Inflation and Budgeting

Brad, Mike, and Shae talk about personal finance, budgeting, and debt management. They discuss the impact of inflation on everyday expenses and the rising cost of living. They also touch on the concept of universal income and its potential benefits. The conversation then shifts to strategies for managing debt, including creating a budget, tracking expenses, and making intentional purchases. They emphasize the importance of distinguishing between wants and needs and making sacrifices to reduce spending. The hosts also discuss the psychological aspects of money management, such as the impulse to buy and the detachment from physical currency with the use of credit cards. They conclude by encouraging listeners to take control of their finances and work towards becoming debt-free.