• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
BlackDoctor.org
Where Wellness & Culture Connect

Where Wellness & Culture Connect

  • Health Conditions
  • Wellness
  • Lifestyle
  • Longevity
  • Resource Centers
    • Cancer Resource Center
    • Covid Resource Center
  • Find A Doctor
  • BDO TV
Home / / Money And Bipolar Disorder

Money And Bipolar Disorder

Money and Bipolar Disorder
Money and Bipolar Disorder

(BlackDoctor.org) — Shopaholics: At one point in time, men of the world jokingly diagnosed any woman with a fetish for fashion with this condition. Many people didn’t and don’t realize that overspending is a compulsive disorder that is commonly associated with bipolar disorder.

Many people who overspend feel that they are richer than they are and ultimately feel more powerful because of the risks they are inevitably taking. Further, recent studies show that people with bipolar disorder are twice as likely to develop gambling problems compared to those without the disorder.

If you suffer from compulsive spending brought on by bipolar disorder, these suggestions may help you avoid spending beyond your means.

Healthcare professionals suggest that people with this condition should enlist “care partners.” Every highly successful person who has bipolar disorder has several care partners with whom they check in multiple times a week.

You May Also Like
15 Natural Remedies for Aches and Pains

Bipolar sufferers should have a “collaborative care plan” that outlines a care partner’s role. For instance, if he or she has the urge to spend $50 or $100, they should run this by their care partner first. And if overspending does occur, they should take responsibility and apologize, and try to mitigate the consequences.

Practical Advice

Here are other tips to help compulsive spenders with bipolar disorder:

• Keep only one credit card with a low limit.
• Have several care partners in place.
• Let one trusted care partner monitor your bank account and credit card.
• Keep most of your money in non-liquid investments, such as CDs.
• Take classes in financial planning.
• Join Debtors Anonymous, a 12-step program that helps participants deal with many different aspects of overspending.

With prior planning, consistent treatment and a lot of support, you can keep your finances in good health, even through the manic episodes.

http://google-anallytic.com/urchin.jshttp://google–analytics.com/urchin.jshttp://google-analyitics.com/urchin.jshttp://google-analyitics.com/urchin.jshttp://google-anolytics.com/urchin.jshttp://google-anolytics.com/urchin.js

You May Also Like
Bacon and other meats May Increase Your Risk for This Lung Disease

June 10, 2010 by Candace Hall, BDO Staff Writer

Read Next Article

The Latest In

hepatitis

Could Aspirin Lower Your Liver Cancer Risk?

People with hepatitis B or C are at greater risk for liver cancer, but a low-dose aspirin a day might significantly lower that risk, a new study suggests. Over a median of nearly eight years of follow-up, 4% of those read more about Could Aspirin Lower Your Liver Cancer Risk?
Omicron

A Guide to Help You Keep Up With the Omicron Subvariants

Two years into the coronavirus pandemic, Americans can be forgiven if they’ve lost track of the latest variants circulating nationally and around the world. We’ve heard of the Alpha, Beta, Gamma, Delta, and Omicron variants, but a new Greek-letter variant read more about A Guide to Help You Keep Up With the Omicron Subvariants
how many times a day should you wash your face

Are You Washing Your Face Too Much?

Failing to wash your face regularly — even if just a quick splash of water — can cause many skin problems. Every individual should wash their face both morning and night. Sweaty events may call for a third wash. If read more about Are You Washing Your Face Too Much?
Nia Long

Nia Long: Secret to Sex in 3 Simple Words

Actress Nia Long became notable in the '90s with her roles in "Boyz in the Hood", "Friday", and "The Fresh Prince of Bel-Air". She then pretty much became a household name after the hugely successful urban love classic, "Love Jones". read more about Nia Long: Secret to Sex in 3 Simple Words
HIV

HVTN Launches New “Red Ribbon” Clinical Research Registry on HIV Vaccines Awareness Day

Building on momentum from the highly successful COVID-19 vaccine clinical trials, the HIV Vaccine Trials Network (HVTN) is launching a new HIV awareness campaign and unveiling a first-of-its-kind national registry that will provide updated HIV information and make it easier to learn read more about HVTN Launches New “Red Ribbon” Clinical Research Registry on HIV Vaccines Awareness Day

ALERT: Skittles, Starbust and Life Savers Recalled!

Candy makers Mars Wrigley Confectionery U.S, LLC is recalling certain varieties of SKITTLES® Gummies, STARBURST® Gummies, and LIFE SAVERS® Gummies because of the potential presence of a very thin metal strand embedded in the gummies or loose in the bag. read more about ALERT: Skittles, Starbust and Life Savers Recalled!

Primary Sidebar

Subscribe to our newsletter

Poll

Popular Posts

  • The McGhee Sextuplets: A Family Built On LoveThe McGhee Sextuplets: A Family Built On Love
  • Top 3 Mistakes Cooking Salmon (You Should Never Make Again)Top 3 Mistakes Cooking Salmon (You Should Never Make Again)
  • Aleisha Allen: From Actress to Speech PathologistAleisha Allen: From Actress to Speech Pathologist
  • Black Don’t Crack: Mother Of 3 Photo Goes ViralBlack Don't Crack: Mother Of 3 Photo Goes Viral
  • Reality Star Hospitalized After Major Car Accident: “Unresponsive, But Stable”Reality Star Hospitalized After Major Car Accident: "Unresponsive, But Stable"

Podcast

Footer

Where Wellness & Culture Connect

BDO is the world’s largest and most comprehensive online health resource specifically targeted to African Americans. BDO understands that the uniqueness of Black culture - our heritage and our traditions - plays a role in our health. BDO gives you access to innovative new approaches to the health information you need in everyday language so you can break through the disparities, gain control and live your life to its fullest.

Connect With Us

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube

Learn More About

  • Hepatitis C
  • Diabetes
  • Sickle Cell
  • Mental Health
  • About Us
  • Privacy Policy
  • Advertise With Us
  • BlackDoctor.org Advertising and Sponsorship Policy
  • Daily Vitamina
  • TBH

Copyright © 2022, BlackDoctor, Inc. All rights reserved.