Money Drunk: When Spending Becomes an Addiction
Being a money drunk means that you use money as a drug, that you have a compulsion to spend and use debt to feel better about yourself, if only for a little while.
Ever wondered if your spending habits might be more than just a love for shopping? This episode of 'Busting Addiction and Its Myths' takes a hard look at the concept of being a 'money drunk'. Host Bruno J explains how some people use money like a drug, compulsively spending and getting into debt to chase a fleeting sense of happiness.
But it's not just the addict who can fall into this trap—family members can also find themselves caught in this destructive cycle. Bruno J sheds light on how the brains of addicts and alcoholics, often damaged by their disease, make irrational financial decisions that can wreak havoc on family finances. But the inconvenient truth is that families can also be gripped by a similar compulsion, almost as if they are sticking the needle in their own arms.
This episode doesn't just identify the problem; it offers practical advice on how to break free from this cycle. You'll hear about the importance of self-care for family members and the role of support groups in the recovery process. Bruno J's candid discussion aims to give you new insights and hope, helping to lighten the burden many families carry.
So, if you're struggling with financial chaos due to addiction, or if you suspect you might be a 'money drunk' yourself, this episode offers valuable guidance and support.