How to Curb Your “Impulse Spending”

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Two Rich Girls recently wrote in: “How do I overcome comfort spending?” and “How can I control stress shopping online?” We dive into some tactical strategies to curb overspending, why it’s so prevalent nowadays, and the deeper psychology behind the urge to spend.

Welcome back to #RichGirlRoundup, Money with Katie’s weekly segment where Katie and MWK’s Executive Producer Henah answer your burning money questions. Each month, we’ll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week.

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Mentioned in the Episode

• Dopamine Nation by Dr. Anna Lembke

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Katie:

If you had to make a dopamine menu right now, what would you put on it?

Henah:

Snuggling my dog.

Katie:

Watching a comfort television show.

Henah:

A little dance party.

Katie:

Baking something.

Henah:

Taking a nap.

Katie:

Your favorite. Journal.

Henah:

I listen to the same 10 songs all the time.

Katie:

Listening to a fun podcast.

Henah:

Getting out of my own head.

Katie:

Go do my little chick check and check on my little goslings. Boom. There’s a dopamine. I love a loaded baked potato and chili. Play piano.

Henah:

Sitting outside in the sun.

Katie:

Nice. It’s like photosynthesis.

Welcome back, Rich Girls and Boys to the Rich Girl Roundup weekly discussion of The Money with Katie Show. As always, I’m your host, Katie Gatti Tassin, and every Monday morning my executive producer Henah and I use this segment to talk a little more casually about listener questions, interesting money stories and other financial topics. So here is a quick message from our sponsors.

Onto the roundup. Henah, what is our topic today?

Henah:

So this week’s question came from two different people. One wrote, how do I overcome comfort spending? And another reader wrote, how can I control stress shopping online? To which I say, retail therapy can be really real and is something that kind of brings me back to the question we covered a couple of weeks ago. But I think there are tactics to kind of get around the impulse to spend. I have definitely been guilty of this, particularly when I’m having takeout after a hard day, or there are times where I get the set an urge to shop if I haven’t in a little while. And I think that’s especially prevalent in the era of over consumption and online shopping and Instagram targeted ads.

Katie:

I’m curious, can I ask a follow up about that? Is it that you’ll be minding your business and then realize, oh, I haven’t shopped in a while, and then you’ll remember that you want to, or does it feel like there’s ever a trigger for that desire?

Henah:

Good question. Probably both. I feel like I’m more inclined to, if I have a hard day, I want comfort food, which leads to comfort spending.

If I am just kind of like, oh, I’ve been really good about saving this month and I’m just feeling the need to spend a little, and then I think about, oh, well I have my little list, so I go to the list. But then sometimes once you look at the list and you’ve looked on your browser for something, then you start getting the targeted ads for it. And then you start getting the email about the abandoned card and then you start doing these other things and then all of a sudden it’s like, now I’m in this spiral of surrounded by, well, why not just purchase it now? Does that make sense?

Katie:

Interesting, interesting. So it’s like, oh, I’ve been being so good that I kind of want to, it’s almost like a desire to introduce polarity. I had a friend that was like that, but with partying, she would go out and do something just really reckless and then the next day would be like, oh, I’m never doing that again. And then would have a month of time where she’s just Ms. Love and Light, yoga classes, I’m not never partying again. And then it was like she would get to a place where she was feeling so healthy and well-adjusted that she’d be like, ah, I really want to go out and get really drunk. So it’s almost reminding me of that desire of you almost are always trying to push in the other direction once you feel yourself getting too far away.

Henah:

I don’t know if it’s that reckless, I’m talking like a $50 purchase. But ultimately, right, there’s something different at play or more psychological and deeper at play. And so it was that temporary dopamine hit that you get. And so when I would click purchase, I’d feel so good, but then when it would arrive at my house a couple days later and I’d open it, I’d be like, oh, that’s it. Oh, all right. So I feel like I’m working my own way around this, but I’m curious if this has ever happened for you.

Katie:

My tendency of when I need comfort and I’m feeling insecure and anxious, which are typically the emotions that lead me to seeking comfort, it actually manifests in a bit of the opposite way where I get really stingy and I feel like I need to go count my money and hole up in a fortress of brokerage accounts and never come out again because seek comfort in I still have a lot of money. Right, okay. It’s going to be okay because okay, maybe you know what I actually, I have this weird—

Henah:

Is that about money? Or even if you just have a hard day?

Katie:

I would argue that none of it’s about money. Money is just the manifestation of these things, but none of it’s actually about money.

