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Pretending & Spending
Manage episode 339797288 series 3309981
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Pretending hides problems.
Especially financial ones.
Which escalates a pretending and spending death spiral.
But there is a way to address and reverse that.
It requires pulling up some plants to look at the roots of the problems.
Most of the roots are emotional.
Much of the root of the problem is behavior.
In todays podcast, Dr. Chelsea Adams and I pull on a few of these roots.
We may even hit a nerve or two.
♤ Immediate gratification
♡ What other people think
◇ Make yourself feel better/feel better about yourself
♧ Covet and compare
♤ Want what you can’t have
♡ Can’t buy love
◇Money doesn’t buy happiness
Immediate gratification, for example, misses the power of compounding interest. Instant gratification seeks immediate returns making some bitcoin speculation and day trading closer to gambling rather than long term investing.
Perspective helps keep us from panic. It keeps us level headed when life seems upended. It stops the doping by shopping and pretending & spending.
Find out more about a simple behavior changing habit stacking solution in today’ podcast.
Take a personal inventory.
And start your streak today!
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