective from immediate spending to long-term savings.
• The importance of aligning your spending with your values - your bank statement reflects your priorities.
• Saving money without a specific goal.
• Understanding that discomfort and resistance is a normal part of changing habits.

“There is no shame in saying to yourself, ‘Look, I need to spend some time learning how to better decide where my money goes, learning how to be resilient to these things, learning how I spend, looking back at where my money has gone, actually getting a handle on where my money is going.’"
Emma [09:20]

“One of the best goals you can have is to have your bank statement really reflect what matters to you."
Emma [16:10]

“The memories that you have about money will impact the way you behave."
Emma [23:30]

Where to find The Broke Generation

Website: https://thebrokegeneration.com/?v=518f4a738816

Instagram: https://instagram.com/the.brokegeneration

TikTok: @the.brokegeneration 

Pre-order my book, Good with Money! Out February 27th 2024 

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.

Hosted on Acast. See acast.com/privacy for more information.

Inspired by my friend Peta's podcast episode on setting standards in business (go listen if you're a business owner), today's quickie episode gets you thinking about the standards you're living by with your own personal finances. The habits we engage with create standards that we live by, and interrogating these standards can help us get out of our own way and start living to our full potential. 

We explore the standards you might be accepting in your finances, and how you can look at raising your standards to get more out of your money and the way you experience the financial side of life. 

Your challenge after this episode is to live your life as normal for one week, and look at the standards you're allowing into your personal finances. Are you making things harder for yourself by choosing immediate enjoyment over longer term goals? Are you kind of addicted to the chaos of starting over every month? Are you so used to having your value dictated by a salary you're not happy with that it's become part of what you accept as standard?

This one will get you thinking. 

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 newsletter that'll make your habits stick: www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.

Hosted on Acast. See acast.com/privacy for more information.

In this week's episode I'm joined by author of Kids Ain't Cheap, Ana Kresina. Ana joins us to talk about the realities of managing your finances as a parent, how we can prepare if we're planning to have children, and how it can change the way we think about money as a whole.

Highlights: 

• addressing our fears around the financial aspect of having children, and unpacking where that comes from and how to manage it
• the multifaceted cost of having kids
• preparing our finances ahead of having children
• navigating time out of the workforce, and the the gender pay gap and super gap
• our generation is doing things differently, and we're parenting differently too

Where to find Ana:

Book: Kids Ain't Cheap: https://www.amazon.com.au/Kids-Aint-Cheap-financially-parenthood/dp/1922611891 

Podcast: Get Rich Slow Club https://open.spotify.com/show/6UEj6JvBGvxCNw4z44nV6m

Instagram: https://www.instagram.com/anakresina/?hl=en

Hosted on Acast. See acast.com/privacy for more information.

I hired a stylist and I'm taking you on a deep dive into what my experience was like, what happened when we went shopping, and the things I learned about my consumption habits.

I recorded this episode just hours after I completed my personal shopping session to give you the real raw insights into what it was like as a curvy, jiggly gal trying on endless items of clothing in the space of 4 hours. 

Highlights:

• The relationship between consuming clothes and how I feel about my body
• The ways I'd previously have bought things and how having a stylist changed that for me
• Observations on how we view having "enough" clothes
• How we approach tapering our desire to buy more, more, more 
• The experience of trying clothes on for hours on end, and the feeling of finding stuff that really worked
• The role of a stylist when personal shopping, and the pre-and-post services that I'm engaging.

If you're interested in hiring a stylist yourself, you can find Maddy at the below links:

Instagram: @_madaboutfashion

Website: https://www.mad-aboutfashion.com.au/

Hosted on Acast. See acast.com/privacy for more information.

In this episode, we're diving deep into goal setting in a way you might not have considered before. We'll be looking at what goes into setting goals, how goals actually work, and why it actually doesn't matter if you achieve them or not. The simple presence of having goals can be enough to change your behaviour for the better.

Highlights:

• The incomes vs outputs method of building conscious action
• The magical blend of conscious and subconscious action towards a goal
• The actual function of goals in changing behaviour
• Factors that determine the likelihood of achieving a goal
• The relationship between goals and behaviour change
• Why achieving your goals isn't necessarily about hitting the nail on the head
• How to strategically use goals to improve your finances and your life
• Changing the way we see the role of goals

Episodes mentioned in this episode:

How to change your financial behaviour according to science

Can you really manifest money? With Kira Mathews 

Also mentioned in this episode:

Reflect & Reset workshop – purchase the recordings now

Where to find The Broke Generation

Website: https://thebrokegeneration.com/

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.

Hosted on Acast. See acast.com/privacy for more information.

