7 Steps to

Bad Spending
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“Hadriana is thoughtful, knowledgeable and approachable... Hadriana

was able to offer practical tips and useful information in a simple,
easy-to-understand manner, turning what can be an uncomfortable
conversation into an open and honest dialogue on how to achieve your
goals.”
Abigail S
Did you know that the ultimate result of bad spending decisions is
debt? And the most frustrating thing is that it’s so hard to get out of
debt once you get into it!

It was not that long ago that I was where you are today—looking for
answers and not knowing where to begin. Well, thanks to the work that I
have done for my own debt recovery and the work I continue to do with
clients, I can confidently say that this a good place to start.
The tips that follow are part of a proven system for spending correction
and debt reduction. Putting them into practice will help put a stop to the
actions that lead you further and further into disastrous money situations.
Turn the page and let’s begin!

www.hadrianaleo.com | info@hadrianaleo.com Tel: 416-856-5931

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First things first, preparation will save you a pretty penny. Ins-
tead of going to the mall to see what you see, go because you
Plan need something and you know specifically what that
Ahead something is.
The template below can be created as a note in your cellphone
for quick access or jotted down as a handwritten note
whenever you are getting ready to head out.

Shopping Mission Task List

Item 1 Where to Purchase Aniticpated Cost

Groceries No Name Emporium $235.00

Dinner Town centre mall $45.00

$280.00

www.hadrianaleo.com | info@hadrianaleo.com Tel: 416-856-5931

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Put boundaries around your spending by setting limits.

So, for example, knowing that you need a pair of winter boots
SET for this season, you might decide to put a spending limit of
BOUNDARIES $100, taxes included, on this purchase. With that decision
opportunities will open up.

1. Certain retailers may be eliminated because experience can

help to inform you where to go looking, thereby saving you

2. You can be vigilant for seasonal

deals that could allow for the Spending Limits
purchase of an investment piece
within your spending limit.
Item 1 Max Cost

3. Creativity will allow the exploration Boots $100.00

of alternatives that meet your needs
Patio Set $315.00
and align with your spending limit.
$415.00
Set some limits and see how creative
you get!

www.hadrianaleo.com | info@hadrianaleo.com Tel: 416-856-5931

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Thinking that you can get a Rolls Royce at a Hyundai price is

wishful thinking. Recognizing competitive prices will help you
Be to set your expectations, plan for your expenses, and recognize
Realistic a real deal when you see it. Paying a low price for garbage is
just as regretful as paying too much. First consider what you
want, then research where you can find it for the best price.

Feature Research Spending Limits

Features Store 1 Price Pros/Cons
Item Must Have Nice to have

Average Price

www.hadrianaleo.com | info@hadrianaleo.com Tel: 416-856-5931

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Okay, so you’re not literally sleeping on it, but you’re taking

some time to think through the decision, considering pros and
Sleep cons, present and future impact, etc.
On It
Sometimes sleeping on it takes days, weeks, even months. The
idea is to quell the immediate impulse and give yourself some
time to think. Some questions you should ask include

Do I still want this?

What do I like about it?
Can I live without it for now or forever?
Will this mess up any other payments?
Can I afford it?
Is this a good value?
You should only spend once you can look yourself in the mirror and be happy
with the purchase you will make.

www.hadrianaleo.com | info@hadrianaleo.com Tel: 416-856-5931

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What’s love (or any other emotion) got to do with it? Most of
the time, too much!
Park Your
Emotions Acknowledge the emotional components of spending deci-
sions but do not let emotions lead the decision-making process
or worse, not even realize that emotions are taking the lead.

What are the possible repercussions of using your money for

emotionally
Why do I want this?
driven purchases that you later Is this actually meeting a need or just
scratiching a itch
regret? Once the emotion is sated
or at least numbed, you look back
and you ask yourself “What was I What do I really want?
thinking?”. The better question Are you after the feeling or the item?
would be
“What was I feeling?”
How will you feel after the
Ensure that you have satisfactory purchase?
answers to these questions BEFORE
you spend: WIll you regret this later?

www.hadrianaleo.com | info@hadrianaleo.com Tel: 416-856-5931

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To help you stop and think before making purchase decisions

use these resources below. They are designed to be used in
Additional your wallet or on your money clip.
Resources Cut out the card and insert it in front of your most used
payment card (credit card, debit card, gift card, etc.).
Cut out the dollar bill and insert it in the cash section of your
wallet or money clip.

STOP STOP

Time for a Spend Check!

Time for a Spend Check!

www.hadrianaleo.com | info@hadrianaleo.com Tel: 416-856-5931

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I am a wife and a mother and I have seriously struggled

financially! In fact, I was a financial services professional,
giving other people financial advice and my personal finances,
my spending and debt, were an absolute mess (*gasp*)!

I know what it’s like to have spending and debt get so far out of
hand that you don’t know how you can ever begin to recover. It
was not until life dealt me a few tough lessons that I made the
decision that enough was enough. Something had to change.
Whatever circumstance has brought you to this guide know
that I’ve been there. The tips that I share are what has helped
me and my clients to create healthy spending habits. I got
myself out and now I am helping my clients to do the same.
“After meeting with her I am so excited about my financial future and have a
concrete plan for achieving my financial goals!... If you are making money and
have no idea where it is going, or have goals for your future but have no idea
where to start go see Hadriana Leo - Money Navigator.” Andrea S

To book your own 15-minute personal assessment of your current financial

situation and how I can help you quit bad spending and stop increasing debt,
go to https://bit.ly/Ready-Fit.

www.hadrianaleo.com | info@hadrianaleo.com Tel: 416-856-5931