In this episode of Positive Solutions 4 Life, Peggy Meyer explores how our mindset around income and spending can either set us free or keep us stuck in financial stress. Most people round up their earnings, round down their expenses, and focus on gross instead of net income. This creates a hidden 10–20% gap that leads to overspending, debt, and constant anxiety.
Peggy breaks down:
-
Key statistics on income, spending, and debt in America.
-
The top 5 reasons people get into debt.
-
Why financial stress is so common—and how to escape it.
-
A practical solution: stop rounding, focus on your net, and learn to live below your means.
If you’ve ever felt like the math just doesn’t work in your finances, this episode will help you see why—and what to do about it.
What You’ll Learn in This Episode:
-
The difference between gross and net income—and why it matters.
-
The top reasons Americans end up in debt.
-
How rounding numbers in your mind creates financial blind spots.
-
Steps you can take today to reduce stress and create financial peace.
Connect with Peggy Meyer: 🌐 Website: positivesolutions4life.com
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!