Shopping Lifestyle

If you want to get debt free and lead your life in peace, you should control your spending at all cost. If you feel the urge to spend even if you have limited cash in your hand it is a point to be worried as it is the sign of an addiction. Like all addictions, shopping addiction can also be cured and just like all addicts, you should be diligent and determined to get cured, to start with. in most cases debt is the result of compulsive spending and mismanagement of such credit and debt leads to debt accumulation and deteriorating financial health.

Ask Questions To Yourself

The most significant sign for addiction is that you do not know the limit and time to stop. You feel the high in such spending and have a sense of satisfaction to show your self-image to others, on borrowed money. You should know …

When you buy impulsively it is time to be concerned as such shopping addiction may lead you to the black hole of debt. It is a feeling when you feel ‘high’ when you spend, on necessary and mostly on unnecessary objects. The most probable cause of such addition is that you are not able to distinguish properly between your desire and need. This results in buying things which you could have easily done without and keep your expense level to the minimum. In such addicted and impulsive buying you tend to use any possible option to get the required cash and do not even hesitate to use your credit card extensively.

Know The Beginning

It all starts with the urge to buy and spend even when you do not have the required money in hand. You start to borrow from people to quench your desire and due to the ever …

It seems very nice to buy a new item or to wear a new piece of cloth but if it comes with a price which is more to the tag attached then it has no value. You should not show your image depending on borrowed money as that you not only lead you to a debt trap but would also affect your health adversely resulting serious problems like heart attack and stroke. It is better to collect things in cash more than in credit so that you can limit your expense to a considerable extent. You can limit your credit card use to a single one and freeze all the other and also use it for only in case of emergencies only.

Be More Realistic

You should be more realistic in making expenses and only stick to your needs more than your wants. It is also not wise to use …