Money disorder

2022-06-03 13:41:22

Money disorders are the maladaptive patterns of financial beliefs and behaviors that lead to clinically significant distress, impairment in social or occupational functioning, due to financial strain or an inability to appropriately enjoy one's financial resources. Also known as financial strain, it is a belief that there is never enough money available to pay bills or provide the necessities of life. With the exception of pathological gambling and compulsive buying, psychology and the mental health fields have largely neglected dysfunctional money disorders. The term is contentious among mental health professionals and as of 2017, money disorder is not a clinical diagnosis in either the DSM or ICD medical classifications of diseases and medical disorders. Although, it is debated that money disorders and financial strain are some of the worst chronic stressors affecting people on an ongoing basis.

Money disorders are the maladaptive patterns of financial beliefs and behaviors that lead to clinically significant distress, impairment in social or occupational functioning, due to financial strain or an inability to appropriately enjoy one's financial resources. Also known as financial strain, it is a belief that there is never enough money available to pay bills or provide the necessities of life. With the exception of pathological gambling and compulsive buying, psychology and the mental health fields have largely neglected dysfunctional money disorders. The term is contentious among mental health professionals and as of 2017, money disorder is not a clinical diagnosis in either the DSM or ICD medical classifications of diseases and medical disorders. Although, it is debated that money disorders and financial strain are some of the worst chronic stressors affecting people on an ongoing basis.
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