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Home / Save Money / The Seven Deadly Money Sins

The Seven Deadly Money Sins

By Ricky Willis | last updated 3rd November 2014

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Wrath, greed, sloth, pride, lust, envy, and gluttony. Each one of these deadly sins or vices can be related to many many things in our lives.

Greed, pride and envy are the ones that have done me the most injustice, especially when it comes to money matters.

It’s funny actually, although I have heard of the sins I have never thought how they relate to things in my life; that was until I came across Wealth Horizon’s FREE eBook entitled “The Seven Deadly Money Sins”

Over the years my relationship with cash has been more complicated than trying to complete a Rubik’s Cube blindfolded. There have been times when I’ve overspent and left myself and my family short because of pride; there have also been other times where I have been envious of others who were better off than me and this also led to bad financial decisions.

Looking over the seven deadly sins you can start to see how they can each easily relate to the way we deal with money and, in the modern world we live in, you can see how easy each one can rear it’s ugly head!

The free to download Seven Deadly Money Sins eBook from Wealth Horizon is a great guide which sets out to help you grasp a better understanding of your own financial vices. It looks at each of the sins individually and gives practical tips which will help change your behaviour towards money so you can hopefully start to control of your financial situation.

To give you a taster of the book, here is sin number 1 – Greed.

Greed

You love money, and you’d like more of it, but sorting out your finances is never top of your ‘to do’ list. Why would it be? There’s always something more interesting to do with your time and your cash. Holidays, clothes, bikes, home improvements, eating – there are thousands of things you want NOW, never mind in ten years’ time.  This living life to the full attitude has its merits – but it probably leaves you with a few worries about your financial situation. People who live in the moment and don’t think about tomorrow tend to fall into debt. Maxed out credit cards and more than several store cards feed the habit of more, more, MORE.

Wealth Horizon | Seven money sins

Indulging in everything now, and not leaving yourself anything for the future, can make you feel uncomfortable.  Binge buying leads to financial indigestion!

Most likely to think

I’ll buy this today, and start thinking about the future tomorrow.

Most likely to say

I deserve this. 

How to change

All these purchases may give you a sense of gratification or even self-worth today but they will not make you financially secure in the future.  It’s tough, but sometimes life is about making sacrifices.  You might feel like all that’s standing between you and happiness today is that new outfit/car/holiday in the sun but what would really make you happier deep down is knowing you don’t need to worry about tomorrow.

Do one thing today

Identify your emergency funds and your discretionary spending and invest the rest

 

If you’re interested in finding out how the other six sins relate to you and your money matters, and what steps you can do to change things; head over to the Wealth Horizon resources page today and download the ebook absolutely free of charge!

Written in collaboration with Wealth Horizon

  • About
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Ricky Willis
A little bit of everything at Skint Dad
Ricky Willis is the original Skint Dad. A money-making enthusiast, father, and husband to Naomi. He is always looking for unique ways to earn a little extra.
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Comments

  1. seben says

    13th November 2014 at 2:31 pm

    Hello Ricky,
    You know what?
    These are all from an old book.
    “The greedy bring ruin to their households ”
    “Watch out! Be on your guard against all kinds of greed; life does not consist in an abundance of possessions.”
    “…..the very people I have created.
    I was enraged by their sinful greed”
    Some of these were written like more than 2000 years ago.
    Book can be accessed free from
    https://www.biblegateway.com
    and many other websites.
    Book is so old it is now public domain.
    Following that book from my childhood and trying to live its way, has been a great blessing to me. I have never been in debt. Though I have never had a big salary at any point ( I am now a pensioner) I have managed to give a few people some financial help and more than that passed on to many more the tips from that book on living life to the full.

    Reply

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