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 service near Deerfield .!From tender age, we were exposed to myths about money... Read More
Top Investment PerformanceThroughout history, many coin collections have produced substantial... Read More
In most societies, we are raised to believe in the... Read More
I have a good friend who works in an area... Read More
Feel like a lemming lately? Ready to follow the crowd... Read More
Endowments and endowment mortgages have received a lot of bad... Read More
"If you know how to spend less than you get,... Read More
This 4,000 acre sale (now a marina and resort town... Read More
Many people assume that the offshore world is accessible only... Read More
"The quickest way to wealthThat I've found to be true;Is... Read More
So you want to become wealthy? While there is no... Read More
The vast majority of working people are in debt. The... Read More
The idle are a peculiar kind of dead that cannot... Read More
Not Enough Money?I believe that most people haven't got enough... Read More
How Much Money Will I Need to Earn to Retire?This... Read More
Now is a great time to make it a habit... Read More
No matter what markets you serve; what products you sell;... Read More
Ever think about how eating all those fast food meals... Read More
Every day you work is one day closer to your... Read More
Offshore strategies may or may not be right for you.... Read More
Everyone wants to be wealthy, but most of us do... Read More
When you purchased your home, you most likely got a... Read More
U.S. Supreme Justice Louis D. Brandeis"I live in Alexandria Virginia.... Read More
We all go to school for about twelve years, kindergarten... Read More
There are many of us who are working on our... Read More
one time home cleaning Mundelein .!Is the ghost of "Money Past" haunting you? Do you... Read More
If you're wondering where to create passive income, then you... Read More
Early in my legal career I represented two young women... Read More
When Building Wealth by Russ Whitney was released a few... Read More
This 4,000 acre sale (now a marina and resort town... Read More
U.S. Supreme Justice Louis D. Brandeis"I live in Alexandria Virginia.... Read More
How Much Money Will I Need to Earn to Retire?This... Read More
Bottom line. No exaggeration. No hype. If you want to... Read More
In most societies, we are raised to believe in the... Read More
Have you ever asked yourself what your highest income producing... Read More
There are many forms of investing online. While I can... Read More
If you don't have discipline then walk away from the... Read More
Most people know it's important to keep and organize all... Read More
The fact is that most people continue to work for... Read More
Most accountants, financial planners and wealth-building experts agree that there... Read More
Everyone dreams of early retirement. The idea of no longer... Read More
Want to be one of the lucky ones on the... Read More
What if I told you that reading a book would... Read More
"Money Doesn't Grow On Trees."Some of us even believe it.... Read More
Saving money for retirement can be easy or difficult depending... Read More
There is no need to use the many middleman websites... Read More
So you want to become wealthy? While there is no... Read More
Almost all of us go to work everyday and do... Read More
Steve Martin once delivered an opening monologue for Saturday Night... Read More
Everyone wants to be wealthy. Only a few actually achieve... Read More
Wealth Building |