![]() It's a thrill that numbs the real world - until the debt comes due. Obsessive shopping can become an addiction for anyone, male or female. Shoppers consider shopping a hobby, a form of relaxation, and a necessary step toward social status. The "Real Housewives" franchise could also be dubbed extreme shoppers. Real Housewives of Anywhere, the shoppers Consider speaking to a financial therapist who could help you get to the root of why you toss money around like confetti and so develop a healthier relationship with your finances.ģ.Make an appointment with a financial counselor who will provide a picture of what life would be like if you allowed your money to work for you.Make a detailed budget and track your spending so that you can see when you're splashing out on things you can't afford. Look at ways to get your spending under control.They're the most likely to dive into an investment that sounds too good to be true (mostly because it is too good to be true) and fall for get-rich-quick schemes. The truth is that most big spenders rely heavily on debt to make themselves look good - and looking good is what it's all about. Or, if status means the world to you and you can't imagine being caught in public without designer clothes or premium kicks, you may be a big spender. Maybe you find yourself caring a little too much about what people think of your car and house. He's the character who made a rallying cry out of the phrase, "Greed, for lack of a better word, is good." You surely know someone who's always flashing their cash around, or an old friend who's dripping in jewelry. Gordon Gekko is the epitome of '80s culture. Building your credit score is the best way to lower the interest rates you pay on any debt, which will put more money in your pocket. Check your credit report, dispute any errors, and make sure your bills are paid on time.Plan a time each week to review your budget and make sure everything is paid.Don't overthink it - sit down today and map out your income and expenses and look for fun ways to live within your means. Break free from the mental blocks that are stopping you from creating a simple budget. ![]() If you would rather have your teeth pulled than organize your finances, it's time to stop putting it off. In fact, even some of the people who bring in the big bucks still live paycheck to paycheck. You are not alone - many Americans struggle to keep on budget. If you don't keep track of where your money goes, will do anything to get out of planning a budget, and often spend more than you earn, you may be an avoider. Scarlett O'Hara, the avoiderĪs I sit here researching money management types, I can't help but think of Scarlett and her habit of dealing with issues "tomorrow." She was the ultimate avoider. More: Save while you pay off debt with one of these top-rated balance transfer credit cards 1. Save: This credit card has one of the longest 0% intro APR periods around
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