Finance writer Remit Sethi says the problem with young people is they don’t know how to spend their money. “They blow their money on whatever, then reactively feel guilty about it the next day.”

If you look at your bank account and think, “I spent how much on what?” That’s how you know you aren’t spending consciously.

Treat money like Marie Kondo treats her sock drawer. Decide what things you care about and spend towards those endeavors — ferociously cut out everything else.

After looking over my bank statements and noticing the vacations, the shopping sprees, and the bar tabs. I asked myself a simple question: How much do I actually care about these things?

I like going out, but not that much. I only go out once a week now.

I like vacations, who doesn’t, but I’m really into hiking right now so I cut out all vacations unless hiking is involved.

As for clothes, I don’t even care about fashion! Let’s cut that out altogether.

I started spending my money on things I loved. Do you know what happened? I paid off my credit cards and I’m happier because I don’t spend money on stuff I hate.