Can one be addicted into making money?

[Mastergp]

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Yes, it is possible for someone to become addicted to making money. This addiction, often referred to as "money addiction" or "compulsive buying disorder," is characterized by an excessive preoccupation with acquiring wealth and an inability to control spending habits. Money addiction can lead to financial problems and can also have negative effects on a person's mental and emotional well-being.

Money addiction is not officially recognized as a disorder in the Diagnostic and Statistical Manual of Mental Disorders (DSM-5), but it is similar to other behavioral addictions such as gambling addiction. People with money addiction may have difficulty controlling their desire to acquire more wealth, and may engage in excessive spending, saving, or investing. They may also experience feelings of guilt, shame, or anxiety when they are not able to make money, or when they spend or invest it in ways that do not align with their values or goals.
Symptoms of money addiction may include: -Spending more money than one can afford -Feeling a rush of pleasure or excitement when acquiring or spending money -Feeling guilty or ashamed about money-related behaviors -Being preoccupied with money and financial matters -Engaging in risky financial behaviors -Hiding financial behaviors from others -Feeling overwhelmed with debt -Neglecting other areas of life due to money-related activities
Treatment for money addiction usually includes therapy, support groups and financial counseling. Additionally, addressing underlying mental health conditions like depression and anxiety can also be helpful in managing the addiction.

Treatment for money addiction may include a variety of different therapies and approaches, depending on the individual's needs and circumstances. Some common forms of therapy that may be used include:

• Cognitive-behavioral therapy (CBT) - This type of therapy focuses on identifying and changing negative thought patterns and behaviors related to money addiction.
• Mindfulness-based therapy - Mindfulness techniques can help people with money addiction to become more aware of their thoughts, feelings, and behaviors related to money, and to develop a more balanced and healthy relationship with it.
• Support groups - Support groups can provide a safe and supportive environment for people with money addiction to share their experiences, learn from others, and receive emotional support.
• Financial counseling - Financial counselors can help people with money addiction to manage their finances, develop a budget, and set financial goals.
• Medication - In some cases, medication may be used to treat underlying mental health conditions that contribute to money addiction, such as anxiety or depression.

Overall, treatment for money addiction may take time and may require a combination of different approaches to be effective. It is important for individuals to be open to seeking help and willing to make changes in their behaviors and attitudes towards money.

 

[Abigael]

Money addiction is so common indeed. But most people don't usually recognize it until it affects their lives somehow. Others just ignore, especially when it is a money making addiction. After all, you need the money, so why stop yourself from trying to earn it.

The problem that usually gets most attention is spending addiction. A spend addict always find themselves spending more than they earn and getting deep into bad debt. That is when they seek help you control their spending.

They also seek help when they start being workaholics. You know, spending too much time working for money that they neglect their health and don't spend time with family or friends.