Survey says: High Percentage of Americans at Risk for Shopaholism

This month, CreditDonkey surveyed over 1,000 Americans about their shopping habits and payment preferences. The results suggest that a significant percentage of consumers display many of the shopaholism indicators. The biggest red flag is feeling a rush of excitement after making a purchase, which nearly half of all responders felt! Another is feeling guilt after shopping, something over 36 percent of responders said they experienced. Almost the same percentage of people frequently bought things just because they were on sale, and most of those people have items in their closet with the tags still on!

Read the entire article here: Suvey: Shopping Addiction Statistics

By Carrie Rattle

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. Read More