We all have spending triggers. Even as financial coaches, we have triggers. These triggers are deeply rooted in our emotions and most of the time happen without us even realizing it. The first step in overcoming your spending triggers is identifying them. The benefit of knowing your triggers is you [...]
A big step towards getting a handle on your budget is knowing your expenses. You might think expenses are expenses. If the money’s going out, it’s an expense. But here at Fiscal Fitness, we like to think of your expenses in four distinct ways: fixed, recurring, non-recurring, and whammies (the [...]
This episode is part six of our six-part series on cognitive biases and how they affect our spending habits and financial decisions. (Make sure you check out part 1, part 2, part 3, part 4 and part 5 if you haven't yet.) In this episode, we discuss what the Ostrich Effect is [...]
This episode is part five of our six-part series on cognitive biases and how they affect our spending habits and financial decisions. (Make sure you check out part 1, part 2, part 3, and part 4 if you haven't yet.) In this episode, Coach Kelsa discusses how the Negativity Bias is [...]
This episode is part four of our six-part series on cognitive biases and how they affect our spending habits and financial decisions. (Make sure you check out part 1, part 2, and part 3 if you haven't yet.) In this episode, we discuss how the Bandwagon Effect is impacting the purchases we’re [...]
This episode is part three of our six-part series on cognitive biases and how they affect our spending habits and financial decisions. (Make sure you check out part 1 and part 2 if you haven't yet.) In this episode, we discuss how the attention bias is impacting the purchases we’re making, but also [...]
This episode is part two of our six-part series on cognitive biases and how they affect our spending habits and financial decisions. (Make sure you check out part 1 if you haven't yet.) In this episode, we discuss how the Availability Heuristic bias is impacting the way we think of ourselves as [...]
In part one of this six-part series, Kelsa discusses cognitive biases and how they impact us and our money. It’s important to know what cognitive biases are because they are impacting the way you make decisions and the way you think about your finances every single day. In this episode about [...]
In this week's podcast, we talk about the best way to determine how much you should be saving as well as the best places to keep your savings. (Hint: It's not under your mattress.) And around 41 minutes into the podcast, we answer a listener question about the places and [...]
I often hear clients tell me that they have to spend money. It's hard to live life, make memories, do things and be entertained without having to fork over cash. And while it's easy to come up with things to fork over your debti card for, there is plenty to [...]