Can a saver learn to spend money if it is not their natural tendency?How saving can be taken too farWhy it is important to spend and not just saveWays to help a saver loosen up their spendingQuote of the weekOn the last lesson of the podcast
we shared how it was possible for a spender to learn to save. Well on
this week’s lesson we flip the script and share how a saver can loosen
up their spending. Saving money in of itself is not a bad thing; however
it is possible to take saving money too far. Spending money is a
healthy exercise, if done properly, but it is not natural for a saver.
Today we discuss three ways to help savers loosen up their spending. In
addition we discuss the different between being cheap and being frugal
and why it is important to spend money.For more resources on related to today's lesson check out the following:When saving money can go too farHow to decide when to save and when to spendHow to loosen up your spendingThis lesson’s quote comes to us from the legendary Bob Hope“A bank is a place that will lend you money if you can prove that you don’t need it.”Enjoyed this lesson? If so, please consider taking five minutes to leave a review of the show either in Stitcher SmartRadio, or iTunes. For a step by step video of how that works, please watch this video on how to leave a review in iTunes.You can subscribe to future podcasts through Feedburner, Stitcher SmartRadio, iTunes, or by downloading the iPhone app. Or you may listen to the podcast on the JW's Financial Coaching Facebook Fan page.If
you have any comments, questions, or ideas for future shows you can
send them to me and I will integrate them into a future show. There are
two ways to get in touch with me: 1.) Email me at JWFinancialcoaching@gmail.com -
Please put “podcast” in the subject line and keep your questions brief
so they are readable on air. 2.) Simply fill out the form on the contact page. Please fill out your name, email, and your question/comment/suggestion and we will read it on air.You can find prior editions of the podcast at the podcast archive page.