Some shopaholics get a rush from making a big purchase. Others are addicted to getting a good deal, even if it’s on something they don’t really need. Which category do you fall in? A poll shows that an overwhelming amount of Indian consumers prefer to spend time looking for a deal: only 21% of Indian consumers… Continue reading How do you Shopaholic?
Author: Carrie Rattle
Carrie Rattle is a Principal at BehavioralCents.com, a website for women focused on mind and money behaviors. She has worked in the financial services industry for 20+ years and hopes to inspire women to better prepare themselves for financial independence.
Placebo your Way out of Shopping Addiction?
Is there a placebo for shopping? Taking a sugar pill doesn’t seem likely to help with online shopping addiction, but the Placebo Method is a way of overcoming shopaholism with small steps that you can start implementing right away. The aim is to avoid the stress, guilt, and other negative feelings that come with addiction.… Continue reading Placebo your Way out of Shopping Addiction?
Shopping Addiction: Avoidance Behavior
If you’re a shopping addict and a procrastinator, these two activities are probably linked. Think about when you indulge in your shopping addiction. Is it when you’re particularly stressed out about something? Avoidance behavior is the more clinical term for procrastination; it’s what we do to avoid something stressful. Maybe you’re doing online shopping when… Continue reading Shopping Addiction: Avoidance Behavior
Shopaholic No More Voted #1 Blog for Compulsive Shoppers
With so many sites available to help the millions of Americans suffering from shopping addiction, we are very proud to announce that Shopaholic No More has been named the number one site for shopaholics by badcredit.org! We’re approaching the 4,000 followers’ mark, which makes us almost twice as turned-to as other popular blogs for sufferers… Continue reading Shopaholic No More Voted #1 Blog for Compulsive Shoppers
Curbing Shopping Tendencies
Stacy Johnson of MoneyTalks had a great phrase for describing over shopping: “When your purchases shift from impulsive to compulsive, you might be a shopping addict.” Psychologists often label it “compulsive buying disorder.” Like other impulse-control issues, such as binge eating or gambling, whatever you decide to call shopaholism, it can easily spiral out of… Continue reading Curbing Shopping Tendencies
When the Going gets Tough, the Materialistic go Shopping
Materialists, people who attach an excessive amount of importance to physical things, tend to experience more stress from traumatic events. This combined with a generally low self esteem, materialistic people tend to be compulsive shoppers. This conclusion comes out of a study done on two different Israeli towns, one that was under a terrorist attack… Continue reading When the Going gets Tough, the Materialistic go Shopping
Lexapro and Compulsive Shopping
Many people who suffer from shopaholism do so as a result of other mental problems, particularly depression. Lexapro, the drug which is not uncommonly prescribed by doctors to treat severe depression and generalized anxiety disorder, might have a positive correlation to a reduction in compulsive shopping. A study by eHealthMe used FDA reports of over… Continue reading Lexapro and Compulsive Shopping
Finding a Way to Deal with Shopping Addiction
Everyone has their own pathway to healing, and getting help from all kinds of sources can aid you in finding your own way. If you’re trying to stop over shopping, keep in mind that just because something worked for a friend or a blogger you like, it’s not guaranteed to help you. But it may… Continue reading Finding a Way to Deal with Shopping Addiction
Survey says: High Percentage of Americans at Risk for Shopaholism
This month, CreditDonkey surveyed over 1,000 Americans about their shopping habits and payment preferences. The results suggest that a significant percentage of consumers display many of the shopaholism indicators. The biggest red flag is feeling a rush of excitement after making a purchase, which nearly half of all responders felt! Another is feeling guilt after… Continue reading Survey says: High Percentage of Americans at Risk for Shopaholism
Does Your Husband Know about Your Shopping Addiction?
Many married women who suffer from shopping addiction have worked out strategies of hiding their purchases from their husbands. While you might be able to justify a thousand dollar handbag to yourself as an “investment,” chances are hubby won’t see it that way. Do you find yourself doing things like taking tags off new items… Continue reading Does Your Husband Know about Your Shopping Addiction?