Some people are born either with a "tight fist" or a "hole in the pocket" when it comes to money.
Much of our saving and spending inclinations come from our environment, as well as our inborn nature.
Whether nature or nurture make you what you are, fess up to it, and work with it.
You and your financial partner can divide up the money-handling task and get the job done.
One of you is better at buying less at the grocery store.
One is better at balancing the checkbook and paying bills.
Far better to become a super-saver who enjoys life, instead of a "big spender" who suffers financial stress.
Super-savers are sometimes considered to be "cheapskates" who do not know how to have fun with their money.
They could be diagnosed with S.
A.
D.
, Spending Anxiety Disorder! Nevertheless, a life of spending wisely does not have to be miserable.
Super-savers just do not want to be constantly distracted with consumption and debt.
Their solution: spend less than they earn.
The result can be: less stuff and more contentment.
Do you get close to paying everything off and then find you are back in the hole again? What is it that drives you away from reaching your financial goals and forces you to be a bondsman to debt? The easiest way to determine whether you're addicted to debt is if you find yourself thinking that you need to spend for a financed experience (such as a vacation), goods or services.
If you have a good job or a steady source of income there is (absent personal catastrophes) no need to be in debt.
Many tell themselves that they "need" something that requires going into debt or requires taking money earmarked to pay down debt.
The most irrational situation is when someone wants to escape from debt takes on more debt to help "cope" with debt.
One example is to go into debt by taking an expensive vacation to "de-stress" from a stressful job.
They return even more stressed out about the cost of their vacation! To add insult to injury, the stress can lead to overeating and health problems.
Reducing the debt instead of adding to it would have been a better solution.
All addictions have similarities.
Denial of the problem until it become so uncomfortable or so obvious that it can no longer be denied.
Strained relationships, stress, and eventually health problems due to the stress.
Everyone had a different "hit bottom" point.
If the problem with addictive behavior is not identified and treated before the bottom is hit, the long crawl back out of the bottom must begin.
It's sad, but "shopaholics" (otherwise known as "debtaholics") are currently coddled and celebrated in our consumer-driven society.
Addiction, however, is serious, gets out of control, and damages lives, sometimes permanently.
An addiction problem can be dealt with honestly and bravely, sometimes alone but more often with support of a friend, therapist, and or recovery group.
Debtors Anonymous and other addiction recovery groups are available to help.
If you need help, get it.
Much of our saving and spending inclinations come from our environment, as well as our inborn nature.
Whether nature or nurture make you what you are, fess up to it, and work with it.
You and your financial partner can divide up the money-handling task and get the job done.
One of you is better at buying less at the grocery store.
One is better at balancing the checkbook and paying bills.
Far better to become a super-saver who enjoys life, instead of a "big spender" who suffers financial stress.
Super-savers are sometimes considered to be "cheapskates" who do not know how to have fun with their money.
They could be diagnosed with S.
A.
D.
, Spending Anxiety Disorder! Nevertheless, a life of spending wisely does not have to be miserable.
Super-savers just do not want to be constantly distracted with consumption and debt.
Their solution: spend less than they earn.
The result can be: less stuff and more contentment.
Do you get close to paying everything off and then find you are back in the hole again? What is it that drives you away from reaching your financial goals and forces you to be a bondsman to debt? The easiest way to determine whether you're addicted to debt is if you find yourself thinking that you need to spend for a financed experience (such as a vacation), goods or services.
If you have a good job or a steady source of income there is (absent personal catastrophes) no need to be in debt.
Many tell themselves that they "need" something that requires going into debt or requires taking money earmarked to pay down debt.
The most irrational situation is when someone wants to escape from debt takes on more debt to help "cope" with debt.
One example is to go into debt by taking an expensive vacation to "de-stress" from a stressful job.
They return even more stressed out about the cost of their vacation! To add insult to injury, the stress can lead to overeating and health problems.
Reducing the debt instead of adding to it would have been a better solution.
All addictions have similarities.
Denial of the problem until it become so uncomfortable or so obvious that it can no longer be denied.
Strained relationships, stress, and eventually health problems due to the stress.
Everyone had a different "hit bottom" point.
If the problem with addictive behavior is not identified and treated before the bottom is hit, the long crawl back out of the bottom must begin.
It's sad, but "shopaholics" (otherwise known as "debtaholics") are currently coddled and celebrated in our consumer-driven society.
Addiction, however, is serious, gets out of control, and damages lives, sometimes permanently.
An addiction problem can be dealt with honestly and bravely, sometimes alone but more often with support of a friend, therapist, and or recovery group.
Debtors Anonymous and other addiction recovery groups are available to help.
If you need help, get it.
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