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
disinfecting cleaning services Winnetka ..Many people have a false understanding of what it actually... Read More
Key 1 Pay your self firstkey 2 Saving is not... Read More
Wealth Secret 1 - Decide Your Outcome Right Now.Unless you... Read More
When Ben Franklin said "a penny saved is a penny... Read More
E-currency is very popular on the Internet today. People use... Read More
What if I told you that reading a book would... Read More
Ever think about how eating all those fast food meals... Read More
Very few people whom I know are familiar with the... Read More
Why not run a lucrative paper business? Paper businesses do... Read More
There are many wealth creation strategies and investment techniques available... Read More
What is your attitude towards having wealth? Do you believe... Read More
Part of learning to become financially free is to begin... Read More
If you're reading this article, it means you are a... Read More
Author: James Walsh ISBN: 1563431696: Publisher: Silver Lake PublishingIn... Read More
Is accumulating wealth as easy as following a 3-step plan?... Read More
Financial planning often gets a bad rap. Part of the... Read More
A surprising number of readers want to know "Can a... Read More
In today's unpredictable global economy, you obviously never know what... Read More
We talked recently about the wealth formula:Spend less than you... Read More
It is with great pleasure of having you here at... Read More
How Much Money Will I Need to Earn to Retire?This... Read More
Six out of six people who were asked to list... Read More
If you don't have discipline then walk away from the... Read More
It's no secret that the market goes UP...the market, goes... Read More
Whenever we read about building wealth or even attend a... Read More
last minute cleaning help Highland Park ..In theory the idea of generating additional (and passive) business... Read More
When I look around at all of my friends, and... Read More
Like I said, If you are poor and on social... Read More
Recently I was reading a book called The Millionaire Mind.... Read More
Is the ghost of "Money Past" haunting you? Do you... Read More
For most of us, the idea of retiring simply on... Read More
Okay. So money doesn't really grow on trees. Unless you... Read More
Look at Forbes' top 10 United States wealthiest people. Notice... Read More
Is accumulating wealth as easy as following a 3-step plan?... Read More
What is your attitude towards having wealth? Do you believe... Read More
Remember the bloodied face of Randall "Tex" Cobb?He was a... Read More
Bottom line. No exaggeration. No hype. If you want to... Read More
To budget, to have a budget and to be on... Read More
I want to share an experience I had in common... Read More
Building wealth is as simple as saving a little bit... Read More
When Ben Franklin said "a penny saved is a penny... Read More
Here are some thoughts about the morphing of thought and... Read More
"Money Doesn't Grow On Trees."Some of us even believe it.... Read More
This article focuses on generating cash as a full time... Read More
Early in my legal career I represented two young women... Read More
Offshore strategies may or may not be right for you.... Read More
As you know, we're now well and truly in theInformation... Read More
In most societies, we are raised to believe in the... Read More
A surprising number of readers want to know "Can a... Read More
I recently came across startling figures about the average American's... Read More
Wealth Building |