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7 Sneaky Christmas Traps That Make You Blow Your Budget (and How to Beat Them) · She's On The Money

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Speaker 1: My name is Tatasha Bamblet. I'm a proud First Nations
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Speaker 1: woman and I'm here to acknowledge country t Glenn Young, Ganya, Niana,
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Speaker 1: Kaka yah Ya bin Ahaka, nian Ar gay In Mbini,
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Speaker 1: yakarum jar, Dominyama, Domaghawakaman, damon Imlan Bumba, bang Gadabomba in
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Speaker 1: and now in wakah ghana on yak rum jar Watnadaa. Hello,
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Speaker 1: beautiful friends, we gather on the lands of the Aboriginal people.
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Speaker 1: We thank acknowledge and respect the Abiginal people's land that
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Speaker 1: we're gathering on today. Take pleasure in all the land
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Speaker 1: and respect all that you see. She's on the Money
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Speaker 1: podcast acknowledges culture, country, community and connections, bringing you the tools,
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Speaker 1: knowledge and resources for you to thrive.
0:44
Speaker 2: She's on the Money.
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Speaker 3: She's on the Money.
1:07
Speaker 2: Hello and welcome to She's on the Money, the podcast
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Speaker 2: that's here to keep your budget merry and bright. Even
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Speaker 2: when Christmas has other ideas, it.
1:15
Speaker 3: Always creeps up on us.
1:16
Speaker 2: Yeah, you know, I feel like, I mean, everyone always
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Speaker 2: says is, but it literally was felt like it feels like.
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Speaker 3: It wasn't that long ago.
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Speaker 4: Also, it's crazy same day every year, same day every year,
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Speaker 4: calendars or something.
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Speaker 2: Oh my, I'm so excited. Christmas is such an exciting time.
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Speaker 2: So you know the moment when you check your bank
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Speaker 2: account after Christmas and then think.
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Speaker 3: Like, okay, where did my money go? Well, I was
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Speaker 3: a bit too festting. Yeah, okay, I should have rained
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Speaker 3: in a little bit.
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Speaker 2: I'm excited with me as a woman who's going to
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Speaker 2: help us figure out why this happens and more importantly,
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Speaker 2: how to stop doing it. Victoria Divine, Hello, So this
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Speaker 2: is going to be like a little bit of a
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Speaker 2: do as I say, not as I do episode because
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Speaker 2: I love getting a little bit festival. I love getting
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Speaker 2: a little bit merry, and I think that it's important
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Speaker 2: to top the episode with that because I don't want
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Speaker 2: you thinking that I do frugal Christmas every year. Because
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Speaker 2: I try, I manifests, and then I just flow out.
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Speaker 2: I genuinely can't believe that we are recording Christmas episodes.
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Speaker 2: I am so excited to talk about it though, because
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Speaker 2: I feel like it's really well timed for us to
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Speaker 2: get a little bit more prepared in the lead up
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Speaker 2: to Christmas. So if you're like, what the hellvy, it's
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Speaker 2: not even December yet, I know, but the shops have
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Speaker 2: had Christmas stuff since August, so I feel like that
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Speaker 2: was the gateway to letting me exactly have a Christmas episode.
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Speaker 3: Sorry, take it up with corporate, with somebody else.
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Speaker 4: So this episode isn't about being a grinch or like
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Speaker 4: sucking all the fun out of Christmas, because like, I
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Speaker 4: love Christmas. I love traditions. Now that I'm a mum,
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Speaker 4: I think I love it even more. Like bet, I'm
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Speaker 4: going to have a nearly two year old for Christmas
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Speaker 4: this year.
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Speaker 3: That's fun.
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Speaker 4: Last year it was fun, like I dressed him in
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Speaker 4: his little festive outfit, like ripped his paper off, but
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Speaker 4: didn't get it. I think he now is going to
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Speaker 4: like get the concept of gifting.
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Speaker 3: I'm just so excited.
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Speaker 4: But this episode is going to be about, I guess,
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Speaker 4: spotting this sneaky little traps that nudge us into spending
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Speaker 4: a little bit more than we'd actually anticipated or even
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Speaker 4: wanted to, And then once you know them, you can
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Speaker 4: kind of pause and ask, do I want to spend
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Speaker 4: my money here or is it just like this Christmas
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Speaker 4: spending psychology at work? So this episode is all about
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Speaker 4: spending with intentions. So that you still get all the
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Speaker 4: joy at Christmas without the financial hangover come January.
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Speaker 3: Yeah, okay, You've always got our back, don't you.
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Speaker 4: I just wanted to talk about Christmas. Thank you for
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Speaker 4: thinking that that was me having your back. But this
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Speaker 4: is also our FYI to Victoria episodes. I just I
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Speaker 4: don't want to miss out.
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Speaker 2: You know you should listen to this when it comes
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Speaker 2: out and be like, Okay, that's actually great advice.
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Speaker 3: Do you know I can't listen to our episodes? Oh
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Speaker 3: my god? Say I hate hearing hearing myself and like
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Speaker 3: I still do for quality checks. Yeah, I give myself
4:02
Speaker 3: the biggest it. Oh my god, say I can't do
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Speaker 3: it same. I'm like, why did I say that? Even
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Speaker 3: though it's something I can't, I can't.
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Speaker 4: If I listened back to every single episode, I would
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Speaker 4: be calling our producer Emma and be like rip it down, yeah.
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Speaker 3: Actually, let that go live. Actually I would rather bury
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Speaker 3: myself down. Really, let's call it all off. Why did
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Speaker 3: you give me a microphone? Let's stop doing this right now. Okay,
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Speaker 3: so where should we start?
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Speaker 4: All right, let's start with Victoria's feeling if missing out?
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Speaker 4: So feed fomo, so scrolling yourself broke before you even shop.
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Speaker 4: I've already started saving TikTok's. Oh no, yep, I've already
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Speaker 4: started saving things on Instagram, Like you jump on TikTok
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Speaker 4: for inspiration or I do. One of my girlfriends recently
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Speaker 4: was like, oh, I don't have TikTok. I just know
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Speaker 4: I wouldn't be good at it. I'm like, you're a
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Speaker 4: better person than I will ever be.
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Speaker 3: Those people are like, I just don't download it. Yeah,
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Speaker 3: that's in pressive.
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Speaker 4: But I jump on TikTok, and I know a lot
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Speaker 4: of you guys also jump on TikTok through the inspiration,
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Speaker 4: and suddenly your thirty dollar budget feels underwhelming next to
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Speaker 4: somebody's seven hundred dollars Christmas hall and you just feel like,
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Speaker 4: oh my god, maybe I shouldn't be getting back a
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Speaker 4: thirty dollar gift. Maybe I need to bump that up
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Speaker 4: to one hundred dollars because I can't get her enough,
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Speaker 4: Like we start to think that we aren't enough. And
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Speaker 4: going back on this, it does go back to psychology.
