There are plenty of people who are in love with their bank books. In life, there will always be extremists.
None so extreme as the 'Net Worth Nympho's', who can check their bank account or investment balances 24/7 via their cell phone, computer, PDA, or absolute worse case scenario 'telephone banking'!
Technology has permitted the former check book fanatic, to now live, eat, and breathe their finances in millisecond, real time, ESPN style coverage. You may have met this type of person; you might even see them every morning when you are brushing your teeth.
So when does obsessing over ones assets cross the line, between a little excessive compulsive, and truly becoming a behavior that deviates from what society finds acceptable?
Well, first off who cares what society thinks?
What we are talking about here is addiction, plain and simple. Just like a nymphomaniac is addicted to sex, many, many people have become addicted to money.
You would be surprised how many people are out there. The X-Korn guitarist admitted being addicted to money, Millard Fuller the founder of Habitat for Humanity, rapper Chuck D, and even the recent eBay scammer Charles Stergois, sentenced to six years in prison, admitted he was indeed addicted to money.
There is a very clear difference between success and wealth.
Although they often go hand in hand, I think many people get their wires crossed, and allow reality to slip away.
The main stream media certainly hasn't helped, and advertising today would challenge almost anyone's psyche to believe we should all be driving Mercedes' Benz.
Most people can tell the difference between right and wrong, but often in one's pursuit of success they can start to focus on the wrong things.
You may need help if:
1. Your obsession with money is affecting your work, family life or relationships.
2. You have lost your ability to concentrate, as your thoughts always veer back to your account balances, real estate portfolio or stock account.
3. You spend too much time or money online in search of your financial fix.
4. You are going into too much debt in pursuit of increasing your net worth.
5. Someone close to you tells you there is a problem.
6. You are lying or denying, to your loved ones or yourself, to cover up your financial activities.
If this is you, or someone you know, please seek out expert assistance. In the USA, we would highly recommend visiting a professional like Heiko Ganzer of Money Addicitions of America (www.heiko.com)or someone equally as qualified. In Canada, the Center for Addiction & Mental Health's website (www.camh.net) is a great start to find help. The internet may be part of the problem, but it also may become the greatest resource to find healing.
So, if it becomes an investment statement, bank account, or real estate portfolio that makes you feel successful, then that is absolutely fantastic. Keep up the great work, and enjoy your wealth to the fullest.
Just don't forget to focus on the other areas of your life that have been with you through thick and thin.
Consider this? "You can't take it with you when you're GONE!"
by Lee Raito, CFP, FMA
Co-Author of business sexcess
Business and financial expert Lee Raito is a Certified Financial Planner and Financial Management Advisor. Lee has teamed up with Internet marketing expert Sam Heyer to provide you with information that will take your business success to a place it has never been before. Their recent book, business sexcess, is the much talked about book that will transform how you look at business. business sexcess
cleaning team near Winnetka .."It's the business of your life?and you're the CEO!" Gala... Read More
To budget, to have a budget and to be on... Read More
This new way is catching on around the world. People... Read More
It's no secret that the market goes UP...the market, goes... Read More
Do you like so many others feel, that even if... Read More
You can't build a house from the roof down, and... Read More
Key 1 Pay your self firstkey 2 Saving is not... Read More
Why is it that the older and richer people become,... Read More
We talked recently about the wealth formula:Spend less than you... Read More
There once was a hawk, ferocious and swift. He was... Read More
No matter how tight things are financially for you; no... Read More
Endowments and endowment mortgages have received a lot of bad... Read More
Remember the bloodied face of Randall "Tex" Cobb?He was a... Read More
There are many forms of investing online. While I can... Read More
"Any fool can rich, the wise get wealthy." Chris WidenerGetting... Read More
When young men ask me how to succeed, I tell... Read More
The cashflow board games, Cashflow 101, Cashflow 202, and Cashflow... Read More
Six out of six people who were asked to list... Read More
Whether an established conglomerate or a fledgling company, a business... Read More
AS THE MARKET FLIES HIGHER, GOOD BUYS ARE BECOMING HARDER... Read More
This 4,000 acre sale (now a marina and resort town... Read More
When I look around at all of my friends, and... Read More
Living on credit is fashionable. Indulging oneself is fashionable. Saving... Read More
As you sit in traffic, inching along between irate drivers,... Read More
Self-Made Millionaires are not smarter or better than you. They... Read More
family-safe home cleaners Northbrook ..What is "The Commodity of Kings""Power is simply "the ability... Read More
As a work at home Mother, I know the value... Read More
Now is a great time to make it a habit... Read More
Look at Forbes' top 10 United States wealthiest people. Notice... Read More
Do you have financial problems? Then a budget is the... Read More
Recently I was reading a book called The Millionaire Mind.... Read More
"Ooooooh," you may say, "I could NEVER be good at... Read More
Parents must give serious thought to protecting their family through... Read More
How many people search Google, Yahoo and MSN each day... Read More
You have $100 in your bank account, your rent is... Read More
What is the difference between wealthy people and poor (even... Read More
Self-Made Millionaires are not smarter or better than you. They... Read More
What if I were to tell you that almost everything... Read More
Giving and ReceivingIt seems that people generally find it easy... Read More
What is your attitude towards having wealth? Do you believe... Read More
Everyone dreams of early retirement. The idea of no longer... Read More
If you're reading this article, it means you are a... Read More
Most people want to get to the end of their... Read More
I recently came across startling figures about the average American's... Read More
I'm constantly reading articles on the internet and in financial... Read More
Why not run a lucrative paper business? Paper businesses do... Read More
If you don't have discipline then walk away from the... Read More
There are many of us who are working on our... Read More
You can learn the secrets of world monetary flow if... Read More
Financial independence is having the freedom to support yourself through... Read More
Wealth Building |