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Join Ads Marketplace to earn through podcast sponsorships.
Manage your ads with dynamic ad insertion capability.
Monetize with Apple Podcasts Subscriptions via Podbean.
Earn rewards and recurring income from Fan Club membership.
Get the answers and support you need.
Resources and guides to launch, grow, and monetize podcast.
Stay updated with the latest podcasting tips and trends.
Check out our newest and recently released features!
Podcast interviews, best practices, and helpful tips.
The step-by-step guide to start your own podcast.
Create the best live podcast and engage your audience.
Tips on making the decision to monetize your podcast.
The best ways to get more eyes and ears on your podcast.
Everything you need to know about podcast advertising.
The ultimate guide to recording a podcast on your phone.
Steps to set up and use group recording in the Podbean app.
Chain of Wealth - Debt, Investing, Entrepreneurship, Wealth & More
Business:Investing
[1:40] We've all had the moment when you see something you like, you want it and next thing you know your credit card is in your hand.
Katie hasn't done any massive impulse purchases but it's super easy to just get something in your hand and be ready to pay for it. Impulse purchases are actually a very common thing, it can be expensive items. One of the biggest items is your personality - are you materialistic It literally becomes a habit and people start to expect you to have the latest stuff Be careful about the company you keep[4:55] This is exceptionally relevant for people trying to get out of debt.
Forming a habit, it starts compounding and adds up so quickly. 3 or 4 days later you've forgotten about your purchase and you end up spending more[6:21] So what are some of the best things you can do to control your impulse purchases?
Be mindful of the company you keep - find someone that is trying to accomplish something with money It's easy to feel lonely when you're trying to pay off debt To combat impulse purchasing, create a waiting list - set a number of days, e.g. 30. You can't buy the item if you have to wait. Seeing the fine line between the value of something given the benefit Avoid using your credit cards Always remember what your goals are Start avoiding stores :)
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