A shopping addiction, like any addiction, takes a great effort and level of perseverance to work through. In this modern world, we are constantly bombarded with messages to spend more and buy the latest and greatest products. Not surprisingly, this makes dealing with compulsive spending habits even more difficult. Understanding the behavior that comes along with compulsive shopping is an important step in being able to learn to live with a shopping addiction, and eventually overcoming it. For most shopaholics, there is a deep psychological drive to use spending to deal with emotion and anxiety that needs to be addressed for proper recovery.
Read the entire article here: How can I Reduce my Compulsive Spending Habits?
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.