The age-old Christian cliche that money is the root of all evil might just be an unfair statement; after all, the entire global financial system is based on paper or precious metal currencies called “money,” “gold” and other modes of trade. I think the correct phrase should be “the love of money and the monopoly of the markets is the root of most evil.” Not all evils are a byproduct of monetary gains or loss; some are committed for reasons beyond comprehension. A shopaholic for instance, is not necessarily a case of love of money. No, it is a psychological behavior of greed even if the person has no real purpose for buying stuff; he or she just wants to own them.
Also if paper money was not the currency used in our civilization, it will not stop people from becoming serial shopaholics as they will trade goods for something else!
What Drives your Passion in Life?
Addiction is never a good thing to succumb to while you’re planning to do personal finance. If anything, it will become the bane of your financial plans for the future and being a shopaholic is a certain kind of addiction too! The underlying problem with being a shopaholic is that you have a passion for collecting things – you’d be a collector where it not for your overcharged passion. Yes, addiction stems from your passions in life, except this kind of excessive behavior becomes destructive in the end. What you need to do is to curb your shopaholic behavior.
You may want to start with these tips:
Start with a Right Perspective
There is always a thin red line between saying “no” and giving in to temptations. If you set your mind to the ‘no’ part of it, the ‘temptation’ part will gradually follow. Therefore, set your mind into the right prospect that shopping too much is a bad thing and being a shopaholic is the worst thing you could get yourself into. Think of the things you need to buy and not those which you just like or want to buy – list them down based on their priorities and if they’re not really needed immediately, then don’t buy them yet. Start your day with a right mindset. Think before you act!
Think Outside of the Box
Think of other ways to use your resources rather that just squandering your cash. Your misconceptions about reality makes you vulnerable and takes you back to your addiction on checking online shopping sites or exploring all shopping malls and other stores to look for new items to buy. You can instead learn new hobbies like those DIY (do-it-yourself) blogs on the internet, or learn archery, horseback riding, swimming, workout routines, painting, 3D graphics design; write poems, short stories or novels etc.!
You’ll see that there’s so much you can do with your time and money. And most of the things you’ll learn here will even help you save money compared to being a shopaholic.
Perseverance is a Must
And now comes the hard part of overcoming addiction – how to stay the course. You know what they say about old habits, right? Well, the same is true for being a shopaholic and you need to pay attention to your impulses in order to put an end to it. Usually, it is when the voices in your head says “it’s okay, it’s just a $45 dress” or “it’s just a brand new Nike shoes after this you won’t have to buy anything else for months;” that’s when the shopaholism builds its momentum until it goes full swing and ultimately becomes unstoppable. You’ll regress back to your old self. Always say “no,” besides you’ve got lots of those fancy dresses and shoes in your closet to last you for 5 years already, so there’s no need to add to that stock.
Anyways, what I’m saying is persevere and you will see the light at the end of the tunnel and you will save yourself from this addiction sooner or later.
Patience in Improvement
If you fail today or even the following day and still can’t get enough of shopping, that is okay. You can start all over again tomorrow or the following day. Take one step at a time. In time you will be successful in life and you will remember how you have mastered your personal finance plan and share it with others!