143 | Stop, Think, Spend: Implementing a Money Pause for Better Financial Decisions

Money Files: Wealth Over Now

My five-month coaching container isn't about achieving perfection. Some clients treat financial growth like a checklist, trying to rush through it. However, if you approach your relationship with money with the intention to get it done as quickly as possible, you're missing out on developing lasting money habits that will serve you in the long run.

In today's episode, I dive into the concept of a money pause. A money pause is an opportunity to ask yourself why you are making a financial decision. Every choice has both intended and unintended consequences. When you're overwhelmed by fear and anxiety about money, you act impulsively and don't consider the broader financial impact of a quick purchase on Amazon or using your entire bonus to pay off credit card debt.

As a financial coach, my goal is to help you shift your habits. By pausing to think about why you are making a decision, you can regain control of your finances and achieve goals faster. Ready to start making intentional decisions about your finances? Tune in to learn how to implement a money pause the next time you feel pressured to make a financial decision.

I explain what a money pause is and how to use one effectively, hitting on these key topics…

• [05:50] Power of a money pause: paying the wrong credit card

• [10:18] Intended vs. unintended consequences of financial decisions

• [14:23] Disrupting the “I’ll figure it out” mentality

• [20:02] Power of a money pause: leveraging bonuses effectively

Tune into this episode of Money Files to learn the power of a money pause and how to navigate financial decisions intentionally.

Get full show notes and the episode transcript: https://wealthovernow.com/stop-think-spend-implementing-a-money-pause-for-better-financial-decisions/

Links mentioned in this episode…

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