How debt and depression can feed into each other, balancing depression management with debt payoff, and how to payoff debt and maintain quality of life…

Have you ever purchased something hoping that it might make you feel better, or help you become some aspirational version of yourself? Compulsive buying behavior (CBB) is one example of a time when the emotional connection to financial behavior is at an unhealthy extreme.

While financial anxiety can have a lot of downsides, it's important to acknowledge that some good can come from understanding anxiety in financial situations as well. At its core, anxiety is a form of stress, and moderate amounts of stress can be a good thing.

Emotion regulation comes into play any time we want to prioritize a long-term goal over a short-term desire. In the realm of personal finance, the application of this concept is nearly endless!