Compulsive shopping is a recognised addiction.
People who have low self-esteem are more likely to fall into the trap of spending more than they can afford. When someone has a shopping addiction, they are unable to stop themselves buying things. Their thoughts are frequently occupied with shopping. In some instances, the compulsive shopper hides what they have bought to avoid feelings of guilt. Compulsive buying is closely related to hoarding. These obsessive behaviours can lead to spiralling levels of debt. If you are struggling to control your shopping habits or know someone who is, consider these suggestions:
Ask for help
Realising you a have a problem is always the first step to solving it. Speak to a member of your family, or a friend you trust and ask them to look after your credit cards so you can’t spend on them. Giving someone else control can be a great relief and allows you time to come to terms with any financial problems associated with your spending habits.
Alternatively, you may seek help from charities like StepChange who have specially trained staff to help you manage your spending.
You might consider other forms of help such as specialist programs designed to tackle overspending and debt problems. These step programs involve group discussion and support from others with similar addictions. They are modelled after the Alcoholics Anonymous problems which are known to help addicts stay on the wagon. Look up Debtor Anonymous, Shopper Anonymous in your local areas.
Get a new hobby
Now that you have taken steps to limit your spending, you need to fill your time with other activities. Compulsive shoppers tend to think about shopping when they are not actually doing it. Rather than browsing online shops, magazines and catalogues, join a book club. Other activities like sport, can take your mind of shopping.
Therapy and Medications
Understanding the causes of your compulsive shopping can help you manage your behaviour better. Psychological studies suggest that overspending may be triggered by depression, anxiety and stress. Therapy can help you identify your own specific triggers and develop coping mechanisms. Anti- depressants and anti- anxiety medications may also be prescribed by doctors if they are considered to be in the patients best interests.