Henah:

Interesting.

Katie:

It’s interesting the compulsive urge to shop and acquire because I think I have a compulsive urge to throw shit away and purge. So I will get stressed out about something and feel like I need to deep clean and throw things out, and I’ll commit to a hardcore life of asceticism until it passes.

Henah:

Katie the monk.

Katie:

I don’t know why that is, but I do think that these are all just different ways that our brains are looking for control and comfort. And so that can look like food, that can look shopping. In my case, I think it’s control through restriction as opposed to acquisition, but I think that it manifests in really interesting ways and you can actually kind of get to the root of it once you realize why you’re doing it.

Henah:

Yeah, actually this reminds me of, so I’ve been working with my nutritionist. She’s an anti-diet dietician, so that just means that it’s not about restrictive eating. And so I told her sometimes I feel like it’s really hard when I’ve chocolate in the house, I feel like compelled to eat all of it. And she said, why do you think that is? And I said, I don’t know. I just don’t even bring it in the house. I don’t want to tempt myself.

And she said, okay, so your homework this week is to buy chocolate, like a bar of chocolate and have a minimum of three pieces a day. And I was like, so you’re telling me to eat chocolate every day? She said, yes, and if you want more, eat more.

And I said, okay, what’s the catch here? And she was like, there is no catch. What I want you to do is tell me what emotions it brings out for you when you do eat more, how do you actually feel when you eat more? Were you able to feel like, oh, I got what I needed, or did it actually make me feel better?

And I’ve realized now that I just eat the three pieces and I’m good, I realized I wasn’t getting anything extra out of this, eating more than that. And I feel like that was a really interesting thought experiment to try with spending, which is if you feel like you’re doing it a lot, can you minimize it and see if that actually scratches the itch?

Katie:

What’s so striking about that example is that it is not just minimization, it’s requirement. You took it and she said you actually have to eat three pieces of it every day. That’s such a fascinating approach. Let’s flesh this out even further. On the first day did you eat the three pieces and then continue to eat more, and you paid attention to how it made you feel, and then the self-observation made you realize like, oh wait, I’m not feeling any better about this. And so I’m actually happy with the three.

Henah:

Yeah. And then there was one day where I was like, I actually do want more again. And so I just had two extra pieces and then I felt good and I was like, I don’t feel like I need to eat the whole bar. And now it just sits in the fridge and I don’t think about it. The idea of allowing myself to have some and then recognizing that having more was not giving me a desired positive effect was enough for me to be like, okay, I learned my lesson here.

Katie:

Yeah, it’s almost like the spell broke a little bit.

Henah:

Yeah, it was so brilliant of never in my life did I expected dietician to be like, go eat chocolate as your homework. So for her to use this kind of reverse psychology thing really did work.

Katie:

Fascinating. So there’s something here that I think I’m taking away, which is that you’re working with your desires instead of trying to shut them down full force or trying to work against your human psychology.

And so there is an idea that I want to float out there for anyone who feels like they have a compulsive relationship with spending or shopping, and that just so happens to be the way that their brain likes to seek comfort and dopamine. It’s called a dopamine menu. So I saw it on Instagram a couple of years ago. I unfortunately don’t remember the creator or where I saw it, but this is not a Katie Gatti Tassin original thought.

This is just one idea I saw that I’m going to apply to this particular problem. So the idea is that you build a dopamine menu for yourself, and these are things that give you a little rush of dopamine. So mine just so happened to be things like listening to a fun podcast while I go on a walk around the neighborhood, like go do my little chick check and check on my little goslings baking something because I usually have flour, butter, sugar, like the things that you need to bake on hand and per your dietician, I have fully convinced myself that if something is baked with love, that it is healthy. So follow me for more nutrition tips.

Or watching a comfort television show, like a show that I’ve seen a lot so that there’s predictability, which just feels really satisfying. Or I’ll play piano journal. So there are a lot of things that I have on this little dopamine menu that make me feel good and happy. And actually before I continue, I’m curious, what would yours be?

Henah:

My dopamine menu?

Katie:

Yeah, if you had to make a dopamine menu right now, what would you put on it?

Henah:

My husband makes fun of me that I listen to the same 10 songs all the time, and so mine would be a little dance party with those songs. They always make me feel good. Snuggling my dog to her regrets and woes. Taking a nap, LOL, always makes me feel better. Sitting outside in the sun, feeling the sun on my skin is a big one. And then maybe just texting a good friend. Just getting out of my own head and redirecting my energy.

