Take a second and think about how you feel emotionally when you spend the most, or spend the most carelessly? What are your spending triggers? Happiness, anxiety, jealousy, depression? When I think about myself, I spend the most when I’m in a funk. When I’m having a great day, I spend the least because I’m more appreciative and see less value in spending on nonsense. When I’m feeling down, I spend the most. I look to spending to make me feel better. This is something I had to recognize about myself to regain a positive control over my emotions and my spending habits.

As wives, mothers and women of business spending carelessly can damage not only our financial security, but our stability as well. We can’t control anything on unstable ground.

Whether we want to admit it or not, more of us than not have an emotional attachment to money. When your bank account is reaching 0, how do you wake up feeling versus when your bank account is $1,000 or more. Are you starting to see the emotional attachment? Whether happy or sad, there still lies emotion.

We must first realize our emotional connection to money. We all react differently. But we must put ourselves in check.We must also realize that with every realization and growth comes sacrifice. Set goals for our finances and follow them to reach our desired individual growth.

Lets change how we think about spending. Our triggered emotions may tell us this new bag is coming out and I got to have it, even if I have to be broke for a week. Our controlled goals should tell us to invest that money in a way to make more money. Then, we won’t have to go broke buying anything.

We should weigh out any altering financial decisions. Any financial decision is going to cause some type of stress or anxiety. So when making large purchases or investments, take all the time you need. Make sure you fully understand your purchase or investment and what you are gaining and what you are giving up.

When trying to maintain our financial goals, we must be honest with our self. If you are happy spender, start a happy fund. If you are an angry spender, start an angry fund… you get the picture. Set a certain amount of money aside for small emotional spending and stick to it. Not only will this help control your finances, it will help control your emotions and their attachments to money.

Now when I’m in a funk, I remember how far I’ve come financially. Pick me ups have come in small monetary forms such as coffee or donuts. I won’t wake up tomorrow regretting my funky mood today.

So I’ll ask you again… what are your emotional spending triggers? Are your emotions controlling your spending…or are you controlling your emotions?


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