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?
Category: Money Behaviors
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
Retail Therapy Is Not Helping
Blogger Amy Hoover dates the rise of shopping addictions to the 1990s. It’s no coincidence that this is the same time the internet made shopping a 24/7 possibility. Society has long encouraged “keeping up with the Jones,” and commercials try to convince us that we are only as good as our shoes or purses and… Continue reading Retail Therapy Is Not Helping
You’ve Stopped Overshopping…Now What?
Today I’d like to focus on a topic that can cause real anxiety in people who are addicted to shopping: what to do when you stop. If you shop to ease anxiety or soothe grief, what will you do when you feel down if that outlet is no longer available to you? If you shop… Continue reading You’ve Stopped Overshopping…Now What?
Shop ‘Til You Drop? 10 Tips to Beat a Shopping Addiction
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
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
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 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”