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Duration:22:49
Uploaded:2020-05-12
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In this episode, Chelsea reveals the "aspirational spending" purchases we think are going to improve our lives, but are actually huge wastes of money. She also offers tips on how to really weigh the cost of an item vs. how useful it will actually be in your life.

SodaStream cost breakdown: https://www.thesimpledollar.com/save-money/does-sodastream-save-money/

Myth of diamonds as in an investment: https://smartasset.com/credit-cards/why-a-diamond-engagement-ring-is-not-a-good-investment

How to buy better furniture: https://www.moneytalksnews.com/12-tips-for-buying-high-quality-low-priced-furniture/

Generic vs. name brand foods: https://www.foodtown.com/articles/brand-name-vs-generic-food

Medication regulations: https://www.medicinenet.com/generic_drugs_are_they_as_good_as_brand-names/views.htm

Dry cleaning costs: https://www.thepennyhoarder.com/save-money/dry-cleaning-cost/

Skincare article: https://www.theatlantic.com/health/archive/2019/01/skin-care-secret-wealth/579337/

Weight loss scams: https://abc7ny.com/7-on-your-side-nina-pineda-weight-loss-scam-products/5931652/

Do you need a new smartphone? https://www.whistleout.com/CellPhones/Guides/upgrading-your-smartphone-is-not-very-smart


Watch more of The Financial Diet hosted by Chelsea Fagan here: https://www.youtube.com/playlist?list=PLD30V46E07RR99cC0gCjKUbt-BKoDUcnc

The Financial Diet site: http://www.thefinancialdiet.com

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