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 controlling their behavior. Study author Dr. Jon Grant of the University of Minnesota says people don’t always think of the consequences of what they do, “…and that improved with this medication.” It’s estimated that 6% of Americans deal with compulsive buying behavior, which sometime leads to depression and even suicide.
Read full article here: Alzheimer’s Drug Curbs Compulsive Buying in Shopaholics
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.