Fear of spending money, known as chrometophobia or chrematophobia, is an abnormal and persistent fear of spending money or being around it. Those who suffer from the condition have irrational anxiety when around cash. The sufferers fear that they might mismanage the money they have.
Chrematophobia: Fear of money. Although born to a wealthy family, he has chrematophobia and lives a spare life. From the Greek chrimata, money + phobia.
Have an action plan for your fear of money. Focus on one thing at a time so that you don't get overwhelmed. If you feel like you don't have enough savings, decide how much you need for emergencies. If you feel like you'll never make enough money, make a list of what you want and need.
Also known as a “fear of large objects,” this condition is marked by significant nervousness that is so severe, you take great measures to avoid your triggers. It may also be serious enough to interfere with your daily life. Like other phobias, megalophobia is tied to underlying anxiety.
Persistent anxiety, however, may be a sign that your spending habits—and your overall finances—need attention. When you're ready, you can take positive steps to understand where these worries are coming from, manage your money more effectively and build confidence in your financial health.
Allodoxaphobia. An extremely rare phobia, allodoxaphobia is used to define the fear of opinions. The phobia is believed to be associated with previous encounters wherein the person affected has not been able to properly express their opinion, or has had their opinion rejected.
Specific phobias, like cynophobia, affect some 7 to 9 percent of the population. They're common enough that they're formally recognized in the Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition (DSM-5). Cynophobia falls under the “animal” specifier.
Here's what you need to know to learn how to spend money on yourself with no shame!
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Here are a few tips to help you thoughtfully enjoy non-guilty spending.
Parallel Phobias and Treatment
And this one, in particular, is a relatively common phobia. Bathophobia (fear of depths), cymophobia (fear of waves), megalohydrothalassophobia (fear of large underwater sea creatures and objects), and aquaphobia (fear of water) may also evolve into thalassophobic reactions.
Overview. Somniphobia causes extreme anxiety and fear around the thought of going to bed. This phobia is also known as hypnophobia, clinophobia, sleep anxiety, or sleep dread. Sleep disorders can cause some anxiety around sleeping.
Automatonophobia is a fear of human-like figures, such as mannequins, wax figures, statues, dummies, animatronics, or robots. It's a specific phobia, or a fear of something that causes significant and excessive stress and anxiety and can negatively affect a person's quality of life.
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