Comments on: Overcoming Emotional Spending

By: Emotional Spending

Emotional Spending — Sat, 19 Jan 2008 20:58:30 +0000

[...] I’ve been reading a lot about ‘emotional spending‘ how to curb it, how to control yourself, etc. I feel that a lot of financial information is rather logical and [...]

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By: Queercents » Are You Bankrupting Yourself and Your Children?

Queercents » Are You Bankrupting Yourself and Your Children? — Thu, 05 Jul 2007 19:32:55 +0000

[...] Let’s face it, most money faux pas happen because we are driven by our emotions. We have some emotional need we’re not getting met in a healthy way so we freak out and engage in emotional spending. While I am not a parent, I’ve been a kid and observed enough to know that for parents the emotional pull to spend on the kids can be tough to get a handle on. After all, there is no manual for parenting, and certainly no book to teach LGBT families how to do it perfectly, so we’re all out there just trying to do our very best. Even with great resources like Mombian, there is no one way to raise a family, even an LGBT one. Add to that the insane peer and societal pressure for a kid to keep up with the Sally and Billy’s in the neighborhood school, it can stress a parent out to the max. While you can teach your kids the value of money and disengage from the spending cycle to some degree, it is still tough for a young kid to march out in the world feeling different because they not only have two mommies or two daddies but also because they don’t have the same types of clothing, toys, or other goodies as the other kids. As adults we should know that it is not the sneakers, jeans, or fancy vacations that matter most. Yet we bend under the challenge of taking the high road (even though it is ultimately more rewarding) as we raise a family. [...]

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By: » 65th Festival of Frugality on the Festival of Frugality Blog

» 65th Festival of Frugality on the Festival of Frugality Blog — Tue, 13 Mar 2007 12:56:20 +0000

[...] Paula of QueerCents has a good psychology post on Overcoming Emotional Spending. Mr Credit Card writes a post about how you can save money by going to the library. The Frugal Duchess saves 20% on groceries by being in an Organic Food Co-op for the last seven months. [...]

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By: DivaJean

DivaJean — Wed, 07 Mar 2007 14:34:24 +0000

I tend to find that when it comes to emotional spending, I spend on others. Extras for my kids, picking up coffee for friends, unexpected gifting- you name it. I have come to a time now where I have a mantra in my head when I am about to buy something for someone- "This is not about buying love or friendship.." then I make myself think through the purchase before it happens. I really don't need to buy more junk for the people in my life- just be there with them when they need me!

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