Debt Monsters

Shopping Addiction: How To Halt Your Spending In 3 Easy Steps6 min read

September 21, 2020 5 min read
Shopping Addiction

Shopping Addiction: How To Halt Your Spending In 3 Easy Steps6 min read

Reading Time: 5 minutes

It’s hard to differentiate between a want and a need when you’re on a shopping spree. Your bag on the display matches the red dress you bought the other day. Your shoes are too good to let go.

You come back home with a jaunty step, only to feel that giddiness dissipates when you check your bills. If you don’t, great! If you do, then it’s time to curb those temptations.

Shopping is fun until you realize it turned compulsive and these purchases surpass your allocated monthly budget. It may be liberating at first but you’d be surprised how quick it might lead you towards bankruptcy.

It’s different when you make an impulse buy occasionally. The trouble begins when it turns compulsive. Some people are simply unable to identify their problems. You should do it before it takes a wrong turn.

Why We Recommend These Books

The Shopping Addiction Cure: How to Stop Overspending, Impulse Buying and Compulsive Shopping by Nancy D. Franklin

It’s hard to let go of impulsive shopping. Nancy D. Franklin understands. With realistic methods and concise words, she addresses how you can improve your spending habits.

The strategies included in this book will help you acknowledge the problems associated with splurging and define the steps that will minimize this self-destructing behavior.

Not everyone overspends. Many prioritize their financial well-being and curb the need to spend spontaneously. A personal investment might bring short-term pleasure but also long-term problems of addiction if the habit sustains. 

The author rationalizes that many individuals get hooked on spending because it allows them to feel a different “high.” It feeds on their greed and helps them fill the void of emptiness they feel.

Rewarding yourself with a goodie at the end of a long week is a sign of shopping addiction. Read this book to fight the urge to buy things needlessly and to get the financial stability you desire.

To Buy or Not to Buy: Why We Overshop and How to Stop by April Benson

It’s okay to use shopping to escape your midday blues. You might feel a tad guilty later on but you’re not the only one. Millions of others face the same dilemma. Some are unable to break away from the habit.

As a result, not only do they face rising bills but are also confronted with relationship problems and financial ones. Accumulated debts lead to an increasing number of fights with your significant other too.

The author analyzes various types of shopping methods from television shopping to online retailing. She further reiterates her points by drawing examples from real stories through personal experience and research.

April Benson helps you take control over your spending and make more satisfying and fulfilling life choices. If you think you’re on the verge of facing the same, let this book guide you away from your potential downfall.

Symptoms of Shopping Addiction

Shopping Addiction

Shopping addictions come in various forms. You’ll be surprised at how subtle a few are.

1. You Buy Things You Didn’t Plan to Buy

You don’t need the biography of Julius Caesar. It’s hardcover though. You add that to your shopping list. That dress is perfect for the party even though selected one earlier. You take a second to contemplate and dash to the counter.

You don’t need these. They’re unplanned. The decisions are impulsive. So is it okay considering they don’t fall in the same category? No, it isn’t. You’re not happy with either in a few hours.

2. You Shop because You’re Emotional

If you find comfort in shopping while you’re frustrated, unhappy, mellow, or lonely then there’s a likely chance you’re a compulsive shopper. Shopaholics shop when they’re distressed.

Maybe it was an argument that triggered the negative emotions or maybe your job has you frustrated, either way, you’re trying to fill in the void with any materialistic goodies you can get your hands on.

3. You Love Flashy Items

It’s no surprise that shopaholics are huge spenders. Some people don’t shop for the items themselves. They shop because they experience an adrenaline rush while making the purchase.

The real trouble comes afterward. If you love extravagant items but hide them instead, then this might be a sight that you’re shopping at the expense of others or exceeding your budget. 

4. Guilt Follows Your Purchases

Discounts, summer deals, buy one get one offers or bargain options are few of the many reasons why you might want to make a purchase. What if there’s a price hike? What if the item runs out?

Rationality leaves the room when these offers pop up, but the guilt always follows. If you’re good at rationalizing your purchasing even though you know they probably weren’t the best choices, then you might need to reassess yourself.

5. You Come across Way too Many Tagged Items in Your Wardrobe

No, it’s not that ugly, mustard jumper your cousin got you for your birthday. These are things you bought yourself. You just left them in your closet unopened. That clearly shows their significance.

If the tag is still on then it wasn’t meant to be there in the first place. You probably even forgot about them too. Those poor items will never get out of your stuffy closet.

Ways to Stop Impulsive Buying

1. Take Some Time to Declutter

Take some time to organize your closet and room. Remove things you don’t need. Give them away to those who need it. This will help you identify what you truly need than want.

2. Make a List

Whether it’s grocery or dress shopping, this will help you focus on things you only need. You’ll have second thoughts on buying anything out of that list and that’s enough to stop you from making any additional purchase.

3. Avoid Going to the Mall When You’re Feeling Low

Boredom or emotional upheavals will lead to more splurges. Self-indulgence is necessary but you ought to find more productive ways through which you can feel better. Read a book. Do some yoga. Call a friend. The options are limitless.

Bottom Line

Shopping is therapeutic to some but remember that it has a cost. So always find a purpose before hitting the shops. Shy away from things you may need in the future. If you don’t need it today, it shouldn’t be on your shopping list.

If you always think about how you can always return it, don’t. You’ll get lazy. You’ll rationalize. Don’t succumb to those tempted words. That poor item will never see the light of day if you make that purchase.

Acknowledging your problem is the first step to cure your shopping addiction. Unsubscribe from channels tempting you with a new product every day. Find a new hobby. Meet more people.

Stop wasteful spending and avoid the regrets associated with it. Don’t buy things you can’t afford. Hide your credit cards away. Start utilizing your money for more productive means and bring satisfaction in your life sustainably.