5 Steps to Spend in Line with Your Values: Using ACT for your money

Check out my latest financial therapy video on how to apply acceptance and commitment therapy to your money. Transcript below:

Are you feeling like you are spending money on shit you don’t care about? Watch the video above, or check out the steps below, and I’ll give you the exact exercise you can do to spend in a way that feels right for you.

If you look at your spending at the end of the month and feel like you are flushing money on stuff you don’t need, I’m here to tell you how you can shift that so you can spend on the things that matter. I guarantee that practicing this will help you feel good about your spending habits. 

First, let me break down what ACT it. ACT stands for acceptance and commitment therapy. The idea is that when we live our lives aligned with our values, we feel better about ourselves.

5 Easy Steps to Spend Money in line with your Values

  1. Write down the five most important values in your life (example: empathy, freedom, love, health, and sustainability).

  2. Look at last month’s spending.

  3.  Highlight or write down the 2-3 areas where you spent in a way you aren’t proud of (fast food, parking, clothes).

  4. Reference your values and see if they match up. If they don’t, there is a good chance you feel conflicted or guilty when you spend For example, if you value health and love, your money would probably be better spent taking your partner rock climbing instead of buying another drive-through meal. Or if you value sustainability, maybe you could shift your spending from a parking pass to a bus pass.

  5. Shift your spending toward the things you value. The goal isn’t to spend less, though you might, but to spend in a way that feels more like YOU.

What areas are you going to shift your spending towards to align with your values? Or are you going to shift some spending away from a certain category that doesn’t match up with your values? Let me know in the comments!

If you are getting stumped on values, I have a free download full of values you can reference to practice the exercise I reviewed in the video. Here’s a free worksheet to help you find ways to line up your spending with your values.