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When emotions lead you to lose money

Can your emotions lead you to lose or win money? In this article we will address some of the processes behind the waste of resources

Actions, such as winning or losing money, are closely related to emotions. In most cases, this resource is not obtained or is wasted for objective reasons. In this sense, we could say that money is a symbolic object; As such, it originates in our minds different ways of meaning and managing it, taking into account that it is a practically universal form of barter.

What leads us to earn or lose money are decisions what do we take. Beyond the eventual lack of resources, or their excess, what defines everything is the way in which we manage it. Money has acquired the status of a fetish, as we live in a world in which everything, little by little, has become an object of commerce.

Many people have been marked by a kind of combination between lack of money and deprivation. affective. Perhaps her parents had to leave them alone to go to work, in order to get money to survive. It is also likely that at some point they have felt humiliated by the lack of resources. In those cases, particularly, money becomes a complex problem that often leads to more and more problems.

Losing money and simulation

One of the factors that leads us to lose money is rejection or contempt for the life we ​​lead. Wrongly, one comes to the conviction that it is the lack of economic resources that gives rise to this vital dissatisfaction.

According to Motterlini, M., & Somajni, C. (2008) there is the fancy that self-worth would increase if we had more money. In fact, there is a strong tendency to link money with personal satisfaction. The person becomes unable to imagine pleasant situations that do not involve spending money. And since their resources are limited, dissatisfaction becomes a way of life.

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Many times they “solve” the problem by trying to simulate a life without lack. They feel a powerful attraction for all those objects that are symbols of status. They lose money by spending it on unnecessary objects or companies. Your goal is to experience “what it feels like to have a lot of money” and perceive yourself, even for a moment, as someone more fulfilled.

Lose money as compensation

It is a similar situation to the previous one. The difference is that In this case frustration leads to impulsive or compulsive behaviors. Under this category are those who literally cannot stand seeing a product on sale and not buying it. Hoarders of useless objects who are governed by the feeling that they have to buy more and more unnecessary objects.

They are unconsciously trying to satisfy other, deeper needs. But since they have not realized this, theirs is a bottomless barrel. Their appetite to acquire new products, or more money, is insatiable..

Supermarkets love these types of consumers and help them lose money with little tricks. They bombard them with advertising of non-existent sales (they artificially raise the price, and then pass off the normal price as a great offer). They give them facilities to acquire everything. In the end, These buyers manage to pay the bills, but they still feel empty. And they begin the perverse cycle again.

The return of lack

There are many unconscious factors involved in money management. Nowadays, it appears more and more related to the concept of happiness through consumption.. The fantasy that the vile metal has the power to repair a broken self-esteem also prevails. Or that allows us to give meaning to a reality that seems discouraging to us.

Therefore, losing money is usually the consequence of having reserved a leading place for it. It is paradoxical, but the excessive desire to have money leads to losing money. The difference between the real value of this resource and the meaning given to it leads to erratic or unintelligent actions. In these cases, money, especially through consumption, is used as a means to resolve difficulties of another order.

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However, economic matters are the least suitable for emotions to come into play. And when it comes to confused and neurotic emotions, the danger is even greater. The problem is that those who are victims of these logics do not realize it. That’s why, losing money ends up becoming something normal. Finally this reaffirms the dissatisfaction and makes the shortcomings re-experienced in all their rawness.

The word itself is “would increase.” What is said there is precisely that money is not the problem, but rather that unsatisfied desire that increases and increases because it does not fill that void. And that money is just a smokescreen.

Suggestions to avoid losing money

Below we will give you some recommendations so that your emotions do not cause you to lose money:

Identify your emotions. When you are going to spend money due to an emotional outburst, ask yourself how you feel. Try to name your feelings. Recognizing and labeling moods could help you control what you are feeling.Take some deep breaths, then look directly at your emotions from a place of love and acceptance. If you are experiencing a negative emotion (anxiety, jealousy, sadness), ask yourself what purchasing this item will do for you.Cope with your emotions in a healthy way. A negative emotion can lead you to spend money as a mechanism to alleviate the discomfort they cause. Rewarding yourself when buying or spending on something you want is an easy way to release one of the neurotransmitters associated with pleasure and happiness: dopamine. The next time you want to spend money because you want to feel better, consider less expensive options: going for a walk in nature, playing a sport, visiting a friend, watching a movie, etc.Take a rest. When you’re thinking about making an emotional expense, take a break before you buy. If you’re browsing online, put the product in your cart and then walk away for a few hours.Make a budget for “emotional expenses.” Emotional spending is not always bad and is an acceptable habit to engage in from time to time. It’s okay to reward yourself with something special as long as you don’t do it out of compulsion.

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The relationship between emotions and losing money: Final thoughts

Ultimately, earning and losing money may be just a smokescreen.. Perhaps deep down money is not the problem, but rather that unsatisfied desire that increases and does not fill that void. It would be this emptiness that precisely maintains desire dissatisfied. Thus, money would eventually contribute to covering up difficulties and suffering that they do not know or want to face.

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All cited sources were reviewed in depth by our team to ensure their quality, reliability, validity and validity. The bibliography in this article was considered reliable and of academic or scientific accuracy.

Adès, J., & Lejoyeux, M. (2003). The new addictions: internet, sex, gambling, sports, shopping, work, money. Kairós Editorial.Aparicio, A. (2009). Happiness and increasing consumer aspirations in postmodern society. Mexican Journal of Sociology, 71(1), 131-157.Gutiérrez, M., & Martín, FF (2007). The emotional perception of money as a determinant of savings or debt behavior. College of Economists of La Coruña.Hinvest, NS, Alsharman, M., Roell, M., & Fairchild, R. (2021). Do Emotions Benefit Investment Decisions? Anticipatory Emotion and Investment Decisions in Non-professional Investors. Frontiers in Psychology, 12.Motterlini, M., & Somajni, C. (2008). Emotional economy: What we spend money on and why. Paidós.Weir, K.(2020, April 1 ). Nurtured by nature. American Psychological Association. https://www.apa.org/monitor/2020/04/nurtured-nature#:~:text=%E2%80%9CYou%20can%20boost%20your%20mood,not%20physically%20immersed%20in%20nature. %E2%80%9D

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