211 | Permission Spending: The Hidden Reason You Feel Broke With a Six-Figure Income

Have you ever said yes to something that felt so good in the moment and then later you’re looking at your accounts like, “Wait. Why did I do that?” That’s permission spending. Permission spending is spending from a feeling instead of a plan. It’s when you say yes, without seeing what your money is already responsible for.In this episode, I’m walking you through the difference between permission spending and permission budgeting, and why tracking your expenses, even with a budgeting software, is not the same thing as having a real plan for the life you’re living. You’ll learn the three jobs your money needs to do, how my three money bucket system creates clarity, and why budgeting is not meant to restrict you, it’s meant to enable you to say yes to the things that ​make ​life ​feel ​good ​for ​you, without guilt, stress, or regret afterward.Episode Highlights:[03:10] What permission spending actually is and why it feels so justified[05:00] Where money shame comes from after the “yes”[06:25] Why tracking isn’t budgeting and what gets missed when you only plan monthly bills[08:40] Permission budgeting and the 3 jobs your money must do[10:00] The three money buckets that protects money for your needs, your future, and your fun[16:10] What we do in coaching and how to budget for the last timePress play on this episode of Money Files to learn how permission budgeting stops the “I’ll figure it out later” cycle, so your needs are covered, your future is funded, and your spending is intentional.Get full show notes and the episode transcript: https://wealthovernow.com/permission-spending-the-hidden-reason-you-feel-broke-with-a-six-figure-income/Links mentioned in this episode…Set up a call | Financial Coach Washington, DC | Wealth Over NowDownload my FREE spending planGrab your seat to join me on Wednesday, January 28 at 12:00 PM EST and learn How to Budget for the Last Time