Are you guilty of emotional spending
What is emotional spending: Often described as retail therapy, emotional spending is when you make a purchase.
Dopamine release: Research has found that shopping releases hormones like dopamine.
Emotional spending isn’t always a bad thing: While it's not always a bad thing, it can become an ongoing habit that can strain our bank accounts.
The good feelings don't last: The rush of good feelings after buying something typically doesn't last long.
Emotional spending vs. compulsive buying: Emotional spending isn’t a disorder, but sometimes it can cross the line into one.
Compulsive buying: However, compulsive buying is considered a psychological disorder.
An addictive behavior: Also, compulsive buying is an addictive behavior that can have a negative impact on one’s life.
Jealousy: When someone talks about their nice vacation or new car, you may have the urge to buy something or go somewhere, too.
Guilt: We sometimes buy things out of guilt. For example, imagine a kid trying to sell you Girl Scout cookies.
What causes emotional spending: If you want to decrease your emotional spending, the first step is to know your triggers.