How to Avoid Doom Spending?

[Suba]

Doom Spending refers to the behavior of GenZ who like to shop impulsively which is characterized by excessive spending on items that they don't really need. Doom spending is often done as an escape from stress, anxiety, heartbreak, broken home, etc. If doom spending is not immediately controlled or overcome, it will have a negative impact on finances in the future as well as on the mentality and behavior that has become their daily habit, so how do you avoid/overcome doom spending?

 

[eLdavis]

The way i see it, it's not something you can just choose to avoid at anytime, i believe it takes practice and self discipline to be able to cultivate this habit.

 

[Starmix]

If the person has mental issue due to anxiety or depression, the family must always communicate with that family member. It's one way to normalise his behaviour that may result to overspending, He may feel like a one day millionaire but deep inside, financial crises await.

 

[Springtime]

That depends on the seriousness of doom spending. If this is due to mental problems and the person really cannot control himself/herself, s(he) should seek professional help.

 

[Starmix]

A person like that has no future. If he's not mentally sick perhaps it is a spending addiction which the mind cannot control. Still, that person needs medical help. It might become severe.