Shop till you drop dead or Making money your master not a servant
I think lack of understanding about personal finances is a large source of family problems now a days. Very few people are willing to openly talk about their finances or debts. This, I think lead to financial illiteracy, big time. I realize t his as I was making a research on the different styles of personal financial management. What stucked like a sore thumb to me, was a site called Debtors Anonymous (DA). DA works in much the same way as Alcoholics Anonymous, dealing with people who are essentially compulsive debtors and helping them get over their “addiction”. DA helps debt addicts recover from this malady called overspending. Compulsive spending - is it an illness? I need not talk about its psychological implications here, a professional counsellor would be required to do that. One thing sure though, it needs to be addressed. If you believe you know someone close who is in this difficult life situation, I am sure you will recognize the following lifestyle or pr