From Overspent to Under Control: Ways to Stop Compulsive Spending
Join our #CreditChat on
Periscope, YouTube Live, Twitter, and Snapchat every Wednesday at 3 p.m ET. In this week’s chat, we discussed emotional triggers that lead to compulsive spending and ways to maintain control of your finances.
The panel included: Neal Stern: CPA and member of the AICPA’s National CPA Financial Literacy Commission; Writer for Shannon McNay: Student Loan Hero; Rod Griffin: Director of Public Education at Experian; and Social Media Specialist at Experian. Christina Roman:
We’re also featuring financial tips all week on Snapchat. Questions We Discussed:
Q1: What is compulsive spending?
Q2: What are common compulsive spending triggers?
Q3: How can you tell if you are a compulsive spender?
Q4: What are some of the consequences of compulsive spending?
Q5: What positive financial habits can help curb compulsive spending?
Q6: What free activities can you do to boost your mood?
Q7: What tips do you have to help someone shop smart?
Q8: What advice do you have for someone whose significant other is a compulsive spender?
Q9: What resources are available to help those trying to get a handle on their compulsive spending?
Q10: Any final tips you can share to help an emotional spender?
The High Cost of the “Treat Yourself” Mindset via Wisebread
5 Ways to Make Retail Therapy Good for You via Wisebread If you’ve never heard about #CreditChat, here is a brief overview:
VIDEO Relevant chats on YouTube: