From the course: Personal Finance Tips Weekly

Unlock this course with a free trial

Join today to access over 22,600 courses taught by industry experts.

The danger of deprivation mode

The danger of deprivation mode

From the course: Personal Finance Tips Weekly

Start my 1-month free trial Buy for my team

The danger of deprivation mode

“

- If you've ever tried to change your eating habits, you know how after a few days, your body will desperately crave french fries or a brownie, or a piece of lasagna with gooey melted cheese. Sorry, I got a little lost there for a second. My point is, that denying ourselves something has the perverse effect of making us want it even more. Some of that is physical. Like with food where changes in blood sugar cause our brains to literally obsess over the thought of sweet gratification. We can also crave the dopamine release that comes with consumer gratification. Here are three ways to protect yourself from the dangers of depravation mode. One, focus on what you are saying yes to, not just no. When we're in locked down with our finances, we spend a lot of time telling ourselves no. No extravagances, necessities only. Well, I think it's important to find some resources for fun, joy and recreation, however modest those resources may be. I understand that here are times when that's just…

Contents