Do you want to know my top 3 emotional money tools for making wise financial decisions? If you’ve been listening to the Money is Emotional podcast for any amount of time, you know I’ve got an entire toolbox of emotional money strategies.
In fact, I’ve literally written the book on it!
But if I had to narrow it down to the three most impactful tools (the ones that help my clients shift their financial behavior and feel more peaceful and empowered), these are my top picks.
My Top 3 Emotional Money Tools
Here’s a sneak peek from this episode…
Emotional Money Tool #1: Emotionally Charged Savings
Most of us want to save, but when it comes to actually putting money aside for the future… well, the couch from West Elm looks really tempting.
That’s why we need to emotionally charge our savings goals using BOTH positive and negative emotions.
Dreaming about your beachside retirement is powerful. But also ask yourself: what if you don’t save? What if the backup plan is a government-funded nursing home in the Midwest?
- Gold Nugget: Vividly imagine both the joy and the consequences tied to your savings. You’ll be shocked how motivating this is.
Emotional Money Tool #2: Dial Down Your Emotional Intensity
Newsflash: You can’t take emotion out of money. That’s not how our brains work. But you can dial down the emotional volume before making financial decisions.
Whether you’re feeling sad, lonely, or hyped from a flash sale, give your emotions an outlet before reaching for your credit card.
Cry it out. Hit the kickboxing gym. Talk to a friend.
Emotion = energy in motion. Let it move through you.
- Gold Nugget: Consult both your emotions and your logic before swiping that card.
Emotional Money Tool #3: Be Your Own Very Best Friend
When emotions run high, take a moment to step outside yourself. Write out your financial dilemma as if it were happening to your bestie. What advice would you give them?
Spoiler alert: You’re smart. Trust your own wisdom.
- Gold Nugget: Talk to yourself like your best friend would… and then take your own advice.
Here’s the bottom line: Your emotions aren’t the enemy, my friend. They’re powerful allies when used wisely.
Whether you’re saving for your dream life or trying not to emotionally impulse-buy an espresso machine during Amazon Prime Days, these tools will bring you closer to lasting Financial Dignity®: