The Psychology Of Spending: Why We Buy What We Don’t Need
In this episode of the Mind Money Soul podcast, I’m going to be sharing the psychology of spending. I’ve had an absolute ball this summer #noregrets but I can say with confidence that I’ve bought and spent money on things that I definitely don’t need. Let’s be honest - most of us have been here. Our spending habits are closely tied to our mindset, so today we’ll be exploring this connection to help you make positive changes towards financial freedom. Moving from impulsive to intentional spending starts with building a strong connection to your goals and values. When you’re truly aligned with what you want for your future and the deeper reasons behind why you value money, it becomes easier to pause and ask, “does this purchase bring me closer to my goals, or does it pull me further away?” This kind of self-questioning helps you spend more intentionally, prioritizing what truly matters to you. Seeing yourself as financially empowered is another powerful mindset shift. When you focus your self-worth and fulfilment on experiences, relationships, and personal growth—not just material goods—you create a sense of value that can’t be taken away. Your self-worth is built on how you view yourself, the way you show up in your relationships, and the impact you have on others, not on the things you own or the way others perceive you. The more in tune you are with yourself, the more you’ll enjoy life without relying on external gratification. Learning to sit with your emotions, knowing you’ll be okay regardless of what you’re feeling, is incredibly powerful. Material things might bring a quick fix but that feeling fades fast. Lasting fulfilment comes from within. In this episode: What is impulsive spending? How does your belief system impact your spending? How does the reward cycle in our brain work? The influence of society, marketing and social media on our spending habits 6 ways to shift to more conscious spending 🎙️ Your host: Laura Ann Moore 🔗 Follow on Instagram 🔗 Follow on TikTok 🔗 Connect on LinkedIn 🔗 Explore Laura’s website 🔗 Send email 🔗 Subscribe to the newsletter 🔗 Access mentioned resources Thank you for listening to this week’s episode of Mind Money Soul. If you loved this episode, pay it forward by sharing it with a friend or tagging @laura_ann_moore on Instagram. 🔗 Leave a review on Apple 🔗 Rate on Spotify Don’t forget to subscribe! 🧡