The A-C-D’s of Financial Happiness | Psychology Today

Or: How did I get here from there and how do I move forward?

Published on May 10, 2012 by Michael Kay in Financial Focus

For many people, financial happiness is elusive. Dealing with money is a struggle and we confuse our values with a what the media tells us we should care about. Creating financial satisfaction requires time, expertise and the desire to objectively examine your financial present and map out a course to a bountiful financial future. Unfortunately, many people fail to make the changes necessary to move from a degraded financial position or inertia to financial freedom.It seems that people fall into one of three categories in how they handle their financial lives and therefore thrive or fail accordingly. We avoid dealing with our financial situation, we try and handle it ourselves or we find someone to walk with us to success. Let’s explore further.

Avoiders probably grew up not being aware of money or you grew up in a home where money created conflict. Your reaction is to withdraw and not deal; it sounds safe and in its own way, pretty logical. However, avoiding your money issues increases your chances of disaster exponentially. The old axiom, what you don’t know can’t hurt you is filled with the potential for a whole lot of pain. Dealing with your money problems isn’t as painful as you imagine and certainly not as bad as the likely outcome the longer you avoid it. Begin by acknowledging that you are an avoider and that it is, as Einstein said, insane to continue to do the same thing and expect a different result.

via The A-C-D’s of Financial Happiness | Psychology Today.

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