Katie:

Sitting outside in the sun is funny. It’s like photosynthesis.

Henah:

I dunno. I feel it on my skin. I feel like when I’m at my most miserable or have the worst day, if I just go outside and I sit in the sun, I feel instantly better.

Katie:

Okay, perfect. So those are great. So dear listener, you’ll get the picture here, but one thing that I learned about dopamine from Dr. Anna Lembke who wrote the book Dopamine Nation, is that dopamine is kind of like the do it again chemical in your brain. It’s not happiness, which I think is kind of what we often colloquially or how we will colloquially refer to it is the happy chemical. It’s the more chemical and so dopamine that you acquire with no effort. So a frictionless one click shopping experience where you don’t feel the physical pain of that purchase, you’re not pulling out your wallet and pricing it out, taking out cash and giving cash to someone. You’re just pressing a button on a screen and boom, there’s the dopamine. It can be so exceedingly addictive because there is no effort required to get that dopamine. And on the flip side, dopamine that you get from something that requires a little bit of effort is satisfying in, I’m going to use another food analogy in the same way that eating a loaded baked potato is more satisfying than eating a potato chip.

Henah:

You love a baked potato.

Katie:

I love a loaded baked potato. I really do. I used to make them a lot. I was on a twice baked potato tariff there for a while.

Henah:

And chili.

Katie:

I’ev got chili down in the fridge made it the other night. It’s just so easy.

But yeah, so the idea is that you have this ready-made list. Anytime you feel that familiar urge in your body to go get the dopamine fixed from the comfort spending, you basically, and this is what kind of works, back to your chocolate example, Henah, you basically make yourself do at least one thing on the list first.

So in my example, I might feel the need to go do something maladaptive financially and be like, you know what? Before I’m going to let myself do that, I’m going to go play piano for 30 minutes. And then if I do that and at the end I still really feel like God, I just know I really need to order the takeout, then okay, you order the takeout, but you’re at least giving your brain a chance to feel better in a way that isn’t ultimately disruptive. You’re channeling that desire somewhere else in a way that’s not going to further a destructive tendency.

Henah:

Yeah, I love that. I feel like some people, you know how they put menus on their fridge that they don’t buy takeout of, this is what’s in your fridge. I feel like you could put a dopamine menu hanging in the place where you spend a lot of time when you’re like, this is where I’m going to get compulsive. You just kind of keep it near you at all times. Oh, interesting. I love that.

I do think though, that sometimes having money as a resource to buy you things that are comforting is valid. And so I do think that there’s sometimes you can silo this down to a category versus having free reign, the little treat rule or the gentle Wednesday or easing in Monday rule.

And so I had a couple tactical hacks, and you could tell me if you think these would work or not, but when I abandon a card online, you know how sometimes you get that discount a couple hours later? Yeah. I tell myself, if I X out, I’ll get a discount. So then I X out, and then by the time I get the offer, the moment has passed and I don’t feel like I need to shop for it anymore, even with the discount.

Katie:

So you’re tricking yourself, you’re like, oh, it’s cool, I’ll get the discount and then I can buy it. But then yeah. Okay, cool.

Henah:

I give myself the delay, the couple hours or 24 hour delay.

You mentioned not paying in cash all the time, and I feel like cash does help to realize this is a transaction of my hard-earned money to something else. And so I know some people really like that envelope method, so that would be another one.

I think also, you had talked about this in a different episode where your phone is all gray like grayscale, but I don’t know if you’re still doing that, but I feel like avoiding social media where you’re going to get targeted or the internet on your phone might be something if it feels like it’s a little extreme for you.

Katie:

So a couple things. The cash thing has my wheels turning too. I think the cash thing and the internet thing are connected. You obviously cannot pay if you’re buying something online. One thing that might help that has been effective for me in the moments where I have a tendency to, it’s kind of the hot girl hamster wheel situation where I will ignore my appearance for a period of time because I’m like, ah, I don’t need to worry about makeup or hair or whatever. And then it’ll get to the point where I look at catch myself in the mirror and I’m like, ah, that’s me. And then I feel like, oh my God, I need to do something about this.

So then what do I do? I’m on social media and I’m like, oh my gosh, your skin’s so dewy. I got her hair so beautiful. Oh, I start comparing myself to women online and then I’m like, well, maybe if I got this foundation, I would feel better. And then you spiral. So what’s really helped me avoid doing that, I think that I have accepted that the chances that I’m never going to feel envy of another woman’s beauty again, probably not very high, that’s going to continue to happen.

