The Addiction of Overspending

The recession may find shopping addicts hitting rock bottom sooner. How do you know if you’re out of control?

You can’t turn on the TV news or a morning show without hearing how people are cutting back during the current economic downturn. One story that isn’t getting much coverage, though, is how the recession is helping to create (or exacerbate) a new generation of shopaholics.


Retail Therapy

While many people are cutting their spending during this economic downturn, shopping addicts aren’t cutting up their credit cards. Just as with any other addiction, the harmful behavior escalates during times of stress. So while you’d assume that someone facing a job loss or foreclosure would swear off the mall, those difficulties may cause them to rely on retail therapy even more. Others at risk for a shopping addiction may see the problem come to life during this time. For those who find their purchasing power diminished, they are still shopping just as much, but you’ll find them purchasing lower ticket items or turning to discount stores to get that shopper’s “high.” In other words, don’t assume bargain hunters don’t have a problem.

One positive side effect of the current recession is that those with a shopping problem may be found out sooner rather than later, meaning they can get help more immediately. With less cash and credit available and most people watching every penny, it’s harder for compulsive shoppers to keep their secret. Fortunately, there is help readily available. Dual diagnosis facilities like The Oaks at La Paloma can help get to the root of the problem, which is the best way to guarantee lasting recovery.

Articles posted here are primarily educational and may not directly reflect the offerings at The Oaks. For more specific information on programs at The Oaks, contact us today.