Dave WordenTriumph Business Solutions · Founder

Money Answers Part 12 - Spending and saving money #money #financialfreedom #shorts

2 May 2026 · 1 min

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0:57

In this short, the speaker tackles the common feeling of guilt that follows discretionary purchases, even when the buyer can technically afford them. He explains that simply having the ability to spend does not equal intentional spending; the subconscious worry about alternative uses for the money fuels regret. To eliminate this mindset, he recommends pre‑allocating income into purpose‑specific accounts (e.g., a “guitar” account). By assigning every dollar an explicit intention as it arrives, the spender removes the mental question of “what else could this have been used for,” leading to freedom from guilt and a more effective, intentional saving strategy.

Chapters

Every time I spend money on something I want, I feel guilty after, even if I can afford it. How do you get out of that mindset? So what you do is, can afford doesn't mean that you're spending intentionally. So can afford means I have a lump sum of money and I made this purchase. I buy this guitar and it came out of the lump sum of money and I can afford it. But what happens kind of the subconscious level as well, there was other things I could have utilized this money for, maybe preparing and securing for the future, purchasing something for the home, offsetting rent, or whatever it may be. There's other uses of the funds. What we need to do is pre-allocate money to its intended use. I literally have an account called guitar. I fund that. And then once the money's in there, I was reserving money with intentionality. And there's no, what else could that money been used for sensation. Every dollar has to have an intention as it comes in and gets carved up. And once you have that, you have freedom from wondering, well, what else could this money have been used for? That's the best way to save. Save with intentionality.