In this episode I’m joined by positive psychology practitioner and author of Choose Joy, Sophie Cliff, to discuss how we can inject a little more joy into our lives. 

Highlights:

• What actually is joy and how can we define what it means to us?
• Why joy is so often linked to spending and consumption
• How to find joy without spending any money
• Reprogramming your brain to notice the little moments that make you happy
• Why we’re so used to dwelling on the negatives
• Balancing good and bad days, moments, and feelings
• Research-backed ways to find more joy

Where to find Sophie:

Book: Choose Joy, available at all major bookstores.

Instagram: @sophiecliff 

Website and programs: https://sophiecliff.com/

Where to find me:

Instagram: @the.brokegeneration

Blog: The Broke Generation | Destination for Hot Mess Millennials

Hosted on Acast. See acast.com/privacy for more information.

It’s the long awaited wardrobe freeze update! In this episode, I’m sharing my reflections on completing a year without buying any clothes. I share the challenges and the wins, diving into what I discovered about myself and my existing wardrobe.

I also unpack the strategies that got me through the year, and the importance of mental preparation and finding balance in various life aspects. From weight fluctuations to rediscovering treasures in my closet, I’m sharing the valuable lessons learned during this period of intentional living.

Looking ahead, I’m laying out my game plan for the next year and figuring out how to put into action what I've picked up. This involves tweaking how I approach clothing consumption - thinking about making my own, trying out rentals, and, of course, doing a bit of shopping.

Join me as I continue this journey of mindful consumption, reflecting on the past and stepping into a future where my relationship with clothes is not just about style, but about conscious choices and sustainable practices.

Episode highlights:

• I finished my wardrobe freeze!
• Insights into the challenges and wins during the wardrobe freeze,
• How to prepare, physically and mentally, for a freeze,
• The financial aspects of the challenge - how much did I save by not buying clothes?
• My future plans post-wardrobe freeze, including seeking the help of a stylist!

“I have a photo album on my phone of over 120 outfits I think that I put together throughout the year."
Emma [17:35]

“Spend time in your wardrobe, spend time with the stuff that you've got. Get to know the stuff that you caught by setting aside half an hour on a Saturday morning or an extra half an hour when you're getting ready."
Emma [17:48]

“A lot of things will happen during a year. They'll be events that you didn't even know you were going to go to yet. There will be feelings that you have about the way that you look."
Emma [22:12]

Where to find The Broke Generation

Website: https://thebrokegeneration.com/?v=518f4a738816

Instagram: https://instagram.com/the.brokegeneration

TikTok: @the.brokegeneration 

Pre-order my book, Good with Money! Out February 27th 2024 

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.

Hosted on Acast. See acast.com/privacy for more information.

It’s 2024, and I’ve set 24 goals for myself, my finances, and my business. From spontaneous trips to doubling my podcast listenership, these goals reflect a mix of building on past achievements and future growth. Balancing bold targets, such as running a live event, with practical steps like monthly business strategy reviews, I'm determined to make 2024 a transformative year. Join me on this journey and share your 2024 goals too! Plus, if you fancy leaving a podcast review on Apple Podcasts or a star rating on Spotify, you'd be helping me kick off one of my goals!

Episode highlights:

• Reflecting on the achievements of last year's goals,
• The impact of having a list of goals, emphasising accountability and self-reflection,
• Building routines, with the intention to develop more structured habits in my daily life,
• Striving for balance in personal and professional life, with specific goals related to financial and business aspects,
• The value of interconnected goals, where working towards one, actually helps another goal too!

“So I feel like I've gone from a year of experimentation… and now I want to like, refine that and sort of lay down some patterns using that data."
Emma [10:57]

“I'm sort of getting into that mindset of working three months ahead of myself in terms of what I'm planning to do, so that I can think about plotting out those times I want to take off ahead of time rather than trying to take it off in the moment"
Emma [27:43]

“If I can give anybody any advice in terms of, like I guess, mental health and finding your passions and things like that and like finding yourself, it's find things to be proud of that aren't work."
Emma [46:32]

Where to find The Broke Generation

Website: https://thebrokegeneration.com/?v=518f4a738816

Instagram: https://instagram.com/the.brokegeneration

TikTok: @the.brokegeneration 

Pre-order my book, Good with Money! Out February 27th 2024 

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.

Hosted on Acast. See acast.com/privacy for more information.

In this last episode of The Broke Generation podcast for 2023, we’re diving into the annual Guided Reflection, exploring the highs and lows of our individual financial journey this past year. I’ll walk you through some helpful questions and introduce my LILAC framework (Leave, Improve, Learn, Achieve, Carry) to gain insights into your successes, challenges, and major life events and to help you plan for the upcoming year.

