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. http://www.businesssexcess.com
Let's begin easing you out of the pits. I mean,... Read More
Offshore strategies may or may not be right for you.... Read More
Have you stopped to realize that although you go... Read More
Recently, one late winter night, my four-year old son and... Read More
Retirement Planning the Offshore Way Why do so many of... Read More
When I look around at all of my friends, and... Read More
Let's begin this lesson with a definition of the term... Read More
Why is it that the older and richer people become,... Read More
Six out of six people who were asked to list... Read More
Most people know it's important to keep and organize all... Read More
Imagine being able to steal untold millions of dollars in... Read More
Despite what you may have read or heard, anyone is... Read More
Look at Forbes' top 10 United States wealthiest people. Notice... Read More
There are only 2 ways to grow your wealth -... Read More
If you're wondering where to create passive income, then you... Read More
This retirement account is so new and unique that you... Read More
"Join our program and retire in 3 months..." yeah, right.We... Read More
Every day you work is one day closer to your... Read More
Not Enough Money?I believe that most people haven't got enough... Read More
Simple tips on saving can very often make quite a... Read More
There is no need to use the many middleman websites... Read More
At any time in history, no matter what the current... Read More
E-currency is very popular on the Internet today. People use... Read More
Ever think about how eating all those fast food meals... Read More
Now is a great time to make it a habit... Read More
It is sometimes pitful how many projects are never born... Read More
Many people have a false understanding of what it actually... Read More
Very few people whom I know are familiar with the... Read More
Vacation season is upon us and it can be tempting... Read More
Here are some thoughts about the morphing of thought and... Read More
Do you ever get this in your email box: Find... Read More
Author: James Walsh ISBN: 1563431696: Publisher: Silver Lake PublishingIn... Read More
As a work at home Mother, I know the value... Read More
Recently I was reading a book called The Millionaire Mind.... Read More
The fact is that most people continue to work for... Read More
Turn to the year 1999, a couple of friends sitting... Read More
Are you setting the right money goals?Most people believe having... Read More
You have probably heard other people say that "Money isn't... Read More
Money is probably the most challenging thing for many people... Read More
When young men ask me how to succeed, I tell... Read More
In light of the dominant mindset overshadowing the market these... Read More
Feng shui coins can allow you, among other things, to... Read More
There are plenty of people who are in love with... Read More
Very few people whom I know are familiar with the... Read More
No matter how tight things are financially for you; no... Read More
Have you stopped to realize that although you go... Read More
Planning for the undesired, accidents and possible unknowns in life.... Read More
Do you ever get this in your email box: Find... Read More
Many people have a false understanding of what it actually... Read More
Any successful person, or any anyone interested in self improvement... Read More
OK, this article will start with the cheapest piece of... Read More
When Ben Franklin said "a penny saved is a penny... Read More
You can learn the secrets of world monetary flow if... Read More
There once was a hawk, ferocious and swift. He was... Read More
Time and time again entrepreneurs are losing out on getting... Read More
For most of us, the idea of retiring simply on... Read More
In theory the idea of generating additional (and passive) business... Read More
If you don't have discipline then walk away from the... Read More
This is a true story about a homeless man from... Read More
"Any fool can rich, the wise get wealthy." Chris WidenerGetting... Read More
Do you have financial problems? Then a budget is the... Read More
Let's begin easing you out of the pits. I mean,... Read More
If you're wondering where to create passive income, then you... Read More
This new way is catching on around the world. People... Read More
No one has complete control over their thoughts. But with... Read More
Early in my legal career I represented two young women... Read More
Wealth Building |