SPENDING ADDICTIONS

Many people view frugallity in the same light of scarcity. However the concepts are quite different.  Being frugal is defined as paracticing thrift and avoiding waste. Thrift is the prudent use of money and goods. On the other hand scarcity refers to an insufficient supply.

Frugality should be viewed as the solution to overcoming spending addictions. We often respond emotionally to situations by shopping, spending more money then would would normally do.  This emotional response is what needs to be treated in order to control overspending.  However one of the problems of treatment is that we as humans tend to respond emotionally to change. This can either harm us or propel us to success.

What can we do to make sure that change does not produce a negative response?We must at most implement small steps that we does not threaten us or produce a negative emotion.

How can you use this to control a spending addiction?

The key is to implements change in small stages, one day at a time. What one step can you do today that will help you change your spending pattern?

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