Emotional spending is as its name suggests, financial spending that’s rooted in emotion or stress as opposed to necessity or considered purchases. It’s a common practice many of us have likely experienced, it’s why the term retail therapy even came to be and why it still rings true. The connection between emotions and finances is a powerful one, and it’s not always a bad thing, but it’s important to separate the two and know that when we’re buying emotionally, we’re simply delaying the emotions or stress that will eventually come to the surface later on.
Mindful journaling is a compelling practice that can help you cope with your emotions in a healthy and sustainable manner. For those who are new to journaling, the habit itself might be met with a reaction of dubiety over its effectiveness. It’s a misconception known to many, and yet those who practice mindful journaling often vouch for its cachet. Journaling, for many, is a form of self-love and a vehicle for their sense of selfhood. There is something to be said about the therapeutic and meditative nature that comes from this practice of self-reflection.
Here are four ways mindful journaling can help curb your emotional spending habits.