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- 10/06/23 - Friday (Entertainment)
10/06/23 - Friday (Entertainment)
Brought to you by:
🍝 “What’s for dinner?” 🍝
and
Hey friends and happy Friday!
Have you ever heard of Maslow’s hierarchy of needs?
It’s usually explained with a pyramid visual (kinda like the food pyramid, only this pyramid isn’t full of carbs and hasn’t been debunked).
So let's dive into some psychology and human behavior stuff and let it inform our finances! 💡
Psychologists used to think us humans were simply motivated by the avoidance of pain and the seeking of pleasure. It didn’t take long for to poke holes in that theory and in the 1940s, American Psychologist, Abraham Maslow, illustrated how he envisioned human motivation.
It’s called Maslow’s Hierarchy of Needs and it looks like this:
🍽️ Physiological Needs. These are the most basic human needs and include things like food, water, shelter, and sleep.
💵 Safety Needs. Once physiological needs are met, safety needs become important. This includes things like personal safety, financial security, and protection from physical harm.
👩🏽🤝👩🏼 Social Needs. This includes relationships with friends, family, and romantic partners.
🏆 Esteem Needs. The desire for self-respect and respect from others. This level includes things like achievement, recognition, and status.
👑 Self-Actualization Needs. The highest level of Maslow's hierarchy is self-actualization, the desire to know yourself, your values, and your passions.
According to the theory 💡
When a need is at least mostly met, it no longer motivates behavior, and people will seek to satisfy the next level of needs.
Most personal finance advice sets us up for failure because it stops short of needs that overtly require money. We’re told to put relationships, esteem, and self-actualization on hold until all our financial needs are 100% met.
The reality is that we’re always seeking higher levels of needs, even when we’re not “supposed to.”
Sometimes meeting our higher needs will slow down progress on our financial goals, and there’s no reason to feel shame about that.
Don’t feel guilty for spending money or slowing down to fulfill your higher needs.
The bulk of your money will always be on foundational needs but remember to set aside some for those higher needs as well. If you don’t, you risk reaching your financial goals without considering if they were the right goals for you to begin with.
In Tuesday’s episode, The Importance of Honoring Your Season, we went off-script and instead of telling you what the internet has to say about the topic, we’re discussing our own thoughts on the topic.
Today’s episode Managing Money While Managing Anxiety recognizes the impact our mental health can have on our finances and ways to be kind to ourselves while moving towards well-being.
Tune in wherever you get podcasts and let us know what you thought of the episode over on our latest Instagram post!
Jill’s picks for a stellar weekend.
✅ Watch This: How to Make Pierogi - The Polish Chef. October 8th is National Pierogi Day and since I (Jill) grew up making Pierogis with my Polish grandmother, this one is extra special for me. <3
✅ Listen to This: October 7th is Frugal Fun Day and what better way to celebrate than by listening to the Frugal Friends Podcast and learning some ways to have some low-cost FUN this weekend! So, tune into Episode 240 Frugal Living Tips for Fall!
✅ Do this: In honor of National Consignment Day (October 2nd), consider posting some of your gently used items on Facebook Marketplace for sale, or take them to a local consignment shop to sell for a shared profit.
✅ Eat This: Arugula Apple Salad with Pecans. Jen doesn’t care for arugula, but I love it, and it’s in season, and it’s my week to write the Friendletter so here it is. A tasty, relevant, easy-to-make salad this weekend! Bon appétit! 🤤
This Friendletter is Brought to you by:
🍝 “What’s for dinner?” 🍝
For many, the day is beautiful until someone in your house asks you, “What’s for dinner?” Panic may ensue for others but not you. You already put “Friday: Takeout” in your meal plan. But wait… where are you getting takeout!?!?!?!? Don’t worry. Here’s a trick we use to narrow down the choices AND save money.
The Entertainment® Coupon Membership gives you access to over 500,000+ digital coupons in over 10,000 cities across the U.S. and Canada. And not just on dining, you can save on attractions, shopping, services, golf, travel, and more! **
The membership can quickly pay for itself with the average engaged member saving $250 annually. Check it out with a 14-day free trial and never be at a loss for where to eat or what to do ever again.
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Catch ya later,
⭐️⭐️ P.S. Want to share all this goodness with your friends AND earn cool Frugal Friends merch?
**Means this is a sponsored or affiliate section. We may earn a small fee or commission when you choose to try one of our sponsor or affiliate partners. But opinions are still 1000% our own.