Navigation Links
Why shopaholics overspend? Poor credit management, buying to boost mood, study says
Date:8/1/2013

SAN FRANCISCO, August 1, 2013 -- Why do shopping addicts keep spending even in the face of harmful financial, emotional and social consequences? A new study suggests poor credit management and a belief that new purchases will create a happier life fuel compulsive buying.

Approximately 10 percent of adults in Western countries are believed to have a compulsive spending disorder that leads them to lose control over their buying behavior, and the trend is on the rise. These shopaholics are addicted to buying things, regardless of whether they want or need them.

In a new study due to be published in the Journal of Economic Psychology, San Francisco State University researchers have identified specific behaviors that lead to such compulsive buying.

"Compulsive shoppers tend to be people who bury their head in the sand and ignore the credit card bill," said Ryan Howell, associate professor of psychology at SF State. "We also found that these individuals keep on buying because they are looking for that 'buy high,' hoping their purchases will lift their mood and transform them as a person."

"A lot of research has shown that shopaholics tend to have materialistic values," Howell said. "Our results explain why materialistic people shop compulsively."

Howell and colleagues surveyed more than 1,600 participants who answered questions about their money management, shopping habits and how much they value material possessions.

The researchers' analysis found that lack of money management predicted individuals' compulsive spending, regardless of their personality, gender, age and income. In particular, out-of-control-shopping was primarily driven by poor credit management, such as not paying attention to credit card statements, not paying credit card bills on time and exceeding credit limits.

The authors suggest that one possible reason why credit cards may facilitate compulsive shopping is because the
'/>"/>

Contact: Nan Broadbent
nbroadbe@sfsu.edu
415-338-7108
San Francisco State University
Source:Eurekalert

Page: 1 2

Related medicine news :