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Speaker 4: So you know how I said, do as I say,
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Speaker 4: not as I do. For those of you who might
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Speaker 4: be new to the podcast, before I got into financial advice.
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Speaker 4: I was in psychology. I actually have two psych degrees,
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Speaker 4: and I use that a lot to help swindle your
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Speaker 4: bank accounts into a better situation. But this is a
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Speaker 4: thing called social comparison theory. So seeing curated gift guides,
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Speaker 4: which there are a lot of this season, I've already
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Speaker 4: started to see like under fifty dollars gift guide, under
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Speaker 4: hundred dollar gift guides fantastic. But these spark what's called
6:02
Speaker 4: benign envy. Okay, and benign envy is something that you've
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Speaker 4: probably never spoken about before, but it happens all the time,
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Speaker 4: and it's wanting what other people have. Studies show that
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Speaker 4: this kind of envy boosts purchase intentions, especially when that
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Speaker 4: person feels relatable to you. So if you're watching your
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Speaker 4: favorite content creators, we're not just like mindlessly scrolling TikTok
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Speaker 4: and Rando comes up. But if your favorite content creators
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Speaker 4: are posting things, you're more likely to be.
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Speaker 3: Like, oh, I want that totally, I love that. I
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Speaker 3: love that she has that. I want that.
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Speaker 4: And just a little interesting fact in influencer research, relatability
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Speaker 4: and credibility both strongly predict by your behavior, which is
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Speaker 4: why I quote normal girl halls influence you so hard,
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Speaker 4: got you so like, don't get me wrong, We're not
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Speaker 4: looking at their influencer hall and going, oh my god,
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Speaker 4: I need to one thousand dollars on the brand new
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Speaker 4: dice and air wrap. Like maybe we do, because that's
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Speaker 4: how I feel right now. But it's often the smaller
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Speaker 4: things that you're like, all of these things add up
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Speaker 4: and that feels like a relatable purchase. But because they
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Speaker 4: feel like normal girls that you're following, they influence you
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Speaker 4: so hard, and you know what, that's why so many
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Speaker 4: businesses spend so much of their marketing budget on influencers.
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Speaker 2: Yeah, and it's kind of that feeling of like, oh,
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Speaker 2: this person doesn't seem super rich, but they have this
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Speaker 2: super expensive thing.
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Speaker 3: I why is it not in my budget? Serve that? Yeah,
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Speaker 3: I'm going to try and make that in my budget.
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Speaker 3: It seems like a normal thing to own. I just
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Speaker 3: I get it. We work hard back.
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Speaker 4: Yeah, I think every single person in our community deserves
7:40
Speaker 4: the absolute world. But if you do not have the
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Speaker 4: budget for it, you just don't, like I cannot, don't
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Speaker 4: give me the ah, but I deserve it. Oh but
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Speaker 4: I worked really hard this year. I don't care if
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Speaker 4: you don't have the budget. It's a no, like it's
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Speaker 4: hard and it hurts and it's not that fun.
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Speaker 3: But I'm sorry.
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Speaker 4: Just because you feel like you deserve something doesn't mean
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Speaker 4: that we compromise our budget and future ask for.
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Speaker 3: That budget does not discriminate.
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Speaker 4: No, and so what I want you to be doing instead?
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Speaker 4: My favorite button on TikTok and on Instagram. I don't
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Speaker 4: know if I should tell you guys this because like
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Speaker 4: some people might get offended, especially like other content creators,
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Speaker 4: my favorite button is mute. I like muting people, so
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Speaker 4: I'm not on following you. I really like you, still
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Speaker 4: want the connection with you, but I don't want to
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Speaker 4: see stuff just in case. Yeah, it's just not my journey,
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Speaker 4: So mute the whole accounts or the people that are
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Speaker 4: big influencers during this period of time. It's just for now,
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Speaker 4: just for now, and you can maybe find some like
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Speaker 4: budget friendly creators. Do you know who's a really good
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Speaker 4: budget friendly creator? Miss Jess Ricci or true she is
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Speaker 4: she actually does some really good stuff and write your
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Speaker 4: gift list before you open your apps, or even better,
8:53
Speaker 4: do you know what I think that your social detox
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Speaker 4: like your social media detox.
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Speaker 3: Should happen in December. You're up for December.
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Speaker 2: Weirdly, you'd probably save a lot of money, you know,
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Speaker 2: you would in an indirect way.
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Speaker 3: But I get fomo and you get fomo. We just
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Speaker 3: need to find a deal or a way that we can.
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Speaker 2: Deal with it.
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Speaker 3: Okay, Okay, So what's number two? Okay? So I've written
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Speaker 3: down the vibe tax. Okay.
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Speaker 4: I don't know if these are lame headings. They probably are,
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Speaker 4: but hopefully you're here because you resonate with my lanman
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Speaker 4: ness spending more because the store feels magical.
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Speaker 3: Oh my god, this is so relatable. How many times
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Speaker 3: do you go in and it's just a little something
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Speaker 3: something or a little drink. They get little they have
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Speaker 3: little trinkets.
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Speaker 4: Oh my god, I do this, and like I feel
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Speaker 4: like you walk in for like an ornament or something,
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Speaker 4: because like we're Christmas shopping and you're like, I really
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Speaker 4: want to get beck an ornament, and suddenly you're wheeling
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Speaker 4: out with half of kma.
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Speaker 3: Oh but it's so magical, it's so fun, like they've
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Speaker 3: got all VM.
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Speaker 4: To perfection, like the fairy lights. Oh my god, they're
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Speaker 4: playing Mariah Carey. Oh you got to like, sorry, I'm
9:55
Speaker 4: feeling very festive. And the decorations they're all styled to
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Speaker 4: look like they're straight up out of Pinterest, and everything
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Speaker 4: just feels like it just needs a little spot in
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Speaker 4: your trolley.
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Speaker 3: Well, you got to have the fairy lights when you
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Speaker 3: see them up, and you've got to have the tree.
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Speaker 3: You're not right. But do you know what this is?
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Speaker 3: Psychologically speaking? It's called the halo effect. Okay, and it's working.
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Speaker 3: It's it's working, and that's when the environment.
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Speaker 4: If the environment feels good, we assume the products inside
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Speaker 4: of it are better as well. Christmas lights, playlists, the smell,
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Speaker 4: Oh my god, how many times have you walked into
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Speaker 4: Peter Alexander and been like, it's intoxicating in here.
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Speaker 3: It smells like a sweet tree. Oh I love a
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Speaker 3: sweet tree.
