Savers and Spenders

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Savers and spenders. It could be seen as two sides to a coin. There are those who think having “too much” money is bad, greedy, or evil. There are those who can’t get enough of money—whether by hoarding for status, or in hope that it’ll solve all their problems. Then there are those who could be considered tight-wads by their lifestyle of saving. These are people who can squeeze a nickel so tight, it gives Jefferson a headache.

It’s beneficial to know in which of these categories you tend to land.

By examining the emotions around what motivates you, you can realistically look at a situation and say, “Oh, I see it. The emotion, the small-self, the fear—whatever you want to call it, is afraid that: _________ (fill in the blank) money will corrupt me, I won’t fit in with the crowd, I won’t have enough to retire, even if it takes longer I must keep looking for a better deal. . . .

Consider journaling on your self-talk about money. Or paint, or draw your emotions. Maybe you can sit and have a “conversation” with your money issues. Ask it’s fear. Ask “why?” Ask yourself if you’ve outgrown that old belief — or why you haven’t. Maybe someone long ago told you what may have been true for them, but that doesn’t mean it’s true for you—especially now, as an adult, in your own life. It doesn’t make that person wrong, but it gives you control by your being conscious of what you believe.

Savers and Spenders. Two sides to a coin. What will you do with your half?

So your friends call you cheap. . .

Yeah, sometimes those of us who save get called cheap, frugal, Amish, or Scrooge. Are you known for squeezing a nickel so tight, the buffalo poops?

Then there are those who set the eagle into flight every payday! They say they don’t have money, but seem to have the newest treats, even in the new economic times.

What camp do you find yourself?

Do you wish you were in the other camp?

What steps will you take to move into action?