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The central thesis for this episode is that when you think you have a spending problem, what you probably have is a purpose problem.\xa0\nThis week, we\u2019re getting philosophical\u2014and I\u2019m diving into a series of realizations I had when transitioning from Spendy McSpenderson to Sally Saver, about the role money played in my life pre- and post-\u201dbaptism by FI/RE.\u201d (See what I did there?) I also chat with mindset and manifestation expert Haley Hoffman Smith (https://www.haleyhoffmansmith.com/) on the void money creates and what we should be aiming for instead.\nIt\u2019s one of the more vulnerable episodes I\u2019ve published, but my hope is that it\u2019ll inspire you to reflect in a way you haven\u2019t before about your relationship with materialism and its role in your sense of self.\n\u2014\nCORRECTION/CLARIFICATION: \nThanks to an email from astute listener Emily T., it has come to my attention that my answer for today\u2019s Rich Girl Roundup could be a bit misleading to the point of being wrong depending on how you inherited your individual stock. The answer given in the video is relevant *if the relative who gifted you stock is still alive.* If your relative who gifted you stock has passed away, then your cost basis actually receives something called the \u201cstepped-up cost basis\u201d treatment, which means the amount you inherit at the time they pass is the new cost basis. If you were to sell that immediately, you\u2019d incur no capital gains taxes.\nWe have re-recorded a clarification that\u2019s now live in the episode, but we apologize for the confusion.\n\u2014\nMentioned in the Episode\n- The Hot Girl Hamster Wheel: https://www.instagram.com/reel/Cc5dZNLvRNN/ and https://moneywithkatie.com/blog/high-maintenance-is-expensive-how-i-went-from-a-320mo-girly-budget-to-a-negligible-one\n- Brad Yates: https://www.tapwithbrad.com/\n\u2014\nFollow Along\n- Listen to Money with Katie here: https://www.podpage.com/money-with-katie-show/\n- Read Money with Katie: https://moneywithkatie.com/\n\nFollow Money with Katie!\n- Instagram: https://www.instagram.com/moneywithkatie/\n- Twitter: https://twitter.com/moneywithkatie\n- TikTok: https://www.tiktok.com/@moneywithkatie\n\xa0\nSubscribe to Morning Brew\n- Sign up for free today: https://bit.ly/morningbrewyt\n\nFollow The Brew!\n- Instagram: https://www.instagram.com/morningbrew/\n- Twitter: https://twitter.com/MorningBrew\n- TikTok: https://www.tiktok.com/@morningbrew\nLearn more about your ad choices. Visit megaphone.fm/adchoices