When Long-Run Emotional Spending Is Not Soothing

Emotional spending is nearly always a mistake.
When Long-Run Emotional Spending Is Not Soothing
The happiness of shopping doesn't last as long as we'd like. WHYFRAME/Shutterstock
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Years ago, I discovered money was a great antidepressant. I spent to change my mood, to reward myself, and to make myself feel better after a stressful week. I spent money when I felt sad and when I felt glad. I spent to get approval, to make my kids more popular, to impress people I didn’t even know. The list goes on and on.

Who hasn’t indulged in retail therapy? Case in point: the 48 pairs of shoes in your closet, of which only three pairs are comfortable enough to actually wear. Emotional spending is nearly always a mistake. The adrenaline rush lasts about as long as it takes to walk to the car. The feelings of guilt and remorse set in soon, sending your emotions on yet another wild ride.

Mary Hunt
Mary Hunt
Author
Mary invites you to visit her at EverydayCheapskate.com, where this column is archived complete with links and resources for all recommended products and services. Mary invites questions and comments at https://www.everydaycheapskate.com/contact/, “Ask Mary.” This column will answer questions of general interest, but letters cannot be answered individually. Mary Hunt is the founder of EverydayCheapskate.com, a frugal living blog, and the author of the book “Debt-Proof Living.” COPYRIGHT 2022 CREATORS.COM