Episode 197: Understanding and Overcoming the Emotional Triggers of Overspending with Paige Pritchard

Women's Money Wisdom

In this episode, hosted by Melissa Fradenburg, we explore Paige Pritchard's remarkable transformation from an impulsive shopper to a financially savvy individual. By age 29, Paige had achieved notable financial milestones: she paid off $40,000 in student loan debt, cash-flowed her MBA, became a homeowner, and built a substantial six-figure investment portfolio. As a certified life coach, she has empowered thousands of women to improve their spending habits through various platforms, including her social channels, The Money Love Podcast, and her group coaching membership, Overcoming Overspending.

Paige divulges her three-phase approach to money management, underscoring the pivotal role of mindset and emotions in financial decision-making. She provides an in-depth look at the emotional triggers that often lead to overspending, alongside proposing healthier coping strategies. A significant focus is placed on the impact of social media on spending habits. Paige offers valuable insights on how social media can instigate detrimental spending mindsets and provides strategies to counteract these influences.

The episode also delves into the concept of "spending self-concept," where Paige discusses how our mental and emotional states can drastically affect our spending choices. This discussion goes beyond mere financial advice; it's a journey of self-discovery, enriched with personal stories and practical tips designed to transform your relationship with money. Join us in this empowering episode as we learn to overcome the lure of overspending and embark on a path to financial health and freedom.

Resources:

• Connect with Paige on Instagram: @overcoming_overspending or TikTok:@overcoming_overspending
• Follow Paige on her YouTube Channel
• Listen to The Money Love Podcast
• Join her Free Masterclass: Why You Impulse Shop & How To Stop
• Work with Paige: Overcoming Overspending Memb

The previous presentation by PEARL PLANNING was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https://stephenPearl Planning.com/

Kapitler

1. Episode 197: Understanding and Overcoming the Emotional Triggers of Overspending with Paige Pritchard (00:00:00)

2. Spending Coach Helps Women Stop Overspending (00:00:04)

3. Overcoming Overspending (00:08:19)

4. Overcoming Spending Habits and Mindset (00:21:14)

5. Empowering Women's Financial Agency (00:29:43)

6. Emotions and Shopping Habits (00:36:54)

7. Understanding the Emotional Aspect of Shopping (00:40:23)

8. Personal Finance (00:50:53)

9. Overcome Overspending, Utilize Valuable Resources (01:04:52)