1. Raritan Bay Medical Center Earns AABB Accreditation
2. International Labour Organization Official Joins the Microcredit Summit Campaign Executive Committee
3. University of Western States Massage Therapy Program Receives Accreditation from Commission on Massage Therapy
4. Providigm Announces Second Quarter 2013 QAPI Accredited Nursing Centers
5. A-lign Offers Remedy to CFPB Hot Topics at Annual ACA Credit and Collections Conference
6. A2LA Offers “ISO 15189:2012 and Medical Laboratory Accreditation” Training in Atlanta, GA on November 4-5, 2013
7. Local Breast Center Receives Two Coveted National Accreditations
8. Standard & Poor’s Affirms Horizon Blue Cross Blue Shield of New Jersey’s Credit Rating of “A” - Affirmation Follows Review Under Revised Insurance Criteria
9. United Medical Credit Hires More Staff to Contact Doctors and Promote their Financing Services
10. Providigm to Announce Second Quarter 2013 QAPI Accredited Nursing Centers
11. CME Accredited Plant-based Nutrition Healthcare Conference Fills the Gap
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/28/2015)... Madre, CA (PRWEB) May 28, 2015 The ... superior outpatient wound center management for a decade with a ... partnership was formed between USC and Wound Care Advantage to ... was recognized for a drop in the rate ... , Wound healing is a complex undertaking that can ...
(Date:5/28/2015)... Texas (PRWEB) May 28, 2015 ... excited to announce that the International Organization for ... Integrated Domain Group (BRIDG) Model version 3.2 as ... and its link with healthcare. This standard, which ... Standard (DIS) ballot, was unanimously approved on 24 ...
(Date:5/28/2015)... May 28, 2015 Restricting access to ... violence, but policies that more clearly define alcohol misuse ... review of existing research and public policies by the ... published online April 30 in the peer-reviewed journal ... other forms of alcohol misuse in association with firearm ...
(Date:5/28/2015)... 2015 New Jersey Plastic Surgeon and ... world-class results. With over 30 years of experience ... in art, Dr. Rafizadeh knows what it takes to ... Plastic Surgery involves the principles of proportion, harmony and ... level of comfort and personalized care from the moment ...
(Date:5/28/2015)... 28, 2015 Medelis, Inc., a specialty ... the company in the role of president. , “ Bill ... the CRO industry,” said Larry Flanagan, Medelis’ CEO and co-founder. ... through our next phase of growth.” , Taaffe joined ... from nine employees to over 4,500 employees, achieving 12 consecutive ...
Breaking Medicine News(10 mins):Health News:USC Verdugo Hills Hospital Wound Care Team Provides Outstanding Healing Results 2Health News:CDISC Announces BRIDG Model for Research as Final ISO Standard 2Health News:CDISC Announces BRIDG Model for Research as Final ISO Standard 3Health News:UC Davis Research Finds That Restricting Firearms Access for People who Misuse Alcohol May Prevent Violence 2Health News:UC Davis Research Finds That Restricting Firearms Access for People who Misuse Alcohol May Prevent Violence 3Health News:UC Davis Research Finds That Restricting Firearms Access for People who Misuse Alcohol May Prevent Violence 4Health News:"NJ Top Doc", Dr. Farhad Rafizadeh is Excited to Offer New Services at his Plastic Surgery Practice 2Health News:"NJ Top Doc", Dr. Farhad Rafizadeh is Excited to Offer New Services at his Plastic Surgery Practice 3Health News:Bill Taaffe, Former President and CEO of ICON Clinical Research-US, Joins Medelis, a Specialty Oncology CRO, in the Role of President 2
... ... Direct Product Evaluations and In-depth, Confidential Interviews Conducted by KLAS with Hospital Executives and ... Chicago ... RES-Q® Healthcare Systems announced that its RES-Q® Labor Resource Management system was ranked #1 ...
... , TITUSVILLE, N.J., Sept. 9 Attention Deficit Hyperactivity ... children(1) and 4 percent of adults in the U.S.(2) Recent ... of U.S. school-aged children meet the Diagnostic and Statistical Manual of ... ADHD diagnosis.(3) Meanwhile, it is estimated that just 15 percent of ...
... SALT LAKE CITY, Sept. 9 ... reference laboratory and a leader in innovative laboratory research and ... scientist, received a prestigious National Institutes of Health (NIH) grant ... scientific officer of Integratech Proteomics, a University of Utah start-up ...
... , , , ... program may have ended, but financial incentives for improving health and ... DeKalb Surgical Associates, "Cash for Crow,s Feet" program offers ... - at half the typical cost, said Dr. David R. Fern, ...
... The Oreck vacuum was invented with women in mind, according ... to be lightweight and powerful for ease of use, effective cleaning ... our support of Susan G. Komen for the Cure in the ... to help raise donations for the cause," Oreck said. , ...
... , Leg Cramps Can be Red Flag ... 9 As many as 4.5 million American women have a common ... arterial disease. September is Peripheral Arterial Disease (P.A.D.) Awareness Month ... with Heart Disease have launched a national effort to inform Americans about ...
Cached Medicine News:Health News:RES-Q Labor Resource Management Ranked as the Top Staff Scheduling System Solution in KLAS 2009 Special Report 2Health News:CONCERTA(R) (methylphenidate HCI) LAUNCHES MOBILE WEB EXPERIENCE TO PROVIDE TOOLS AND SUPPORT FOR ADHD AWARENESS 2Health News:CONCERTA(R) (methylphenidate HCI) LAUNCHES MOBILE WEB EXPERIENCE TO PROVIDE TOOLS AND SUPPORT FOR ADHD AWARENESS 3Health News:CONCERTA(R) (methylphenidate HCI) LAUNCHES MOBILE WEB EXPERIENCE TO PROVIDE TOOLS AND SUPPORT FOR ADHD AWARENESS 4Health News:CONCERTA(R) (methylphenidate HCI) LAUNCHES MOBILE WEB EXPERIENCE TO PROVIDE TOOLS AND SUPPORT FOR ADHD AWARENESS 5Health News:ARUP Laboratories' Scientist Tanya Sandrock Receives NIH Grant to Search for Additional HIV Therapies 2Health News:'Cash For Crow's Feet' Program Offers Effective - and Affordable - Laser Skin Treatments 2Health News:New Special Edition Oreck(R) Vacuum Helps Clean for the Cure(R) 2Health News:New Special Edition Oreck(R) Vacuum Helps Clean for the Cure(R) 3Health News:WomenHeart and P.A.D. Coalition Join Forces to Educate Women about Peripheral Arterial Disease 2Health News:WomenHeart and P.A.D. Coalition Join Forces to Educate Women about Peripheral Arterial Disease 3
(Date:5/28/2015)... , May 28, 2015 Compassion & Choices ... has approved a bill that would authorize the option of ... was 5-2. ... 128) , would allow mentally competent adults with six months ... they could take to painlessly and peacefully end an unbearable ...
(Date:5/28/2015)... SANTA MONICA, Calif. , May 28, 2015 /PRNewswire-USNewswire/ ... require doctors to check a state prescription database before ... drug addiction and thousands of overdose deaths. ... D- Bell Gardens , will require prescribers ... System (CURES) before prescribing Schedule II and III drugs, ...
(Date:5/28/2015)... , May 28, 2015  The U.S. Department ... Orbit Medical Inc. and Rehab Medical Inc. to resolve ... with the filing of a whistleblower lawsuit by two ... sales representatives, under the direction of one of Orbit,s ... so that Orbit could obtain payment from Medicare for ...
Breaking Medicine Technology:California Committee Sends Medical Aid-in-Dying Bill to Senate Floor 2California Committee Sends Medical Aid-in-Dying Bill to Senate Floor 3California Senate Approves Legislation Requiring Physicians To Check State Database Before Prescribing Powerful, Addictive Medications, Says Consumer Watchdog 2Electric Wheelchair Sellers Agree To $7.5 Million Settlement Of Whistleblower Case Alleging That Company Forged Medical Records As Part Of Scheme To Defraud Medicare 2Electric Wheelchair Sellers Agree To $7.5 Million Settlement Of Whistleblower Case Alleging That Company Forged Medical Records As Part Of Scheme To Defraud Medicare 3Electric Wheelchair Sellers Agree To $7.5 Million Settlement Of Whistleblower Case Alleging That Company Forged Medical Records As Part Of Scheme To Defraud Medicare 4
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
Medicine Products: