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Narcissists share these 5 toxic money habits 

Narcissists share these 5 toxic money habits

Narcissism is a very challenging personality disorder, and unfortunately, some of the most common traits of narcissists often go unnoticed or ignored, especially by people who don't know about narcissism or have other weaknesses like low self-esteem.

Narcissists seek power over others to feel better about themselves, and money is a tool they use to manipulate and control.

Here are the most toxic money habits shared by narcissists according to psychologists:

1. They are secretive about their finances.

By keeping you in the dark, they are able to make biased money decisions and control your perception of what you can afford as a couple or family. They might say, "Let me be in charge of our finances so you don't have to stress about it."

This dynamic can also happen in business. A narcissistic co-founder might casually say to you, "Since you're the creative genius, I'll handle the boring money stuff."

2. They are only generous with money in public.

For narcissists, spending large sums of money on others can be a way to get people to like them. For example, they may be stingy in private, but cover dinner for colleagues or give gifts just to show off.

3. They skimp on essentials.

Narcissists can be lavish when it comes to unnecessary spending (ie, buying an expensive watch they can't afford), but skimp on the essentials (ie, food, health expenses, basic household items).

This pattern of behavior is also widespread in business. Think of a founder or CEO who barely pays their staff but uses company funds to fly first class and book into luxury hotels.

4. They are hypocrites.

Most narcissists believe that the rules don't apply to them, even though they are quick to apply them to everyone else. This applies to many types of rules, including budgets.

A narcissistic partner may spend freely on themselves and criticize you for spending more than they deem necessary.

5. They are punitive with money.

Narcissists often use money as a means of punishment. They may reward you financially for doing what they want, and then hold you for revenge.

For example, they may plan a lavish vacation for your birthday and then after an argument refuse to pay for essential expenses.