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Money Obsession: What Is It and How to Deal With It?

What are you able to do when someone is obsessive about money? Find out here!

Money obsession: what is it and how to deal with it?

Last actualisation: January 24, 2023

In Spanish there may be the term “crematomania“, which refers back to the obsession with money. While it’s true that cash is required in lots of areas of life, this condition Like other obsessions, it has consequences on a person and social level.

The one that suffers from it often does every little thing in his power to extend his wealth. They don’t mind leaving family, friends, dignity, and other values ​​aside if it means making more cash. Let’s take a better have a look at what obsession with money is.

What is money obsession?

As the name suggests, obsessive about money implies that for an individual the world is reduced to excessive and excessive concern for monetary matters.

Thus, when analyzing the situation to make a call, he loses sight of all of the aspects that come into play, focusing only on money. So how do you recognize this obsession? Here are the essential symptoms.

The interest of man comes all the way down to money matters

Conversations turn into monotonous: how much someone earns, tips on how to generate more income, and so forth. Sometimes they will hooked on worksince it gives them satisfaction to know that it allows them to extend their capital.

Money-obsessed people sum up their lives to money and put their family and private lives on a unique level.

Discomfort when spending money

Plans that involve expenses often cause anxiety or discomfort. In fact they they might avoid invitations or meetings so that you simply do not have to make use of the saved money.

Sleep disorders

Thinking about money becomes so obsessive that it takes all their attention. It may even result in sleep disturbances. An individual cannot stop excited about tips on how to earn more money or tips on how to avoid spending the cash they have already got.

Their desire for more knows no bounds

No matter how much money they’ve, it’s never enough. As a result, the sufferer often stays trapped between dissatisfaction and frustration.

Self neglect

They care a lot about their expenses that they often neglect themselves. For example, they might not put money into activities they enjoy because they arrive to see them as “expenses.”

In fact they may neglect their personal appearance (they might wear shabby clothes or clothes in precarious conditions to avoid expenses) and they cannot even buy medicine, amongst other things.


Obsession with money can lead people to lose value, behave unscrupulously, and even engage in illegal activities.

Social difficulties

These people may feel distrustful of individuals, believing that they wish to get right into a relationship for money or wish to hurt them. They might also feel envious once they notice that somebody has more capital than they do.

This is an undiagnosed disorder

It is vital to keep in mind that obsessive about money it will not be considered a pathology or disorder in diagnostic manuals. However, that does not imply it could possibly’t turn into an issue.

In this sense, with the intention to know whether a relationship with money is functional or dysfunctional, an individual should assess who’s “dominating” over whom. They can do that by asking themselves a straightforward query:

Do I do what i need with my money, or if my money does what it wants with me ?

Like this text? We think you may also like reading: How money affects mental health?

How to take care of money obsession

When obsession with money begins to affect other areas of life, akin to family, relationships, work or friendships, it’s advisable to listen. Here are some recommendations for coping with this problem.

Evaluate your beliefs concerning the valuation of cash

First of all, it’s important to know what beliefs are involved on this overvaluation of cash. For example, a one that may be very attached to money can have passed through a situation of economic deprivation of their life, so now they fight not to return to that situation.

In this case, it’s important to find out whether the will probably be circular, since it goes back to the identical point. There are needs and shortages, because he doesn’t wish to spend money. Because, you will want to work on a more flexible way of pondering.

Question the role or function of cash in your life

What is money really for? What does it allow me to get? In other words, start by asking yourself the aim of wealth: to realize recognition? To attract attention? Have power? Hook up with someone?

Perhaps your mind is stuck within the rigid belief that cash is the one strategy to achieve your goals and that there aren’t any other possible alternatives. Accordingly, a one that tries to please with money should deal with working on other social skills.

Take advantage of therapy

Therapy will be very helpful. For example, through cognitive therapy, it is feasible to discover irrational beliefs and facilitate thoughts that require an appreciation of other features.

If obsession with money affects other pillars of life, it’s best to hunt psychological therapy to take care of it.

You may also be desirous about this text: How to forestall mental obsession

It’s an obsession fueled by society

When we speak about obsessions, it’s needed to derive this problem from the person level. Obsession with the body, healthy food, shopping, having the most recent cell phone and money usually, it often promoted by our capitalist, consumerist society.

Both at the extent of the mass media and in individual comments, the incontrovertible fact that an individual has a number of money is consistently emphasized. In this manner, we discover that some persons are more desirous about consumables than in experience, in working or having increasingly, moderately than in having fun with or relaxing.

Undoubtedly, this has an impact on our health usually and our mental health specifically. In addition, these people vet and “measure” others based on their purchasing power. As a result, they they cannot really connect with those in front of them, aside from the deterioration of their interpersonal relationships.

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