Hmmm....today is December 5, who has their holiday gift shopping done? Who has thought ahead, bought gifts during the summer, and saved them until the holiday? There are people like that, you know, and they are the envy of the rest of us who haven’t found even one gift yet! As the season approaches, the pressure begins to mount, reaching a high-pitch crescendo while the days pass and still no presents are purchased. Then it hits: power shopping and manic spending, and the credit card junkie takes over. Don’t let this happen to you! Don’t let frantic buying rock your holiday season! It is easy to get caught up in the frenzy and pretend that money is no object, that you just have to get one more little gift. The urge to splurge hits hard and suddenly your Visa card is your best friend...but later turns out to be your worst enemy.
Know the tell tale signs of addictive spending:
Check yourself and your spending habits – do any of these sound familiar?
Do you, year after year, spend more than you have? Do you go overboard and dig yourself into the winter dollar doldrums? Is the act of spending and buying emotionally charged for you? I don’t mean the emotion of feeling happy to find the perfect gift, I am talking about the rush, the surge, the panic, and the amped-up high that can accompany shopping. If this rings true, you may be addicted to spending.
The blind abuse of credit card spending creates a false sense of power, deceptive pleasure, and quick fixes. And, as with any quick fix, the downtime that follows is long and painful. Making payments in August for last year’s holiday gifts is a sad commentary. Unfortunately, the holidays can easily become a time to get into serious debt.
Take a good hard look and take responsibility to be financially sober this holiday season. Here are some checkpoints for holiday shopping and spending:
There’s still time to change your spending habits this holiday season. Enjoy the journey. Don’t get exhausted by this season, allow yourself to be present and make conscious choices.
Perhaps peace on Earth can extend to peace in your pocketbook.
Just a little Mountain TherapyCopyright © 2015 Nancy Pollard
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