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Money Addiction. Does it Exist?

Money is essential in life. You need it to stay afloat in life. However, is it possible for a person to develop an unhealthy dependency on cash? Some money addiction habits are obvious to notice while most are not. It is easy to spot some of these obvious manifestations, such as a money gambler or one who flashes their designer clothes or new luxurious cars. However, the challenge comes in noticing the hidden signs that even you could be having.  Anything can get you addicted. However, money addiction is easily dismissed since there are addictions that are considered worse, such as substance dependence. While money addiction is not as bad as substance dependence, the consequences are equally dire. Dependency on money can undermine integrity and honesty, ruin relationships, destroy careers, and even trigger depression. Let’s break this down to signs of money addiction and how you can beat money addiction.

5 Signs of Money Addiction

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1. You Are Obsessed With Obtaining Money

Your mind is ever preoccupied with the idea of obtaining money or getting more money. Consequently, even your behavior revolves around acquiring money. Such acts may include gambling or buying lottery tickets with the hope of winning and also overworking.

2. Being in Denial

When you are in denial about money addiction, you will tend to be unclear about your earnings, savings, expenditure, and debt. It is common for people to live in an obscure financial situation where you do not know the sum of money in your bank account or the total debt you owe your credit card company. You can also be in denial about your financial status, which may cause you to overspend and live a lifestyle you cannot afford. This will make you get into more financial debt and bankruptcy. Lack of financial goals, such as a retirement plan or saving for rainy days, is also a form of living in denial.  In such cases, you tend to think that a solution will come up when the problem arises, which is unrealistic. Denial does not only happen to irrational spenders and chronic debtors. It can easily happen to people who save excessively and hardly spend the money they have. Such people tend to worry about the numbers in their accounts and believe that the more the money, the happier and more satisfied they will be, but in most cases, the amount in their accounts will never be enough. Denial keeps people from seeking help, even as these behaviors continue to destroy their lives.

3. Self-image Tied to Money

People who have an addiction to money tend to believe that their self-image and self-worth is determined by the amount of money they earn, the money in their bank accounts or how much they spend. The hoarders go to the extent of missing events or social gatherings where they are expected to spend money with the fear of losing it.

4. Involving Yourself in Dangerous Behaviors

This is a common trait in people who are obsessed with money.  You tend to engage in risky behaviors such as gambling, overindulgence in the stock market with the hope of making more money and overspending. This occurs even if the gambler or the over spender cannot afford to make potential losses. However, this behavior of involving yourself in risky behavior to earn more money does not apply to all people who can be termed to be addicted to money.

5. Inability to Change Your Money Habits

You lack control over your money, and you cannot change your money habits despite the horrible consequences that come with your money dependence.  You have probably tried to change, but no solution is working, no matter how hard you try.  You have probably made decisions such as using cash instead of your credit card, but you end up carrying and using your credit card instead or you take some more money from your family savings to hit the casino one last time and swear you will return the money, but this never happens. If this is the case, then you have little to no control over the financial aspect of your life.

Effects of Money Addiction

People who are addicted to money require money to feel happy and satisfied, but the feeling is short-lived, and you end up brainstorming on other ways to make more money. You may also feel the need to keep your destructive behavior private due to the shame that comes with it, and this may cause more impulsive gambling or shopping. The consequences could be as bad as getting divorced, losing all your property, or bankruptcy.  You may lose self-confidence due to these recurring habits and begin to doubt your inherent abilities. Eventually, all of this will trigger depression.

3 Strategies for Beating Money Addiction

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  1. Be Honest With Yourself. If you identified with the signs listed above, you likely have money addiction. Admit it to yourself that you have a problem, and you need to seek help. This is the first step in dealing with money addiction.
  2. Have a Genuine Desire for Change. Consciously and willingly admit that you want to change and make inventories on your spending and study the patterns. This will help you see where your negative money habits are at.
  3. Seek Professional Help. Most times, you are too deep into the addiction and negative habits that you need professional help to help you begin your sober living.

