Episode 127: Mindful Spending: Rethinking Needs, Wants, and Money Choices

The Grow Your Wealthy Mindset Podcast

When it comes to planning our spending, we often what we need, what we want, and what we can afford. Sometimes, we conflate things we want as things we need but when we step back, we realize a lot of things we feel we need are really things we want. Then there are things we want that we may say we can’t afford. Paula Pant is known for saying “You can afford anything, but not everything.” As physicians, that rings true. Where are you choosing to spend your money and do you like those decisions?

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Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast is for informational and entertainment only and should not be considered professional investment, legal, or tax advice. Dr Elisa Chiang is not a certified financial planner, attorney, or accountant. The views expressed are the personal opinion of Elisa Chiang and her guests and should not be taken as advice specific to you, the listener of the podcast. Personal finance is personal and your personal financial decision need to be made based on your personal financial situation and risk tolerance after having completed your own due diligence.