Although many may scoff, compulsive shopping, or shopaholicism, is a genuine addiction, just like alcoholism or drug addiction. And like these conditions, it can cost you emotionally, mentally and financially.
Shopaholics buy compulsively, not out of need for any particular acquisitions, but out of a subconscious desire to soothe negative emotions, give in to an obsessive-compulsive demand or seek thrills or satisfaction, among other reasons. Many conceal purchases or lie about their shopping habits until their maxed-out credit cards and empty checking accounts give them away.
Symptoms indicating that you may be shopping compulsively
The following are a few signs that you may be a shopaholic:
- When you feel stressed or anxious, do you run to the mall for comfort?
- Are you frequently arguing with your spouse about your spending habits or hiding purchases and payments you think would anger your spouse?
- Are your closets filled with purchases you rarely or never use or wear?
- Do you feel guilty or anxious after returning from a shopping trip?
- Are you constantly moving money between accounts and credit cards to manage your shopping debt?
If you said yes to any of the above, you may have a problem and should seek help. Continuing to deny the problem and ignore the increasing financial burden out-of-control spending is having on your family may lead you into insurmountable debt. Many of our bankruptcy clients got into financial trouble because of credit card debt and overspending. Before you have to come to us for assistance, try attending a Debtors Anonymous meeting near you. The organization has locations throughout Georgia, including Atlanta, Athens and Savannah. Shopaholics Anonymous is a national organization that may also benefit you.