But what I can do is I noticed this. If I’m scrolling online and I’m on Glossier’s website and I’m looking at their beautiful branding and I’m looking at, oh, well $28, there’s not that much, but at the end of the day, I know that that’s not actually something I want. That is something that I’m feeling attracted to because it represents a version of myself that I think is better than the version of myself that’s sitting there looking at the product.

I will force myself to get in my car, drive 15 minutes across town to the Sephora and the mall. I have to find parking and that God forsaking parking garage, walk the half mile through the mall to get to the Sephora, go to the Glossier section, put it on my face. And by the time I have done all that, the desire has passed and I’m like, ah, this isn’t fixing anything. I don’t want this. I don’t care about this.

And I do think that there is an element here of the frictionlessness that I keep coming back to, which is like, it’s just frankly too easy. It is too easy to access the dopamine by buying it online. And so if your rule is like, yeah, I can shop, but I have to go do it in person, I have to drive across town. I have to bring cash with me and buy the stuff in cash. It is a fundamentally different experience than if you’re sitting there in your bed in your sweatpants pressing buttons, there is no effort required to spend that money.

Henah:

It’s also the returns, right? Because then when you get something, you’re so demotivated to make the return that you’re just like, oh, I’ll just keep it. But that method of going there and knowing that it’s going to fit you and knowing that you are going to wear it…genius.

Katie:

That’s a good point. I hadn’t thought about the returns element. I do hear that a lot. Like, oh, I bought a bunch of stuff and I thought, oh, I’ll just return the stuff. It doesn’t fit. And then you kind of forget about it and then you miss the return window or it just ends up sitting in your closet. It almost brings to mind that feeling of drift. These are not really intentional choices that are being made. It’s kind of like you’re sleepwalking a little bit and then before you know it, you look up and you’re like, how did I get here? I didn’t mean to go here.

I was talking to my friend Elizabeth about this. She’s in her sixties and she was like, it used to be so much harder to buy stuff. I used to spend so much less because if I had a want and desire or just a whim, I had a fancy cross my mind in order to go act on that impulse, I had to get in my car, drive to a store, find the thing, try it on use cash, and she’s like, and now I can just literally within 30 seconds order it to my door.

And so she was like, I don’t know. It just used to be so much harder to buy stuff. And I feel like that has fundamentally changed our financial habits.

Henah:

Well, I think too, the Amazon Prime membership doesn’t help. So I don’t have one. So for me it’s like I do have an added buffer to be like, where else can I find this? If you go on Amazon and you need anything from thumbtacks to tampons to your new overalls for the weekend, boom, boom, boom, you’re done. And so I think to have that extra step is the one thing that stops me from going to target and buying the same thing. But ultimately I think the feelings that you have to channel the stress or anxiety that causes you to comfort spend is psychological. So it’s about rewiring those systems to find joy or comfort in other places instead of the path of least resistance.

Katie:

And I think you mentioned earlier something that stuck out to me, which is sometimes the point of money is to be able to buy you things that give you comfort.

Actually, I would argue the vast majority of our purchases ultimately have comfort as the end goal. So it’s not that spending on comfort is a bad thing, but there is a certain tone or tenor to the type of spending we’re talking about, which is like it’s not something that you’re buying and then feeling good about after the fact. You are making a decision in the moment that you then regret later because it wasn’t an intentional, and yeah, this is a good thing. This is what I want to do. It’s like I’m doing this to relieve a sense of anxiety and I’m going to actually feel more anxiety later because I bought something that I shouldn’t have and now I feel badly about.

Henah:

Been there.

Katie:

And I think that’s kind the key difference. So that feels like a good place to wrap that up. Do you have any interesting money stories for me this week?

Henah:

I do. This came from Lara. So I will caveat this by saying that they signed an NDA before working with them, but this is what they’re allowed to share.

Katie:

Oh, I was going to say, are we about to violate an NDA?,

Henah:

No, no, we’re good. This is what they’re allowed to share. But I thought it was fascinating that someone who writes in is like I have an NDA. So the family that she works for has a budget of $100,000 for a two week vacation, and they do four of these per year. So she—

Katie:

Hold on. So $400k annual vacay budget.

Henah:

That’s what I’m hearing.

Katie:

And it’s for eight weeks of vacation?

