It’s one thing to surrender to the occasional impulse buy — that watch gleaming from behind the display case, or a pair of black shoes that will add the perfect dash of sophistication to your favorite business suit. But when your purchases shift from impulsive to compulsive, it’s the first sign that you might be grappling with a more serious condition: a shopping addiction.
Researchers estimate that up to 6 percent of Americans are so-called shopaholics. In our society, the phrase “shop till you drop” translates as frivolous and fun, but when spending presents a real problem, the glamour fades and, frequently, debt mounts.
Psychologists call it Compulsive Buying Disorder, and it is characterized as an impulse-control issue, just like gambling or binge eating, and has the potential to create a whirlwind of emotional and financial distress.
Here are some of the telltale signs someone is becoming a problem shopper and what they can do to curb their spending. For a more complete analysis, also check out the Compulsive Buying Scale, developed by psychologist Gilles Valence and his associates.
1. You have many unopened or tagged items in your closet
We’re not talking about the sweater your aunt gave you last holiday season, but about items you selected on your own that sit unopened or with their tags still attached. You’ve likely forgotten about some of these possessions — boxes of shoes lining the bottom of your closet or jackets that have never seen the light of day.
2. You often purchase things you don’t need or didn’t plan to buy
You’re easily tempted by items that you can do without. A fifth candle for your bedroom dresser, a new iPod case, even though yours is fine … you get the idea. You’re particularly vulnerable if you’ve admitted to having an obsession, like shoes or designer handbags. Just because your splurges tend to stick to one category doesn’t make them any more rational.
3. An argument or frustration sparks an urge to shop
Compulsive shopping is an attempt to fill an emotional void, like loneliness, lack of control, or lack of self-confidence. Shopaholics also have a tendency to suffer from mood disorders, eating disorders, or substance abuse problems. So if you tend to binge on comfort food after a bad day, studies suggest that you may be more likely to indulge in a shopping spree, too.
4. You experience a rush of excitement when you buy
Shopaholics experience a high or an adrenaline rush, not from owning something, but from the act of purchasing it. Experts say dopamine, a brain chemical associated with pleasure, is often released in waves as shoppers see a desirable item and consider buying it. This burst of excitement can become addictive.
5. Purchases are followed by feelings of remorse
This guilt doesn’t have to be limited to big purchases, either; compulsive shoppers are just as often attracted to deals and bargain hunting. Despite any remorse that follows, though, shopaholics are adept at rationalizing just about any purchase if challenged.
6. You try to conceal your shopping habits
If you’re hiding shopping bags in your daughter’s closet or constantly looking over your shoulder for passing co-workers as you shop online, this is a possible sign that you’re spending money at the expense of your family, your loved ones, or even your job.
7. You feel anxious on the days you don’t shop
It’s one thing to feel anxious if you haven’t had your morning cup of joe, but if you’re feeling on edge because you haven’t swiped your debit card all day, be concerned. Shopaholics have reported feeling out of sorts if they haven’t had their shopping fix, and have admitted to shopping online if they couldn’t physically pull away from their day’s responsibilities.
8. You are shopping beyond your means
You max out credit cards and open new ones in order to keep purchasing things. The mounting debt may also tempt you to lie or steal.
If the characteristics above sound a lot like you or someone you know, don’t worry just yet. And if you’re on the fence about whether you really have a problem, even figuring out why you’re always shopping and how you can change could be a big relief — for both your well-being and your budget. Fortunately, there are some simple ways to help you kick a shopping habit:
- Find a new activity. Jogging, exercising, listening to music, watching more TV, any of these activities could potentially substitute for shopping and would be a much lighter burden on your wallet.
- Identify triggers. Take note of what’s likely to send you off to the nearest department store, whether it’s an argument with your significant other or frustration after a business meeting. When these feelings overcome you, resist shopping at all costs and find a healthier way to work it out.
- Remove temptation. It’s no secret that you shouldn’t walk through your favorite boutique if you’re trying to curb your spending. Try to limit your shopping trips and go only when absolutely necessary. If online shopping is your weakness, resist the urge to surf your favorite stores’ sites and even consider keeping your laptop out of reach.
- Carry only enough cash to buy what you went for. Leave your debit and credit cards at home. Create a shopping list with estimated costs and stick to it when you’re at the store.
- Ask for help. If you’re still struggling with compulsive spending, don’t be afraid to ask for help. You can start by asking a friend or family member to help keep you in check or seeking out money management classes. But it might also be wise to enlist professional help. Consider therapy to address underlying issues such as depression or anxiety, and check out recovery programs like Stopping Overshopping, Shopaholics Anonymous and Debtors Anonymous.
Do you have ideas about curbing problem spending? Share with us in comments below or on our Facebook page.
Kari Huus contributed to this post.