S6 E7 How To Stop Making Bad Financial Decisions with Al Zdenek

Most bad financial decisions aren't about math; they are about psychology.In this episode, Al (of CakeClub) and I explore why people overspend, under-save, and struggle with traditional budgeting, and why an 'anti-budgeting' approach might work better. We also discuss the alternative ways to build healthier financial habits.You'll discover:How emotions drive spendingWhy strict budgets often failHow to design financial habits that actually stickDo you think people fail at budgeting, or is budgeting itself the problem? What do you think works better for managing money: structure or flexibility? Do you think strict budgeting actually helps or hurts financial discipline?Share in the comments, we would love to hear from you.Also, please do not forget to like, follow the podcast and share with someone who needs this message!If you enjoyed this episode, you can support the podcast in 1 or 2 ways:One-time support: https://buymeacoffee.com/laidbackazMonthly support for bonus content & perks: https://www.patreon.com/c/LaidbackTheArturoZingaPodcast-------------------------------------------------------------------If you're struggling, consider therapy with our paid partner. Visit https://betterhelp.com/laidback for a discount on your first month of therapy.Recording with guest was made with Riverside: https://riverside.sjv.io/aOm70j-------------------------------------------------------------------CONNECT WITH USWe are building a strong community to help you with business/career/health advice so if this piques your interest, join the mailing list and get more information about our subscription🌍Website: https://www.arturozinga.com/ to join the mailing list📸Instagram: https://www.instagram.com/laidbackazpod/📱TikTok: https://tiktok.com/@laidbackazpodX: https://x.com/laidbackazpod