Why Are 80% of Compulsive Shoppers Female?

A recent study in the U.K. shows that compulsive shopping tends to run in families, and that 80% of compulsive shoppers are women. Other disorders, such as personality and obsessive compulsiveness, are often experienced by over-shoppers as well. Blogger Elle Martinez defines compulsive spending and offers resources to deal with the disorder. She suggests destroying… Continue reading Why Are 80% of Compulsive Shoppers Female?

Alzheimer’s Drug Curbs Compulsive Buying in Shopaholics

A medication that treats impulsivity in Alzheimer’s patients may also work for compulsive shoppers, according to a new study in the May issue of Annals of Clinical Psychiatry. Although memantine is still in the clinical testing phase, it has been shown to be effective in a variety of disorders that cause people to have difficulty… Continue reading Alzheimer’s Drug Curbs Compulsive Buying in Shopaholics

‘Mad Men’ money: Credit in the smoking era

A cigarette and martini lifestyle wasn’t great for your health, but Americans did borrow smarter in the mid-century. Banking was more personal and relationship-oriented, credit card debt was rare, as most people paid with cash, and loans were available at local shops with low or no interest. Saving was the norm as were Christmas clubs… Continue reading ‘Mad Men’ money: Credit in the smoking era

12 Keys to Conscious Shopping 1

Your browser does not support iframes. Carrie RattleCarrie 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. Read More

Don’t Shop, Swap! (Redux)

For many compulsive buyers, a big part of the appeal of shopping is the process of searching out and obtaining that new, better, desirable item. This process is so mesmerizing that it often overrides long-term financial plans, leaving shoppers deeply in debt. But it doesn’t have to be that way. Through the magic of swap—and in… Continue reading Don’t Shop, Swap! (Redux)

Shopping Your Own Closet

Last Wednesday, I had a delightful and very informative Skype call with Jill Chivers, an Australian woman who took her compulsive buying bull by the horns. She decided that for a full year she’d refrain from buying any new clothes and shop only in her own closet.  The experiment resulted first in a blog and… Continue reading Shopping Your Own Closet