Understanding Revenge Spending: Impact on Your Money and Mental Health

Discover the allure and consequences of revenge spending, a phenomenon many have succumbed to this year (including me). As the pandemic disrupted our sense of control, indulging in shopping provided a dopamine rush that momentarily eased the strain. However, while it may offer solace for our well-being, its impact on our finances deserves scrutiny. Join us in this enlightening summer vault episode as Dr. Jaime Peters, Assistant Dean and Professor of Accounting, Finance, and Economics at Maryville University, sheds light on the concept of revenge spending. Gain insights on striking a balance between spending and achieving financial goals, and explore crucial considerations in the face of a potential recession. LINKS Jamie's website LEAVE US A REVIEW Leave us an honest rating and review, pretty please. Head to the podcast player you’re listening to this episode to leave us a review, or click here to leave a review for Everyone's Talkin' Money podcast on Apple Podcasts.  Love this episode. Share it with a few friends so they can also learn these valuable money concepts. Be sure to FOLLOW and SUBSCRIBE, never to miss an episode! GOT A QUESTION? Have a Shannah Shares question? Submit your question here https://bit.ly/shannahshares MORE MONEY TIPS Follow Me on Instagram for more money tips and behind-the-scenes information https://www.instagram.com/shannahgame Learn more about your ad choices. Visit megaphone.fm/adchoices