Now armed with this valuable data, it's time for you to sit with it, empowered to plan your next year with intention. It’s time to leave behind what no longer serves you, seek improvement, continue to learning, and set achievable goals.

If this episode has you hungry for more reflection, check out my Reflect & Reset workshop series, you can watch the replay for session one now, and catch the second workshop on the 14th of January. And hey, don't forget about my upcoming book, "Good With Money," available for pre-order, check the links below. 

I’ll see you next year!

Episode highlights:

• Work through my Guided Reflection, a lite version of my Reflect & Reset workshop series,
• Looking back at major events, experiences, financial ups and downs, and leveraging that reflection for personal growth,
• Unpacking the LILAC Framework (You know I love a framework!),
• Bring clarity to your financial situation, understanding personal behaviours, and setting meaningful goals.

“Reflecting is so powerful and I'm going to go out on a limb and say, I actually don't think that you can do the deep work on your money mindset, your money perspective to change your reality without doing a bit of reflection."
Emma [04:35]

“Think about if your year in money were a book or a movie, what would it be called? What would the Shownotes be? What would the reviews be?"
Emma [19:23]

“How do we hold ourselves back? How did other non-financial things perhaps get in the way of our financial progress?"
Emma [22:43]

Where to find The Broke Generation

Website: https://thebrokegeneration.com/?v=518f4a738816

Instagram: https://instagram.com/the.brokegeneration

TikTok: @the.brokegeneration 

Sign up for my Reflect & Reset Workshop Series, workshop one is now available for replay!

Pre-order my book, Good with Money! Out February 27th 2024 

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.

Hosted on Acast. See acast.com/privacy for more information.

Welcome to part two of my Year in Review! In case you missed the first part, it dropped last Thursday, so be sure to give that a listen. Today, we're diving in from July, where I'm sharing the highs and lows of juggling running my own business, writing a book and everything else that life felt like throwing at me! From working to the bone on my book, to dealing with the challenges of maintaining mental health, we're covering it all. 

Despite some very heavy challenges, the second half of the year definitely started to come up (thanks Milhouse Mindset!). While in rock-bottom’s basement, my book was eventually becoming more solidified, and my wardrobe challenge gave me an extra boost of positivity.

Reflecting on the year, I'm proud of overcoming challenges and finding a level of financial stability in my second year of full-time self-employment. So, let's jump right into the second instalment of my journey through the year.

Episode highlights:

• Finding my rhythm with university studies and the rest of my schedule,
• The importance of scheduling breaks and maintaining boundaries when it comes to rest,
• The importance of the supportive business community,
• How the Milhouse Mindset has been helping me in the later half of the year (Check out Episode 115: My game-changing mantra for the last 3 months of 2023).

“By the middle of the year, really started leaning into the really lovely business self-employed community that I kind of cultivated over the last few months."
Emma [07:59]

“Now I can chill a little bit before we hit the ground running in the New Year in terms of like goals and stuff for 2024."
Emma [33:13]

“You sow seeds, and they bloom. I'm hoping that in the new year they can bloom. And I've also, you know, I'm not going in blind, but a bit of a direction for what I want to do in Jan and beyond."
Emma [35:50]

Where to find The Broke Generation

Website: https://thebrokegeneration.com/?v=518f4a738816

Instagram: https://instagram.com/the.brokegeneration

TikTok: @the.brokegeneration 

Pre-order my book, Good with Money! Out February 27th 2024 

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.

Hosted on Acast. See acast.com/privacy for more information.

Step into my time machine: for this week's Friday Fave we're going all the way back to 2023 to hear a fave ep about the link between a lack of self love and financial self sabotage, WOOF! Buckle up, it's a juicy one.

When we exist in a society that conditions us (especially women and marginalised groups) to constantly pursue "better" versions of ourselves, our finances often suffer as a result. I share how my own struggles with self-esteem in my teens and early twenties led to financial leakage, and how therapy and self-awareness have transformed my relationship with both myself and my money.

Highlights:

1. Emotional Spending Cycles: How using shopping as a coping mechanism creates a vicious cycle of temporary highs followed by financial regret
2. Self-Sabotage Patterns: Why we unconsciously derail our own financial progress when operating from a place of low self-worth
3. The "Worthiness" Factor: How feeling undeserving can prevent you from saving, negotiating better pay, or charging what you're worth
4. Identity-Based Purchasing: The danger of buying things to "become" someone else rather than to enhance who you already are
5. The Awareness Solution: Practical first steps to notice the connection between your self-esteem and spending habits

What you'll learn:

• The 7 specific ways low self-love sabotages your financial confidence
• How to identify when you're spending to fill emotional gaps rather than actual needs
• Why struggling financially might feel like your "comfort zone" (and how to break free)
• The psychological difference between healthy vs. toxic identity-based purchasing
• Simple reflection practices to begin healing your relationship with both yourself and your money

If you're stuck in a cycle of taking one step forward and two steps back with your finances, this episode will help you understand the underlying self-worth issues that might be holding you back.

