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Also seefive ways to break poor money habits now.
Basically, individuals are spending to either fill a void or numb themselves, which only compounds the problem.
These self-sabotaging behaviors may look like spending in secret or spending exorbitant amounts on others.
That cycle can then continue on and on.
Less Long-Term Planning
Financialshame and guiltresult from past and present actions, Dorman explained.
We do not feelFinancial shame and guiltabout future actions or actions that have yet to occur.
Whats more, shame and guilt are rarely motivators forsustainable behavioral change.
Without the proper resources, knowledge or support, individuals can wind up digging the hole even deeper.
How Can You Overcome Shame and Guilt?
Remember, its incredibly common to make financial missteps.
You are not alone.
From there, others can assist with shifting perspective and setting specific goals.
Another tactic for overcoming unwelcome feelings is the outside-in approach.
Just begin with small actions and allow the momentum to empower you to take larger ones.
Chaffin also recommended checking in on your finances regularly.
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