From Digital Journal
The number of respondents who may have an addiction to buying things is much larger than the 4.7 percent who reported being called a “shopaholic” by their friends or family, according to a poll by CreditDonkey.com
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Do you buy things just because they’re on sale? Do you sometimes hide purchases from your friends and family? Do you feel anxious when you’re not browsing store aisles or retailer websites? If so, you may be a shopping addict – an affliction uncovered by a significant portion of respondents to a recent survey by credit card comparison website CreditDonkey.com .
“Since one key indicator of addiction is denial, we didn’t expect many respondents to raise their hands and announce, ‘Yes! I’m a shopaholic!'” said Charles Tran, founder of CreditDonkey.com , a credit card comparison and financial education website. “But the survey results reveal a significant percentage of consumers display some, or all, of the warning signs of a shopping addiction.”
These red flags include feeling guilt or shame after shopping (which 36.7 percent of respondents have experienced), hiding purchases from their families (20.5 percent), and checking available credit at least once a week (26.7 percent). However, just 4.7 percent of respondents said they have been labeled “shopaholics.”
Among the survey’s other findings:
–31.7 percent of respondents said they “almost always” or “frequently” purchase things just because they’re on sale.
–18.1 percent said they frequently or always purchase items that they don’t need or didn’t plan to buy when they set out to shop.
–Nearly 11 percent of those polled said they frequently shop to improve their mood.
–47.4 percent said they experience a rush of excitement when they go shopping.
–24.4 percent admitted they have items in their closets that are still in shopping bags or have price tags.
–18.5 percent said they have frequent arguments over money.
–19.1 percent said their main reason for using credit cards is to pay for items when they don’t have enough money.
Read the full aricle from Digital Journal.