Getting Help from Riviera Sober Living

Riviera is a health and wellness community helping men and women recover from substance use, mental health, and co-occurring disorders. We, at the Riviera Sober Living, have a unique and holistic approach to establishing long-term recovery. These programs also include couples sober living. The Riviera team provides the necessary guidance to support successful recoveries.  people standing on sandy beach, recovery homes in santa monica, halfway house los angeles, sober living homes in los angeles Our personnel dedicates their time to ensure you’re comfortable and have a friendly stay at our homes. Our therapists work with you to identify where the problem stems from and how to help you recover. Our services include treatment and therapy activities. Residents can also come and go as they please, and this creates a balance between the inpatient facility and the real world.  Riviera Sober Living has two facilities. The Palisades House and the Barrington House. The Palisades House is located at Pacific Palisades. It is co-ed with separate bathrooms for each gender and is a short walk to the beach with amazing views of the Pacific Ocean. The Barrington House is in West Los Angeles. The location is all male and a walking distance to various parks and a couple of shops. It is also close to schools such as UCLA, USC, SMC, LMU, and other schools.

Conclusion

Money addiction is an unhealthy dependence on money. Some signs of money addiction are gambling, overspending, or excessively saving.  The signs of money addiction are living in denial and obsessing over obtaining more money. These signs can also portray themselves in habits such as the inability to change unhealthy money habits, the self-image and self-worth of the person tied to the amount of money they have, and involving yourself in risky behaviors to get more money. The effects of dependency on money are undermined integrity and honesty, ruined relationships, destroyed careers, and can even trigger depression. You can cope with money addiction by being honest and coming into terms with your problem, open up to those closest to you and ask for their help. You should also make strong and intentional plans to beat the negative spending patterns you have and by seeking help from health and wellness communities such as Riviera Sober Living. The primary reason to work for money is to be able to purchase your tangible needs. This is the traditional way of thinking about money. Nevertheless, human beings don’t tend to behave in that way. Sometimes getting money only further fuels your urge to get more money. This behavior of human beings tends to be highly influenced by the situations they are in and environments from which they come from. At Riviera Sober Living – West Los Angeles Home, we are a sober house in Los Angeles, and we provide support to people dealing with alcohol and drug use, mental health, and co-occurring disorders. Our personnel and therapists work to ensure a holistic approach to establishing long term recovery. Contact us today and let us help you live a healthy, fulfilling life. Protected by Copyscape
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Sober Living Houses in Malibu

Once you complete your detox, the tricky phase of staying sober begins. Statistics show that about 40 to 60 percent of recovering addicts falter during this stage and relapse. Without proper care, you are likely to be among this group that goes back to using drugs.  Sober living homes or halfway houses are an excellent place for recovering addicts to sustain their sobriety. Many people that leave inpatient treatment centers struggle to transition into a life free from drugs without rules. Halfway houses provide the environment a recovering addict needs to transition to society. Recovering addicts that start rehab today in sober living homes have a high probability of staying sober.

What Differentiates Sober Living Homes from Inpatient Rehab Facilities 

woman looking at a laptop while talking on her phone, sober living los angeles, couples sober living There are a few differences between sober living homes and inpatient rehab centers. 
  1. Period of stay – you can stay in halfway houses for as long as you need rehab. There are no restrictions on the duration of your stay. In case the agreed period comes to an end, and you still feel that you need rehabilitation, you can extend your stay. Residential facilities offer programs for specific periods, such as 30 or 90 days.  
  2. Care – you do not have full time caregivers in halfway houses. However, addiction consultants and specialists may visit the home frequently for checkups or counseling sessions. For a residential facility, the doctors or caregivers are available full time to assist you in your recovery. 
  3. Freedom of movement – you have the freedom to move in and out of the halfway house to a large extent. This liberty enables you to integrate into a sober life in society slowly. Similarly, your friends and family have more leeway in terms of visitation. However, the facility may impose some restrictions on these movements, such as curfews and designated visiting hours. Residential facilities, on the other hand, prohibit your movement out of a rehab clinic, and they rarely allow visitors into the facility. 
  4. Routine – you follow fewer routines in halfway houses than in residential centers. Sober living homes may have a few mandatory programs, such as therapy with an addiction treatment consultant. However, you may have to occasionally perform some chores and be in bed by a given time. This routine is for helping you be responsible as you transition to society. Residential centers have daily routines. 

What Defines a Sober Living Home? 

