If you make a lot of money, are you more likely to save it or spend it? 

Sometimes it seems like people with higher incomes are more likely to spend it all, compared to people with a more modest income who prioritise saving. 

So why are some people who earn good money permanently broke, while folk on modest incomes manage to save?

Financial Advisor and Co-Host of 'She Owns This' podcast Nefe Marson joins Tim Beveridge to discuss how to avoid bad spending habits. 

LISTEN ABOVE

If you make a lot of money, are you more likely to save it or spend it?&nbsp;
Sometimes it seems like people with higher incomes are more likely to spend it all, compared to people with a more modest income who prioritise saving.&nbsp;
So why are some people who earn good money permanently broke, while folk on modest incomes manage to save?
Financial Advisor and Co-Host of 'She Owns This' podcast Nefe Marson joins Tim Beveridge to discuss how to avoid bad spending habits.&nbsp;
LISTEN ABOVE

Looking to make sense of your dollars? Newstalk ZB’s Smart Money delves into the deep, dark recesses of unwanted debt, traverses the highs and lows of investments and helps to ensure you money works for you.

Our industry experts give us their top tips on a wide selection of topics including mortgage rates, stock, savings, goal-setting and retirement.

Looking to make sense of your dollars? Newstalk ZB’s Smart Money delves into the deep, dark recesses of unwanted debt, traverses the highs and lows of investments and helps to ensure you money works for you. Our industry experts give us their top tips on a wide selection of topics including mortgage rates, stock, savings, goal-setting and retirement.

Looking to make sense of your dollars? Newstalk ZB’s Smart Money delves into the deep, dark recesses of unwanted debt, traverses the highs and lows of investments and helps to ensure you money works for you.

Smart Money

Nefe Marson: How do you avoid bad spending habits?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/83b57190-b0ec-4986-be20-b4fc005298d1/transcript