Ways to Avoid Compulsive Shopping

Here are some tips to help you manage compulsive shopping behaviors. First, don’t shop if you’re in a bad mood. A Harvard study shows people who are upset are more likely to overspend. Instead, work out or volunteer. Second, just because something is a bargain, you don’t have to buy it. The savings may be more attractive to you than the item itself! Third, using cash vs. credit may be a deterrent. Fourth, comparison shop, and then only after all your bills have been paid. Finally, set some restrictions for yourself. Ration your willpower and lower the amount you’re willing to spend in one outing.

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By 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. Read More