Guest Author Sam Vaknin:
Tips: How to cope with financial abuse.

"The Raven" by Mimi Stuart ©Live the Life you Desire

“The Raven” by Mimi Stuart ©
Live the Life you Desire

Q. Would narcissists often try to restrict their partner’s independence by reducing their access to shared family finances? Why?

A. Narcissists are control freaks, paranoid, jealous, possessive, and envious. They are the sad products of early childhood abandonment by parents, caregivers, role models, and/or peers. Hence their extreme abandonment anxiety and insecure attachment style. Fostering financial dependence in their nearest and dearest is just another way of making sure of their continued presence as sources of narcissistic supply (attention.) He who holds the purse strings holds the heart’s strings.

Reducing other people to begging and cajoling also buttresses the narcissist’s grandiose fantasy of omnipotence and provides him with a somewhat sadistic gratification.

Q. Would it also happen with female narcissists exercising control over men?

A. Yes. There is no major psychodynamic difference between male and female narcissists.

Q. What advice would you give to someone in a relationship with a narcissist? Should they try to keep their finances separate?

A. They should never allow themselves to be irrevocably separated from their family of origin and close friends. They should maintain their support network and refuse to become a part of the narcissist’s cult-like shared psychosis. They should make sure that they have independent sources of wealth (a trust fund; real estate; bank accounts; deposits; securities) and sustainable sources of income (a job; rental income; interest and dividends; royalties). Above all: they should not share with their narcissistic intimate partner the full, unmitigated details of their life and critical bits of information such as banking passwords and safe box access codes.

Q. I understand that narcissists will sometimes sacrifice their finances and get into big trouble financially (even going bankrupt) in order to satisfy other narcissistic desires – so I presume this means that narcissists are also people whose finances can be instable?

A. It is not as simple as that. The classic narcissist maintains an island of stability in his life (e.g.: his job, business, and finances) while the other dimensions of his existence (e.g., interpersonal relations) wallow in chaos and unpredictability. The narcissist may marry, divorce, and remarry with dizzying speed. Everything in his life may be in constant flux: friends, emotions, judgements, values, beliefs, place of residence, affiliations, hobbies. Everything, that is, except his work.

His career is the island of compensating stability in his otherwise mercurial existence. This kind of narcissist is dogged by unmitigated ambition and devotion. He perseveres in one workplace or one job, patiently, persistently and blindly climbing up the corporate ladder and treading the career path. In his pursuit of job fulfilment and achievements, the narcissist is ruthless and unscrupulous ˆ and, very often, successful.

The borderline narcissist reacts to instability in one area of his life by introducing chaos into all the others. Thus, if such a narcissist resigns (or, more likely, is made redundant) ˆ he also relocates to another city or country. If he divorces, he is also likely to resign his job.

This added instability gives this type of narcissist the feeling that all the dimensions of his life are changing simultaneously, that he is being “unshackled”, that a transformation is in progress. This, of course, is an illusion. Those who know the narcissist, no longer trust his frequent “conversions”, “decisions”, “crises”, “transformations”, “developments” and “periods”. They see through his pretensions, protestations, and solemn declarations into the core of his instability. They know that he is not to be relied upon. They know that with narcissists, temporariness is the only permanence.

Narcissists hate routine. When a narcissist finds himself doing the same things over and over again, he gets depressed. He oversleeps, over-eats, over-drinks and, in general, engages in addictive, impulsive, reckless, and compulsive behaviours. This is his way of re-introducing risk and excitement into what he (emotionally) perceives to be a barren life.

The problem is that even the most exciting and varied existence becomes routine after a while. Living in the same country or apartment, meeting the same people, doing essentially the same things (even with changing content) ˆ all “qualify”, in the eyes of the narcissist, as stultifying rote.

