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Personal Finance

Dieting Is Making You Poor

If you want a heavy wallet, you should stop dieting. That’s right. If you care about your net worth, you’ll gladly eat that Little Debbie Brownie sitting in the pantry. (Mmmm… Little Debbie Brownies….)

According a study done by the University of Michigan, dieting can increase the likelihood that you’ll spend more money impulsively.

Humans only have a limited number of mental resources to allocate towards self control. The scientists theorize that if you’re using these mental resources to resist food cravings, you become more prone to giving in to other temptations, like impulse spending.

Alright, so you shouldn’t just let yourself go. But maybe this is a reason to stop obsessing with whichever Atkins/South Beach/No Carb diet is in vogue. Just eat like a normal person. Your wallet will thank you.

Additionally, dieting itself can get expensive. Diet books, diet programs, and special diet food can all eat away at your bank account.

Source: Men’s Health June 2007

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[tags]diets, personal finance, money[/tags]