Rothschild & Ausbrooks, PLLC
Nashville Bankruptcy Attorneys Get A Free Consultation Call 866-656-8909

When shopping sprees turn into a shopping addiction

Most consumers are familiar with the term "retail therapy." Online shopping has allowed this hobby to become even more prevalent in the homes of millions of shoppers. The satisfaction of picking up a new television or a flattering new pair of shoes is evident, but can a shopping spree go too far? Some Tennesseans experience trouble in drawing the line when it comes to shopping. While the financial risks of such spending can certainly come with crippling costs, some experts point toward warning signs that indicate when harmless shopping becomes a psychological dependence.

As online shopping has gained more traction than ever before, Psychology Today reveals the dangers of compulsive buying. There are many factors that make shopping an incredible appealing activity, especially online shopping. Some of these factors include:

  • Online advertisements on social media
  • Open hours (online shops never "close")
  • Immediacy and convenience
  • Emotional gratification  

Psychology Today outlines these factors, explaining the strong parallels between shopping and addiction. Many consumers use shopping as an outlet for stress and anxiety, which can ultimately lead to prolonged stress when wallets take the biggest hit. It is this emotional tie that makes compulsive shopping so dangerous; the article also connects pathological buying with issues such as depression, obsessive compulsive disorder and hoarding.

Business Insider also highlights the growing problem of shopping addictions and financial crises, adding that compulsive buying can eventually lead to destroyed lives. Countless customers are lured in by marketing ploys that "discount" products, eventually turning to credit card payments instead of cash. Spending large amounts of money on trivial items can also evoke a sense of guilt in shoppers. Business Insider appears in agreement with Psychology Today, concluding that if a consumer is incessantly worrying about the amount of money they owe from credit card spending, there could be an underlying psychological issue at play.  





No Comments

Leave a comment
Comment Information

Contact The Firm For A Free Consultation

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Rothschild & Ausbrooks, PLLC
1222 16th Avenue South, Suite 12
Nashville, TN 37212

Toll Free: 866-656-8909
Phone: 615-866-2265
Fax: 615-242-2003
Nashville Law Office Map