Shopping Addiction leads to a Financial Whirlpool.
Shopping is something most people love. But often the thrill,
excitement, and absorption becomes such that an ordinary hobby
or time filler becomes an addiction. A shopping addiction like
drugs, alcohol, or gambling is a blinding thirst where the
shopper is unable to see essential from non essential and over
spend. They shop until they drop and run into debt spending on
their credit cards up to and over its limit.
Shopping for many is escapism from the realities of life and its
accompanying problems. It is but a temporary reprieve from
depression, anxiety, or loneliness. What a shopper never
understands is it is a false world which will not grant
happiness or love, or self esteem. After the shopping binge the
person will experience remorse. The unhappiness will intensify
due to unmanageable financial disaster and debt. This will be
further compounded by the displeasure earned from family members
or financial consultants. Believe me over 80% of the purchases
will never be used. An addict may have a hundred pairs of shoes,
or bags, or coast, or glasses - the obsession being restricted
to one kind of object.
Like alcoholics, compulsive shoppers go on binges when they are
upset, lonely, depressed, or feeling out of sorts. Shopping is a
"pick me up," a temporary euphoria that lifts their spirits.
The possible repair of finances and cure of the addiction is
possible only if the shopper accepts that an addiction exists.
What helps is professional counseling and joining a self-healing
group that is dealing with this addiction. A shopping addicts
version or equivalent of alcoholics anonymous.
Guidelines:
1. First and foremost set small limits on all credit cards.
Freezing the limits will help you limit your spending power.
2. Lock away all credit and debit cards.
3. Budget household and other expenses. Make specific envelopes
and mark them clearly for what the money is earmarked for.
4. Sit with a family member or friend and make a list of bare
essentials. Go shopping with a controlling companion one who
will say "NO" is no uncertain terms.
5. Never visit sales or discount warehouses. Or, watch
television shopping channels.
6. Do not subscribe to shopping catalogues.
7. Fill your day choc-a-bloc with activities. If you have no
time to 'stand and stare' you won't have a moment to think about
shopping. Find interesting activities that absorb your interests
and time.
8. Go to the mall or shopper's paradise after they are all
safely closed for the day. This way you can look at displays
without being tempted to rush in and buy something.
9. If you feel the itch or urge to shop, resist it with all your
strength and go out for a walk or to the gym exercise until you
are too tired to do anything else.
10. Pay for all purchases by cash or cheque. Use a card only in
emergencies.
Compulsive shopping is a serious addiction. It is escapism from
realities and unhappiness. As serious as drug addictions and an
illness, a compulsive shopper needs treatment that is similar to
other addictions. Addictions of any kind need to be snipped at
the very root before it reaches a point of no return.