Archive | June 2020

THE CONCEPT OF A BUDGET

Having a budget is the best way to reduce your spending, and it is the best way to prevent someone from addicted to shopping. Primarily, a budget is a financial plan that comprises intended purchase of products and services, which are often deemed as important.

With a financial plan, it would be difficult to spend outside your budget because you are working with a plan.

When you want to go shopping, it is important you have a budget because it makes your planning easier. If you are not able to get everything on your budget, it is not bad as you can always revisit your budget when you have more money.

During shopping, you would stress yourself less because the price and quality of the intended product has been sorted out. So all you need do is select all the needed products and make payment.

With this, your shopping has become easier, and you save yourself the time and stress of pacing around the shopping mall, thinking of what to buy.

In addition, a budget helps you to set your priorities. A good number of times, we do not know what we want, and when we go and shop, we end up getting things that are not really important at that moment. Before we know it, we end up getting stranded when our money gets exhausted.

Also, a budget helps you to control your money. With a budget, you know the whole amount needed for shopping, and you know how much you need to save. When a budget is well drafted, the owner assumes full control of his or her money when shopping.

When a budget is in place, it is very difficult for an individual to be addicted. And this is usually one of the measures put in place to help a shopping addict.

When they are in rehab for their addiction, they would be thought how to create and use a budget, to prevent future unnecessary expenses.

CONTROLLING YOUR SHOPPING ADDICTION

An individual who has shopping addiction is suffering from a compulsive and obsessive buying disorder, which is shown by unnecessary spending of money and purchase of products.

This behavior is known as shopping addiction. And the worst part is, there are adverse effects that are attached to this.

For some people, they see shopping as a means to rid themselves of negative emotions like anger, anxiety, depression and the likes. However, the relief attached to this is short-lived and there are chances that there would be problems in the long run.

Similar to other forms of addiction, shopping addiction can destroy the life of a person.

People who are addicted to shopping would always want to get the latest products, not minding how they go about getting the money. Moreso, when they are not able to get their desired item, they end up getting sad and eventually depressed.

People who are addicted to shopping are likely to have bad relationships, out of jobs and the likes. In addition, there is a likely chance for the individual to be bankrupt. This is because, they would use every single penny they have to satisfy their desire.

Also, there is a tendency for people addicted to shopping to suffer from various forms of abuse. For some of them, they would strive to finish paying off their debts and it lands them in more debts. Because of this, they would not spend ample time with their family and friends as they used to.

It would get to a point where they would start telling lies because they do not want their loved ones to find out what they have been up to. Shopping addicts would never seize to run out of financial problem and the only way out for them, is to see a mental health counselor.

The first thing they would learn, is the root cause of their addiction. And from there, they would put proficient measures in place that would help them control their urge to shop frequently.