We all have reasons why we spend and apart from the essentials in life many of us enjoy to spend for diverse emotional causes.
Just as some people 'repay' themselves or discover solace in chocolate there are several more who spend money in reaction to certain emotions.
Are there instances in your life when something has occurred where you instantly feel like you need to go out and celebrate by either buying something or having a meal at an overpriced restaurant?
Most people buy tangible items in an endeavour to make them feel greater about themselves.
It is not unusual for people with low self-respect to spend money on items that they believe will give other people a greater impression of them.
People buy high-priced automobiles or yachts to supercharge their ego.
A few people buy while they are elated and some people purchase while they are sad.
Many people these days purchase without any idea about the future and the fact that they are going to have to pay back the debt that they have just obtained today for the following year more or less. Impulse purchasing can be especially risky as it is generally for items that you don't need and the debt that accompanies these types of purchases is something that you unquestionably don't need and will perhaps rue for years.
If you are able to define accurately why you buy then you will be in a good deal more restraint over your financial future and you will realize that the short-term benefits that you acquire from your buying flings are for sure outweighed many times over by the tension and concern of the financial load that they bestow upon them.
It could even be necessary to consider a professional for consultation to assist you modify these bad habits that are acquiring you into financial discord on a day-to-day basis.
Generally they are just terrible habits and we are oblivious of what we do a lot of the time.
