Are you a shopper that loves to buy anything and everything, even if you don’t need it? Do you like to indulge in “retail therapy?” Do you skip lunch just to buy that new Louis Vuitton bag? Do you check the local newspaper just to see what new items came in at your favorite department store? Is your closet filled with clothes that still have tags on them? If you answered “yes” to any of those questions… you my friend, are a shopaholic.
While being a shopaholic is not dangerous to one’s health, it is a danger to your financial stability and your obligations. Money is being spent on frivolous items instead of the necessities. This is where we need to start separating the “wants” from the “needs.” Here are a few tips to replace your old habits: