Financial Sobriety School with Linda Parmar Linda Parmar

Consumerism and Capitalism are words that are referred to a lot in conversation in our world, but understanding it can feel overwhelming. Breaking it down into bite sized pieces was something that I wanted to do. Being armed with information about our money is SO powerful and helps us make decisions with our money and practice our Financial Sobriety. 
Unfortunately Consumerism and Capitalism is something we deal with daily.
The world we live in today is full of racism, sexism, colonialism, elitism, anti semitism, ableism and SO MUCH more. A lot of these movements are driven primarily by capitalism. It actually feels really hard to write this as I know I am a privileged white woman who is in recovery from many things.
We are in recovery from capitalism and consumerism. 
This weeks lesson will give you more insight into what this means for you and your Financial Sobriety. 

Building habits and routine for your Financial Sobriety is such a huge piece of following through with working on your money. 
Today I share my routine that helps support my Financial Sobriety. 
This routine has taken 7 years to work as a system and it is an ever evolving process, just like my relationship with money. 
Here are some of the key pieces of my routine: 
1. Create monthly spending plan. 
2. Daily planning of my spending and tracking my spending. 
3. Money dates/meetings. 
4. Not using credit cards. 
5. Auto transfers for my savings plan and debt payments. 
6. Check-in with my emotions with money and spending. 
7. Budgeting for things I want. 
8. Celebrate
In this lesson I dive into each piece of my routine and how you can make it work for you. 
Here are links to previous lessons where I tell my story about my journey with my Financial Sobriety: 
https://podcasts.apple.com/ca/podcast/your-money-your-recovery/id1493570547?i=1000462813534
https://podcasts.apple.com/ca/podcast/your-money-your-recovery/id1493570547?i=1000606259490
Here is a link for a lesson on Money dates/meetings: 
https://podcasts.apple.com/ca/podcast/your-money-your-recovery/id1493570547?i=1000536841911

It’s time to practice some sober spending this summer. 
If you are anything like me the summer sun can bring out impulse to spend money. 
This summer let’s make it different and practice sober spending under the summer sun. 
Sober Spending is one of the 7 foundations of Financial Sobriety School and in this lesson we focus on how to practice it the summer. 
In this lesson Linda walks you through the steps to take to ensure that you are setting some financial intentions and following through and feeling proud of yourself when September hits. 
New summer school group course starting for Financial Sobriety School on June 9th, all the details for the upcoming 3 month course is here: 
https://www.lindaparmar.com/thriving

Do you think it's possible to save money even when you have debt?
When we are working on our Financial Sobriety it is important to start to change some behaviours. 
One of those behaviours can be saving money. 
This is often something people talk about is that they really wish they had savings. 
Starting the habit of saving, even when you have debt is REALLY important. 
If you start to save you won't be reaching for a credit card when an unexpected expense comes up. 
Intentionally saving is a habit that you won't be regretting! 
Learn the tips and tricks that will support you, your wallet and your Financial Sobriety. 

Spending in sobriety. 
Getting sober from your drug of choice is a HUGE milestone in life. 
Sobriety is the biggest gift. Financial Sobriety is an even bigger gift. 
It is important to balance out our spending when we are working on our Financial Sobriety. 
This episode is probably not what you think. This episode talks about how important it is to spend our money in sobriety, with boundaries and a spending plan of course. 
If we restrict ourselves to feel like we can't spend anything it will lead to a shopping spree.
Cue the shopaholic! 
Learn to enjoy your Financial Sobriety in this weeks lesson. 

This lesson felt hard to record and it may feel very uncomfortable to listen to.  
It is also a lesson that is really important to understand. 
Financial Infidelity is the topic of this week's lesson. 
Overall financial infidelity is explained as when one partner in a relationship hides financial actions, assets, or debts from the other. It can also happen when you are hiding these from yourself. 
This topic is something that happens often but it is not something we typically talk about because it is uncomfortable and brings up a lot of different emotions. 
In this episode Linda helps you understand what it is and most importantly what to do if it is something that you have experienced or are experiencing. 
Be gentle with yourself as you listen to this week's lesson.