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Speaker 2: I do.
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Speaker 3: And then they're like.
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Speaker 4: Decorated for Christmas, and it kind of flips your brain
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Speaker 4: into holiday mode and then all of a sudden you're feeling.
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Speaker 3: Like slightly warm, slightly fuzzy, slightly spendy, and then you're like,
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Speaker 3: I can have this vibe at home.
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Speaker 4: It fills into your shopping choices and we're trying to
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Speaker 4: take the vibes home exactly exactly, Okay, And we don't
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Speaker 4: like hearing this because that's a little bit confronting. But again,
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Speaker 4: this is why marketing spends so much money on visual
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Speaker 4: merchandising the.
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Speaker 3: Store so that you spend more.
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Speaker 4: It's not so Oh, we love our customers so much,
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Speaker 4: we would love them to hear Mariah Carey when we
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Speaker 4: walk Yeah, God, they're trying to get your money.
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Speaker 3: That makes it sound strategic. They're manipula. Doesn't feel as
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Speaker 3: magical like that.
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Speaker 4: No, you walk in, you'd be like, I feel the
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Speaker 4: manipulation in here exactly. And when it comes to research,
11:25
Speaker 4: because like I like backing everything up with research, there
11:28
Speaker 4: have been so many studies that show that the Christmas
11:31
Speaker 4: vibe really does change how we spend in so many
11:35
Speaker 4: sneaky ways. And I've written down a little list from
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Speaker 4: a lot of different places. So shoppers stay longer in
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Speaker 4: stores that play festive music, and one American department store
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Speaker 4: actually found the average spend jumped thirty percent on the
11:50
Speaker 4: days when they had like live carolers.
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Speaker 3: In the store. Oh my god. Of course, so you're thinking,
11:56
Speaker 3: oh my.
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Speaker 4: God, maya there's like cute little lives out of the front,
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Speaker 4: Live Love.
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Speaker 3: Last, Yeah, Yeah, yeah, No, I'm spending yep, yep, that's
12:05
Speaker 3: why they've got them there.
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Speaker 4: And when firstive music is playing, shoppers more likely to
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Speaker 4: add a little extra just in case items to their baskets,
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Speaker 4: things that they didn't plan on buying. And then products
12:19
Speaker 4: are actually perceived like they literally tested this. Products are
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Speaker 4: perceived as higher quality and more gift worthy when they're
12:27
Speaker 4: displayed under Christmas lights and decorations.
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Speaker 3: That makes sense. I feel like there are things that
12:31
Speaker 3: I buy and I'm like, I take them home. I'm like,
12:33
Speaker 3: what the hell am I going to do with this thing?
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Speaker 2: Yeah?
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Speaker 3: Right?
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Speaker 4: Yes, you go onto a website all of a sudden,
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Speaker 4: they've got a Christmas background, there might be some Christmas music.
12:45
Speaker 4: I just you're getting me because you guys have put
12:49
Speaker 4: a lot of time, energy, and effort into researching what
12:51
Speaker 4: is going to increase your conversion rates?
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Speaker 2: Do you know what?
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Speaker 4: I live in this rock and hard place, right, so
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Speaker 4: I don't want my community to have the mickey taken
13:01
Speaker 4: out of them. I don't want you spending more than
13:03
Speaker 4: you need to. On the flip side, I am wildly
13:07
Speaker 4: passionate about small business. Yeah, and I would tell every
13:12
Speaker 4: small business owner. Yeah, festify your website, like, increase your
13:17
Speaker 4: conversion rate, increase your average customer spend, you know, send
13:21
Speaker 4: them festive emails.
13:22
Speaker 3: That's such a good idea.
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Speaker 4: But then on the flip side, I'm like, beck, don't
13:25
Speaker 4: don't fall for this stuff that I'm helping with.
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Speaker 3: Yeah, yeah, totally.
13:29
Speaker 4: It's like my love for small business, but then also
13:31
Speaker 4: my love for being like, hey, be a smart consumer, like,
13:35
Speaker 4: just make sure that you're not making impulse decisions.
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Speaker 3: Yeah, I just work for the devil, I suppose. So
13:41
Speaker 3: you know what we're going to do instead? Yes, what
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Speaker 3: diy vibes? Okay, so make your own magic at home. Yeah,
13:47
Speaker 3: but it's really nice with a playlist.
13:50
Speaker 4: And then Christmas treats so that you're not chasing it
13:52
Speaker 4: in shops and stores, you're not trying to go down
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Speaker 4: to the local shopping.
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Speaker 3: Area and like get your vibes there. We have that
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Speaker 3: at home.
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Speaker 4: Yes, and then while your vibes are high, maybe you
14:03
Speaker 4: made a little hot choky at home, we're playing the
14:05
Speaker 4: Mariah Carey Christmas list.
14:06
Speaker 3: Do you know what we will do?
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Speaker 4: Actually, yeah, we will put together all of the She's
14:10
Speaker 4: on the Money favorite Christmas songs into a Christmas playlist
14:13
Speaker 4: on our Spotify because I think a lot of people
14:15
Speaker 4: don't know that we actually not only have our podcast
14:18
Speaker 4: on Spotify, but we have a Spotify account with different playlists.
14:23
Speaker 4: In these playlists is like infesting budgeting saving. I'm a
14:27
Speaker 4: make a Christmas one, yes, and it will be our
14:30
Speaker 4: favorite songs, some.
14:31
Speaker 3: Boo Blay, a lot of boo.
14:33
Speaker 4: Blaze, Like if you don't like Mariah Carey and Boublay
14:36
Speaker 4: steer very clear. Absolutely we're going to go ham. But
14:41
Speaker 4: what I want you to do is do that at home.
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Speaker 4: Write a list, check it twice, check it twice, and
14:47
Speaker 4: keep the vibes at your house so that they don't
14:50
Speaker 4: hijack your budget.
14:51
Speaker 3: That's so true. And then actually bake gingerbread cookies so your.
14:54
Speaker 4: Is so cute and like, I know it sounds so lame,
14:58
Speaker 4: but like goal, I want your baked home goods rather
15:01
Speaker 4: than a present.
15:02
Speaker 3: Yeah, yeah, I'm exactly the same. Okay, what's the next
15:05
Speaker 3: on the list? The payback present? Oh that sounds so mean.
15:10
Speaker 4: It does, but like, how many times have you been
15:13
Speaker 4: given a gift and then you felt like you had
15:15
Speaker 4: to like a gift of similar value?
15:18
Speaker 3: That's so true. Like, oh, SPEC's birthday, she spent fifty
15:21
Speaker 3: bucks on my present. I have to get her a present.
