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When Less Is More: Understanding the Underspending Client episode artwork

Mar 19, 2025 7 min

When Less Is More: Understanding the Underspending Client

from eFinWell Financial Coaching Hosted by Peter Waitzman

In this episode, Pete dives into a unique challenge faced by financial coaches: clients who are underspending. While many of us are used to helping clients cut back on expenses, what happens when a client is saving an extreme amount and seems disinterested in spending on typical lifestyle items? Pete explores the psychology behind frugal mindsets, shares real-life examples, and discusses how cultural shifts in consumerism have changed our expectations. Learn why underspending isn’t always a red flag, how to respect client values, and when it might be worth discussing adjustments to their budget. If you’ve ever had a client who saves more than they spend, this episode is for you! ▶ Get HOW TO MARKET YOUR FINANCIAL COACHING BUSINESS Book Here: https://geni.us/BervU ▶ HOW TO MARKET FINANCIAL COACHING COURSE: https://geni.us/hpUWZe ▶ Get Amazon Money Stories Book here: https://geni.us/7SF6rDf ▶ How I Make A Six-Figure Income On YouTube Book: https://geni.us/UZ2bnyd ▶ How To Get Out Of Debt Fast Book: https://geni.us/HeWdQi1 ---------- FOLLOW MY OTHER SOCIAL MEDIA PLATFORMS: ▶ Facebook: / financialcoachesgroup ▶ Podcast: https://geni.us/aAYgyF ▶ Instagram: / expedition.money ▶ Twitter: / expeditionmoney ▶ LinkedIn: / expeditionmoney

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When Less Is More: Understanding the Underspending Client

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This episode is 7 minutes long.

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This episode was published on March 19, 2025.

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