Oct 30, 2018 |

Sleep on a houseboat

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Mindful Spending & Navigating Lifestyle Creep with Cris Caruso

In this episode of the Prosperous Empath®, I’m sitting down with financial advisor and UNBOUNDED Mastermind Alum, Cris Caruso to talk about a phenomenon that many people have experienced in recent years: lifestyle creep. Cris has been in the financial services industry since 2004 and a financial advisor since 2008. Beyond that, she has pursued additional education in understanding how our behaviors shape financial outcomes by earning the Behavioral Financial Advisor designation from Think2Perform. She also earned the Accredited Domestic Partnership Advisor credential prior to 2015 as a way to support her LGBTQIA+bclients and continues to use this knowledge to work with unmarried couples and non-traditional families. You’ll appreciate her unique experience throughout today’s episode as she speaks on lifestyle creep, or lifestyle inflation, which is overspending on things that you don’t actually need as your income increases. When you’re early in your career, your spending habits focus on must-haves like housing and groceries. But as your income increases, it’s easy to lose track of what is a necessity and what are simply too many luxuries, and to just keep buying more. Cris and I discuss both values-based and practical strategies on how to identify the areas of your life you should spend generously on and where to be more mindful to reach your long-term goals. How do you live in alignment with your money, especially as an entrepreneur and an empath? You’ll get an answer to this question as you listen to our thought provoking conversation on purposeful spending, the importance of allowing yourself to have fun & fabulous experiences, and more.

Visit this episode’s show notes page here.

The Prosperous Empath® Podcast is produced by Heart Centered Podcasting.

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