Overspending and Overeating – Can You Ever Get Enough?
Posted on December 28, 2011 by Lynn Telford-Sahl, One of Thousands of Money and Finance Coaches on Noomii.
Overspending and overeating go together. These two behaviors make us feel good. But if they are the only things that do, we can get into big trouble.
Did you overspend or overeat during the Holidays? More than usual? Are you not surprised to learn that these two behaviors often go together in the same female? “Compulsive shopping or spending can be a seasonal balm for the depression, anxiety and lonelineness during the December holiday season.” (Professor Ruth Engs, RN, EdD, Indiana University)
We may laugh at the term Shopoholics, and it was treated lightly in the movie by the same name. But overspending, like overeating, can be as serious a problem as any of the “isms” such as alcoholism.
How much is enough when it comes to spending and eating and what exactly are we trying to accomplish with our indulgences? Pick your answer: To be social, to have fun, to avoid or distract ourselves from uncomfortable feelings, to feel better? The first two choices can be guilt free, the third one gets us in trouble because it works only temporarily. Then? We compulsively repeat the behavior, hoping to feel better, or to get high, to avoid all those uncomfortable feelings that come up in life.
Gently ask yourself these questions. They’re meant to help you understand more about your eating and spending:
Did you throw all rules for how much to eat or a spending budget out the window and really overindulge? If so, are you feeling guilt or remorse? Or wondering how to get back on track? Do you have other ways to soothe uncomfortable feelings that don’t have a downside – such as exercise, talking to a friend who’ll tell you the truth, journaling, yoga, a coach or counselor?
Overeating and overspending are behaviors that often go together. Here are suggestions to start the New Year off right, get back on track and have a more conscious Holiday season in 2012:
1) Gently take responsibility for the overindulgences: Tally up the weight gain and amount of money owed.
2) Make a realistic plan:
A) How much weight am I going to lose by what date? 1 pound a week is realistic – avoid drastic diet loss programs – they don’t work long term.
B) What amount of money can I put toward paying off my credit cards each month?
C) How will I hold myself accountable? For weight – have an accountability partner, join Weight Watchers or Food Addicts Anonymous? For debt – take a financial awareness course like Dave Ramsey, or speak with a money coach (like myself).
3) Understand that the drivers of compulsivity are often feelings. Feelings of anxiety, depression, STRESS that are normal parts of life. Learn to go into those feelings safely, preferably daily. An easy to use guide is TARA (Touch, Accept, Release, Action) available as a FREE download at www.coachingformodesto.com on right side of page. (from Intentional JOY: How to Turn Stress, Fear & Addiction into Freedom 2009)
Lynn Telford-Sahl, M.A. Psychology, Certified Money Coach, helps women in business achieve their dreams by getting their money house in order. Lynn has been coaching, speaking & conducting workshops for 8 years and has a 20+ year background in counseling. Lynn is also the author of two books: Intentional JOY: How to Turn Stress, Fear & Addiction into Freedom & The Greatest Change of All. Both books are available online at www.coachingmodesto.com. As an experienced money coach for women in business, Lynn offers a FREE 15 Minute phone consult for any Money Challenge you are experiencing. (209) 492-8745 or firstname.lastname@example.org