How to Change From Being a Spender to a Saver (Episode 83)

Updated: August 16, 2021

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What you’ll hear in this episode:

In this episode, I share three concepts from Psychology and Behavioral Science that tackle how we form good habits.

Specifically, I talked about how a person can change from being a spender to a saver by considering important factors in life that are often ignored or overlooked when trying to change bad habits.

I share a story about internal and external attribution. I also illustrate how attitude and behavior must complement each other. And I end with a discussion about the importance of having a growth mindset.

Hopefully, listening to this episode will give you a new perspective and help you change for the better.

Works Cited and Further Reading:

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  1. Well now I know, and it is very true that I am the product of my Great depression era Grandparents, my Grandmother’s younger brother & his wife and my Mom to make the group of five influencers. My Grandparents had frugality down to a science, the bills were always paid on time and a little extra for the cookie jar. Grandmother’s brother, my Great uncle and his wife were more adventurous and made wise investments.

    In the days of my youth, much of the milk was delivered to homes via a small truck with the driver filling your order and making the collection of payments. Yes, one of my Uncles was a milk home delivery man. Probably not a large salary but what they accomplished together was amazing. I do not think they had any stock investments but man did they ever do well in real estate !!! I really see how the over-conservative nature of my Grandparents that passed to my Mom was counterbalanced by the more ambitious relatives I was close to.

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