The narcissist feels entitled. He feels it is his right, due to his intellectual or physical superiority, to lead a thrilling, rewarding, kaleidoscopic life. He wants to force life itself, or at least people around him, to yield to his wishes and needs, supreme among them the need for stimulating variety.

by Sam Vaknin, Author of the comprehensive book on narcissism “Malignant Self-love: Narcissism Revisited.”

Read Codependence by GUEST AUTHOR SAM VAKNIN:”Issues and Goals in the Treatment of Dependent Personality Disorder.”

Read Alison Poulsen’s Marrying into Money:
“He used to take care of me, and now he treats me like a child.”

Read Guest Author SAM VAKNIN’s
“He Abuses Me in So Many Ways. How do I Cope?”

“I want to enjoy life and not just think about money.”

"Flow"
by Mimi Stuart ©
Live the Life you Desire

It is a false dichotomy to suggest that a person either enjoys life or thinks about money. It’s true that some people are more the accountant, organizing type, while some are the more romantic, impulsive type. Yet, as counter-intuitive as it seems, the more highly-developed your inner bookkeeper becomes, the more you can truly develop your inner romantic, and vice versa.

The key is to develop both of these parts within yourself—the wise and efficient financial planner and the romantic who knows how to live life to the fullest—and to be able delegate between the two.

Problems generally develop when people identify exclusively with one side or the other.

Visualize the one-sided accountant type with pursed lips and a furrowed brow, who buys a ski lift ticket, and then can’t stop second guessing the purchase and calculating the cost of each ski run rather than enjoying the skiing. The one-sided romantic type, on the other hand, shoves all bills in a drawer and, happy-go-lucky, ignores and forgets them until the day of reckoning. The first cannot enjoy the moment and the second is headed for a financial cliff.

When you build a house, different trades focus on particular specialties—the electrician on lighting, the plumber on plumbing and so on. What is critical is that there is a general contractor to coordinate it all.

Similarly, people need to schedule and coordinate their inner “trades.” By avoiding financial chaos and debt overload, you can create peace of mind to live life without having to fear an impending crisis. Here are some guidelines to find a balance between taking care of the future and enjoying the present:

1. Spend less than you earn. The worry about growing debt rarely is worth the things purchased on credit. Focus instead on all the free things that can create a fulfilling life.

2. Put money into savings first. Savings provide security and allow one the freedom to make transitions in life. For example, with adequate savings, you can handle losing your job or consider changing your job and save for retirement.

3. Pay bills at a scheduled time. If you pay your bills on a scheduled day every week, you take care of your business and alleviate the dread of dealing with bills and accumulated debt.

4. Take care of issues promptly when they’re small. When you can’t pay a bill or a bank statement seems to be wrong, deal with the problem immediately before it turns into an overwhelming predicament. By moving from dread to action, you minimize complications, extra fees, and your own psychological discomfort.

5. Once you’ve dealt with your finances, choose to enjoy life and the people around you. After dealing with bills and the budget, allow your inner accountant to recede into the background, and bring forward other parts of your personality to enjoy the present moment. Purposefully switch modes from being task-oriented, responsible, and bean counting to being in your body, connected to others, and appreciating the world around you.

We can never completely alleviate financial insecurity. Yet by thinking about money, finances and other practicalities at regular intervals, we actually free ourselves from thinking about money all the time, giving ourselves enough serenity from worry to enjoy life more fully.

by Alison Poulsen, PhD

Read “Avoidance Behavior: ‘I’ve been dreading telling her about our financial problems.’”

Read “Saving money: ‘I want to buy this now!’”

Read “Maslow’s Hierarchy of Needs: ‘Since he lost his job, he doesn’t seem to care about our relationship.’”

Living together Part 2: Fairness — “Well, I’m paying for everything!”

"Harmonic Balance" by Mimi Stuart
Live the Life you Desire
read

Be fair with others, but then keep after them until they’re fair with you.

