I'm currently 19 yo. I always spent too much money in my own life (starting from the day when i know how to spend money). E.g. If I have $100 with me, I can spend $200 (I'll borrow the extra $100 from my friends). I started that habit of borrowing money when I was 13.
I always feel guilty not buying stuff, just browsing in the shop and walking out of the shop without something. Or is that just an excuse for - Buying stuff makes me feel good, but after a while that feeling is gone, I have to go and buy more.
Now I'm studying overseas in Australia. My borrowing money habit stopped when I was 18, because my parents gave me a Credit Card (incase something emergency happens and I need extra money). At first, I have AU$400 allowance from my parents each month + credit card (unlimited). I spend a total of around AU$600/mth. (I don't have to worry about the rent/ utilities fees/ school fees) However, currently I got my parents to raise my allowance to AU$500/mth, because I got into Uni. Anyhow, my credit card debt only accumulates from month to month. I uses cash advance to cover the debt till next month and repeat it before the payment dues, so my parents only pay a non-shocking amount (about $500) each month. A $400 increase in my spending. But I don't feel like I actually bought a lot of stuff. Currently, the total amount in my Credit Card is approx. AU$3000.
Because I know I'll get consequences, so I have been 'controlling' my spending. I believe once if I support my own living, I won't be able to stop myself. I know I can't continue doing this. I want to change to habit, but how?
Is that normal?
