Episode 220: The Psychology of Overspending with Scott Yamamura
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Show Notes
One of the first steps on the path to financial freedom is getting your spending under control and creating a budget that has you living within your means. But determining **why** you overspend is an important part of the process if you want to stick to that budget.
That's why in this episode of the podcast I talk with certified financial coach Scott Yamamura on the psychology behind overspending and how you can use it to identify your motivations and keep your spending under control.
In this episode you will learn:
- The Psychological Components of Overspending - The Emotional Triggers and Mental Barriers that Lead to Impulsive Financial Decisions - How Tax Season Has an Effect on Buying Decisions - How to Overcome the Psychological Barriers