What Is Spending Addiction and How Do I Know If I Have It?

An addiction is an obsession or habit that impairs our ability to function normally. It puts life out of balance or leads to irrational behavior. If you are addicted to shopping, the signs will be all around you: you go on never ending shopping sprees, you are preoccupied with malls and internet shopping sites, and you obsess on trends and styles. You probably also find yourself filled with guilt, shame and self-loathing. Do an honest assessment. Are you addicted to shopping? If your answer is “yes”, take heart; there is a path to recovery. Ask for help in learning the causes of your addiction and learn some practical coping strategies.

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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