How your Wallet is Stressing You Out

By the time we’re financially independent, we’ve had or witnessed numerous testimonies to the stress-inducing nature of money. Memories of parents arguing over money or a lost job often give us deep, even subconscious, associations that cause us to act irrationally when it comes to money. Early life experiences form a negative thought process called… Continue reading How your Wallet is Stressing You Out

Women Who Hide their Shopping Addiction from their Husbands

Shopping addiction is not a problem isolated to this side of the Atlantic. Buckinghamshire psychologist Nadine Field treats an average of six women a week who have been spending behind their partners’ backs. Thirty-three-year-old Elenor Smith has been spending money she and her husband don’t have for the past three years. She’s been piling up… Continue reading Women Who Hide their Shopping Addiction from their Husbands

Loneliness Making You Take Financial Risks?

Most people need some “me time” at least occasionally, but a new study shows that being alone prompts people to take bigger risks with their money. Published in the Journal of Consumer Research, the study put participants through situations in which they were made to feel a sense of exclusion. They were then asked to… Continue reading Loneliness Making You Take Financial Risks?

Fashion Blogs May Be a Hazard to Your Health… Especially If You’re a Celebrity Worshiper!

We’ve all had a “celebrity crush”, and “Celebrity Worship, Materialism, Compulsive Buying, and the Empty Self” reveals what can happen when that “crush” turns into an obsession. Celebrity worship is associated with “The Empty Self Theory.” a theory that suggests that someone with an empty self “is plagued by a loss of a shared sense… Continue reading Fashion Blogs May Be a Hazard to Your Health… Especially If You’re a Celebrity Worshiper!

Buzz Bissinger’s Shopping Addiction Creates Lots of Buzz

Buzz Bizzinger created a lot of it this week with his tell-all story in the April issue of GQ, a confessional about his shopping and sex addictions. A sportswriter who’s best known for his book Friday Night Lights, subsequently made into a film and a TV series, Bissinger grew up financially privileged, but he was… Continue reading Buzz Bissinger’s Shopping Addiction Creates Lots of Buzz

A Day in the Life of a Shopaholic

If just reading Elizabeth Hartney’s fictional account of “the day to day experience of shopping addiction” on about.com leaves you feeling exhausted, try to imagine what it’s like to really have a shopping problem. Here’s a sample of what Hartney describes: Wake up and make yourself two cups of coffee in your expensive new coffee… Continue reading A Day in the Life of a Shopaholic

Partners in Crime: How Who You Shop With Affects Your Shopping Behavior

It’s interesting to note that who you shop with can affect how you shop. Jill Chivers, a recovering shopaholic, recently experienced first hand how a friend can affect shopping behavior and why. She and her friend, who is currently dealing with a shopping problem, had gone to lunch and afterward her friend expressed a desire… Continue reading Partners in Crime: How Who You Shop With Affects Your Shopping Behavior