There are other personality types too, like gamblers, repressed spenders and worriers.
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If we feel shame concerning money, we may splurge more to cover it. If we feel unworthy of all the money we get, we might feel shy to get what we deserve.
If we are passive about money, we won’t care about it and might even avoid it. Due to past traumatic experiences, we can perceive money as dangerous.
Matters of money is a struggle for many people and can even become a phobia. To deal with the phobia, many people are turning to financial therapists for help.
Financial therapy is a form of therapy that untangles the relationships with money by treating the emotional root of money stress instead of the behaviour itself.
Anything important in our lives is emotional. Our relationships are emotional. So our money is emotional.
The problem is when we think money is all about math. We think questions like, "Should I buy a house?, or "Should I negotiate a higher salary?" is purely mathematical.
We're commonly told that money is a "store of value," meaning a storehouse of past effort to use for future purchases. Really, money is a store of (productive) time.
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