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.

Hosted on Acast. See acast.com/privacy for more information.

Strap in for part one of a two-part year in review extravaganza! I walk you through each month, sharing the behind-the-scenes of my life, money, and business. From navigating the challenges of self-employment, to the complexities of health issues and the exciting inception of the year-long wardrobe pause challenge, this year has been non-stop!

In between everything else, I have also been writing a book (available for preorder now!), and in this episode I’m giving you a peak behind the curtain about how I went about juggling that with the rest of my life. I also get real about how my freelancing and sponsored content has been going, and where this podcast fits in amongst it.

Stay tuned for part two, where I'll be talking about the latter months of 2023, I promise it’s more positive than the start. Remember - Milhouse Mindset!

Episode highlights:

• It’s my first full year of being self-employed! I’m chatting about what I’ve learned from it,
• Challenges in mental and physical health, along with a busy schedule due to study,
• Writing my book! Holy moly this is a big chunk of my year, but obviously it has a good ending!
• Reflection on the podcast's growth, and the challenges and complexities of sustaining a podcast.

“This year in general just turned out very different to how I expected in terms of like I had some mental and physical health things that needed to be dealt with."
Emma [06:41]

“I kind of realised that I wanted to finish study and I wanted to finish the book before I did this, sort of like next, I guess, phase because of, I guess the uncertainties that I was feeling around that."
Emma [07:54]

“I knew that completing the book would not only give me this kind of beacon to stand behind of like what my work represents and also the confidence of standing behind that and the accomplishment and the achievement of finishing that project, as well as my study."
Emma [09:05]

Where to find The Broke Generation

Website: https://thebrokegeneration.com/?v=518f4a738816

Instagram: https://instagram.com/the.brokegeneration

TikTok: @the.brokegeneration 

Pre-order my book, Good with Money! Out February 27th 2024 

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.

Hosted on Acast. See acast.com/privacy for more information.

‘Tis the season for reflection! This episode I’m kicking off with a review of my 23 goals for 2023, both my achievements and setbacks, and exploring the reasons behind why some goals weren’t met - and whether I’ll be giving them another crack next year. I’m sharing insights into my own personal growth over the year, the challenges I faced, and the emotions tied to achieving my goals. I also share personal highlights, such as overcoming the mental hurdle of getting a new car and the importance of taking breaks. Whether they’re fun activity based like rock climbing, or important super contributions, goals should be made for yourself! 

Episode highlights:

• Reflecting on the benefit of adding a level of accountability to goal setting,
• The importance of flexibility in adjusting goals, especially when faced with unexpected challenges,
• Overcoming mental hurdles in financial decision-making.

“Even if you do not share your life and your goals with the internet and listeners and things like that, I really encourage you to just set a list of 24 things that you want to do, even if those things aren't even necessarily hard, just things you want to do."
Emma [02:42]

“I have really found that it's pushed me to saying ‘come on, we've got three months left of the year. Which of these can you do?’ Or even just take a step closer to some of them."
Emma [03:00]

“I'm pretty happy with having this list because I'm like, you know what I'm going to put I'm going to find $1,000, or if it's 500, I'm going to put it in there so that I have done something for future me."
Emma [13:12]

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.

Hosted on Acast. See acast.com/privacy for more information.

In today's episode, I’m sharing a personal technique I've been using to boost my productivity and achieve goals - making promises to myself. When you make a promise to a friend, you work hard to keep that promise, right? So it’s time to treat yourself with the same level of respect and commitment! I’m covering four big reasons why this approach is effective and how it can be applied to various aspects of life, not just your finances. I also have a little challenge for you, to help build momentum fostering self-respect and building a positive self-identity. Tune in to discover how this method can enhance self-trust, improve financial habits, and create a routine for achieving larger goals. 

Episode highlights:

• Micro actions lead to macro results,
• Integrate positive habits into daily routines with small daily promises,
• Build momentum, learn what works and refine your routine for long-term success.

“I've had a lot of hard things to do, like life stuff, business stuff. I've had to pretty much bribe myself to be a functioning adult."
Emma [02:43]

“Making a promise to yourself not only sets the intention at the time but actually brings that concept of saying, I'm going to do this, I am respecting myself."
Emma [06:43]

“Every time you follow through, when you break something down, follow through with it, the power is back in your hands and allows you to go a bit further and a bit further and a bit further every single time."
Emma [14:10]

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.

