Things are a lot of times not as hard as they often seem. Budgeting is really easy. You purchase less than what you bring in. Now, why is this a hard task to accomplish?
Materialism. Some think of it as the scourge of modern society. Regardless of if you look on it simply as a part of life, or something more deeply rooted in our psyche, if you see that you can’t exit the mall without a new gadget or toy, you might be prone to this common ailment. And this ailment amounts of debt, and also the need to improve credit score because of delinquent payments.
Materialism is the constant want for more. More clothes, more appliances, more books, more whatever… just more! While it’s great to dwell in a land where one can indulge our many desires, the battle to simplify our lives, eliminate clutter, do a personal budget spreadsheet plan and put away money often competes with the pull of materialism inside us. That causes undue stress and financial hardships for the ones who haven’t yet learned to supress their materialistic desires.
There is a common belief that materialism stems solely from a desire to have more things. That’s not always the case. Sometimes, materialism may come from a sense of desire or greed to own just because that ability exists. For others, however, there may be underlying issues that foster the materialistic tendencies.
A study done in recent years and published on ScienceBlog.com indicates that the reason teens and pre-teens, especially, had such a strong feeling of materialism was connected directly to their lack of self-esteem. When the same teens and pre-teens were affirmed and developed a more confident level of self worth, their materialistic tendencies decreased dramatically.
Now, how do we figure out how to make it work with less and defeat the continual desires to have more? Sometimes, by simply doing that – resisting. Resisting impulse buying, resisting overspending, buying only what we need; these techiques will help us fight consumerism where it hits the hardest, which is in our pocketbooks.
Shopping with a list will a lot of times curb materialistic, impulse buying. Realizing what you need and planning to purchase just these things will go far in helping you fight this war. This will work for small as well as big purchases. Put every single desired purchase on paper and devise a method to purchase it. If you are browsing and spot an item you desire that is not on your list, don’t buy it. Now, if you decide it’s something you really would like to have, write it down on a new list and make your plan to purchase it. This takes away impulse buying and spending over your budget.
A different option is to buy with cash instead of a debit card or check. Remember the days when your grandparents or parents went to the store and bought only what they had the cash to buy? If you find yourself move towards overspending, give cash-only purchasing a go. It may help you cut down on your impulse spending since you only possess a limited supply of cash in your wallet.
Teaching your kids to follow the same patterns, both by your example and words, will serve them greatly. As they get older and develop, they will become less likely to purchase in order to create a sense of joy. And, in the process they will be learning that cash is a tool that you rule over. This kind of straight thinking will assist them in steering away from the trap of consumerism and its strong hold on today’s society.
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