15:25
Speaker 4: Same stuff happens at Christmas, yeap, Like maybe you budgeted
15:29
Speaker 4: thirty bucks for your cousin's Christmas present because you got
15:31
Speaker 4: them in Chris Kringled this year, and then she hands
15:34
Speaker 4: you a luck seventy dollar candle and then the next
15:37
Speaker 4: thing you know, you're scrambling for a seventy dollar outcha
15:39
Speaker 4: because you just want to even the score and make
15:41
Speaker 4: sure that she doesn't think that you think she's worthless.
15:45
Speaker 3: Yep. Yeah, is that stupid or is that stupid?
15:48
Speaker 2: No, it's really hard when people it's nice, but it's like, okay,
15:53
Speaker 2: that's adding to the amount that I've got to spend now.
15:56
Speaker 4: Yeah, and again back to psychology, it's called the reciprocacy norm.
16:00
Speaker 2: Yeah.
16:00
Speaker 4: So it's like this dumb, really dumb social rule that
16:04
Speaker 4: we assume must be return equal value. Yes, at Christmas,
16:09
Speaker 4: I would say, the urge to keep relationships quote balanced,
16:13
Speaker 4: pushes people to overspend consistently.
16:16
Speaker 2: I get it.
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Speaker 4: An interesting fact for you, Beck, Psychologists once tested just
16:21
Speaker 4: how deep the urge to give back goes. So this
16:24
Speaker 4: was in the nineteen seventies, and I would say it's
16:26
Speaker 4: worse now because social media didn't exist in the nineteen seventies.
16:29
Speaker 4: But a researcher mailed out hundreds of Christmas cards to
16:33
Speaker 4: complete strangers, like complete strangers, and then his letterbox started
16:38
Speaker 4: filling up with cards in return.
16:40
Speaker 3: That is so cute. I think it's cute. But they
16:42
Speaker 3: were like, oh my god, did I forget that I
16:44
Speaker 3: know this person? Like we should send one back.
16:47
Speaker 4: Families literally wrote back, kids drew pictures, people wished him
16:51
Speaker 4: marry Christmas as if they had known him for years.
16:55
Speaker 3: That is automatic.
16:58
Speaker 4: Their reciprocacy reflex is if someone gives us something, our
17:01
Speaker 4: brain instantly feels like, oh my god, I owe them
17:04
Speaker 4: something back, even if it makes zero logical sense.
17:07
Speaker 2: I e.
17:07
Speaker 4: Some random researcher sent me a Christmas card, debate me
17:13
Speaker 4: to see if I would fall for it, and.
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Speaker 3: Then they fail for it. Oh that is something. This
17:17
Speaker 3: thing's so sweet about that. It's also kind of cute, Like,
17:20
Speaker 3: I don't know, do good be good? Send a Christmas card?
17:23
Speaker 3: They're cute, yeah, with a little candy cane inside. Oh
17:26
Speaker 3: my god, I know like you.
17:27
Speaker 4: Used to in grade three when you would do your
17:29
Speaker 4: Christmas cards, and you would take the candy cane.
17:31
Speaker 2: To the envelope, actually write something in the envelope, though
17:33
Speaker 2: I mean inside the card, because some people do a
17:36
Speaker 2: well written card. A well written card, andy candy cane
17:38
Speaker 2: is all you need to do this Christmas.
17:39
Speaker 3: Absolutely.
17:40
Speaker 4: The other thing that we're going to do instead of
17:42
Speaker 4: this reciprocacy reflex is set a family wide budget. Or
17:47
Speaker 4: I've talked about this before in our previous Christmas episodes.
17:50
Speaker 4: We do Chris Kringle in our family, and I think
17:53
Speaker 4: you should too, because when the rules are really clear,
17:56
Speaker 4: the pressure to match disappears. Yes, exactly, Like it also
18:00
Speaker 4: changes our entire budget. Like our family is growing, like
18:04
Speaker 4: not just my family, but you know, more nieces and
18:07
Speaker 4: nephews than.
18:08
Speaker 3: We've had before all of that stuff.
18:10
Speaker 4: Yeah, we cannot be expected to always bring a present
18:14
Speaker 4: for every uncle and aunt and cousin that's coming to Christmas.
18:18
Speaker 4: And I don't know about you, but I love having
18:20
Speaker 4: lots of people around at Christmas. So like, the more
18:22
Speaker 4: the merrier Chris Kringle means that that more than marrier
18:26
Speaker 4: doesn't become more the merrier out of home budget to
18:29
Speaker 4: make sure that everyone coming to my house, has a
18:30
Speaker 4: present totally.
18:31
Speaker 3: Because regardless, you've only got to buy one present, that's it.
18:34
Speaker 4: Yeah, And like I have spoken about this before, you
18:37
Speaker 4: can also have like random Christmas rules like we have
18:40
Speaker 4: second hand, handmade or homemade as a rule in one
18:43
Speaker 4: side of our family.
18:45
Speaker 3: So much fun, totally, No, I really really like this idea.
18:49
Speaker 3: It's so fun.
18:49
Speaker 4: Anyway, bech Let's take a really quick break, but friends,
18:52
Speaker 4: stay with us because we're still talking about Christmas and
18:55
Speaker 4: next we're going to be diving into more of the
18:57
Speaker 4: psychology of exactly why we overspend on gifts and just
19:00
Speaker 4: spoiler before we get to the ad break, it has
19:03
Speaker 4: way less to do with them and way more.
19:05
Speaker 2: To do with you. Okay, bye, welcome back everyone. Before
19:12
Speaker 2: the break, VD drops something very very I would say a.
19:17
Speaker 4: Personal attack, but it was needed. Yeah, like, it's not
19:22
Speaker 4: it's me. Yeah, yeah, yeah, it's me saying it's not me,
19:24
Speaker 4: it's you.
19:25
Speaker 3: Yeah, exactly exactly.
19:27
Speaker 2: So we were talking about the pressure to match the
19:30
Speaker 2: money people spend on us, and I guess, like, it's
19:33
Speaker 2: really silly.
19:34
Speaker 3: But what else is there on the list of why
19:36
Speaker 3: we overspend on gifts?
19:37
Speaker 4: I've written this down as the stress to impress aha,
19:41
Speaker 4: blowing your budget just because you don't want to look
19:44
Speaker 4: like a stingy gowl, which.
19:46
Speaker 3: Is hard when you are genuinely broke and you.
19:49
Speaker 2: Just get it.
