James' World 2

When you spend too much, a sense of shame or regret can overwhelm you — and even hold you back from your financial goals. On the other hand, not spending on the things or experiences that bring you joy can cause a sense of deprivation.

So how do you find the right balance?

As a financial analyst and host of the podcast Popcorn Finance, I get to hear about the creative strategies people use to curb their spending. One of my favorites comes from Glen James, who hosts one of Australia’s top finance podcasts, My Millennial Money.