The financial world doesn’t often get enough credit for the things it can do for individuals and families. We’ve all been there, and we can all relate to the feeling of being “the one” who has to put their life on hold to help someone else out.
Financial dominance is the opposite of financial independence. Most of us can relate to the feeling of being the one who has to put their life back on track when one person takes out their credit card while the other one is still working and pays their bills. Financial dominance is the feeling of being the one who has to put their life back on track when the world is against you.
This week, we launched a new study from the University of Pennsylvania showing that one in nine Americans (or about one in every five people in the U.S.) is struggling with or has a financial addiction. By any standard, this is a huge statistic that reflects the vast majority of people in America. In reality, however, it’s important to note that the majority of people who are financially addicted do so due to a combination of circumstances.
The study shows that people with a financial addiction are also more likely to be married or to have a job or a stable relationship, which is pretty much the same as a person with a mental illness. All of the factors that lead people to struggle with debt are also some of the factors that lead people with a mental illness into a financial addiction.
The reality is that people with financial addiction are more likely to be married or to have a job or a stable relationship. People with a financial addiction tend to have a higher rate of alcoholism, and are more likely to abuse substances.
It’s a difficult pill to swallow, but a recent study suggests that the average person with a financial addiction is 3.7 times more likely to be a victim of a violent crime and 4.1 times more likely to be physically injured in an accident. The study found that people with financial addiction are 5.6 times more likely to be homeless. Their chances of being incarcerated are 1.5 times higher than the average person.
My personal experience is that financial addiction is pretty common, because I’m pretty sure most people who fall into this category will have a financial excuse for their addiction. I’m not saying that financial addicts are the norm, I’m saying that most people with financial addiction are the norm.
The idea of financial addiction seems to be an ongoing, ongoing discussion in the online community, and I’m not sure how much of that is due to the fact that there has been an influx of articles and blogs about this topic, and how much of that is due to the fact that even though there are plenty of articles and discussion on this topic, there are still very few outlets that are specifically focused on financial addiction. The financial addiction community is pretty fragmented.
If you want to take out a list of the top ten most popular articles on this topic, read on. They are all very interesting and are very helpful to keep in mind when you’re on the fence about a list of the top 10 most popular articles. As a bonus, they’ve also added a bit of information to help you make the most of your time on the site.