You may be experiencing financial guilt if spending or not spending money makes you feel ashamed or regretful. This guilt can prevent you from improving your financial situation, or enjoying the money you already have. Financial planner Lauryn Williams breaks down three types of financial guilt and provides advice on how to address them. Life Kit has taken that guidance and shared it in an informative comic strip.
🛍️ Feeling regret from overspending? Acknowledge the mistake you made, but don’t judge yourself for it. Then work on your “guilt-free budget,” which can help you feel more financially prepared.
🛍️ Does unequal income in your relationships make you feel guilty? Have a conversation to remind everyone that they contribute differently to the household and that you are a team.
🛍️ Having negative feelings about not spending enough on others? Ask yourself why you are feeling guilty and then make a plan to decide how much you can reasonably give.
For additional guidance for spending and saving without guilt, listen to this episode of NPR's Life Kit. Subscribe to the Life Kit newsletter for expert advice on love, money, relationships and more. |