Think of Bad Money Habits in Terms of the Seven Deadly Sins
If you are trying to improve your financial habits, it will help you understand them. Thinking about your monetary behavior in terms of the Seven Deadly Sins can help shed light on your behavior.
On Listen Money Matters, writer Candice Elliott connects various impulsive habits to fundamental sins: lust, anger, greed, laziness, envy, gluttony, and pride. For instance:
Let’s start with lust , possibly the funniest of sins! Lust is when you yearn for something, perhaps to an unnatural degree. A new car when you have a perfectly good one. Gluttony is excessive consumption, to the point of wastefulness. Loss of food is probably the best example. If you plan your meals, you will spend less. Don’t buy a bag of carrots, bake two and let the rest rot. Find out what else you can do to use a different carrot.
It’s a funny metaphor – she calls them the family of “debt” sins – but it also makes a lot of sense. Check out the full post for more information.
7 debt sins | Listen, money matters