The Cost of Buying to Cope

It’s no surprise – life can be tough. Whether in work, relationships, or other areas of life when we are thrown a curveball, it is natural to want to find a way to cope. For some people, this means retail therapy. Unfortunately, shopping away your problems comes at a cost that is greater than what comes out of your wallet. If you’re spending frivolously to try and deal with your problems, you won’t have money for what you really need – including real, more productive therapy. Spending will only add stress instead of really solving anything, so it’s important to face it head on before your spending gets out of control.

Read the entire article here: Retail Therapy: The Cost of Buying Clothes to Cope

By Carrie Rattle

Carrie Rattle is a Principal at, 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