Episode notes
Episode Summary: In this episode of "Financial Advisors, say the darndest things," host A.B. Ridgway delves into the root causes of spending habits among Americans, particularly focusing on the role of time management. With statistics and anecdotes, Ridgway emphasizes the importance of intentional spending and financial planning to achieve long-term financial goals.
Key Takeaways:
- Spending with a Plan: Ridgway highlights the necessity of creating a monthly budget and tracking expenses to avoid financial pitfalls. By planning ahead and identifying areas of unnecessary spending, individuals can gain better control over their finances and allocate resources more effectively.
- Avoiding Impulse Purchases: Through the "Five Second Rule" by Mel Robbins, Ridgway s ...
Keywords
debtdebt management