Financial wellness is not about having so many dollars in your bank account, but about being someone who behaves in a financially healthy way by spending, saving, and living better. But what about those unhealthy financial behaviors that sneak up on us? How do we face them head on, instead of sweeping them under the rug?
IF YOU RECEIVED A RAISE TOMORROW
WHAT WOULD YOU DO WITH THE EXTRA MONEY?
Most people would celebrate—maybe with a nice dinner out or a great bottle of wine, which you deserve. However, earning more should not always change your current or long-term spending habits. The problem is that our minds have the tendency to think we can (and should) spend it. This can quickly create a loss of context, consistency, and control.
These behavioral tendencies are often seen in clinical disorders, and can affect your financial health. They're also far more common than many realize.
Basic elements of common behaviors seen in personality disorders can trickle into the lives of even the healthiest of individuals and affect their day-to-day financial behavior.
