How can we stop overspending money? Today I’m sharing the top 3 places my money coaching clients were overspending when it came to their monthly spending plan aka their budget. The monthly spending plan just sounds a lot sexier than a budget and we’re all about sexy over here.
How can we stop overspending money?
“Some overspending is a form of addictive behavior due to psychological dependence. The sufferers spend in order to relieve other problems in their lives such as anxiety or stress.” according to Wikipedia.
Having money goals and knowing why these goals are important to you can help you from overspending. Your why has to be stronger than your wants. Reaching your money goals must become more important to you than material items this is a mindset shift you must build in order for you to stick to your monthly spending plan. Mindset is huge and it’s why I start with mindset in my Hero In Your Finances 12-month Finance workbook and growth planner.
Looking for a money coach?
I have some spots open for next month if you’re interested in working with a money coach to help you reach your goals this year. To learn more about my 90-minute money coaching session click here.