The Devastating Effects of Shopoholism

Just like any addiction or disorder, Shopoholism can have devastating effects on the lives of those who suffer from it. While classified as an obsessive-compulsive disorder but not an addictive disorder, Shopoholism has a similar expression. Making a purchase creates a “high,” which is followed by negative feelings of guilt, remorse, and depression often resulting in seeking another purchase. The causes and life characteristics in sufferers of Shopoholism can vary widely, but there is often depression or anxiety in tandem with low self-esteem. This is a serious disorder and it can be difficult to find sufficient treatment, but with the help of a therapist a shopping addict can find the right solution for themselves.

Read the entire article here: Man Buys Booze to Fuel Shopping Addiction

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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