A nomination in the “birds of a feather” category goes to Christina Anderson and her fashion addicted friend who spurred each other on in their extreme shopping behavior. “Every time I would click ‘purchase’ I got a sick feeling in my stomach and my American Express bill just continued to add up,” said Ms. Anderson. “That sick feeling should have been a major sign but I didn’t take heed.” Amazingly, the loss of her father was the trigger that made her take stock of her out of control financial situation. She claims she now has a plan to put her house into order. Read the rest of the article here: I’m In Credit Card Debt From Our Shopping Addiction…And It’s My Friend’s Fault
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.