Who doesn’t enjoy a big shopping trip? This can be your opportunity to buy a few things for the house, update your wardrobe or rack up from an end-of-the-season sale. For many, shopping is something they do a few times a year, and these people can often window shop and walk out the mall empty-handed.
But for others, shopping is a real problem that takes over their lives. Shopaholics typically can’t go more than a couple of days without making a purchase, and they often spend money that they don’t have.
Does this sound familiar? Some people unknowingly fit the description of a shopaholic. Here are seven signs of a possible shopping addiction.
1. Plastic is your best friend.
Most people have at least one credit card in their wallet. These are useful in an emergency. But if your number of credit card swipes exceed your number of emergencies, or if you have at least one maxed out credit card, you may have a shopping problem. Granted, using your credit card for everyday purchases doesn’t necessarily indicate a problem. Maybe your credit card has a rewards program and you earn cash back or points on every purchase. In this case, regular credit card use can build your rewards faster and ultimately save you money. However, if your credit cards are simply a substitute for cash, and you don’t pay off your balances each month, it’s time to evaluate your spending habits.