You don't have to think or feel this way, thanks to a flexible personal finance approach called conscious spending.
But a conscious spending plan allows you to say,"Yes, I want to go on vacation. Yes, I like nice clothes. Yes, I'm going to spend on these things guilt-free. I'm also going to invest, save, and make sure I can cover my rent," Sethi said. What's most important in undoing unconscious spending is asking yourself specific questions about your financial goals and life desires: Where has my money been going? What do I love spending money on and why? How much do I need for fixed expenses, such as bills and rent? How much do I want to invest and save, and why? How much do I want to set aside for impulse buys or charges, such as drinks with a friend or a parking...
Your answers to these questions make up what Sethi calls your"rich life" -- your life and financial goals that are unique to you, not influenced by what anyone else thinks you should do.