19:50
Speaker 4: Like I feel like we're all trying to keep up
19:52
Speaker 4: with the Kardashians, with the Joneses, whatever. I feel like
19:56
Speaker 4: there's this underlying pressure, and you know what, it's actually
19:59
Speaker 4: crazy because I was thinking about this episode and pulling
20:04
Speaker 4: it all together. And I used to feel that a
20:08
Speaker 4: lot more when I had no money than now when
20:11
Speaker 4: I am. I would say very financially comfortable. So now
20:15
Speaker 4: I'm financially comfortable. I feel like I don't think that
20:18
Speaker 4: you would think I was stingy if I brought you
20:20
Speaker 4: a ten dollar gift.
20:21
Speaker 3: Totally.
20:21
Speaker 4: I think that you would just hopefully assume that you know,
20:24
Speaker 4: I really thought about it, because yeah, it's this dumb
20:28
Speaker 4: psychology right like, deep down I know that you know
20:32
Speaker 4: that I'm not broke. Yeah, so if I got you
20:34
Speaker 4: a ten dollar gift, I am hoping that the assumption
20:37
Speaker 4: would be that you just assume that was because I
20:41
Speaker 4: am thoughtful and kind and it's the thought that counts. Yes,
20:46
Speaker 4: January is when I had no money. If I bought
20:48
Speaker 4: you a ten dollar gift. In the back of my mind,
20:50
Speaker 4: all I'm thinking of is does beck Noll was worth
20:52
Speaker 4: ten dollars? Does she think I'm being stingy? Does she
20:55
Speaker 4: think I didn't spend enough? Like you get all of
20:57
Speaker 4: these additional layers of doubt, which keeps you in debt,
21:01
Speaker 4: which keeps you in a position where you're not putting
21:03
Speaker 4: your financial future first. And it's an interesting reflection because
21:08
Speaker 4: I don't feel that about gifts now. I'm genuinely and
21:11
Speaker 4: this is a privilege, and please don't get me wrong,
21:13
Speaker 4: I'm speaking from immense privilege of having financial freedom. But
21:17
Speaker 4: don't get me wrong, I also know I created that myself. Yeah,
21:21
Speaker 4: but it's an interesting conundrum, right, like where you don't
21:23
Speaker 4: have enough and you feel like you don't have enough,
21:25
Speaker 4: and then you feel like you're being stingy because you're
21:28
Speaker 4: restricting your budget because you should be doing that. Yeah,
21:31
Speaker 4: And to dive a little bit deeper into not me,
21:34
Speaker 4: but more into this concept like you actually have no
21:38
Speaker 4: clue what your partner's mama's into, maybe lack and this
21:42
Speaker 4: is just an example. Maybe like you've METO twice and
21:44
Speaker 4: you're it's kind of a new you know, you're meeting
21:46
Speaker 4: Jess's parents for the first time. You're like stress seeing
21:50
Speaker 4: and all you know is that she's like a bit fancy,
21:52
Speaker 4: she likes nice things. The pressure so you play it
21:57
Speaker 4: safe and you grab what is maybe the fan fansiest
22:00
Speaker 4: bottle of perfume or the fanciest bottle of champagne that
22:03
Speaker 4: you can afford, because you just go, oh, she likes
22:06
Speaker 4: nice things, because at least no one can say it
22:09
Speaker 4: looks cheap yeap.
22:10
Speaker 3: You don't want to look cheap, do you know exactly?
22:13
Speaker 4: And this is stupid, I know, but you know what
22:16
Speaker 4: it's called. It's called self presentation anxiety. Okay, So, because
22:20
Speaker 4: gifts feel like they're a reflection of you, right, and
22:23
Speaker 4: you know what, the more you care about gifting, the
22:26
Speaker 4: worse this is for you, Like, the more you deeply
22:29
Speaker 4: care about other people, the more you're going to suffer
22:31
Speaker 4: from this. When you're not sure what to buy, you
22:34
Speaker 4: actually just default the pricey option so that you don't
22:36
Speaker 4: feel like you look thoughtless.
22:38
Speaker 3: Yeah, it's basically you overspending to safe face.
22:40
Speaker 2: Oh my god, that's so like yeah, attackable, that's literally me.
22:47
Speaker 2: And then you end up being like, well, I can't
22:48
Speaker 2: hold food for us a week.
22:50
Speaker 3: But that's because at least this random person that I'm
22:52
Speaker 3: not a gift for doesn't think that I'm cheap. Yeah,
22:55
Speaker 3: it's crazy.
22:56
Speaker 4: They didn't even think about it to begin with. They
22:58
Speaker 4: were just like, oh, that's so nice. Come empty handed.
23:01
Speaker 4: You could have brought a piece of paper with a
23:02
Speaker 4: drawing of a cat on it. She probably would have
23:04
Speaker 4: been impressed, like, my god, it's great day. You were annoying, right,
23:07
Speaker 4: And then going back to research, studies find the givers
23:10
Speaker 4: assume people want to be wold, but recipients consistently report
23:14
Speaker 4: feeling closer to someone who nails like the small practical
23:17
Speaker 4: things they actually wanted. Yes, like, maybe you did go
23:20
Speaker 4: to Jess's mum's house one time and you noticed she
23:23
Speaker 4: didn't have a bottle opener.
23:25
Speaker 3: Yes, exactly, and you.
23:27
Speaker 4: Remembered and wrote it down in your notes app and
23:29
Speaker 4: then that's what you got her for Christmas and it
23:31
Speaker 4: cost you like eight bucks at Dan Murphy's.
23:34
Speaker 3: Yeah, but she's like, oh my god, you remembered that.
23:36
Speaker 3: That's so funny.
23:37
Speaker 4: I've been thinking about getting a bottle opener, but I
23:39
Speaker 4: always forget totally.
23:41
Speaker 3: That's the world factor. One of my favorite gifts to
23:44
Speaker 3: see you for my birthday was a microwave, really cheap
23:45
Speaker 3: one from Kmart. There was just like.
23:47
Speaker 2: Smimmick all love a practical and it's just like somebody
23:50
Speaker 2: I had. I kept banging on about. I was like,
23:51
Speaker 2: I need to get a microwave, but I didn't realize
23:54
Speaker 2: anyone was like paying attention. I was just like constantly
23:56
Speaker 2: complaining And then I got.
23:57
Speaker 3: A microwave for my birthday and I was like, this
23:59
Speaker 3: is the best. It makes you feel. So scene. So yeah, I.
24:02
Speaker 2: Actually agree, not that that's like any small feet, like
24:04
Speaker 2: it's quite expensive, but it's like no, but.
24:06
Speaker 3: It's not the point you felt heard and you felt seen.
24:09
Speaker 2: Totally felt seen, and so I think that absolutely makes sense.
24:11
Speaker 2: Like if you realize that someone needs something, even if
24:13
Speaker 2: it's like a spatula.
