730 Words3 Pages
Are you a shopaholic?
1. Shopaholics found their compulsion to spend by creating false identities to obtain more creditcards. They often hide bank statements from their spouses and try in any way possible to conceal their abuse. In some extreme cases shopaholics has even turned prostituted in order to finance their spending. 2. The group Walletwatch was made by Lawrence Michaels who is a Shopaholic. He spends thou-sands of pounds on albums he don´t like and clothes which don´t fit him. The reason why he started the group was because he wanted to help other people who have the same tendencies as himself. Walletwatch was started because shopaholics need to be under some kind of surveillance.
3. Richard Elliot wanted to proof that…show more content…
At one time or another though will you find out that you spend too much money on things you don´t even need. Most people love spending money this is one cause of shopaholism, another could be that shopping is used as therapy to better ones mood and confidence. Richards Elliots study of 63 shopaholics show that shopaholics are more likely to suffer from a lack of self- esteem or confidence. They use shopping as a form of social support, which they get from the shop-assistants. Afterwards they feel guilty of cause, risking both life and marriage, but this normally doesn’t stop them. I think we all have an urged to go crazy and start throwing money around. There is a shopaholic in every on of us, who haven´t tried buying thinks they dont really need. I see shopaholics as people who have trouble controlling themselves. It is the same way with alcoholics. Most people like a beer once in a while but alcoholics over do it. They have problems that I would determine to be self-control. I feel sorry for shopaholics and therefore I think it is a great idea with these self- help groups. These groups may the only way out of shopaholism.
Walletwatch 61 Whitehouse Way Souhgate London N14 7LX
Mr. Richard Elliott The Management School Lancaster University Lancaster LA
4YX 4. July 1994
Essay on Shopaholism
1420 Words6 Pages
I have fifty minutes before my exam will be over. Ten minutes have already passed and the only thing I've written so far is my name. I continue to stare at the black type and attempt to make sense of it all. Five minutes remaining and I quickly jot down my final thoughts. My time is up. Usually I would be excited to find out my exam score, but this time there was no use in knowing. I knew I failed. I decided not to attend the rest of my classes for the day and instead do what I usually do when I need to forget about my troubles and just escape into my own world where everything is perfect; go shopping. After my little excursion to the mall, I came back elated, with a bunch of shopping bags in my hands and a huge bill in my…show more content…
Victims of OCD find relief, not pleasure, in compulsive rituals such as washing hands or counting ceiling tiles, whereas compulsive shoppers feel a distinct high. This euphoria keeps them coming back for more, and more, and more.
Compulsive buyers are not able to control their behavior through rational considerations such as not having enough money, and with the easy availability of credit, it's not long before they find themselves in debt. The words credit and card pop up in almost every shopaholic's story. While credit cards don't cause compulsive shopping, they certainly function as enablers and make it easier for undisciplined spenders to get into big trouble in a big hurry. Lorrin Koran, a Stanford psychiatrist and a prominent researcher in the field, says most of the shopaholics he sees developed their addiction in their early twenties, not long after they got their first real jobs and their first credit cards. It isn't just compulsive shopper that have trouble with the plastic, we all do. When we use credit cards it doesn't feel like we're spending real money and according to Gary Herman, director of counseling services for Consolidated Consumer Credit, people who use credit cards tend to spend 20 percent to 30 percent more than they would if they spent cash. With all the credit card usage that goes on, debt increases and we tend to