This week we conclude our series on people afflicted with serious cases of ‘Crazy Consumption.’ They exhibit uncontrollable urges to shop, many times ending up in devastating debt. In desperation, they search for solutions to cure them of their out-of-control spending lifestyle.
Sharon* shares her story of how living in the past has caused her to spend unwisely in the present, leading to a bleak financial future.
Sharon’s Story:
I am a mother of three and I think I’m a spendthrift. I will buy things like groceries and necessities but after that I just spend like money is water. I know I need to slow down because my first child is going to high school now and the second will be going in two years’ time. Right now I’m in debt up to my head top and even though I’m in debt I still take on more.
My take-home pay is about J$14,000 every two weeks. Although the money isn’t much I still end up wasting some of it on things I don’t need. When people come around with things to sell, I can’t resist them. Sometimes I think that I am ‘red eye’; or that I’m buying things to make people think I can afford them, but in reality, I can’t. Please give me some advice on how to monitor my spending better. Continue reading Crazy Consumption Case # 3 – Living In The Past