This episode of the Prosperity Podcast discusses the importance of aligning money and life goals. The hosts stress the common misconception that personal finance is separate from life's 'woo woo stuff', arguing instead that they are interconnected. They mention the Currence app, which is an invitation-only savings structure that encourages sustainable spending patterns and purposeful saving. However, the app is not for budgeting, which the hosts believe is an ineffective method of managing finances. They stress the importance of 'purposeful...
This episode of the Prosperity Podcast discusses the importance of aligning money and life goals. The hosts stress the common misconception that personal finance is separate from life's 'woo woo stuff', arguing instead that they are interconnected. They mention the Currence app, which is an invitation-only savings structure that encourages sustainable spending patterns and purposeful saving. However, the app is not for budgeting, which the hosts believe is an ineffective method of managing finances. They stress the importance of 'purposeful spending' and highlight a case example of a family who prioritized saving to the detriment of their lifestyle and personal joy.
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Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today!
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Links and Resources from this Episode
- For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/
- https://gravystack.com/prosperity
- https://prosperitythinkers.com/action/
Show Notes
- What the Currence app is and how it aids in purpose-driven spending
- Story about a family that was overzealous with their savings habits, compromising their joy and comfort
- The importance of individual and family decisions about what brings them joy to spend money on
- Different examples of purposeful spending are provided, from lavish holidays to upgrading home furniture
- The importance of preemptive financial decisions
- Utilization of deliberate saving to allow for unrestrained spending on meaningful things
- The feasibility of creating extra income streams today with less time commitment
- How to improve and expand existing businesses
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