~Alan Alda

In addition to having manners and maintaining boundaries, being fair in what you contribute in a household makes a big difference in long-term relationships. Here are a few guidelines that work for most people:

1. Clean up after yourself. There’s nothing so discouraging as living with someone who leaves a mess everywhere. Relaxed order, not sanitary perfection, is a happy medium for most people living together. People who are either sticklers for perfection or extremely messy are often better off living alone.

2. Be thoughtful, but beware of doing too much for others. While it’s kind to cook or clean for others, doing too much without willing reciprocity from them may lead to you becoming resentful.

3. Maintain your boundaries regarding personal property. It’s nice to be generous with people who are respectful and appreciative. However, if someone “borrows” something of yours without asking, you might say, “I’d like you to ask me first.” If people don’t respect your belongings, they likely will not respect you. If they persist in “borrowing” without asking, take steps to secure your property.

4. Have clear understandings regarding finances, both your own and your collective finances. In temporary relationships, where society has no legal say, such as non-married partners, or renters who share a house, it is very important to have clear understandings that address bills, finances and paperwork. Clearly define what belongs to whom and who is responsible for what. Even if you live with your best friend or the love of your life, you want to protect yourself and your relationship from the outset. A relationship is more solid and stress-free when there is clarity regarding finances.

5. Don’t gossip. When you align yourself with just one person, if there are more than two in the household, others in the house may feel alienated.

6. Have a sense of humor. This is probably the most beneficial trait you can have in relationships. As William James puts it: “Common sense and a sense of humor are the same thing, moving at different speeds. A sense of humor is just common sense, dancing.”

by Alison Poulsen, PhD

Read “Living together Part I: Manners and Boundaries”

Read “I don’t want finances to get in the middle of it, because I don’t want it to get ugly.”

“I don’t want finances to get in the middle of it because I don’t want it to get ugly, I just want to be fair.”

"Meadow Wander" — Squaw Valley by Mimi Stuart
Live the Life you Desire

Do not make financial decisions based on a fear of intimidation! If you do, then you will remain a victim to intimidating people. It’s a law of human nature that manipulative, self-centered people sense when they have the upper hand with those who fear intimidation and confrontation.

Moreover, people are more willing to do what’s fair when they know they are not dealing with a pushover.

Fairness is an appropriate goal, not avoiding ugliness, because the only way one person can guarantee avoiding ugliness is by being a slave to whatever the other person wants. Two people are in charge of finding a peaceful solution—not just you.

If you are a person who fears confrontation, you have to become willing to face another person’s unpleasant reactions. You can remain calm and gracious without backing down in the face of confrontation. You can’t control how someone else may react, unless you are willing to give in to all demands to appease bad behavior.

You need to be willing to set up boundaries to enjoy peace and harmony.

by Alison Poulsen, PhD

Read “Pleaser and Receiver.”

Read “Dealing with Angry People.”

No money: “I get really unhappy not to be able to buy clothes when I see all my friends shopping.”

"Paya" by Mimi Stuart
Live the Life you Desire

If asked to make a list of the happiest moments in their lives, most people will say that they are the times they spend with friends and family, enjoying the moment, enjoying nature, admiring a work of art, doing something for someone they love or for someone in need. They also enjoy learning, understanding, and moving their body — walking, dancing, or pursuing a sport.

None of these pursuits require money. The feeling of enjoyment that comes from learning, accomplishing something, or bringing joy to others lasts longer than simply purchasing new clothes.

There’s no denying that buying a new outfit or a new car is pleasurable, and it is nothing to be ashamed of. That pleasure, however, loses its luster very quickly. In fact, that’s why many people buy more clothes and stuff than they really need. They have to keep buying more to repeatedly get that quick fix of enjoyment, despite the fact that it fades so quickly.

Instead of focusing on those quick highs from getting something new, focus your energy on the deeper, more meaningful ways to experience happiness, and your longing to seek the short-lived gratification of purchasing more stuff will diminish.

by Alison Poulsen, Phd

Read “I’m embarrassed that I can’t afford to go out.”