While shopping is usually viewed as a leisure activity by the general public, for one shopper in twenty, the habit is a process addiction. For these "shopaholics," trips to the mall are more than holiday buying and trying on new work clothes. Rather, their "retail therapy" is an expensive habit that can spiral into financial and emotional disaster.
"Addiction is a complex behavior," said Dr. Stephen Grinstead, licensed marriage and family therapist of CAMFT, "and most addictions fall in one of two categories: process or substance. Shopping addiction is a process addiction, similar to gambling, spending, eating, and sexual addictions that can have life-altering consequences."
Shopping addictions work like this: When one is feeling lonely, depressed, or stressed, s/he heads to a number of retailers. After compulsively buying at a number of stores, often on credit, guilt sets in and the compulsive shopper tucks away recently-purchased items under the bed or in the closet with the price tags still attached. This allows the shopper to return the items when reason later sets in. After repeated occurrences of this behavior, the shopper begins to see a detrimental affect on his/her finances, emotional health and relationships, both personal and professional.
So, how do you know if you have a shopping addiction?
-- Most of your shopping or spending occurs when you are feeling lonely, angry or sad.
-- You feel lost without credit cards.
-- You're unable to pay off your credit card at the end of the month.
-- You frequently buy items on credit that you can't purchase with cash.
-- You find yourself "justifying" your purchases more often than not.
-- You hide your bills, receipts and purchases from your loved ones.
-- Your loved ones and close friends are concerned about the amount of time and money you spend on shopping.
How do you stop shopping sprees?
-- Pay for purchases by cash or debit card.
-- Give your credit cards to a financially-responsible loved one for safekeeping.
-- Take a financially-responsible loved one with you on your shopping trips to keep you accountable.
-- Make a shopping list before you leave the house and buy only items on the list.
-- Plan alternative activities when you feel the urge to shop.
Comment and add to the story without registration, but keep the comments meaningful please. Links are not accepted.
