Do you know a financial hoarder?  4 steps to untangle the mess

Do you know a financial hoarder? 4 steps to untangle the mess

At first glance, financial hoarding doesn’t seem like such a bad thing. What’s wrong with asset accumulation? But this good behavior can easily become hoarding when taken too far. When hoarding for fun becomes the goal, you, or someone you know, might be getting into financial hoarding.

Like hoarding physical items, financial hoarding can spiral out of control because all those different accounts and pools of money become too overwhelming to deal with. Ignoring the situation only makes the situation worse and harder to sort out, but that’s exactly what people want to do. I experienced this in my own family.


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