Henah:

I believe so.

Katie:

Oh my God, I think I’d have to work really hard to spend a $100,000 on a two week trip.

Henah:

So what she did say is that it’s usually between three to five adults and then two children. So seven people total.

Katie:

I still think you’d have to work pretty hard to spend $100k.

Henah:

So she sent some examples. I was like, pardon? So first she’s a full-time live-in family assistant, and yes, they’re in Europe. She said outside of Europe they take public flights, but if the flight is in Europe or the Arabian Peninsula, they fly with a PJ. So first I was like a PJ, I could not fathom.

So I said, well, can you tell me about the family at least? She said, well, I can’t share too much, but here’s what I know. This is a ultra-high net worth family. Their net worth is over $30 million. They’re based in Italy but are not Italian. And then she said there are five people working for the family, the family assistant, which is this person, and her role is hybrid between the nanny cook and personal assistant. Then there’s another personal assistant…

Katie:

Hold, hold on, hold on, hold on. Yes. She’s a nanny, a cook and an assistant.

Henah:

Yeah, just wait. I asked her about her compensation.

Katie:

Sounds like you’re doing three jobs.

Henah:

She said it’s hybrid. And I said, so multiple? A personal assistant on top of her being the personal assistant, a housekeeper, and two drivers.

Katie:

Oh my God.

Henah:

You have no thoughts on this? I thought you’d be shook.

Katie:

In my brain right now. Well, you already told me they have $30 million.

Henah:

But even if I had $30 million, I don’t know that I would spend a half million every year on just vacations plus employing all these people…

Katie:

Yes, you would. You would. Because let me tell you why you would, because the 4% safe withdrawal rate on $30 million is 1.2 million a year. So you’re telling me that you wouldn’t spend $100k a month. If you could do that in perpetuity, you wouldn’t even scratch the principle because what else are you going to spend the money on at that point?

Actually, Thomas and I had a fun thought experiment about this. He said, what would you do if our safe withdrawal rate was $100,000 a month? How would you spend that? And it was such a fun experiment to be like, oh my god, if I had to spend $100k a month, you can’t donate it. You can’t save it. You have to find things to spend it on. And we both agreed you would hire a private chef, you would probably hire a full-time housekeeper or an assistant, someone that can help you do this stuff you don’t want to do. And it’s actually, it’s kind of hard to spend that much money. We kind ran out of ideas after three things because what are you going to do, move into a 12 bedroom home? That’s not going to improve your quality of life. So it was kind of interesting, expensive trips. I think you would probably end up buying a lot of that same stuff because what else are you going to spend a million dollars a year on?

Henah:

I want to be part of their family so I can go on these trips.

Katie:

The takeaway is…

Henah:

They said, because two of the adults are extended family

Katie:

Fun Q for you, if given the opportunity, if I said Henah, I’m taking all my friends on a trip and we’re flying on a private jet, would your ethical code, would your moral code, would you say yes? Or would you say, I’m going to buy my commercials ticket and go commercial because I only disagree with private use of private planes?

Henah:

I don’t think that I fundamentally disagree with the private use of private planes because I think if you’re the president or you’re Beyonce or whatever, in many ways you just cannot take public transportation. I think it’s limiting the amount to which you use it or creating the most mindful path because no offense, I know you love Taylor, but if you look at the flight path that homegirl’s taking every day, it just feels like so much. So I think for me it’s more of like am I minimizing the use of a PJ? If I was to go on it, I don’t know. I think I would probably take you up on it once for the experience and then see.

Katie:

Got you. Two follow up thoughts. I don’t think I would, but it has nothing to do with morals and everything to do with my fear of those small aircraft.

Henah:

I actually really like small aircrafts…

Katie:

Because the catastrophic rate of accidents with the small planes is way higher than the big planes. So mine would be purely safety concern.

Henah:

I am actually someone who’s terrified on big planes and I have to take a drama mean or I’ll get sick, but if you put me on a small safari plane, I am vibing. I’m happy, Jovanni’s freaking out. And I know logically—

Katie:

I’m like, statistically, that’s so backwards.

Henah:

I know and I know that logically, but I think my brain, because it can just see the ground and it feels really fun. It doesn’t feel as scary to me. But anyway, did you finish your follow-up questions?

Katie:

Oh, well, I was going to go on my diatribe defending Taylor Swift, which is basically that she has two jets and other people are using them all the time. She rents them out to other people. So when you see the flight path, it’s not that she’s on all of those flights, it’s that other people are paying to use the plane. But I get it. I know.

