Are you wasting money on these things? episode artwork

EPISODE · Feb 26, 2025 · 51 MIN

Are you wasting money on these things?

from Wealth Minded MD · host Dr. Lisha Taylor

Despite your best intentions, you’re probably wasting money without even realizing it. In this episode, we explore the hidden money leaks draining your budget and how to stop them. From bank and investment fees to whole life insurance and overlooked expenses like unused gym memberships, streaming services, and digital storage costs, we dive deep into the financial pitfalls that are easy to overlook. Plus, we tackle the financial and environmental downsides of fast fashion and bottled water consumption, and share practical tips to increase energy efficiency at home and review subscriptions to avoid wasteful spending. Tune in for practical strategies to stop the leaks, save more, and take control of your spending habits! [00:08:08] Avoiding Money Leaks[00:10:55] Hidden bank fees, investment fees, and the pros and cons of whole life insurance[00:22:30] Credit card and add-on fees you should watch out for[00:25:18] Unused goods and services that cost you money[00:33:08] Fast fashion and its hidden financial and environmental costs[00:36:59] The bottled water dilemma and how to break free from unnecessary costs[00:39:19] Balancing energy efficiency at home to save money We want to enhance your podcast experience with us. Please fill out our super quick 6-question survey. Your input helps us to deliver content that resonates with you!   🎉This episode is sponsored by  PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing [email protected]. Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query. Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint. Claim your debt freedom with our boot camp!Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.   Wishing you a fantastic week ahead and happy wealth building!

Episode metadata supplied by the publisher feed · Published Feb 26, 2025

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Are you wasting money on these things?

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