Addicted to spending money: understanding compulsive shopping
Outlining the signs of compulsive shopping, and what to do if you're addicted to spending money.
Outlining the signs of compulsive shopping, and what to do if you're addicted to spending money.
Shopping addiction, which is also known as compulsive shopping disorder, is where the desire to make purchases or spend money becomes so great that it causes you to lose control over whether you act on these urges or not.
In recent years, shopping addiction has come to incorporate online shopping, as well as ‘face-to-face’ transactions. As people spend an increasing amount of time online, shopping addiction is an issue people are facing more than ever.
When something becomes a habit, you feel powerless to stop. This can include spending money and shopping. If you're addicted to spending money, and are finding that it's affecting your finances, relationships, health and quality of life, this is just as serious as any other addiction.
When we make a purchase, our brain releases endorphins and dopamine. For some, this momentary pleasure can lead to compulsive shopping, as the instant reward and motivation to re-experience the ‘rush’ starts to outweigh self-control and practical financial considerations.
Compulsive spending - which is also known as oniomania, shopping addiction and pathological buying - is when a person feels an uncontrollable need to shop and spend, either for themselves or others. Within this article, we'll outline the signs and symptoms of compulsive shopping and spending, and highlight the treatment that's available at Priory.
If you're worried that you've lost control over the amount that you shop and spend, take a look at the common signs and symptoms of a shopping addiction:
“Shopping addiction is easy to dismiss as someone being 'bad with money', irresponsible or just ill-disciplined. Society promotes the positive effects of shopping as beneficial - 'give yourself a treat', 'what you need is some retail therapy'. We're exposed to highly sophisticated marketing techniques. It's easy to see how this, together with the very real, if short-lived, psychological benefit and ‘easing’ from stress or emotional pain that making a purchase can bring, is for some, akin to the short-term benefits of substances."
Read more about Pamela Roberts' comments here.
Many people develop an addiction as a way to cope with their emotions. This is the same for people with a shopping addiction.
Compulsive shopping and spending may be a way for you to avoid or mask negative and uncomfortable feelings, such as sadness, boredom, stress and anxiety. For example, if you're dealing with something difficult at work, home, or in your relationships, you may turn to shopping to distract yourself and temporarily boost your mood. Over time, shopping may have become a habit and something that you consistently resort to as a distraction from life’s problems.
A shopping addiction can also be a way for a person to cope with difficult emotions, feelings or memories. It can become a way of numbing and muting pain or distress. However, it's an unhealthy coping strategy that doesn’t effectively deal with this pain or distress, and can also lead to a person feeling worse in the long term.
Having a compulsive urge to shop and spend is likely to be having a dramatic and destructive effect on your life, and possibly the lives of those closest to you.
While you may still experience that initial rush of endorphins and dopamine when you buy something, it’s likely that these temporary feelings of excitement give way to guilt, shame and anxiety in the immediate aftermath of making a purchase. These feelings may then result in you going back to the shops or using shopping apps to spend more, and thus, you soon become trapped in what feels like a vicious cycle.
When you're addicted to shopping, the real-world effects of the addiction can include:
If you're worried about your compulsive shopping, the most important first step for you to take is to recognise and accept that you have a problem.
Then, it's recommended that you get support to help you overcome the issue. If you'd like to come and speak to the Priory team, one of our free assessments* gives you the opportunity to learn more about us and ask any questions you have. It also helps our specialists to find out more about your circumstances so they can recommend the most effective shopping addiction treatment for you.
At Priory, we provide therapeutic programmes to people with shopping addictions. During this time, you'll learn new ways to handle stress and any other negative emotions that have been causing you to shop and spend. Our team will also help you to understand the underlying reasons and triggers for your shopping habits, while providing you with coping strategies for an addiction-free life going forward.
*People with a dual diagnosis may need to be assessed by a consultant psychiatrist, which is a chargeable appointment.