Henah:

Do you not think it’s weird that she has two private jets?

Katie:

I guess it depends. She’s a billion dollar corporation. I think it’d be weird if an individual human had two private jets that were just for personal fun use. But if you think about the Taylor Swift machine, and if you think about Taylor Swift, Inc. Taylor Swift incorporated, billion dollar companies own multiple jets. So I don’t think it’s that weird from a commercial standpoint. If you have teams of dozens, of dozens of people that you’re flocking around…

Henah:

Maybe

Katie:

That’s my, and if anyone disagrees with me, I don’t want to hear it. Send your complaints to Henah and you can touch shit with Henah about me behind my back, but I will not be swayed.

Henah:

We all know this, because people who don’t like Taylor Swift DM me when she does something annoying and says, I know Katie doesn’t want to talk about this, but I’m like, thank you for bringing it to my attention.

Katie:

Nope, I’m a Taylor apologist. But anyway, we’re so far off track now so we can go. We get back on.

Henah:

Okay, we’ll bring it back. So I asked her, like I said, do you feel any type of way about your compensation and all that? And so she did want to add some clarification before I share this, which is that it is quite low compared to American salaries, but compared to Italian salaries, it’s actually quite high. So when I say it, it’s first going to be like, whoa, that’s really low, but hear me out.

She said she gets 32,500 euros per year as her gross income up to a 1,500 Euro end of year bonus, 3,000 euro budget for university courses and additional training and a 3,000 year budget for anything related to healthcare. So because they’re in Italy, this is on top of what public healthcare provides. And then she does get meals, accommodation and utilities because a live-in and it’s covered by the family and she gets four months of paid holidays. But she said the small downside is I can’t decide when to take my holidays because it’s due to when the children themselves don’t have school.

Katie:

Oh.

Henah:

She’s 23 years old. She said on average people her age who are working the same hours in Italy but only get 26 paid holidays is 15k and the overall gross income is 32K. So she said, for reference, I make more than my father who’s been working at the same Italian branch of Deutsche Bank for 30 years, which blew my mind.

Katie:

Here’s my thing is I feel like even if I was being paid well, and it sounds like she is like, yeah, this is fair compensation for what I’m doing and it’s a good salary and I get meals and room and board, it’s like, what is she paying for? Probably not very much if you think about how much of your budget goes to food and shelter, but I think if I knew that they were spending a $100k four times a year on vacations, I’d be like, you can’t throw a little bit more of that my way. I don’t know. I’m not sure. I feel like it’s just the scale.

Henah:

That was my original thought when I heard the number. Once you laid it out like that, I was like, the amount of net pay she can keep for herself is probably larger than most people who make six figures but have to pay for rent and food. And all of that. She said that the whole family is extremely kind and caring, which is really hard to find in such wealthy environments. And I might join them in the future on their big trips, but I have not yet had the occasion. So I also get the sense that this is relatively new and that if she stayed on, they would probably bump her pay.

Katie:

Yeah, must say an amazing job. I know someone actually who did this for a really rich family in New York City in the early 2010s, but she wasn’t a nanny housekeeper assistant. She was kind of like an executive assistant for the family or a chief of staff type person. And I think she made $300k or $400k.

Henah:

Holy shit.

Katie:

So I mean, I know that these ultra-high net worth families have paid help that’s either live in or full-time job is just managing stuff for them, which is just insane.

Henah:

Just that level of wealth is something I can’t wrap my head around. So any stories around this, I’m always like, whoa.

Katie:

I do feel like the free market lovers in the audience are probably like, see, this is how letting people get really rich creates jobs because now you have how many people, five full-time employees of your family just for your personal life. It’s not even related to entrepreneurship. They’re just employees of the family.

Henah:

All I’ve learned is I need to rethink my career.

Katie:

Yeah, you’d be a pretty good executive assistant I think.

Henah:

Oh my gosh, thanks. When this all goes to shit, I’ll get your reference for that. Oh, thank you. Oh, four months of paid holidays. I’ll also take that too.

Katie:

Yeah, my American baby Boomer side comes out. When I hear that, I’m like, four months.

Henah:

Your ass could never.

Katie:

“No one wants to work anymore.”

Alright, well now that we’ve given you that homework, you need to go figure out what you would spend $100,000 a month on if forced and let us know. And that’s all for this week’s Rich Girl Roundup. We will see you on Wednesday.