Vance P. Truman, Attorney at Law
Putting People's Financial Worries Behind Them Free Initial Consultation

Are you addicted to shopping?

Just like someone can get addicted to alcohol or gambling, did you know that you can get addicted to shopping? It gives you some of the same sense of gratification, and many people do it in order to cope with stress or emotional issues in their lives.

Now, all buying is not a sign of an addiction, and even a one-day shopping spree may not signify an overarching problem. But addiction is a real issue that many people face. One doctor defined it as buying habits that become:

  • Excessive
  • Inappropriate
  • Out of control

Exactly what that means is different for everyone. For someone who is worth millions, a level of "excess" may be far above what most people would face. At the same time, though, you could argue that the person with millions still suffers from addiction. They just have the money to support it.

The problem is that many people do not, and experts warn of the financial troubles that this addiction can cause. It can send you into debt, and it can trap you there as you spend the very money you need to get out of debt on more items that you don't need. Even when you have plans to start paying off that debt, a moment of weakness can ruin them. That's perhaps even more dangerous with the rise of instant online shopping, which allows you to spend nearly unlimited money in seconds.

If you do find yourself with excessive debt due to this type of addictive behavior, be sure you look into all of the legal options you have.

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