Title: Why You Feel Guilty When You Spend Money And How To Stop
Headings: Why You Feel Guilty When You Spend Money And How To Stop
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Content: Personal Finance
I write about the intersection of psychology and money. Share to Facebook
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Do you feel guilty when you spend money? Photo by Rakicevic Nenad on Unsplash
When I ask people how spending money makes them feel, so many of them respond, “Guilty.” They’ll give an example of how a rough day at the office led to buying a pair of shoes online or how they got a little carried away at their friend’s bach party in Vegas. But spending your hard-earned money on something you enjoy should be exciting, not regretful. So why do many of us feel awful when we spend money, even if it’s on something that actually makes us happy? How To Start Enjoying Your Money Guilt-Free
A big reason why people feel guilty about spending money is they fear that it could be going towards something better or more important. This feeling is usually the result of a lack of planning. When you’re not sure if the $100 you just spent on shoes was part of your grocery budget or dream-home down payment, no wonder you feel guilty. To combat this, limit impulse purchases by having a plan for each dollar in your paycheck.