Psychology Today has an article in it this month that talks about addiction and how “falling off the wagon” is a good thing. That making mistakes or occasional forays into bad behaviors actually help people get over their addictions. While the article mostly focused on dieting and alcoholism, I imagine the same can be said about finances. I never really thought about my debt as an addiction, but I can see a correlation.
Living a lifestyle that we can’t afford and/or shopping addiction that we can’t curb. Giving into impulses and behaviors that make our lives easier in the short-term while ignoring the long-term consequences. Many of us beat ourselves up over the smallest overspending or even the desire to overspend. Straying from the path we want, to the path we were on before, simply teaches us that we all make mistakes and need to be aware that course corrections are going to be necessary throughout the journey.
The conclusion: Don’t beat yourself up over your overspending. Just pick yourself up and try again, what is done is done. Learn!