Breaking Money Silence

Are people rational consumers? | Episode 50

Informações:

Synopsis

Crystal Arnold, Founder, Money-Morphosis and Money-Wise Women Podcast  Shame, guilt, and fear are the three strongest influences that stop people from talking about money. Listen to Kathleen’s interview with Crystal Arnold about the emotional side of money and learn some ways to get past the emotion and the influence of mainstream media to start money conversations with loved ones and become a more engaged, holistic consumer. Key Take Aways: Increase your financial awareness. Ways to be a rational consumer include doing a budget, checking prices, and doing comparison shopping. Become self-aware. Looking beneath the rational mind and examining your learned money messages and what motivates you to spend or save can help you make more empowered financial decisions. Assess your values. Crystal identifies four areas of wealth – financial, inner wealth (gifts and skills), relational or relationship, and environmental (home and work). Assess your values and then take some of your financial resources and inv