Hosted on Acast. See acast.com/privacy for more information.

Have you got your card details at the ready for Black Friday tomorrow? Maybe you’re hanging out till the Cyber Monday deals instead? I’m swooping in with this episode just before tomorrow’s frenzy with a bit of insight into the psychological aspects that can influence our spending behaviour during sale periods.

The current economic landscape, marked by reserved spending and consistent interest rate hikes, can make even the most disciplined saver more susceptible to the allure of a good sale. Now is the time for mindful decision-making!

I’m also discussing the challenge of dealing with regret avoidance spending, (Hello FOMO!) especially when faced with significant discounts. This is the time to be strategic, isolate your shopping behaviours, and prioritise mindful spending over impulsive decisions. 

Tune in for some practical tips, including price comparisons, checking alternative platforms for better deals, and leveraging discounts and cashback opportunities.

Episode highlights:

• Experts are predicting significant discounts during Black Friday, with 71% of retail experts expecting high discounting,
• Five #SpendingTraps that could test you this sale season
• The importance of comparing prices, checking alternative platforms like marketplaces and Depop for better deals, and leveraging discounts and cashback opportunities to maximise savings.

“Because of the cost of living crisis, people's discretionary spending is down. We're being a lot more reserved. So they're needing to entice us to spend a little bit more."
Emma [03:40]

“Be really, really careful with big discounts when you see them because it's going to throw everything else out of context."
Emma [10:17]

“Being good with money does not mean being perfect. It's all about how you respond."
Emma [25:31]

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.

Hosted on Acast. See acast.com/privacy for more information.

By now, you've probably heard me talk about the significance of aligning your personal values not just with savings and investments but also with your day-to-day spending. In this episode, I'm highlighting the importance of recognising and understanding your natural spending tendencies and how they shape your financial behaviour. It's about mastering the art of blending your financial choices seamlessly with your unique personality and priorities!

Like most things, there are pitfalls and exceptions to navigate. I share my own experiences, shedding light on the nuances of values-based spending, and the ongoing challenge of distinguishing between conditioned wants and genuine needs. The beauty of this approach lies in its dual nature: indulging in things that truly matter while also saving or investing in alignment with those core values. 

And because learning doesn't have to be all serious, I've got a couple fun exercises for you to try. These will guide you in uncovering and comprehending your financial values. Remember, getting to know yourself is the first step in getting on top of your money!

Episode highlights:

• The importance of understanding and acknowledging your behaviour and motivations,
• How savings and investments can also honour your values, contributing to your overall financial well-being,

• Assessing how well current financial behaviours reflect values and potential for adjustments.

“It's a lot easier to shut out a lot of that noise when you have your financial values nutted out and you really get into the flow of aligning your money to these values."
Emma [10:34]

“I've noticed a lot that my priorities, my values are shifting and not like going against each other, but more just becoming more refined."
Emma [17:55]

“Finding a way to honour your values in some way in your financial routine makes your money, makes your relationship with money instantly stronger, and it makes it easier to engage in the behaviours that are conducive to positive financial outcomes."
Emma [31:07]

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.

Hosted on Acast. See acast.com/privacy for more information.

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.

Hosted on Acast. See acast.com/privacy for more information.

It’s the final guest episode of the year and I am so excited to be joined by Annelise McCarthy, owner and founder of ‘Her Speaking Coach’. This week, we're delving into the often intimidating world of confidence, communication, and self-belief as Annelise explores the five factors that frequently hinder women from speaking confidently: fear of judgement, perfectionism, imposter syndrome, comparison, and people-pleasing.

We discuss how these factors can be interconnected and how they can impact our ability to speak up and trust ourselves. Annelise stresses that building confidence isn't solely about mastering the technical aspects of speaking; it's also about cultivating a resilient mindset, and embracing your individual voice.

External validation is a natural human need, but the journey towards self-belief involves finding a balance between seeking validation and developing internal self-trust. Remember, building confidence is a continuous journey, and it's crucial to prioritise self-compassion, self-awareness, and a dedicated commitment to challenging these limiting beliefs.

Episode highlights:

• How confidence in speaking is not just about having the right tools or techniques but also about working on your mindset, voice, and body language,
• Addressing the challenges people face when trying to express themselves, advocate for their ideas, and overcome self-doubt in various aspects of their lives, not just in formal presentations,
• The importance of confident listening - confident communication involves both speaking and listening effectively!

