Christmas is less than a month away, which means you’re probably pretty close to reaching “frantic mode” when it comes to your holiday shopping. I’ve already discussed the importance of creating a holiday budget and sticking to it, but people with compulsive shopping tendencies might not be able to follow this simple advice. Compulsive shoppers find it difficult, if not impossible, to pass up the opportunity to buy something, anything. According to experts, anywhere from 2-8% of the American public suffers from issues related to compulsive shopping.
One sign that you may have a shopping compulsion is if you have a tendency to spend money when you feel angry, disappointed, or sad. If you find yourself having arguments with someone over your shopping habits, you might want to take a closer look at your shopping activity.
Some people with a shopping compulsion engage in excessive shopping because they are addicted to the way it makes them feel. So if you feel a sense of euphoria or a “rush” after you shop, that’s a tell-tale indicator of a potential problem. The same is true if you find yourself lying to others about the purchases you’ve made or about the amount that you’re actually spending on your purchases. If you’re buried in debt from your shopping sprees and you find yourself spending a great deal of time trying to juggle your accounts or your bills in an effort to accommodate your spending habits, you might want to speak with someone about your situation.
Seeking out the advice of a professional about the consequences of your shopping and spending habits would be an important first step in dealing with the issue head on.
Related Posts:
- Holiday Shopping Tips With Credit Cards - With the major holidays quickly approaching, I thought it might be a good idea to review a few tips about budgeting your...
- 10 Signs That It’s Time To Stop Using Your Credit Card - Credit cards make life convenient. And there are plenty of people who use cash back cards, pay in full every month, and...
- Recognizing When Your Debts Are Getting Out of Control - If you are like thousands of people throughout the country and the world, you may have started down that slippery slope of...
- Tips for Shopping for a Credit Card - Aside from checking your credit report and learning more about your credit profile, there are a few things you should do when...