In this podcast, we discuss the signs and effects of compulsive spending and debting.
We learn that compulsive spending and debting:
- Are addictions much like any other – repetitive behaviour that causes harm, and that does not stop unless arrested by another force.
- Reveal themselves in many different ways, usually by some form of vagueness and denial.
- Are fundamentally spiritual problems that require a spiritual solution, for the idea that we will not be held accountable runs deep.
- Can result in financial ruin which affects the entire family; compulsive spending by one person can bring the whole family down.
- Is treatable in the form of Debtors Anonymous which was founded to help those with an addiction to spending and its evil helper: unrestrained debting.