Everyone enjoy a big shopping trip as this can be a means of updating your wardrobe or racking up from an end-of-the-season sale. But for others, shopping is a real problem as shopaholics typically can’t go more than a couple of days without making a purchase, and they often spend money that they don’t have. Shopaholics love to deny a problem, but this approach may temporarily resolve tension, but it doesn’t get to the root of the problem. If you unknowingly fit the description of a shopaholic, keep on reading for the 5 signs that you might be a shopaholic and how to deal with it.
- Shopping makes you feel good and guilty.
Shopaholics typically experience mixed emotions of being happy and guilty at the same time. On one hand, walking into a mall and spending money can trigger an emotional high that lasts for several hours. Though shopping might increase self-esteem, this feeling is often short-lived. And after shopping trips, many shopaholics feel guilty about their purchases or experience buyer’s remorse.
- You’re buying clothes and other items in multiples.
If you’re still unsure if you’re a shopaholic, simply check your closet and look of items in multiples that can be a classic sign of a shopping addiction. Many shopaholics can’t just buy one of a particular item as they love to wear each item in every color. Remember, the obsession with buying multiples can overflow closets that will lead to a stuffed wardrobe yet nothing to wear. So, before going shopping, have an inventory of your closet and a shopping list with you.
- Credit card is your best friend.
Most people have at least one credit card in their wallet that can be useful in an emergency. But if your number of credit card swipes exceed your number of emergencies, or if you have at least one maxed out credit card, you may have a shopping problem. Though some women may reason out that credit card can build your rewards faster and ultimately save you money, they must not be a substitute for cash. If that’s the case, it’s time to evaluate your spending habits.
- You have no savings on your bank account.
Saving accounts are essential so you’ll have money in emergency situations. Remember, with little or no savings, it’s easier to fall into a cycle of debt. Though building a savings account is challenging when you have a shopping addiction, you must be disciplined and have a budget plan on how you’re going to spend your money wisely.
- You still have items with price tags in your closet.
One or two price tags in your closet aren’t a big deal. However, if you’ve never worn half the clothes in your closet, or if you purchase clothes that aren’t even in your size, it’s time to adjust. By considering these signs, you’ll be saved from the trap of being a shopaholic and be more practical and economical on your purchases.