Personal Finance
Money Dysmorphia: What Is It, the Signs and What To Do About It
By Planner Bee  •  June 19, 2024
In a world where money is often used as a measure of success and status, it’s no surprise that many individuals develop complex relationships with their finances. While it’s natural to have concerns and occasional stress about money matters, for some, these worries can spiral into a more serious condition known as money dysmorphia. Similar to body dysmorphia, where individuals have distorted perceptions of their physical appearance, money dysmorphia involves skewed views and behaviours related to finances. In this article, we’ll delve into what money dysmorphia is, how to identify its signs, and strategies for achieving financial wellness. What is money dysmorphia? Money dysmorphia is a psychological condition characterised by distorted beliefs and behaviours surrounding finances. Those affected by money dysmorphia often experience intense anxiety, dissatisfaction, and preoccupation with their financial situation. This condition can manifest in various ways, from compulsive spending or hoarding to an obsessive fear of losing money. Individuals affected by money dysmorphia may find it...
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By Planner Bee
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