Compulsive spending: Interview with an expert
Written on December 31, 2011 – 9:44 pm | by David Jones
Dr. Michael Steger, assistant professor of
psychology at Colorado State University. In an effort to expand on our previous post on compulsive spending we’ve interviewed Dr. Michael Steger, a professor of psychology specializing in applied social psychology and counseling.
Here’s what he had to say:
Do people spend more or less money when they’re unhappy/depressed? Why? Most people actually are more willing to spend money when they are happy or in a good mood. One reason for this is that we tend to project ho were feeling right now into the future. When were happy, were optimistic and we subconsciously assume that things will continue to make us happy in the future. However, most people are prone to making purchases they think will cheer them up when they are feeling down. For some people, this tendency can become a trap.
Can making purchases truly make someone happy? It depends on what people spend their money on. If p Read more…
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