The Simple Way To Tell If Your Shopping Has Become Excessive
I am a champion shopper. True story. I can go for hours and have an eagle eye for the most fantastic pieces. Clothing, accessories, home decor or craft supplies; I love to shop for it all.
Shopping can be my boredom-buster, mood-booster or hard-won reward. Home Goods, Victoria’s Secret, Lush, Five Below & Target are my go-to retailers.
If you’re like me, you enjoy shopping more than most. . . and that’s totally fine. . . until it’s not. How do you know when your shopping has become excessive?
I’m not talking about essentials here. Shopping for entertainment or for a ‘want’ is a whole different beast. If you can’t do it without charging it on a credit card, you shouldn’t be doing it at all. In fact, leave your credit cards at home and don’t even carry them in your purse.
The simple way to tell if your shopping has become excessive is that you begin to get secretive. You rationalize the secretivity.
Leave the bag[s] in the trunk until after your husband goes in to work the next day.
Condense your bags before carrying them into the house to make it look like less.
Remove the price stickers off almost everything before coming home and then lie about the price or downplay it.
Mention, slightly defensively, how much of a deal it was. Slip in the conversation how there was only one left so you had to grab it.
The point of secrecy comes at a different time for everyone that has gone a little overboard at one time. Depending on finances, some people can shop every day and be just fine while others can only afford to shop for ‘wants’ once in awhile.
How do you reel it back in?
First things first; get honest. With yourself and your spouse. Add up the total amounts you’ve spent on non-essentials over the last month and talk about what else you could have done with that money. Admit that it’s gotten out of hand.
Go on a shopping fast. Commit to buying only essentials for thirty days and track how much money you save. It’s huge motivator to watch the number grow.
Set up a budget and go all cash for your discretionary spending. You may want to check out my post on Why Everyone Needs a Financial Planner.
How do you know when your shopping has become excessive? What did you do about it?