Signs of shopping addiction include a chronic pattern of difficulty in stopping the behavior and repetitive, seemingly uncontrollable purchases that are negatively affecting you financially, personally, and perhaps in your relationships. Shopping addiction is an impulse control disorder and similar to other addictions, though without the use of an addictive drug. A number of social and cultural factors contribute to the epidemic of shopping addiction. Easy credit, pervasive advertising, and unlimited shopping opportunities are but a few. If you are having problems in your life because of your spending habits, the first step is recognizing the problem. The next step is to seek help for your addiction and get on the road to recovery.
Read the entire article here: Shopping Addiction
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.