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Members opened up about the very real challenges of managing money while living with bipolar disorder, sharing personal stories of financial... Read more
Trouble is, the mindset shifts to where things have a new normal that are 'off' and what is normally imprudent becomes prudent. I'm glad you've got good discipline!
Handling money used to be such an issue for me, but my mother, who is a financial genius, got me to start a budget plan, and I've been able to stick to it for years. I do tend to shop impulsively, but I'm also very cheap, so I don't buy anything extravagant. My husband and I do our finances together so we can both be accountable.
Thats bad you got swindled and good you recognized your limits. I recognized I shouldn't control money. Dad always told us to save (he was a child of the great depression) but never to feel comfortable spending. Thus, I look at money as not mine when i've gotten it. I'd be tempted to give it away to causes or help individuals with serious issues. Or, chase after some fantasy i've worked up in my head like emigrating to another country without any skills or treated bipolar. its best others have had control over my money though I hate feeling like i have to ask to spend for a cup of coffee. I don't have a real reason to, but when you don't earn your own money, you feel obligated to get permission.
Managing money responsibly can definitely be a challenge when dealing with depression. Mood episodes can affect decision-making, impulse control, and motivation — all of which play a role in financial management.
Here are some practical steps that may help:
- Track spending — Keeping a daily log of expenses can help Show Full Answer
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