24:16
Speaker 4: Like whatever, it is that my creepy notes section. That's
24:19
Speaker 4: so cute, so important. There was one study where recipients
24:24
Speaker 4: actually rated the gift of a pair of socks that
24:28
Speaker 4: they'd asked for as more thoughtful than surprise jewelry.
24:33
Speaker 3: Yeah, totally scene. So much to this, that's crazy, Like
24:38
Speaker 3: you relate the pay attention to what people say pay attention,
24:41
Speaker 3: keep a creepy note, sat, Yes, I completely agree. So
24:44
Speaker 3: what are we going to do instead?
24:45
Speaker 4: Huh, We're going to swap expensive practical with a personal twist.
24:50
Speaker 4: So choose something that they'll actually use and add a note.
24:53
Speaker 4: So this is where your card comes in handy that
24:56
Speaker 4: shows you thought about them. Oh my gosh, I I
25:00
Speaker 4: just noticed that, Xyz. Because even if it's not a
25:04
Speaker 4: incredible gift that they're like, oh my god, like Beck
25:06
Speaker 4: thought I didn't have this, but I actually did.
25:09
Speaker 3: It's the thought.
25:10
Speaker 4: Yeah, a gift card for their favorite cafe plus a
25:13
Speaker 4: little handwritten note is going to beat any random luxury buy.
25:17
Speaker 4: I promise, absolutely completely agree. What else we have on
25:21
Speaker 4: the list? All right, so the whole fact at tas Okay,
25:24
Speaker 4: I told you these we're going to be lame, I
25:26
Speaker 4: told you, but hopefully you remember them. So that's when
25:29
Speaker 4: the gift costs more than it's worth to the recipient. Yeah, okay,
25:32
Speaker 4: so what does that actually mean? So maybe you've splashed
25:36
Speaker 4: out one hundred and twenty bucks on like a gadget
25:39
Speaker 4: or like a novelty, thinking this is going to land
25:42
Speaker 4: as like a whole gift on the day, but instead
25:45
Speaker 4: they didn't even open the box and it's like the
25:47
Speaker 4: end of January and money has gone down the drain.
25:50
Speaker 3: Yeah, yeah, that is shit, I know. So why does
25:55
Speaker 3: this happen?
25:55
Speaker 4: This one happens literally when there's a misalignment between what
25:59
Speaker 4: you think they'll value and what they actually do value,
26:02
Speaker 4: and givers often chase surprise or like spectacle, and the
26:06
Speaker 4: misfire then happens because you're shopping from your perspective, not
26:09
Speaker 4: their perspective.
26:10
Speaker 3: You didn't actually put yourself in their shoes. And that's
26:12
Speaker 3: why we say pay attention and keep a creepy notes list.
26:16
Speaker 2: Yees.
26:16
Speaker 3: So there was actually an economist.
26:18
Speaker 4: So his name's Joel Wold fugle Oh yep, I wanted
26:22
Speaker 4: to call him Joel Wold frugal, but oh, how.
26:27
Speaker 3: You say it? They is so clearly good that it
26:29
Speaker 3: wasn't anyway.
26:30
Speaker 4: He studied holiday gifting and found recipients typically value gifts
26:34
Speaker 4: at ten to thirty percent less than.
26:36
Speaker 3: What the giver actually paid.
26:37
Speaker 4: Ah, so goal, you better be getting your Christmas presents
26:40
Speaker 4: on sale because your friends are assuming they were discounted.
26:46
Speaker 4: And this gap is just pure waste and honestly proof
26:49
Speaker 4: that the whole factor spending often completely misses the mark
26:53
Speaker 4: because the giver and the recipient aren't aligned on what
26:55
Speaker 4: is actually meaningful, on what these things actually mean?
26:58
Speaker 3: So what are we going to do instead? But you're
26:59
Speaker 3: going to close the gap? So stick to wish lists?
27:03
Speaker 4: Yeah, stick to practical upgrades, maybe consumables or shared experiences,
27:08
Speaker 4: which are one of my favorite things to gift people. These,
27:10
Speaker 4: I would say, align better with what people actually want
27:13
Speaker 4: so that your money isn't ending up in the regift pile. Yeah, yeah, honestly, Like,
27:17
Speaker 4: I'm so sorry, but also I believe in regifting.
27:21
Speaker 2: Yeah, I totally agree. If you've got it, you know
27:23
Speaker 2: someone else will value it, Why the hell not? Okay,
27:27
Speaker 2: what's next on the list?
27:28
Speaker 3: All right?
27:28
Speaker 4: So the done but not done twitch? Okay, Okay, you've
27:32
Speaker 4: had it before. I know you've had it before. Your becksied.
27:35
Speaker 4: You just care too much? Oh so like you when
27:37
Speaker 4: you go shopping for jess A's presence, Yes, and then
27:40
Speaker 4: they're all in front of you and you're like, I'm
27:42
Speaker 4: not done though, Oh my god, totally I need to
27:45
Speaker 4: get something else, yes, like tell yourself you're finished. And
27:48
Speaker 4: then you're like, oh, just twitching for one more thing,
27:51
Speaker 4: Like I just want to add another thing to the
27:52
Speaker 4: other to the Christmas tree, or I just want to
27:54
Speaker 4: make sure that you know just has another thing under
27:56
Speaker 4: the tree, or like you know the twitch. Oh yeah,
28:00
Speaker 4: you just have an overwhelming kill feeling that it's not
28:03
Speaker 4: enough even the bloody is. Yes, you've wrapped like your
28:06
Speaker 4: last present, you ticked the list, you even bragged to
28:09
Speaker 4: all your friends.
28:10
Speaker 3: I'm done make Christmas shopping early.
28:12
Speaker 4: Sit down, But then you see a perfect little extra
28:15
Speaker 4: or oh you worry that the pile once it's all
28:18
Speaker 4: wrap doesn't look as good under the tree You're like,
28:21
Speaker 4: that looks a little bit thin. And suddenly you're topping
28:24
Speaker 4: up right until Christmas Eve, which is so dumb because.
28:26
Speaker 3: That wasn't part of the plan. And if top of
28:29
Speaker 3: one person, you got top of everyone.
28:30
Speaker 4: Joy and psychologists you literally call it the shopping momentum effect.
28:35
Speaker 4: Like you made one purchase, you're more likely to make another,
28:37
Speaker 4: even if it's completely unrelated. Yep, So that first yes,
28:41
Speaker 4: and this is again something that I teach my small
28:45
Speaker 4: business friends.
28:46
Speaker 3: We're just trying to get that first yes.
28:48
Speaker 4: You're trying to get over the first hurdle, right, but
28:50
Speaker 4: that first yes flips your brain into buying mode and
28:53
Speaker 4: then each check out gives you a little bit of
28:56
Speaker 4: a dopamine hit, especially if you're like Beck and I.
