Equity What Is A Money Anxiety Disorder? Constantly worrying about money? How to avoid or work your way out of a 'money anxiety disorder'. By Jessica Sier Equity Constantly worrying about money? How to avoid or work your way out of a 'money anxiety disorder'. By Jessica Sier Previous article ‘The Founder Journey, It’s A Marathon Not A Sprint’: Founders Share Their Greatest Advice Next article Members On Their Way: Gabrielle Ebsworth When Sir Elton John managed to quit cocaine, he replaced his addiction with consumption of a more material kind. In 2000, he admitted to spending almost £300,000 on flowers, hoarding cupboards full of unworn clothes and finding boxes of shoes he didn’t remember buying. The rockstar’s compulsive buying habit saw him spend close to £30 million in under two years. People like to trot this story out at dinner parties and have a disbelieving laugh at the staggering amount of money Elton John spent, but many of us feel a twinge of recognition. Compulsive buying, or chronic overspending is a form of “money anxiety disorder”, a term sometimes used to describe a condition of constant worry and unease about money. The contents of this post, such as text, graphics, images, and other material contained on the Future Women website are for informational purposes only.If you’re struggling financially, we’ve outlined some debt counselling resources in Australia. You can also click here for access to an up-to-date list of resources, courtesy of ASIC. Jessica Sier is a financial journalist who currently heads up the content strategy at Sendle. Prior to that she led content at Spaceship and was a reporter at the AFR where she discovered that breaking down financial jargon was a public good. makingdollarsandsense Best Of Future Women Wellbeing Awww, you shouldn’t have. By FW Equity In 2024, gender is baked into the Federal Budget By FW Money We need to talk about money By FW Equity The horror reality one in four women face By Kate Kachor Equity “I found out I was earning $15K less than two male colleagues in the same role.” By Briana Blackett Equity How to spot a property bargain By Kate Kachor Equity How AI is helping Australia’s biggest bank stop domestic violence perpetrators By Emily J. Brooks Equity Pay rises off the table? There are other ways to win at work By Kate Kachor Your inbox just got smarter If you’re not a member, sign up to our newsletter to get the best of Future Women in your inbox.
