Impulsive money spending doesn't help: Psycholgist's insights

Lots of people see impulsive buying as their personal type of therapy when they feel stressed, tired, or bored.

While it can temporarily lift their mood, it's not a great solution that can't actually improve their mental state.

Here are a few reasons why it's not actually a great idea.

Temporary Happiness

When you buy something impulsively, it might make you feel happy for a little while. 

But this happiness is often short-lived, and the good feeling tends to fade away quickly.

Financial Stress

Spending money without planning can lead to financial stress. 

If you buy things impulsively all the time, you might end up spending more money than you have. 

This can cause worry and stress about your finances.

Regret and Guilt

After the initial joy of buying something impulsively, you might start feeling regret or guilt. 

You may realize that you didn't really need the item, and the money could have been used more wisely.

Building Bad Habits

Impulsive spending can become a habit. Over time, it might be challenging to control the urge to buy things without thinking. 

This habit can affect your overall financial well-being.

Missing Important Goals

If you spend money impulsively, you might miss out on saving for important goals, like a vacation, education, or buying a home. 

Not reaching these goals can lead to dissatisfaction and disappointment.

Emotional Rollercoaster

Relying on impulsive purchases to feel good can create an emotional rollercoaster. 

Your mood might depend on buying things, which isn't a sustainable or healthy way to manage your emotions.

Long-Term Happiness vs. Short-Term Pleasure

True happiness often comes from long-term experiences, relationships, and achievements. 

Impulsive spending provides short-term pleasure but doesn't contribute much to long-lasting happiness.
 

• Related news:
• shopping
• stress
• therapy
• tips
• 22 November 2023

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