Okay, so due to my parent's consistant lectures when I was a child, I now can't spend money. I hoard it. I know that money exists to be spent or donated and it won't do any good once i'm old and dead, but for some reason, I can't separate from it. How do I learn to spend? (Currently I spend money on something I find unique...which is like once or twice a year). And yes, my parents still lecture me when I buy a shirt that costs 8 dollars.
2006-12-13 17:10:59 · 16 answers · asked by CrazySnail 4 in Business & Finance ➔ Personal Finance
I would say go volunteer somewhere..soup kitchen, homeless shelter...children's hospital..brothers and sisters club...going there and helping I would think may be a way to warm your heart and allow you to give or donate and feel good knowing perhaps you made a difference in someones life...
as for doing for yourself...set small goals for yourself..things you want to do in life or bad habits you'd like to break (aside from this one) and set a reward for yourself for when you complete that goal...maybe the fact that you'll have felt you earned it by doing something positive for yourself will allow you to feel like you can splurge and pamper yourself....
2006-12-13 17:20:33 · answer #1 · answered by Jessies Girl 2 · 0⤊ 0⤋
Interesting question.
Congrats. You are the opposite of 99.9% of Americans. Interestingly you fit the spending profile of the "typical" Asian consumer. I would ask yourself first how do you feel when you spend? When you save?
While your parents help you know why you started to "hoard" money, your own internal reward system maintains this behavior reinforcing it further.
There is nothing wrong with buying unique items; however, consider "spending" on investments or charities to start. The deferred gratification may feel good too. If you spend on a ETF that invests in socially responsible companies your spending helps the environment and society. If you spend money on a homeless shelter, you may find it rewarding.
Its ok to hear your parents, but listen to your needs too.
Good luck!
2006-12-14 14:58:52 · answer #2 · answered by korax777 2 · 0⤊ 0⤋
Hoarding money is the opposite of spending more than you have, and is one extreme vs. another.
You don't give us a clue as to your age, marital status, amount you have or other relationships such as friends, etc.
One very practical, enjoyable way to rid yourself of this excess, is to travel.
Pick some destination, you have always wanted to see in real life, then go. The redwoods of California, just north of San Francisco, the Eiffel Tower, Westminster Abby, St. Peters in Rome, or Bavaria.
Surely, there is one place you'd like to go, whether it's to see something, or do nothing but relax on a beach, or cruise the Caribbean.
Come visit me, and bring some cash.
2006-12-14 02:33:33 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Hye just hold on to all your hoarded money, I wish I did as a child!
I think if you hold onto it, if you thought about it, by the time you are 18 or 21, you caould have a supremem down payment on a condo or house!
Now wouldnt that be cool, owning your own home at 18 or 21! Hell I m26 and I still cant afford a home!
Besides little things end up as garbage anyways.
2006-12-14 03:15:51 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Beg your pardon; but your parents are likely to leave this world earlier than you; what then? Do let them know how you feel about their consistent lectures and the effect(s) these lectures have on you. I believe they are the best people to help you. By the way, being a saver, to me, is better than being a spendthrift; lesser problems in the future if you are the former.
2006-12-14 02:34:36 · answer #5 · answered by Alfretz T 3 · 0⤊ 0⤋
Pay your bills.
Pay yourself for your long term saving
Pay yourself for your short term saving.
Pay yoruself for fun. decide how much you will give your self for fun money, maybe 100 a month or a week or whatever you budget. It doesnt have to be a lot, but you should be free to buy a shirt.
Remind yourself. You are an adult.
those were their values.
Define YOUr values.
Write them down.
Carry them around.
When your mom gives you a hard time, you can say.
Mom, I actually have prioritized my finances. I know where every dime goes, and where it is supposed to be. The 80 dimes it took to buy this shirt are exactly where they are supposed to be.
Be responsible with your money.
AFter that, it is their problem, not yours.
2006-12-14 01:16:51 · answer #6 · answered by batwanda 4 · 2⤊ 0⤋
YOU are no longer controlling your money...IT IS CONTROLLING YOU!!! And your parents are enabling this behavior. It's good to save, to invest, and to think about the future...but not to the point where it is robbing you of the present. When your parents start the lectures...remind them that they've raised you and now you're an adult. Start thinking for yourself, and learn to enjoy your life (and money)
2006-12-14 01:15:21 · answer #7 · answered by Anonymous · 1⤊ 0⤋
your parents are retarded and you need to grow a mind of your own. saving money is a great thing, but to get lectured on an 8 dollar shirt is ridiculous. spend wisely but it's your money. do with it what you wish.
2006-12-14 01:13:44 · answer #8 · answered by Joe 5 · 1⤊ 1⤋
Sounds like you're in better shape than most of us. Hang on to your money, so you will be able to care for yourself or your family in case of emergency or illness. Or investigate setting up a trust or planning beneficiaries for your will.
2006-12-14 01:15:17 · answer #9 · answered by Melanie D 3 · 0⤊ 1⤋
the best way you could learn how to spend money is get a girlfirend or even married.... you will learn lessons of spending money that you didnt wanna know....
2006-12-14 01:15:25 · answer #10 · answered by Kevin M 3 · 0⤊ 0⤋