If you’re like most women, shopping can be a fun, uplifting experience. For some women, though, shopping can become an addiction that results in damaging emotional and financial consequences. If you’re struggling with a shopping addiction, here are some tips to help you deal with it. First, if your shopping is damaging your finances and… Continue reading Shop ‘Til You Drop? 10 Tips to Beat a Shopping Addiction
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.
Strategies to End Shopping Addiction
We are becoming familiar with the signs of shopping addictions: the “shopping to feel better” syndrome, the out of control credit card debt, the emotional rollercoaster. Here are a few ways to get a handle on the situation. Steer clear of temptation. Delay big purchases. Ask yourself if you really need that purchase. Find other… Continue reading Strategies to End Shopping Addiction
How to Take Yourself on a “Money Date”
A “money date” is something you might find quite rewarding. It may be spontaneous or planned, brief or extended, on your own or with your loved ones, but essentially, it is time spent connecting with your money. In this article are some ideas for things to do on your money date: 1) Login to you… Continue reading How to Take Yourself on a “Money Date”
Should You and Your Honey Merge Your Money? Or Not…?
There are many answers to the question of whether or not to comingle finances. Surprisingly, some couples actually merge their finances as they are divorcing. Some maintain separate accounts their entire relationship. Some comingle monies when they have a child or when they get married. Every situation is different and, according to the author of this… Continue reading Should You and Your Honey Merge Your Money? Or Not…?
How to Stop Compulsive Buying
If you find yourself in the ever-tightening grip of compulsive buying habits, take a step back and start building habits to steer you away from the path towards compulsive buying disorder. For starters, if you have lots of credit cards, let yourself thin that number down to one credit card. Give that card to someone… Continue reading How to Stop Compulsive Buying
Kick Your Bad Shopping Habits
Enjoying the occasional shopping trip is not unusual by any means, but one too many shopping sprees can mean financial ruin and emotional distress. If you love to shop, learn to know when to give it a rest to maintain your financial health. If you use shopping to comfort yourself emotionally, you should take a… Continue reading Kick Your Bad Shopping Habits
Seven Deadly Spending Traps
Carole Moore at Bankrate.com lists seven shopping traps to be avoided: 1.) Shopping as a hobby or a sport. 2.) Shopping sites on the internet – after all, it’s called “the net” or “the web” for a reason. 3.) Having to own the latest technology – skip an update or two. 4.) Mistaking shortcuts for… Continue reading Seven Deadly Spending Traps
What Is Spending Addiction and How Do I Know If I Have It?
An addiction is an obsession or habit that impairs our ability to function normally. It puts life out of balance or leads to irrational behavior. If you are addicted to shopping, the signs will be all around you: you go on never ending shopping sprees, you are preoccupied with malls and internet shopping sites, and… Continue reading What Is Spending Addiction and How Do I Know If I Have It?
Get to the Root of Compulsive Shopping
The growth and development of a serious shopping addiction is more than just reward-seeking. Making a purchase creates the immediate reward of receiving a new product, but in a serious addiction that reward is often adding to serious debt and an overall negative effect on one’s life. The immediate gratification of a purchase quickly wears… Continue reading Get to the Root of Compulsive Shopping
Harmless Pack Rat or Compulsive Hoarder?
Most households are familiar with clutter. Papers on the table, toys left out on the floor, those little signs of a busy life that sometimes inhabit the home. But when it comes to hoarding there is a clear distinction between just a messy house and compulsive hoarding. Recent television shows have been highlighting cases of… Continue reading Harmless Pack Rat or Compulsive Hoarder?