When Shopping Becomes a Problem

We all know someone who shops a lot. They talk about how much they love it, about what they bought. Some even openly admit that they have a problem. Nicole, blogger and author of Budgeting Babe wrote an article about her shopping addiction.[link] She gave a few smart tips for people who are trying to curb their shopping addiction. But how do you know if you have a problem in the first place?

If you think that you or your friend might have a shopping addiction, here are a few questions that should ask yourself:

Spending over budget. Are you in deep financial trouble because you overspend? Do you find yourself justifying purchases that you realistically can’t afford?

Compulsive buying. Do you ever go in for one pair of shoes and come out with 10?

A chronic problem. Is your spending more than just a Christmas spree, and a problem that you struggle with year-round?

Hiding the problem. Do you ever feel like you have to hide your purchases because you’re afraid of what your spouse or friends might say?

A vicious circle. Do you return purchases because you feel guilty, only to find that this guilt causes you to go on another shopping spree?

Impaired relationships. Have you lost touch with friends or family because you spend all your time shopping, use lies to cover up your debt, or generally isolate yourself others?

If you can answer “yes” to any of the above questions, seek help now. Shoeboxed.com is here to get your life back on track. Shoeboxed automatically organizes your online expenses in an easy-to-read format. It keeps you accountable, it keeps you organized, and it helps you confront your shopping addiction.

Leave a comment and tell your story, and let shoeboxed help you today!

Women Shop, Men Buy

According to a study completed within the last year, purchases made by women accounted for more than eighty-five percent of all consumer expenditures. Yes, it’s hard to believe, but women shop more than men. But the real question is why? The answer may surprise you.

Research conducted by Cotton Incorporated Lifestyle Monitor™ confirmed that women spend more time than men shopping each month. Females who responded to the survey admitted to spending an average 100 minutes a month shopping for apparel, while males claimed they spent an average 60 minutes doing the same. Shopping psychologists have often suggested that although many men enjoy shopping, most do not want to be perceived as caring about their wardrobe—and therefore spend less time at the mall.

But this theory may not be entirely valid. Although women were proven to shop more often than men, they also shopped more times in a given month. Men were likely to shop an average 1.4 times a month and women made 2.3 trips per month. What does this mean? Both sexes spend about forty minutes per shopping trip.

Still, psychologists assert that shopping is a great “stress buster” for women. According to the survey, female respondents often get some sort of thrill or excitement from buying. More than fifty percent said they “like” or “love” shopping. Whether going to the mall with friends on the weekend or doing family shopping during the holiday season, one thing’s for sure—men may enjoy buying, but women love shopping.

Managing your Compulsive Shopping Addiction

A new epidemic has hit America. While most scientists refer to it as oniomania, this condition is more commonly know as compulsive shopping, compulsive buying, or compulsive spending. Our society is constantly bombards by TV commercials, magazine advertisement, and online banner ads that persuade us to spend money, usually on purchases that we don’t need. And it’s having a significant effect on the nation’s population.

Shopping addiction is a very real problem, with an estimated ten percent of the American population making compulsive purchases or overspending. However, there is still question as to whether or not excessive buying is a true disease. It’s unclear if people can have a real addiction to shopping, or if their behavior stems from an obsessive-compulsive disorder (OCD). What is known is that many excessive shoppers are multi addicted and may abuse alcohol or prescription medication in addition to buying compulsively.

So what do you do if you’re stuck in a rut? Do you think you might have a problem, but don’t know how to stop? Here are a few quick tips to help you manage your addiction to shopping:

First and foremost, find a friend and tell them how you feel. Let them know that you think you may have a shopping addiction. Don’t feel embarrassed or guilty, and try to talk openly about your spending habits and emotions.

Have a list of exactly what you need. Every time you go to the store, make a list of exactly what you need. If it’s not on the list when you get there, you can’t buy it. Even if you forget something that you really need, you’ll have to wait until next time to buy it.

Go shopping with friends. Don’t let yourself shop alone. Surround yourself with supportive friends who won’t let you relapse.

Don’t fall for the good deals. Deals are only great if you really need an item. If it’s not on the list, you don’t need it, and if you don’t need it, it’s not a good deal.

And most importantly, be honest with yourself about how much you are spending. You need to keep a close record of everything you are buying and make sure that you are only spending money on things you need. It’s really simple – only buy what you can afford.

Shoeboxed.com is committed to helping compulsive shoppers automatically and effectively manage their purchases. If you feel like your spending is out of control, click here. You can give us your email address, and we’ll let you know as soon as this innovative service is available. You deserve to be in control of your own life, and shoeboxed is here to help.