Compulsive Spending:
Compulsive spending, also called oniomania or compulsive buying disorder (CBD), is a behavioral addiction where a person feels an uncontrollable urge to buy things, often unnecessary items, despite negative consequences. It’s more than just “impulse shopping” — it can significantly impact a person’s finances, relationships, and mental health.
Here’s a detailed breakdown:
Key Features
Irresistible Urges: Feeling a strong, often irresistible need to buy something, even when it isn’t needed.
Emotional Triggering: Shopping is used to cope with stress, anxiety, boredom, or low mood.
Temporary Relief: Buying provides a short-lived sense of pleasure or relief, followed by guilt, shame, or regret.
Financial Consequences: Overspending, debt accumulation, or hiding purchases from loved ones.
Loss of Control: Repeated attempts to cut back or stop are often unsuccessful.
Psychological Factors
- Emotional Regulation: Compulsive buying can serve as a way to regulate negative emotions.
- Low Self-Esteem: Purchases may provide temporary validation or self-worth.
- Impulsivity: Difficulty resisting urges or delaying gratification.
- Materialism: Strong focus on possessions as a source of happiness.
Signs to Watch For
- Frequent buying unnecessary items.
- Concealing purchases or receipts.
- Feeling anxious or irritable when unable to shop.
- Spending beyond means or ignoring bills.
- Experiencing guilt but continuing the behavior.
Treatment Approaches
Cognitive-Behavioral Therapy (CBT)
- Identify triggers and challenge irrational beliefs about shopping.
- Develop alternative coping strategies.
Financial Counseling
- Budgeting and debt management skills.
Support Groups
- Groups like Shopaholics Anonymous can help reduce isolation and shame.
Medication (SEE A PSYCHIATRIST)
- For underlying anxiety, depression, or impulse-control issues.
Key takeaway: Compulsive spending is rarely just about money — it’s an emotional and behavioral pattern. Addressing the underlying triggers is as important as managing the financial consequences.
Shervan K Shahhian