Make a Spending Habit, Break a Spending Habit!
Feel like a hamster on a never-ending-habit treadmill? Losing weight and keeping it off has always been tough. But bad spending habits can be just as challenging and destructive. Now there are Apps like Urge or Make a Habit, Break a Habit to make it easier to stay on track.
What kind of bad money habits do you have? Are you an unconscious spender? Do you go to the mall and two hours later have bags of purchases and you can’t really remember what exactly you paid for them? Are you an unconscious spender or secret shopper? And, I don’t mean the kind that’s hired by Safeway to check up on their customer service. I mean, do you sneak your purchases home when your husband is busy and hide them so you don’t feel guilty, or get grilled? Do you struggle to maintain a budget or is budget a behavior you resist with all your might?
Changing our habits is not easy, but with practice certainly achievable. We need repetition to build awareness. Like poor spending habits or money management, food, weight and exercise habits have been particularly tough to change long term. Behavorial Modification programs are getting positive attention again and are based on making small incremental changes that build progress over time. You may be surprised to know that Weight Watchers is basically a behavorial modification program and it’s one of the most effective.
For those of you that have a money problem, try Urge which “prompts users to hold off on impulse purchases to hit budgeting goals.”
As an addiction counselor for over 20 years I love the new Apps. Check out NY Daily News Addictions & Answers for Lynn’s tips on Compulsive Shopping. They make paying attention and taking a pause from cravings and impulses so much easier than will power alone and they work because they improve on the principles of good ol’ 12 Step Programs – support, feedback, slow steady changes and the good feelings that come with healthy change. (The Perfected Self by David H Freedman, The Atlantic June 2012)