Dec 18, 2024
Ever find yourself panic-purchasing business tools at 2 AM during the holiday season? Or maybe you're wondering if that end-of-year equipment purchase is really about growth – or just about taxes? In this episode, we dive deep into the psychology behind those year-end money decisions that can make (or break) your business's financial future.
Key Quote: "Sometimes the most powerful move is deciding not to spend, even when it feels like everyone else is."
In this episode, you'll discover:
Plus, learn how to distinguish between real deadlines and artificial pressure during the busiest season of the year.
Perfect for listening while wrapping those client gifts or planning your year-end strategy. Join us to transform your December money moves from reactive to strategic.
00:00 Introduction: Year-End Financial Pressure
00:57 Welcome to Wealth Wisdom Financial Podcast
01:34 Understanding Year-End Financial Moves
03:11 Psychological Triggers: December Deadline Effect
06:51 Psychological Triggers: Clean Slate Syndrome
11:33 Psychological Triggers: Social Comparison Search
15:22 Creating a December Decision Framework
20:03 Join the Wealth Wisdom Financial Community
21:34 Conclusion and Final Thoughts
Next steps: Ready to make intentional money moves in 2025? Join our Wealth Wisdom Financial Community for just $97/year. Get access to our complete library of financial resources, monthly group coaching sessions, and our success dashboard mini-course. Join at wealthwisdomfp.com/community.
Coming up next week: "The Ultimate 2024 Recap: Looking Back at the Year" – tune in for insights on maximizing your year-end review process.
Watch on YouTube: https://youtu.be/J23X36gUSDg