The Update

6 Signs You May be a Shopaholic and Steps to Take to Curb that Behavior

In today’s increasingly digital world, shopping is an activity that’s so accessible because it can be done any time and from anywhere. Unfortunately, though, this can make shopping addictions more widespread. But how can you tell if you have a real addiction or you’re just a recreational (albeit, dedicated) shopper?

Here’s how to tell if you’re a shopaholic and steps to take to curb your behavior.

Six Signs You May be a Shopaholic

Compulsive spending

An everyday act turns compulsive when it’s done for no apparent reason. Purchasing three sound systems for your home when you can’t possibly use them all, for example, is likely a compulsive act.

Shopping for emotional relief

The brain releases dopamine with each new purchase. While this is normal, being addicted to that high can be destructive.

Loss of control

If you know you’re buying stuff you don’t need and/or can’t afford, but you just gotta make those purchases, you may have a shopping addiction.

Preoccupation with shopping

If your mind is constantly occupied with sale events, stores to check out and shopping plans, this can be a toxic compulsion.

Hiding or lying about purchases

Signs of a true shopping addiction include lying about purchases and hiding them from your family and friends.

Financial issues caused by shopping

If you have a shopping addiction, you may be deeply in debt, or even in danger of losing your home or car, because of your shopping.

Treating Compulsive Shopping

If your shopping compulsion is interfering with your day-to-day functioning, it’s a good idea to talk with a mental health professional. But, catching it early may allow you to reverse the behavior on your own. Here’s how:

• Set a budget. Create a realistic budget that includes essential expenses and limits discretionary spending. Stick to this budget and track your expenses.
• Avoid triggers. Identify situations or emotions that trigger your shopping urges and find alternative ways to cope.
• Seek support. Talk to friends and family about your shopping habits.
• Delay purchases. This can help reduce impulse buying and give you time to reconsider whether you really need the item.
• Find alternative outlets. Replace shopping with healthier activities that provide emotional relief, such as exercising, reading or spending time with loved ones.

Use our guide to learn how to tell if you’re a shopaholic and take the necessary steps to fix the behavior.

Free Financial Coaching

If you've like some tips on how to create a budget to help plan your spending, setup a Free Financial Coaching session with Rio Grande Credit Union. Our certified financial coaches can help set a budget and teach you about finance.