Lots of people like to do a little therapeutic shopping from time to time, just as a little pick-me-up. “Retail therapy” like this goes wrong when you find yourself buying something even when you know you can’t really afford it. You just feel like you can’t help yourself. And then when the thrill of the purchase has worn off, you find yourself frustrated and upset at yourself. And more than a little guilty So what now? Time for some more retail therapy. If left unchecked this could spiral down into negative financial consequences and devastate your relationships. If this sounds like you, or a loved one, don’t be ashamed to seek help!
Read the full article here: Retail Therapy Gone Wrong: 5 Signs That You are Addicted to Shopping
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.