172. How Social Media & Convenience Are Driving Your Overspending (The Social Spender & Convenience Spender)

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Germaine Foley 0:00
You are listening to the Becoming the Wealthy You podcast with Jermaine Foley.
Germaine Foley 0:15
If you're a woman who makes good money in your career or business, but you're not building wealth like you want to, then you're in the right place. In this podcast, you'll learn how to stop overspending, break free from the cycle of debt, save lots of cash, and become the wealthy woman you were born to be. Let's dive in. Well, hello there. Welcome back to the podcast. Now, before we dive in today, I want to invite you to a free live class that I'm hosting on Sunday, April 19th at 4 p.m. Eastern time. It's called the Stop Overspending Masterclass, and it is especially for you if you're making money, but it just disappears and you know that overspending is preventing you from creating financial security and building the wealth that you work so hard for.
Germaine Foley 1:11
Now, this is not a budgeting class. This is not a class that is going to list out all the restrictions and all the things you shouldn't be spending your money on. That's not what this class is about at all. If you've been listening to me for a while, you know that I believe in the philosophy of doing both, which means building wealth and enjoying life at the same time. And if you want a latte, if you want nice shoes, if you want to vacation well... I believe that you can do all of those things, buy all of those things and still build wealth and still not overspend. And that is what we're going to be talking about in this masterclass. So this is not a budgeting class. I will not be spewing out a list of things you should stop spending on.
Germaine Foley 1:57
I am going to be really getting down to the root cause of where your overspending is coming from, why it keeps happening even though you don't want it to, why the things you've tried in the past haven't worked. There's a reason why the things you've tried in the past have failed. And we're also going to talk about what needs to change so that you can stop the cycle for good. Okay. So if you want to attend, this will be on Zoom. It will be webinar style, which means you will not be on camera. You will be able to see me, but I will not be able to see you. And you can just join the set aside some quiet time. You can ask me questions. I love doing these classes because you guys, it gives me an opportunity to actually interact with you.
Germaine Foley 2:44
You know, every week I'm talking out into the atmosphere and I know you're there listening, but this is our opportunity to get together and have that two-way communication. And so I would love for you to join me. You can grab your spot at JermaineFoley.com slash class. That's Jermaine with a G Foley.com slash class. You can also go to the show notes and sign up using that link. And listen, if you have a girlfriend, a coworker, a sister, someone in your life that can benefit from this, bring them with you because I believe that this type of information is the kind that we need to be sharing with each other. We need to have each other's backs because money, it carries a lot of weight. A lot of us are doing well on the outside, but
Germaine Foley 3:35
But on the inside, we're struggling, we're suffering.

How can I stop overspending without strict budgeting?

Germaine Foley 3:38
And overspending, I believe, is one of the main reasons why that's happening. And I believe if you can get your overspending under control, it will open up so much more life for you. You will enjoy your life so much better. You'll be able to spend on the things that actually matter to you. So yes, please, please, please invite your girlfriends. And if this is something you know you need in your life, go ahead and sign up for yourself as well. Again, it's JermaineFoley.com slash class. All right, let's go ahead and dive into today's episode. So up until this point, in episodes 168 through 171, we talked about lots of different patterns. And many of those patterns were triggered by things internally, like boredom, stress,
Germaine Foley 4:29
Also positive emotional triggers like celebration and reward. And then we also looked at relational patterns like overgiving and people pleasing. Now, today we're going to shift into the social spender and the convenience spender, which are more subtle.

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