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When to Stop Spending Syndrome

Books and films like “Confessions of a Shopaholic” have made of compulsive shopping a laughing matter, however, if we focussed on the message all those who have written about this syndrome try to relay, we would realise that there is nothing amusing about this problem, because that’s what it is: a problem that, fortunately, can be resolved before it ruins people’s lives forever. This is a condition that attacks many people, maybe even you. Have you ever felt the need of buying lots of things? Have you bought something and felt incredibly happy when taking the credit card out of your wallet? Imagine that feeling, only ten times more intense.

That’s how shopaholics feel when they buy something, at least until guilt takes over. Shopaholics tend to spend and spend until they can spend no more. Then after a second wind they are up spending again. When people suffer from this condition they don’t recognise when to stop shopping. They don’t realise that it is safe to leave the red for sale item for someone else. The result can be fatal to their pockets, health, and the home environment they create for their families.

*Beware this syndrome is contagious and can spread to your closet friends as well.

Symptoms:

• Chronic Spending

• Inability to walk away from a good sale

• Suffering from frustration and a short temper

• The spending habits all blend together Treatment

Step 1: Analyse Your Spending: Before deciding to spend look at the long-term effects. Ask questions about the cost and whether the item is worth it.

Step 2: Effective Planning: After you find out what your spending habits will require then you have to create a plan that ensures you can cut back. This plan should only contain what is required to survive. Reorganise the items by their level of importance and the amount it takes to buy them.

Step 3: Time Management: In order to be successful you have to be able to find something else to do with your time. Remember, “Time is money” so the more time you spend in a store the more you will spend.

Step 4: Learn “When to Stop Spending” and be able to walk away. You have to value your money as much as you do your health. Balancing spending creates a healthy and well-rounded person.

*Note: If you have diagnosed yourself with this condition, please start treatment immediately.

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