“The more that you avoid that fear, you validate the fact that it's scary."
Annelise [10:45]

“It's so hard to know where to start with breaking out of those things when they've been such ingrained patterns. I'll think that I've got over a hurdle I've been having, but then something will happen… and it kind of rears its ugly head again."
Emma [26:26]

“We talk about these powerful tools that we can use to overcome that external validation piece and to overcome perfectionism, whatever it might be. I think it's really human to want to be validated."
Annelise[28:50]

Where to find Annelise
Website: https://www.herspeakingcoach.com/
Instagram: https://www.instagram.com/herspeakingcoach/
LinkedIn: https://www.linkedin.com/in/annelise-mccarthy-b31533142/

Where to find The Broke Generation
Website: https://thebrokegeneration.com/?v=518f4a73881
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.

Hosted on Acast. See acast.com/privacy for more information.

It’s the penultimate guest episode of the year! This week I’m joined by Kate Campbell, financial educator, and co-host of the Australian Finance Podcast - and now author! We discussed the value of investing and how it connects with our life goals. Kate emphasised the importance of reframing your identity as an investor and starting small to build confidence.

We also explored how personal values and experiences can shape financial decisions and the significance of questioning advice from others. Kate stressed that taking one step at a time, enhancing financial literacy, and asking better questions when working with financial professionals can lead to better financial well-being.

With Kate’s book now out, we also unpacked the significance of prioritising relationships and allocating time and resources to nurture them. The balance between living in the present and securing a better future, with a focus on relationships and well-being as key aspects of a fulfilling life.

Episode highlights:

• The challenge of dealing with pushback from friends and family who may have different values or life goals.
• Forgiving yourself for past financial decisions and understanding that those decisions were made based on the knowledge and experiences available at the time.
• The concept of taking ‘healthy risks’ in investing and starting small, learning as you go, and seeking support from resources like podcasts, courses, and online communities.

“I honestly think that one of the most powerful things I did for my finances was forgive myself for everything that I did, quote unquote wrong or everything I didn't do because there's a unique type of shame that relates to things that we think we should have done or that we should have known better."
Emma[16:29]

“The answer lies within you, and I think this is why a lot of people, particularly with money stuff and particularly investing, you learn and you learn. And then there comes a point where you can’t learn any more. You’ve just got to make yourself do it."
Emma [26:33]

“There's not really a free lunch in investing. If someone's offering you something for free, really start to question it."
Kate [39:45]

“If we can focus a little bit more on the relationship piece and if we can allocate a bit more time and money to that side of things, then we're going to be happier longer term."
Kate [50:52]

Where to find Kate Campbell

Website: https://buyinghappiness.com.au/
Instagram: https://www.instagram.com/katecampbellaus
LinkedIn: https://www.linkedin.com/in/katecampbellonline
Australian Finance Podcast: https://www.raskmedia.com.au/podcasts/australian-finance-podcast/

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.

Hosted on Acast. See acast.com/privacy for more information.

This week I’m grooving into another solo episode, looking into eight low-effort ways to enhance your finances without much hassle. We all know life's a bit rough these days. Whether it's dealing with the cost of living or just bracing for the unexpected, it's been one heck of a rollercoaster. But guess what? We're in this together, and I've got some tricks up my sleeve to make it a bit easier. So, grab your coffee, give this episode a listen, and get ready to upgrade your financial game. I'd love to hear if you try any of these tips, and remember, it's all about making money work for you, not the other way around.

Episode highlights:

• Work on identifying and updating your financial values to align your money with what matters to you,
• Focus on one high-impact financial improvement at a time,
• Prioritise action and make small changes to improve your financial situation.

“Where a business would have like a marketing budget and an event budget… for the full year or per quarter, you can sort of do that yourself with your own finances by looking at those zoomed out numbers."
Emma [15:15]

“When you feel overwhelmed and you don't know what to do, what you should be doing, what's the most, what's the best thing to do? Just pick one thing and put your energy into that. Because doing one thing is always better than doing nothing."
Emma [19:45]

“What matters to you and how you can align money to improving your life, whatever that looks like for you, that sense of control is immediately flipped."
Emma [21:36]

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.

Hosted on Acast. See acast.com/privacy for more information.

Lately, I've been going through it, just like many of you. 2023 has thrown everything at me, from life stuff to financial struggles. But guess what? I got sick of myself moping around and identifying with the struggle. I’ve found myself a mantra that feels like I’ve hit reset on my year - Enter the Milhouse Mindset! 

Listen in to find out how Milhouse Van Houten is helping me to change my perspective and believe that things can work out.

I'm inviting you to join me in the Milhouse Movement for the last three months of the year. Whether you've had an amazing 2023 or a tough one like me, embrace this mindset. It's all about looking on the bright side, taking opportunities, and believing that things are going your way. And you know what? It's empowering, it's exciting, and it might just change your life. 

