Shopping Addiction

Compulsive shopping is when chronic, repetitive buying habits have serious consequences and become a disorder, similar to drug addiction. Conscious spending is one of ways we can overcome this emotional need to buy stuff.

An inability to handle money effectively and lack of impulse control makes us spend like crazy. Our emotions take over and we feel comfort in spending, and we unconsciously spend on stuff we don’t need, creating a vicious circle of debt followed by further compulsive spending.

• Stop trying to rationalize credit purchases, getting rid of all the credit cards and switching to cash only. Not even the checkbook or debit card has to be kept handy.
• Track down every dollar spent, analysing your spending patterns.
• Understand your mind and the need to sho...