Smart Shopping: How to Spend and Save to Live Your Best Life with Trae Bodge

The Power of the Ask

This Power of the Ask podcast episode features smart shopping expert, lifestyle journalist and TV commentator Trae Bodge.

With a passion for helping people save and get the best value for their money, Trae has been featured on national and regional news, sharing her expertise in smart shopping, saving money, and setting financial boundaries. She not only teaches others to be mindful of what they spend and how, but she also walks the talk. Trae calls herself a notorious penny pincher but notes she doesn’t sacrifice style or fun. She encourages open discussions about financial boundaries, setting spending limits, and creating allowances.

On the podcast, Trae provides practical tips for smart shopping, including timing purchases for sales, using deal sites, earning cash back, and leveraging credit card points. She highlights the significance of regular savings for emergencies, vacations, education, and retirement. At the same time, Trae emphasizes the balancing act between saving and prioritizing yourself, saying it’s important to enjoy life while creating joy for others.

As the mother of a teen, Trae understands that teaching kids about money is the key to preparing them for a financially independent future. She shares ideas on teaching them about identifying money, understanding its value, and distinguishing wants from needs. For adults, she suggests setting personal spending limits, shopping in their closets, and making saving a positive habit. Trae concludes by discussing the importance of saving for both short-term needs and long-term goals, encouraging listeners to adopt mindful spending habits and utilize available tools to enhance their financial well-being.

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About Trae Bodge:

Trae is an accomplished lifestyle journalist and TV commentator specializing in budget-friendly living, personal finance, family travel, and retail for more than a decade. She has appeared on-air over a thousand times, including GMA, Today Show, NBC Nightly News, CBS Mornings, Inside Edition, and network affiliates around the country. Her writing and expert commentary have appeared in Forbes, Time, Marketwatch, MSN, USNews.com, Kiplinger, Yahoo, and numerous others. Her money-saving tips can be found online at truetrae.com and at @truetrae on IG, FB, and Twitter.

Trae was selected as a founding member of the Kiplinger Advisor Collective, named one of 5 Black Financial Influencers to Follow in 2024 by Nerdwallet, one of 10 Best Savvy Shopping Bloggers for 2024 by Cardrates, a Top Voice in Retail by LinkedIn, and a top personal finance expert by GoBankingRates and FlexJobs. In 1997, she co-founded the cult cosmetic brand, Three Custom Color Specialists and is co-founder of the media coaching firm, One Take.
Important Links:
Savvy Ladies
Lisa Zeiderman, Esq., CDFA, CFL - Forbes Business Council | LinkedIn
Precious L. Williams - Perfect Pitch Group | LinkedIn
Trae Bodge |Linkedin

פרקים

1. Introduction (00:00:00)

2. Living Within Your Means (00:02:00)

3. Balancing Your Budget & Self- Care for Moms (00:03:53)

4. Mindful Shopping Techniques (00:05:22)

5. Maximizing Savings with Technology (00:11:14)

6. Teaching Smart Money Lessons to Kids (00:14:20)

7. Controlling Adult Spending Habits (00:17:12)

8. Smart Savings Strategies (00:21:35)

9. Maximizing Shopping Rewards and Savings (00:29:36)

10. Mindful Shopping and Social Spending Traps (00:36:17)

11. The Power of the Ask (00:38:53)