Why Self-Hate Is Draining Your Bank Account

Hi Besties!
The secret to saving more is not another budget, it is self-esteem. In this episode, Sim unpacks why we turn to retail therapy after a stressful day, how low self-worth fuels compulsive shopping, and what the science says about breaking the cycle. We dig into the psychology behind those add to cart urges, the role of anxiety and comparison, and how to build confidence so you can spend with intention instead of impulse.

You will learn research-backed ways to spot compulsive spending patterns, practical tools that create space between you and a purchase, and simple habits that lift self-worth so saving feels natural, not restrictive.

☺️ WHO ARE WE?
Hi! We are Friends That Invest, the world’s largest investing education platform for women and minorities. With over 10M downloads, a global community, and a best selling book, we are here to help you grow your wealth and confidence without the jargon.

📌 Chapters:
00:00 Understanding Compulsive Shopping and Self-Esteem
05:55 The Psychology Behind Retail Therapy
10:45 Breaking the Cycle of Compulsive Shopping
20:25 Practical Steps to Improve Self-Worth and Spending Habits

🔑 Keywords to help more besties find this channel: compulsive shopping, self-esteem, retail therapy, financial literacy, mental health, spending habits, consumer behavior, self-worth, anxiety, personal finance

ps: If this episode helped you pause before hitting checkout, take a screenshot, tag @friendsthatinvest, and share it with a friend who is ready to feel calmer and more in control with money.

Love, Sim xx