Tag Archives: Emotional Spending

Emotional Spending

Why does spending money makes us feel better? For many, going shopping is a type of cure for the blues. Just like using food as a stress reliever can wreck havoc on our diets, using money to cure depression can destroy your budget. When the kids are whining at the store, do you promise them a new toy if they calm down? This is the beginning of teaching pleasure in spending. Stop it with yourself and your entire family. One of the fastest tips to cure the emotional spending bug is to not carry your cash or money with you, … Continue reading →

Why Do You Spend Money?

Why do you spend money? This is an important question to ask yourself because it really determines how you make your financial decisions. If you have a spending problem it is important to get to the root of the problem. You may need to seek professional help if you are a true compulsive shopper. You may need to cut up your credit cards if this is a big problem for you. I have listed four unhealthy reasons why people spend money and ways to address them. 1) One common reason that people spend money is that they are depressed and … Continue reading →