29:00
Speaker 3: Spendy. We love a little bit of a dobamin here. Yeah, yeah, yeah,
29:04
Speaker 3: but it reinforces that loop. Right.
29:06
Speaker 4: Weeks of gift hunting have trained your little brain into
29:09
Speaker 4: a habit see buy, reward repeat. Even when the list
29:14
Speaker 4: is finished, the urge to keep buying lingers. It's a
29:17
Speaker 4: bit like a fantomic. Yes, I get it, but we
29:20
Speaker 4: want to keep spending. It was fun, it's fun.
29:22
Speaker 3: It's so fun.
29:23
Speaker 4: It's so fun. And then let's add in like decision fatigue.
29:26
Speaker 4: And then all of the social pressure that you're finding
29:29
Speaker 4: exists during Christmas time, which is why you should delete
29:32
Speaker 4: socials over Christmas. What if the pile looks too small
29:36
Speaker 4: by that? What if someone gives me more than I
29:38
Speaker 4: gave them? Yeah, And then the constant cues from all
29:42
Speaker 4: your ads on social media and the like twitch to
29:44
Speaker 4: overspend almost becomes automatic.
29:46
Speaker 3: Yeah, you just go, oh, I have to in your head,
29:49
Speaker 3: you have to, and it's so yeah, it just stays
29:52
Speaker 3: in there. It just grows and grows.
29:54
Speaker 4: And researchers once run an experiment where people bought a
29:58
Speaker 4: tiny item like a key chain, and found that they
30:03
Speaker 4: were far more likely to buy another unrelated product straight after.
30:07
Speaker 3: That makes sense.
30:08
Speaker 4: That makes sense, yep, And there's like brain imaging studies
30:11
Speaker 4: that back this up. Making a purchase triggers a real
30:14
Speaker 4: quick burst of dopamine. So we're not just saying, oh,
30:16
Speaker 4: it feels good because we've made it up in our heads. No, no, no,
30:19
Speaker 4: we literally release dopamine yep, Like it's the feel good
30:24
Speaker 4: hormone in our body, but it gives us this quick
30:28
Speaker 4: burst of dopamine in your brain's reward center and the hive. Sorry,
30:32
Speaker 4: it doesn't last very long, which is why you like
30:35
Speaker 4: a little bit twitchy for another buy, even.
30:38
Speaker 3: When your list is completely done. Back, Oh my god,
30:40
Speaker 3: how do we avoid this? I don't know. We've got
30:42
Speaker 3: to be less impulsive, but like, it just feels so good,
30:45
Speaker 3: feel good. What are we going to do instead?
30:47
Speaker 4: Tell me when the list is done, move leftover budget
30:50
Speaker 4: to savings, or invest it because like when it's invested,
30:53
Speaker 4: as you know, it feels even worse to pull it
30:55
Speaker 4: out of that. Yeah, and that's going to add some
30:58
Speaker 4: friction to other purchase because you've removed your card or
31:02
Speaker 4: you've deleted the apps, or like sorry, we're actually all done,
31:05
Speaker 4: Like there's another hurdle in the way for me to
31:07
Speaker 4: actually add another present to this pile because I actually
31:10
Speaker 4: don't have any cash. I'm gonna have to transfer it back.
31:12
Speaker 4: Like create hurdles to yourself. And then also wrap everything
31:16
Speaker 4: early and put it under the tree to signal to
31:18
Speaker 4: your brain that the job is done, you're complete, Like
31:20
Speaker 4: we do not have to do anything else, because I
31:22
Speaker 4: think so many times for me, it's out of sight,
31:24
Speaker 4: out of mind, just like in you know, the shopping
31:27
Speaker 4: bags in my study, and I know I need to
31:29
Speaker 4: get to wrapping it, but I haven't, and then I
31:30
Speaker 4: forget what's in the shopping bags in the study, Like
31:33
Speaker 4: I forgot, and then it doesn't feel like a big
31:35
Speaker 4: enough pile even there that I think I have to continue. Yes,
31:38
Speaker 4: And we're also going to switch the ritual, so every
31:41
Speaker 4: time you feel the little twitch, we're going to do
31:44
Speaker 4: a little festive tasks. Good idea, you're a bake, We're
31:46
Speaker 4: gonna put it on a Christmas song. We maybe are
31:48
Speaker 4: going to watch a Christmas movie or like write Christmas cards,
31:51
Speaker 4: because how many of us leave all of those to
31:53
Speaker 4: Christmas Eve?
31:54
Speaker 3: As well. Yes, a Christmas card? Okay, what's last on
31:59
Speaker 3: your list?
31:59
Speaker 4: Okay, so it's the last minute markup, so rude, spending
32:05
Speaker 4: more because you left it too late to properly order
32:07
Speaker 4: it online for the most discounted price dogs. Yeah, Like
32:12
Speaker 4: I mean we also need to make sure that if
32:14
Speaker 4: we are doing this, like for example, if we're going
32:16
Speaker 4: into JB High Fight to pick up something last minute, girl,
32:19
Speaker 4: they price match, Yes, so you make sure you're doing
32:22
Speaker 4: your research because the last minute markup is so rude
32:25
Speaker 4: because you miss the shipping cutoffs, all the early sales,
32:28
Speaker 4: and suddenly you're paying premium prices just to get something
32:31
Speaker 4: in time so that you don't look like a terrible
32:32
Speaker 4: person or a terrible friend, even though that's not the
32:34
Speaker 4: case at all. That might mean copying like Express post fees,
32:38
Speaker 4: so you might still be getting it online, be like
32:40
Speaker 4: I need to pay for Express Post, yeah, or settling
32:43
Speaker 4: for like the last overpriced option on the shelf, or
32:47
Speaker 4: panic buying a more expensive gift because the cheaper ones
32:50
Speaker 4: are all sold out. I meant to get them this
32:53
Speaker 4: like small gift pack with two items in it, but
32:55
Speaker 4: the only one left over is like the four pa
32:57
Speaker 4: I'll just get the four pack, like, oh's exactly that's it,
33:02
Speaker 4: And you know what happens, yes, tell me.
33:04
Speaker 2: So.
33:04
Speaker 4: As the deadline looms, decision making gets mess cy, we
33:08
Speaker 4: get more stressed, and we're stressy. With less time and
33:13
Speaker 4: fewer good options left, your brain literally prioritizes getting it
33:16
Speaker 4: done over getting it right. Just buy it, just do
33:20
Speaker 4: it because I'm stressed. And psychologists call this time pressure
33:23
Speaker 4: decision making. When we're rushed, we lean on their easiest solution,
33:28
Speaker 4: and it's often overpriced. How many times and I know
33:31
Speaker 4: you've done this, if you've been like, I am so stressed.
