Compulsive buying disorder is overspending on steroids. If overspenders are often worried about money, compulsive shoppers are constantly consumed by their money worries. Ironically, one of their only escapes is the act of shopping itself and so they obsess about it, experience irresistible impulses to do it, and lose control of their spending. Often, early [...]
Everyone makes a poor financial decision now and again. This is normal and, to the extent we learn from our missteps, even necessary. Single, isolated, or rare financial mistakes, never to be repeated, do not qualify as money disorders. Money disorders are persistent, predictable, often rigid patterns of self-destructive financial behaviors that cause significant stress, [...]
When we can’t seem to learn from our mistakes, when we can’t seem to do what we need to do around money, when we know better but can’t help ourselves, when we try to change and can’t, when our emotional response is more intense than the situation warrants—then it’s likely due to unresolved trauma. Often—but [...]
Our financial flashpoints, or intense emotional experiences relating to money, shape the money scripts – or patterns of thinking and acting – that we write for ourselves. And while each of us has flashpoints or experiences from childhood that shape our relationship with money, some of these experiences are more painful and traumatic than others. [...]
Financial Comfort Zone
Picture the neighborhood you lived in the longest. You probably got to know it pretty well. You knew where to get groceries. You knew the quickest way to get to the hospital emergency room. You knew the friendly neighbors and the not-so-friendly ones. You knew where the closest hardware store was. Drug store. [...]
- Dr. Brad Klontz
Just about everyone has a complicated relationship with money. Studies show that money is the no. 1 reason for divorce in the early years of marriage and a common area of conflict for couples. Even before the recession, 3 out of 4 Americans identified money as the no. 1 source of stress [...]
Wednesday, February 10 at 7:00 pm—Lecture/Signing by Dr. Ted Klontz-FREE EVENT
Do you overspend? Undersave? Keep secrets about money from a spouse or family member? Are you anxious about dealing with your finances? If so, you are not alone. Drawing on decades of experience Dr. Ted Klontz describes the twelve most common “money disorders” – like [...]
What kind of money disorders have you faced in our life and how did you overcome those disorders? We invite you to share your stories of change and transformation. Use the “post a comment” feature below to share your stories.