So, get your flood pants and join the movement, share your Milhouse moments with me over on Instagram, and let's make the most of the rest of 2023.

Episode highlights:

• How I’m embracing my new positive approach for the last three months of the year, regardless of my experiences in 2023.
• Alongside my new mantra, I’ve been committing to regular self-care, looking after mental health and physical health

“I got sick of myself identifying with this struggle because I had found this, I guess, comfort and identity there."
Emma [08:38]

“I have been finding myself... doing things that I have been too scared to do all year or too stuck to do."
Emma [14:37]

“So I'm in full Milhouse Mindset mode at the moment. October, November, we are showing up for ourselves. I am just being like, You know what? We're going to go for that. We're going to try and make stuff happen."
Emma [15:09]

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.

Hosted on Acast. See acast.com/privacy for more information.

In this episode I explore the profound connection between self-acceptance and financial wellness. Discover why the journey to liking yourself isn't a simple switch to flip, but rather a transformative process that can revolutionise your relationship with both your self-image and your spending habits. I had SO MUCH TO SAY it's ended up being a two parter, so tune in next Thursday for 4 more ways to like yourself more.

What you'll learn:

• Why self-acceptance is a gradual journey of neuroplasticity, not an overnight transformation
• The surprising ways our self-perception drives our financial decisions
• Practical strategies to break the cycle of "improvement" spending
• How to begin separating your self-worth from the standards we've been conditioned to meet

Episode Highlights:

• The Self-Love Switch Myth
  Why we've been conditioned to believe self-acceptance is instantaneous rather than a gradual rewiring of our thinking patterns.
• The Money-Image Connection
  Explore the hidden relationship between how we see ourselves and where our money goes—particularly through "enhancement" purchases that promise to make us more acceptable.
• Breaking the Consumption-Confidence Loop
  Learn why stopping certain consumption patterns might actually be more effective than adding new ones when building self-acceptance.
• The Mirror of Judgment
  Discover how our perception of others directly influences our self-criticism and spending habits, and what we can do to break this pattern.
• Neutrality Before Positivity
  My journey of moving from self-hatred to self-neutrality before reaching self-acceptance, and why this middle step is crucial.
• The True Cost of Self-Criticism
  Uncover the financial impact of constantly trying to "fix" yourself through purchases, and what happens when you begin to step away from this pattern

Quotable Moments:

"When you're relying on that externality, that was just a complete sinkhole of spending because there is no end there. It's just a cycle that's going to keep going around." 

"If you see it as a project of changing the way you see yourself, rather than just going from disliking yourself to liking yourself, it will feel a lot more manageable."

Stay tuned for Part 2 next week!

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.

Hosted on Acast. See acast.com/privacy for more information.

Got a long walk or drive planned? Queue up this ep, because it’s a long one! Joined by Jess Brady, I delve into the world of personal finance, shedding light on the psychological aspects that often overshadow the numbers. Jess, is an expert in financial psychology and founder of Green House, a financial literacy program.

We explore two distinct mindsets: financial stragglers and financial strivers. Financial stragglers tend to avoid accountability and justify their financial behaviour, while financial strivers embrace change, set meaningful goals aligned with their values, and learn from their mistakes.

Jess emphasises the importance of deep self-reflection regarding one's relationship with money and suggests asking hard-hitting questions to uncover beliefs and behaviours. She challenges the normalisation of being "bad with money" in society and advocates for a more open and supportive financial community.

Anyone can shift from being a struggler to a striver by embracing personal accountability, seeking support, and aligning their financial goals with their values for a future filled with financial freedom and flourishing.

Episode highlights:

• The importance of thinking about money in the context of one's entire life rather than just day-to-day finances.
• The cost of accessing traditional financial advice has been on the rise, making it less accessible to many people.
• Understanding one's core values and aligning financial goals with those values, without this alignment, financial strategies are less likely to be effective.
• Mindset, personal accountability, and the willingness to learn and make changes, when it comes to finances.

“I love Conscious cash flows. I don't like the word budget. It feels like dieting, very restrictive, very boring. It doesn't work for me and it certainly doesn't work for many of the people that I've worked with in the past."
Jess [12:15]

“Most people have never learned formally anything about money. You know, it's really been left to the people around us to role model. Some did it exceptionally well, some didn't do it very well. And we can learn from their mistakes, but they role model it in an environment that is exceptionally different to where we're at today."
Jess [17:13]

“People are very passive, and we let that sort of autopilot, as I call it, kind of run the show when we're not really making decisions in any part. We're not really balancing the now and the future."
Emma [20:32]

“I think in any area of our life, if it's important to you and if it's worth whatever's on the other side, to be passive is kind of selling yourself short."
Jess [21:45]

Where to find Jess Brady
Website: https://jessicabrady.com.au/
Instagram: https://www.instagram.com/jessbrady_financialadvice/
LinkedIn: https://www.linkedin.com/in/jessica-brady-21165812/
Join the waitlist for The Greenhouse Money Program, running in January 2024!