The concept of sober living homes originated in California. It involves recovering addicts staying in a drug-free environment as they transition to society after detox. Halfway houses allow them to follow fewer rules as they integrate into the new life of sobriety. Their programs are often different, with only willing participants taking part. Consequently, they usually do not require addiction rehab licenses that other addiction facilities need to operate.  Almost all halfway houses have these characteristics:
  • They do not allow drugs in their vicinity 
  • They provide no formal treatment  
  • They encourage residents to participate in group programs such as Alcohol Anonymous and Narcotics Anonymous 
  • They demand that residents comply with house rules, which provide a conducive environment for the recovery of residents and make them responsible 
  • They share costs such as rent and other expenses among residents 
  • They allow residents to stay for as long as one has the feeling that rehab is right for them.

Typical Rules in Sober Living Homes 

a man looking at a laptop outside, sober living los angeles, couples sober living, sober living house los angeles To provide a conducive environment for you and other residents, and to give you a good chance of staying sober, halfway houses have these regulations. 
  1. Nightly curfew for inhabitants 
  2. Zero drug tolerance policy 
  3. Limits on the number of guests and period of their stay 
  4. Employment requirements 
  5. Expenses and duties contributions by inhabitants 
  6. Attendance of mandatory sober home meetings 
  7. No visitors that are high on drugs
  8. Submission of samples for occasional drug tests 
  9. Attendance at the required number of counseling sessions or 12-Step gatherings 
There are fewer, less stringent regulations to be followed when staying at a sober living home. There are fewer regulations for starting life in halfway houses because they offer different services from one facility to another. Additionally, they provide unique drug rehab programs, and their residents check in willingly. 

Is Sober Living Right for Me? 

A halfway house can be ideal for you under the following circumstances. 
  • You have tried residential treatment unsuccessfully before, and you cannot stay away from drugs while at home 
  • You struggle to maintain a life of sobriety in society once you stay in a residential rehab center comes to an end 
  • It would be best if you had addiction rehab while continuing with aspects of your life, such as school or work 
  • You do not have support from your family and friends, which is often vital for sustaining sobriety in society 
  • Outpatient programs do not satisfy your drug detox treatment requirements 
Sober living may not be ideal in these situations. 
  1. You cannot afford the fees that halfway houses charge 
  2. Your addiction requires a more intensive treatment plan 
  3. You struggle to get along well with people, especially new faces, and you may violently resist their efforts to warm up to you or shut down 

Why Choose a Sober Living House in Malibu 

a group of friends hanging out by the beach, sober living los angeles, couples sober living, sober living house los angeles Choosing a facility to reside in during a sober living program can be challenging. There are many sober homes across Los Angeles, in California and beyond. Malibu is an excellent location for various reasons. 
  • Rest and recreation – getting used to a life free from drugs can be demanding. However, Malibu offers numerous outdoor opportunities to replenish your energy and enjoy your new life. You can surf, swim, hike, bask in the sun, or meditate. The scenic surroundings will make these activities enjoyable and help you through periods of mental exhaustion. 
  • Convenient location – Malibu is in a strategic area, 40 miles away from L.A. and near L.A. International Airport. This locale provides excellent proximity to aspects that can be important during your sober living. You can get away to interact with people, find a job, or travel easily while in a halfway house in Malibu. 
  • Inspiring natural beauty – Malibu has lush canyons, warm beaches, and magnificent views of the Pacific Ocean. These sceneries can help you relax during your sober living, which is crucial for ensuring the program works. 
Riviera Recovery provides excellent facilities for sober living in Malibu. We believe in putting our residents’ needs first, and we commit to high-quality standards. Our sober living homes are spacious, luxurious, and comfortable. Many of our previous residents have transitioned into a drug-free life in society successfully.  We have Pacific Palisades House, which is coed and Barrington House, which is an all-male center. We developed our facilities with the help of our rehab licensing consultant, who advised us through how to start the transition towards sober living. Some of the services we offer are weekly social activities, mentor meetings, food management systems, and transportation to and from 12-step meetings. 

Conclusion 

Quitting drugs and living a sober life can be difficult. Sober living is a crucial program for recovering addicts that want to transition into a life free from drugs. Residents in sober homes follow some guidelines as they integrate into society and sobriety.  Halfway houses provide more freedom than residential facilities, and inhabitants can stay in them as long as their recovery needs it. However, it may not be ideal in specific circumstances. Sober living homes in Malibu are located conveniently near various locations, and they have beautiful scenery to help you through sober living. Reach out to Riviera Recovery today to learn how we can help you transition to sobriety.
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