THE ABUNDANCE PSYCHE

Welcome to 'The Abundance Psyche' podcast, your essential guide to navigating today's challenging housing landscape. I'm your host, Sudeshna, a job search consultant with a passion for helping you achieve financial freedom. Today, we're tackling a problem that resonates deeply with our generation – affordable housing. With factors like rising house prices, interest rates, and i...

Welcome to another enlightening episode of "The Abundance Psyche" I'm your host, Sudeshna, and today, we're diving deep into a common ailment that affects many of us: comparisonitis. In our world filled with endless possibilities, we often find ourselves yearning for more. More space, a fancier car, a bigger paycheck, it's a never-ending cycle. But here's the truth, my fr...

Welcome to another episode of "The Abundance Psyche." I'm your host, ,Sudeshna, and today, we're uncovering the profound teachings of a financial luminary - Charlie Munger. While Warren Buffet's name often takes the spotlight, Munger's wisdom has quietly influenced many of us seeking financial enlightenment. His "Almanack" is a treasure trove of insights, and to...

Welcome to The Abundance Psyche, where we uncover the remarkable services that have enriched my life. I'm your host, Sudeshna. In our previous episode, I explored the material world, but today, we're delving into the realm of services that have brought true joy and improvement. From the bliss of massages to the convenience of hiring a chef, we'll explore the diverse services that have...

Welcome to another episode of The Abundance Psyche, where we explore the choices and investments that shape our lives. I'm Sudeshna, your host, and in today's episode, we're diving into the world of smart purchases. In our younger years, many of us may have indulged in impulse buying and collected random items that cluttered our lives. But as we grow wiser, we start recognizing the rea...

So many people across the world want to move to London.  In today's episode, I'm going to discuss how much we end up spending per month for the household living and working in London.  I am putting out a lot of my personal finances here online. This is definitely not easy for me. It's the first time I'm doing something like this. But then I always believe in transparency around mon...

 You could be doing anything else right now, but you chose to listen to this podcast instead. So, I'm going to make a huge assumption here that you want to make more money in your life. And if that's the case, welcome to the Club. We love talking about how you can make more money here. And in this episode, I'm going to discuss skills that make you higher income in your career. For more...

Embark on a journey of financial transformation as we dive into the realm of counterintuitive savings. In this podcast, we'll explore strategic hacks that challenge traditional norms, each with the potential to reshape your financial trajectory. Get ready to elevate your savings game through a fresh perspective that prioritizes effectiveness over convention. Follow us on @theabundancepsyche on...

For most of us, the ebb and flow of our finances follow a familiar pattern - spending more at the start of the month and tightening our belts as the weeks progress. Research indicates that our spending peaks during week one of the month, gradually decreasing as the weeks go on, and then surging again in week 4 in anticipation of the next salary, whether you get paid on a monthly basis, a weekly-ba...

Money, a driving force that has shaped my journey for the better part of my life. Over the past 15 years, I've immersed myself in the world of economics, earning degrees and working within the financial services sector. Today, I invite you to delve into a discussion about the seven habits that often lead to financial struggles. Let's explore these habits and discover ways to break free fro...

Money has motivated me for the best part of my life.   In fact, I have spent the last 15 years getting multiple degrees in economics. And then, working in the financial services sector for over a decade.  And here's one thing that I have learned about money that impacts your financial situation disproportionately: EARNING MORE MONEY For more on money and careers, visit https://www.theabundance...

For the longest time I thought a dream job is the highest paying job. And coming from a middle class family, that's what you generally aspire to have more money in your life.  And that's perfectly valid. As I have grown through my career and I have seen other people's careers unfold, I have realized that a dream job has more to it than just money. In this episode, I want to break down...

There was a point in my life when I did not have a two day weekend. Most of the weekends were taken up by work. I used to work in the big four consulting firms and I used to love consulting. However, I was extremely overworked and underpaid. If you are feeling a bit jittery about your current work situation, here are five warning signs that your job might be ruining your life.  1. The first sign i...

Hi everyone, I am Sudeshna. I have been working in the financial services industry for the past decade.  I have always been a voracious reader, but in my twenties I almost lost the habit of reading. But I'm so glad to have found back my habit of reading and these days I read a lot thanks to my Kindle. In today's episode, I'm going to discuss with you five of my favorite personal financ...

I have always been jealous of the people who always knew what their purpose was in life before they even started their careers. I mean, that would be nice, but that wasn't me and it's very likely if you are listening to this podcast, that it's probably not you. If you are on social media or any kind of media, you probably have heard that, find your purpose, find your 'Dharma',...

The schooling system is meant to teach us literature, arithmetic and logic.  Some schools end up doing a great job at it. Even when they do a great job of it, they don't end up teaching us practical skills about personal finance  that we need as responsible adults.   I have heard the rhetoric that schools should teach more personal finance. I'm still making up my mind about where I stand o...

 Most of us have a plan. We'll win the lottery and then live happily ever after. However, what most people don't realize is that most of the people who win the lottery go from rags to riches to rags within a span of five years of winning the lottery. On the other hand, there are some people and some families who come from war tone zones, who lose all their riches to the war and end up goin...

I did a lot of things right. I went to college, I got the right degrees. I got a job. I started earning early on in my life. I started saving early on in my life. I did not accumulate credit card debt or any debt for that matter. However, there are these four financial regrets that I have till date and you realize that it's not all about the money. For more on money and careers, visit: https:/...

When you think about Rich, what comes to mind?  Men in suits, cruises and yachts, high end luxury fashion brands, gourmet food, access to exclusive memberships. Maybe, access to a financial wealth manager. However, in my last 10 years of being very close to very rich people, and actually through my life, having access to a lot of privileged people, I have found that these couldn't be farther f...

 I track every penny that I spend. I don't Buy coffee. I cut my own hair. I go to the supermarket that has the lowest price for berries, and I spent our searching for a 20 P deal for a 10 pound purchase.  You'll notice that the computer behind me is turned off because I have been trying to save pennies on my energy bills.   Wow! I got through that with a straight face. Only two out of thos...

 Stop throwing money on rent and paying your landlord's mortgage.  This is something that has been told to most of us for so long that we have started believing this. However, in 2023 with the interest rates peaking across the world, does buying a home necessarily mean that you have arrived in life?  Of course, there are some advantages to buying your own home. For example, when you buy your o...

My retired parents are traveling the world in exotic locations while my sister and me in the prime of our age are working hard, saving up for a retirement, which we are not even sure we are going to live for.   So, I understand why the financial independence retired early movement, also known as the F.I.R.E. Movement  is so lucrative for so many of us. So, I really wanted to dissect in this episod...

Honestly, there's so much of terrible financial advice out there that gets dished out by influencers, and I wonder who makes money off the back that advice, because frankly, that's very, very questionable advice.  But obviously we don't live in a perfect world, in a perfect society, so, let's talk about the five types of finfluencers that you are better off avoiding. For more on mo...

You'll never get rich working for someone else.  You don't need to go to college to build wealth.  Who comes up with this terrible advice?  In fact, data shows that in the United States at least, people who have a college degree or above earn twice the amount of a high school graduate. Six figure incomes might not be very common. However, there's a strong correlation of certain skills...

Money doesn't buy happiness.  How long will we keep quoting that 2010 Princeton study? It's 2023. Inflation has gone up significantly. What used to cost $75,000 back in 2010 costs considerably more now  and that study was done for a particular demographic living within the United States.  So, does that really hold water across the globe? Money is definitely not the sufficient condition for...