33:34
Speaker 4: I just need to get to this appointment. I need
33:36
Speaker 4: to get to this location. I'm going to park somewhere.
33:38
Speaker 4: I might get a fine.
33:39
Speaker 3: Oh yeah, every day because you're like, I.
33:42
Speaker 4: Know it's going to be expensive, but I just I
33:45
Speaker 4: don't have a lot of You feel like your decision
33:47
Speaker 4: making is taken away from you totally, totally. That's we
33:50
Speaker 4: don't want that. No layer in gift giving guilt. Yeah,
33:54
Speaker 4: so you're feeling bad already, like, oh my god, I
33:56
Speaker 4: can't arrive empty handed. Go You're just gonna grab whatever's
34:00
Speaker 4: left on the shelf and pay for express shipping just
34:02
Speaker 4: so that it solves your stress in that moment. It
34:04
Speaker 4: creates future you problems exactly. Oh and you know what,
34:09
Speaker 4: this isn't just me going oh, I feel this and
34:10
Speaker 4: I want to share it. Research on consumer behavior shows
34:14
Speaker 4: that when people shop under tight deadlines, they become far
34:17
Speaker 4: more likely to just choose the easy option rather than
34:19
Speaker 4: the one that is of best value.
34:21
Speaker 3: And that's why.
34:22
Speaker 4: Florist's and delivery apps make an absolute mint on Christmas Eve.
34:28
Speaker 4: It's not the price, it's the panic.
34:30
Speaker 3: You're like, I just gotta get it done.
34:32
Speaker 4: I'm just going to pick up some flowers on Christmas Eve.
34:34
Speaker 4: Oh my god, how kind is this Flora's to be
34:37
Speaker 4: open on Christmas Eve?
34:39
Speaker 2: I know, I know.
34:41
Speaker 3: Oh, that's so nice of them to be open.
34:43
Speaker 4: Yeah, it's one of their biggest trading days of the
34:45
Speaker 4: years because we're all useless. Beck, Oh my god, they
34:48
Speaker 4: are smart.
34:49
Speaker 3: So what are you going to do? Instead?
34:50
Speaker 4: You're going to plan a cut off for yourself that's
34:53
Speaker 4: earlier than the real one. Yeah, I have to gaslight
34:56
Speaker 4: myself this year. It turns out Christmas weird. I need
34:59
Speaker 4: to have everything done by the fifteenth of December. Yes,
35:03
Speaker 4: we're early we're ten days early. It has to be
35:06
Speaker 4: done by then, because in my head, I like literally
35:08
Speaker 4: have it in my calendar Christmas shopping done here, Like
35:12
Speaker 4: I've put account down, like we are making sure that
35:14
Speaker 4: everything is done by then. Or if you know you're
35:17
Speaker 4: a last minute girly, because some of us are, I
35:21
Speaker 4: would predecide a go to gift category, So like what's
35:25
Speaker 4: your default? Is it going to be a voucher? Is
35:27
Speaker 4: it going to be an experience? Is it going to
35:29
Speaker 4: be some type of consumable so that you're not paying
35:32
Speaker 4: the desperation tax?
35:33
Speaker 3: So you know, Okay, well I've left it too late.
35:35
Speaker 3: This is my default option that still fits within my budget, and.
35:39
Speaker 4: I'm going to get back that instead because I can't
35:41
Speaker 4: get the thing I actually wanted to get her.
35:44
Speaker 3: Yeah, and we're not paying a premium on that.
35:47
Speaker 2: This has been extremely helpful and every single thing is
35:53
Speaker 2: a personal attack, very relatable, and I would try to
35:56
Speaker 2: go as well.
35:57
Speaker 4: I get it absolutely, and you know why I knew
35:59
Speaker 4: all those things. I suffer from all these things.
36:02
Speaker 2: Well, okay, so that was the last one on the lists,
36:04
Speaker 2: and I've got to admit I feel a little bit
36:05
Speaker 2: better about facing the Christmas chaos.
36:07
Speaker 3: Start your creepy list in your notes app right now.
36:10
Speaker 3: Start it right now, Write down all.
36:11
Speaker 4: Of the names you need to buy force and then
36:13
Speaker 4: start brainstorming ideas under it. Doesn't mean you need to
36:16
Speaker 4: buy every single item under that, but you could be like, oh,
36:19
Speaker 4: my goodness, like earrings for Jess or oh, I really
36:22
Speaker 4: want to get her this, like all that, and then
36:25
Speaker 4: you might pick a couple of those options. Yes, and
36:27
Speaker 4: then don't delete the note. Keep it for her birthday,
36:30
Speaker 4: keep it for like future things exactly exactly.
36:32
Speaker 3: Just because it's on the list.
36:33
Speaker 4: And you think is a really good gift doesn't mean
36:35
Speaker 4: it isn't a really good gift for later totally future.
36:38
Speaker 3: You a winner.
36:39
Speaker 2: Oh yeah, so I think let's leave it here, let's
36:42
Speaker 2: put a pin in it, Let's go back our list
36:44
Speaker 2: and check it twice.
36:45
Speaker 3: Yeah.
36:46
Speaker 4: And I guess that's why I love doing episodes like this,
36:48
Speaker 4: because once you know what these little spending.
36:51
Speaker 3: Traps are, you're like, oh, there's so many pillatives.
36:54
Speaker 4: You get to take some of your power back and
36:56
Speaker 4: you can still lean into I guess, the fun and
36:58
Speaker 4: the generosity of the FIRSTIFC and make sure that you're
37:01
Speaker 4: spending on your own terms. Guys, if this episode gave
37:04
Speaker 4: you a little bit of a Christmas confidence boost, I
37:07
Speaker 4: would love it if you sent it to a friend
37:09
Speaker 4: who's also really trying hard not to blow the budget
37:12
Speaker 4: this Christmas, because it might put them in a better position.
37:16
Speaker 4: And don't forget to follow or subscribe so that you
37:18
Speaker 4: don't miss what's coming up next.
37:20
Speaker 3: We've got plenty more.
37:21
Speaker 4: Episodes on Christmas, but also to help you kick off
37:24
Speaker 4: the new year feeling come confident and in control of
37:27
Speaker 4: your money.
37:28
Speaker 3: And we'll see you guys on Friday.
37:29
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37:38
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37:42
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Speaker 5: should not be relied upon to make an investment or
37:48
Speaker 5: financial decision. If you do choose to buy a financial product,
37:52
Speaker 5: read the PDS TMD and obtain appropriate financial.
37:55
Speaker 3: Advice tailored towards your needs.
37:57
Speaker 5: Victoria Divine and She's on the Money, Authorized Representatives of
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