LibraryScenariosHow emotional spending becomes a self-perpetuating cycle
Scenario

How emotional spending becomes a self-perpetuating cycle

I keep buying things when I am sad or stressed and then I feel worse about the money I spent which makes me want to buy more things

Zera
Online
The coach is replying

More people experience this than they realize.

What we've seen

Using consumption to regulate emotional states creates financial consequences that generate more distress, requiring more consumption.

Ideas that help explain it
Worth thinking about

“Where Are You with Money in your 20s — the foundation decisions?”

If this sounds familiar, the Library can help you find the bigger picture.