How to Spot Spending Problems
Do you come out of a tiring day longing to go to the mall, or buy yourself something nice? Have you ever caught yourself spending out of anger, to teach someone a lesson, or to seek revenge on a partner/spouse? Do you ever turn to shopping or online purchasing to relieve boredom, alleviate sadness, or because you just can't help yourself? If so, these may be some red flags that point to a spending pattern that could be harmful.
There is help out there--counselors, financial advisors, or recovery/support groups such as Debtors Anonymous or Spenders Anonymous.
Melissa Hammel, CFP, LPC/MHSP temp NAPFA-Registered Financial Advisor
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