I’ve talked about the Emotional Buying Line & Spare Money Syndrome but have you heard of Payphoria? 🤔🤔🤔

Xero did a recent study of wage earners and found 1 in 3 Australians were left with only $100 leading up to payday. 😨😨😨

They also coined the term “Payphoria,” meaning, people felt they work hard for their money and therefore reward themselves with luxuries.

We do work hard for our money and I believe in rewarding ourselves but not at the cost of our current or future mental state.

Payphoria can also be expressed as the Emotional Buying Line. Where we get paid, pay our bills giving us peace of mind, then we go reward ourselves making us even happier.

But if you’re one of the three left with only $100 in your account until next payday or you don’t have ample savings how long will that good feeling last and god forbid if an unexpected bill or expense comes in… How long will it take you to get back above this line? Can you without the need of credit cards or other payday loans?

It’s scary to think that 1 in 3 Australians are experiencing this vicious cycle. But I’m relieved that I’ve personally helped hundreds of individuals and families break that cycle and stay above this line.

If you want to experience what it’s like to stay above the Emotional Buying Line and avoid Payphoria, come and have a chat with me or my team. Leave a comment down below, message us or make a booking via our FB page.

Thanks so much for watching and remember anything worth having in this life we want to Save, Make & Protect.