Can you relate to this man’s story? He is a stay at home dad with a good part time job. He has three kids and has been married for over 20 years. He’s had an addiction to shopping for just as long. She makes most of the money and he’s racked up a “mountain of debt.”… Continue reading Is An Addiction To Shopping Ruining Your Marriage?
Category: Money Behaviors
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
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
Curb Compulsive Spending Habits
Compulsive spending comes from deeper psychological issues combined with a lack of good money management. Even the most materialistic people can avoid racking up the credit card debt with good money management. Shopaholics use spending as a way to soothe their anxieties and problems instead of facing them directly. Credit cards make such retail therapy… Continue reading Curb Compulsive Spending Habits
Why Do Materialists Worry About Their Finances?
How tightly someone manages their money is not always an accurate meter for how wisely they spend it, especially in the case of materialists and compulsive spenders. These types of people generally emphasize the importance of money and being financially successful. On the flip side, they are also more likely to be unsatisfied with their… Continue reading Why Do Materialists Worry About Their Finances?
Lying About Your Shopping Habits to the People You Love
When your spending is out of control, it can wear you down emotionally and put a strain on your relationships. Even if it doesn’t come directly from your debt, it could be out of shame for your actions, causing you to hide your secret addiction from the people you love. If you’re embarrassed about your… Continue reading Lying About Your Shopping Habits to the People You Love
Why Do Shopping Addicts Keep Spending Their Money?
To the outsider looking in, a shopping addiction is probably a strange and difficult thing to understand. People might wonder why they just don’t stop spending so much money if their debt is so bad. Unfortunately, a shopping addiction goes much deeper than just deciding to spend excessively. Addicts often have an underlying psychological issue… Continue reading Why Do Shopping Addicts Keep Spending Their Money?
5 Ways to Beat Your Shopping Addiction
Have you stared at the receipt in your hand and wondered how you could have spent so much? Have you told yourself that bills might go unpaid if you made a purchase and bought it anyway? Shopaholics experience a lot of shame and constantly review the illogical nature of their compulsion. Unfortunately, shaming and logic… Continue reading 5 Ways to Beat Your Shopping Addiction
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