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.

Hosted on Acast. See acast.com/privacy for more information.

Last week’s episode was all about breaking free from the spending hamster wheel and highlighted the importance of recognising the underlying emotional needs that drive our spending behaviours. Today, I'm delving deeper into this topic by exploring some common money beliefs that might be holding you back. These beliefs often linger in the background, quietly influencing our financial decisions, without us ever really noticing. Let's dive right in!

First up, the belief that "money will always be there." It's like a safety net, right? But sometimes, it can lead us down a path of reckless spending. We'll explore how to regain control over this belief and your finances.

Next, we've got the classic belief that "money is always hard." Who hasn't felt that way at some point? But I'll show you how to change your response to unexpected expenses and build a more positive outlook.

And finally, we've got the belief that "I deserve to spend my money." We all do, but when it turns into impulsive spending, it can be a problem. I'll help you find alternative ways to treat yourself without emptying your wallet.

Episode highlights:

• Learn how to understand the link between your beliefs and behaviours when it comes to money and spending.
• Overcome financial challenges and reduce shame associated with your money choices.
• How to work on your money beliefs is an ongoing process, not a one-time fix. It's a tool to help navigate money throughout your lifetime.

“I want to help you start to understand the link between beliefs and behaviours. Because when we start to understand what is driving our behaviour, that's when we can really start to neutralise those beliefs eventually and make them more positive and then experience the outcome, the behavioural outcome as a result."
Emma [04:59]

“Most [financial] experiences have a practical element of what is literally happening and then an emotional meaning that's put on to that or an emotional way."
Emma [09:07]

"Sometimes what you deserve is to keep that money for another time when money can really be used as a resource to help you live your life, to help you experience life in a better way rather than in that immediate moment."
Emma [30:10]

"It's a really powerful pocket of personal finance because so often we focus solely on the behaviour and that can kind of keep us focused on trying to change something that is kind of like broken from within."
Emma [30:46]

Where to find The Broke Generation

Website: https://thebrokegeneration.com/?v=518f4a738816
Instagram: https://instagram.com/the.brokegeneration
TikTok: @the.brokegeneration 

Interested in joining the next Midseason Wardrobe Pause? Sign up here: thebrokegeneration.com/the-midseason-wardrobe-pause 
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.

Hosted on Acast. See acast.com/privacy for more information.

Have you found yourself in a spending hamster wheel? Stuck in a cycle that seems impossible to break, with an urge to spend money, even when it doesn't align with your goals? This solo episode I’m breaking down the cycle, showing you how to identify what motivates your spending, and understand the emotional needs behind the spending. I’m sharing my own experiences of being stuck in this cycle and feeling like my financial outcomes were out of my control. I've learned to step off that hamster wheel and take control of my financial behaviour. This process involves identifying the motivator behind my spending, understanding the needs I’m trying to meet, and redirecting my behaviour in healthier ways. Rather than just focusing on cutting spending, it's essential to treat the underlying causes of your financial behaviour. By breaking the cycle and reprogramming your responses, you can achieve better financial outcomes and build self-trust. It's not about avoiding spending altogether but making conscious and empowered financial decisions. 

Episode highlights:

• Understanding the spending hamster wheel, and the steps you can take to break it
• Uncover the underlying emotional needs driving your spending behaviour.
• How to redirect your energy and behaviour toward more productive alternatives.
• Building self-trust by consciously practising new spending behaviours and making mindful choices.

I want you to think about the need that you try and meet when you spend money. Is it an emotion that you are trying to soothe? Is it a feeling you're trying to obtain? Is it about control?
Emma [16:52]

If you could buy who you wish you were, if you could buy your way out of low self esteem, then we wouldn't be here working through this.
Emma [26:57]

You can have peace from your spending decisions. You can feel truly in control, not just a perceived sense of control.
Emma [32:23]

Learning how to spend money is not something that we're taught, and it's not something that's covered often in personal finances until you meet me.
Emma [35:17]

Where to find The Broke Generation

Website: https://thebrokegeneration.com/?v=518f4a738816

Instagram: https://instagram.com/the.brokegeneration

TikTok: @the.brokegeneration 

Interested in joining the next Midseason Wardrobe Pause? Sign up here: thebrokegeneration.com/the-midseason-wardrobe-pause 

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.

Hosted on Acast. See acast.com/privacy for more information.