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How mindful spending reverses debt-driven habits

Have you ever been draw to make purchases out of impulse? The impulse to buy is often driven out of a variety of emotions (i.e. fear, insecurity, generosity, happiness, emptiness, etc.). Unfortunately, unrestrained emotional purchases have led many people to a reality of significant financial debt and thoughts of bankruptcy as an emergency exit to these negative money issues.

Moment-by-moment awareness

How should you snap out of these emotionally-driven spending habits? Consider incorporating the art of self-awareness throughout each moment of your day. In general, being mindful is about being present to all facets of your moment as it exists-- wherever you are and whatever you are doing.

Return on investment

Mindful spending is the concept of raising personal awareness to each financial transaction. When you do this, you apply more mental clarity and consciousness to your spending choices and the perceived return on investment they carry. For example, when you mindfully choose to purchase a cart of groceries, you are carefully selecting each item with awareness of its price, its uses and whether or not you really need them.

Mind-money connection

Your choices stem from your mind and the thoughts you choose to act on. Financial security is often the result of making wise spending, saving and investing decisions. Realizing the power you have to drive your life into a place of financial security or financial instability is highly important. This understanding is foundational for incorporating mindful spending into your lifestyle.

Moving towards financial peace

Freeing yourself from the trap of personal debt through bankruptcy or other debt consolidation options takes a great amount of courage. It is honorable to seek help and be teachable to a new way of handling your finances as you move out of a place of financial devastation. Next time you are deciding how to use your money, include mindfulness into your decision making. How you treat money will undoubtedly have an impact on your future--for better or for worse. Choose to make your future prosper with mindful spending habits in the present.

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