Guest Post by Lauren Bailey
6 Steps to Shopping Addiction Recovery
It is an unfortunate reality that many Americans and citizens across the world have found themselves in debt and living beyond their means. As common as this is, though, suffering from an actual shopping addiction is quite a separate issue, and it can leave hugely detrimental marks on your finances. If you have found yourself compulsively spending and you need to break the cycle, here are some easy steps to help start the process.
1. Admit you have a problem and seek the help of a counselor.
As anyone who has struggled with an addiction issue knows, the hardest part about the process is completely admitting to yourself that you have a problem that is out of your control. The next step is admitting you need help. Remember, if you could help yourself, you would have done it already! Make an appointment with a counselor or psychologist to talk about the issue and get some guidance about ways to move forward.
2. Cut up Your Credit Card
The first step to financial freedom after putting yourself in damaging debt is to give up your credit card, once and for all. Pay for purchases with cash, check or debit only.
3. Find Shopping Alternatives
The compulsion to shop is not going to simply go away because you realized you are addicted. In fact, your need to shop will probably grow the more you try to fight it. Make a list of activities that you can do in place of shopping, so you have plenty of options handy.
4. Bring a Shopping List Every Time
If you want to control what you buy, then you need to figure out exactly what you need, and only purchase those items. Make a list of items you need to purchase every time you shop, whether it is for clothing or groceries, and stick to it.
5. Change Your Lifestyle
Keeping up the same routine as you had before you started dealing with your addiction will not help your recovery process. Instead, think of this as a time to change up the way you live. Drive a different way to work, eat out at different restaurants, and add activities that you never did before to your weekly schedule.
6. Bring a Friend
When in doubt, bring a friend. Find someone you can trust to support your through your recovery process and call them when you feel the urge to shop, or when you have to go shopping and feel afraid you will overspend.
Author Bio:
Lauren Bailey regularly writes for online colleges. She welcomes your comments at her email Id: blauren99 @gmail.com.
Showing posts with label Impulse Spending. Show all posts
Showing posts with label Impulse Spending. Show all posts
Tuesday
How to Avoid Overspending on Your Credit Card
Guest Post By Andrew Black
Your credit card debt could be piling up by now if you are into overspending. It is becoming a common problem these days as the number of so-called shopaholic people increases. Moreover, modern society has obviously made it very easy to spend much more than you should. It is about time you start aiming to clear your rising credit card debts.
If you want to obtain peace of mind, you should aim to curtail, control, and eliminate overspending. In reality, it could be harder than you think. Most of the time, consumers fail to resist the urge to spend according to their means. Overspending is a problem that leads to more financial problems. Thus, it would be best if you would observe the following tips on how to avoid it.
Prevent impulsive spending
Spending on impulse could be a habit. It is one of the main reasons cited for consumers’ overspending activities. To prevent it, try to reflect prior to buying any item. If you like to buy anything you see in a retail shop, try not to make a purchase right away. Instead, wait for a day before you actually decide to buy it. Doing so would enable you to rethink the proposition to buy and possibly find other items that could be comparatively better.
Do not go to places where there are numerous temptations to buy. Overspending is common to consumers who frequent shopping centres and retail shops. If you go to such places to overcome boredom, try to find other venues to do so. Likewise, try not to spend your lunch break strolling around retail shops. How about hanging out in a garden or a park where there could be less temptation to spend anything?
Live within a strict budget
If overspending is your problem, set a specific budget per week. Intend not to spend beyond this allocation no matter what happens. Furthermore, make sure your weekly budget is in cash, which is much easier to monitor. Keep your credit cards in a secured place and do not bring it whenever you go out so as not to face the urge to spend unnecessarily.
It would also help if you would know how much you spend. Be conscious when you buy small or relatively cheap items. For instance, do not buy coffee as frequently as you do. Review your bank accounts, payables, and credit card bills so you would determine how much you spend within a particular period. Also try to look at different types of items you purchase.
Set objectives when shopping
You could effectively avoid overspending if you would set clear objectives prior to shopping. Buy items because you really need them, not because you want them. Before deciding to purchase anything, think more than twice whether you would go on and complete the purchase. Do not try to look closer at things that do not fall within your shopping objectives.
Lastly, you could curtail overspending by avoiding spending by habit. Review your own habitual spending pattern. This way, you could determine whether you tend to buy things based on necessity or simply based on your habit. Try to find other recreational activities that would take most of your idle time from habitual spending.
Andrew has been working in the finance industry helping people to consolidate credit card debts. Andrew now likes to share advice on how to avoid debt.
Your credit card debt could be piling up by now if you are into overspending. It is becoming a common problem these days as the number of so-called shopaholic people increases. Moreover, modern society has obviously made it very easy to spend much more than you should. It is about time you start aiming to clear your rising credit card debts.
If you want to obtain peace of mind, you should aim to curtail, control, and eliminate overspending. In reality, it could be harder than you think. Most of the time, consumers fail to resist the urge to spend according to their means. Overspending is a problem that leads to more financial problems. Thus, it would be best if you would observe the following tips on how to avoid it.
Prevent impulsive spending
Spending on impulse could be a habit. It is one of the main reasons cited for consumers’ overspending activities. To prevent it, try to reflect prior to buying any item. If you like to buy anything you see in a retail shop, try not to make a purchase right away. Instead, wait for a day before you actually decide to buy it. Doing so would enable you to rethink the proposition to buy and possibly find other items that could be comparatively better.
Do not go to places where there are numerous temptations to buy. Overspending is common to consumers who frequent shopping centres and retail shops. If you go to such places to overcome boredom, try to find other venues to do so. Likewise, try not to spend your lunch break strolling around retail shops. How about hanging out in a garden or a park where there could be less temptation to spend anything?
Live within a strict budget
If overspending is your problem, set a specific budget per week. Intend not to spend beyond this allocation no matter what happens. Furthermore, make sure your weekly budget is in cash, which is much easier to monitor. Keep your credit cards in a secured place and do not bring it whenever you go out so as not to face the urge to spend unnecessarily.
It would also help if you would know how much you spend. Be conscious when you buy small or relatively cheap items. For instance, do not buy coffee as frequently as you do. Review your bank accounts, payables, and credit card bills so you would determine how much you spend within a particular period. Also try to look at different types of items you purchase.
Set objectives when shopping
You could effectively avoid overspending if you would set clear objectives prior to shopping. Buy items because you really need them, not because you want them. Before deciding to purchase anything, think more than twice whether you would go on and complete the purchase. Do not try to look closer at things that do not fall within your shopping objectives.
Lastly, you could curtail overspending by avoiding spending by habit. Review your own habitual spending pattern. This way, you could determine whether you tend to buy things based on necessity or simply based on your habit. Try to find other recreational activities that would take most of your idle time from habitual spending.
Andrew has been working in the finance industry helping people to consolidate credit card debts. Andrew now likes to share advice on how to avoid debt.
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