Category Archives: Business Products & Services

Managing Your Shopping Addiction and Debt Effectively

Shopping addiction or impulse buying as it is called is a condition when you feel high by spending money on making purchased and more often than not on things which you want rather than on things which you really need. This is a serious issue which can lead you to the debt trap which you may find difficult to get out from once it reaches unmanageable proportions. Given the easy access to money and borrowings in today’s world it is even easier to fall into such traps and then end up struggling to find out ways to repay or eventually declaring bankruptcy.

Care for the Start

You should take care of it right from the very beginning and when you notice that you feel the urge of spending even when you do not have enough money in hand to meet the expenses. This is when you should consider yourself to be acting under the spell of shopping addiction. When you find that you are attracted towards clothes, electrical gadgets, jewelry and others which are related to self-image, you should take some time, pause and think it over. The status anxiety and shopping addiction in such case is bound to lead …