Save Budgeting

HerMoney Podcast: How To Do The Ultimate Shopping Ban And Save Thousands (Episode 103)

Jean Chatzky  |  March 28, 2018

No matter where you are in your financial life, you'll be able to relate to Cait Flanders' story: After paying off $30,000 of consumer debt in two years — and upping her savings game — she found herself shopping, and shopping, and shopping some more, because she never addressed why she got into debt in the first place.

No matter where you are in your financial life, you’ll be able to relate to Cait Flanders’ story: After paying off $30,000 of consumer debt in two years — and upping her savings game — she found herself shopping, and shopping, and shopping some more, because she never addressed why she got into debt in the first place. Her solution? A two-year shopping ban during which she discovered her spending was more emotional than anything else. In her book, “The Year of Less: How I Stopped Shopping, Gave Away My Belongings, and Discovered Life Is Worth More Than Anything You Can Buy in a Store,” she chronicles her journey and teaches us to hack our shopping habits for the better. Also, Kelly and I answer your questions on short-term and long-term investment decisions — and how to lower your credit card’s interest rate. Stick around for Thrive, because it’s spring-cleaning season. We’ll talk about what you need to keep and what you need to shred as you declutter this tax season.

This podcast is proudly supported by Edelman Financial Engines. Let our modern wealth management advice raise your financial potential. Get the full story at EdelmanFinancialEngines.com. Sponsored by Edelman Financial Engines – Modern wealth planning. All advisory services offered through Financial Engines Advisors L.L.C. (FEA), a federally registered investment advisor. Results are not guaranteed. AM1969416

Editor’s note: We maintain a strict editorial policy and a judgment-free zone for our community, and we also strive to remain transparent in everything we do. Posts may contain references and links to products from our partners. Learn more about how we make money.

The HerMoney podcast is supported by      Edelman
All advisory services offered through Financial Engines Advisors L.L.C. (FEA), a federally registered investment advisor. Results are not guaranteed. AM1969416


Next Article: