If there is a compulsive shopper in your life, it can be difficult to understand what is going on in their mind, especially if you think it is easy for them to just quit spending so much money. But compulsive shopping is so much more than that. Compulsive shoppers use spending to cope with a great deal of psychological issues and feelings of emptiness or loneliness. It may start with a few purchases to decrease feelings of deprivation, leading into impulsiveness triggered by shopping stimuli. Compulsive shopping has a serious impact on all aspects of one’s life, and it is an addiction that should be taken seriously and handled with care.
Read the entire article here: Inside the Mind of the Compulsive Shopper
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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.