Today’s guest post is on finding a balance with compulsive shopping, something former spendthrifts are likely to identify with. This guest post is from the Frugal Dad. FrugalDad.com is a site that offers personal finance advice and the newest money saving coupons & deals and recently listed Suddenly Frugal as one of its top 50 frugal blogs–actually, Suddenly Frugal came in at #23.
Shopping is a natural thing, but few people know that it can become very dangerous if some boundaries are crossed. Compulsive shopping is a behavior disorder that makes people spend money shopping just to achieve a feeling of accomplishment. Compulsive buying disorder, or CBD as it is medically known as, can become very dangerous if not detected and treated adequately.
Symptoms
There are many symptoms that can indicate if a person suffers from compulsive shopping. The most obvious symptoms of CBD are:
· An urge to buy various things, regardless whether you really need them or not;
· Trouble managing money and making savings;
· Accentuated feelings of anger when you cannot afford an item.
Causes of CBD
The causes of CBD are mostly emotionally-related. Loneliness is one of the main causes, especially in the Christmas period. Anxiety and stress are also on the list of the top factors that can lead to this disorder. Even though CBD affects both genders, studies have shown that the syndrome is more specific to females, 80% of the patients being women.
Phases
There are four main phases of the compulsive buying disorder:
1) Anticipation – This is more of a mental phase, making the person eager to buy something;
2) Preparation – In this phase the plan is made and the details such as shopping location and payment method are set in order;
3) Shopping – The third phase is represented by the shopping process itself;
4) Purchase – The last phase is the act of making a purchase. This phase usually represents “the dose” the patient needs.
Sometimes a fifth phase is also present, consisting of an after-purchase melancholy or depression. However, this phase may come only later on after the initial phases.
Fighting CBD
Since CBD is considered an addiction, just as smoking or drinking, the first way to fight it is to acknowledge its presence and be determined to get rid of it. A very strong will can help you defeat compulsive shopping, but what do you do when you simply can’t control yourself?
Here are some tips and tricks that will make it a bit easier to overcome your shopping addiction:
· Plan your shopping sessions. Make a list before going out and only take money for the items on the list, nothing more;
· Don’t shop alone. Having someone with you when you go shopping will abolish your will to make excessive purchases and will also distract your attention;
· Avoid temptations. Stay away from garage sales, promotions and most importantly, never go shopping on pay day;
· Give up your credit cards. Even though this may sound a bit extreme, it’s a very efficient way to prevent “accidental” over-shopping;
· Seek professional help. Don’t be ashamed to seek assistance if you feel you may be a victim of CBD. A psychologist will help you identify the causes that might eventually lead to a more aggravated form of CBD and eliminate them.
Post-treatment is also very important. Once you go over CBD you’ll end up with more free time so make sure you find something to fill it with in order not to get tempted to go shopping. Allot some time to your hobbies, go out or start exercising, anything that will keep you busy and distract you from shopping.
References:
http://www.indiana.edu/~engs/hints/shop.html
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1805733/
http://articles.moneycentral.msn.com/SavingandDebt/SaveMoney/CompulsiveShopping.aspx?page=1
Further Reading:
http://www.livescience.com/2338-truth-shopaholics.html
http://en.wikipedia.org/wiki/Compulsive_buying_disorder