We all need to shop. From groceries to clothing to even furniture and cars, we shop to determine the best choice. One added benefit? Shopping is fun. It represents the freedom to choose one option over the other, and that’s a powerful feeling that many people crave. In fact, some people crave it a little too much.
The National Institutes of Health says that for about 6% of the American population, shopping is much more than a necessity or pastime.
It’s an addiction.
A shopping addiction, or compulsive buying disorder, is a pattern of purchasing habits that become difficult to stop. If left unchecked, a shopping addiction has the power to destroy a person’s future, relationships and life goals.
Buy It for a Song
How do you know if you have a shopping addiction? While other addicts may have more obvious indications of trouble, signs of a shopping addiction can be harder to identify. Alcoholics know when they’re walking into a bar, and cigarette smokers know when they’re reaching for a smoke. Compulsive shoppers, however, may be a little less clear on what constitutes a problem.
Here are 12 signs you might have compulsive buying disorder.
What Money Can’t Buy
A shopping addiction can sneak up on you. Shopping is so ingrained in our culture. In fact, you may be in over your head now and not know it. The readily available credit and societal pressures to have everything can be overwhelming.
Thankfully, treatment for a shopping addiction is available. There are many resources that can help, so reach out before you make any more unwise purchases. There is always hope.
If there is any question in your mind, call a nonprofit credit counselor today to shed light on an otherwise murky issue. Forward this article to a friend who may need it, as well.
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Consumer Education Services, Inc. (CESI) is a non-profit service provider of comprehensive personal financial education and solutions for all life stages and for all of life’s milestones. Our goal is enhanced economic security for everyone we serve.
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