Calm Versus Hyper Money Spending

We live in a current society where the spending is regular and continuous. You see people buy staff whether it is important or not. People rush and run behind the discount advertisements.

With experience and after doing many mistakes in spending, I notice these two approaches in front of me each time I open my wallet to spend cash. They are the calm and hyper spending.

But what are those approaches? Well, calm spending means to spend your money wisely. It means to ask yourself: Is this really important? Do I really need to buy this item now? What other alternatives I have if I choose not to buy this now? Is this something I truly want or is it an unnecessary pressure from the society and culture?

Calm spending is really where you sit with yourself, calm your nerves, quite your monkey mind and get still. I know the amygdala part of our brain gets really triggered in such scenarios and you just feel tempted to get cash out of your wallet and spend. But being patient and observing here is key. Hold yourself responsible and accountable for your expenses.

Now coming to the other side which is hyper spending, it means to spend your money without analytical thinking. It means to rush spending whenever needs arise regardless of their priority. In this context, you feel everything is important and all spending need to happen now.

This approach is followed by greed. We feel greedy. We want and want. Our desires arrive the top. We want more. We want it now whether we have the money or not. We want the best regardless of the number.

When you are aware of these two available money spending approaches, you find yourself taking a decision and making a choice each time you spend. Now you are not just spending but you are analyzing that expense also. Is it important or not? Is this the only store I buy from or I can get it far more cheaper in another store? Is the rush created by the discounted outlets real or trick? Do I really need to wear a different dress each time I attend parties or I can wear my old ones?

Doing this reflective process with yourself and your families would still you in your spending and even reduce your attempts to borrow whenever you are out of cash.