If you spend hours browsing shopping sites or buy stuff that you know you want and do not need, chances are, you’re an impulsive spender.
What Is Compulsive Spending?
Compulsive spending is more of an uncontrollable urge to buy things you don’t need and spend money.
After defining impulsive and compulsive spending and identifying the factors leading to each, let’s look at some of the ways you can avoid this.
The first step toward overcoming your spending habits is to realize that you have a problem and that you need to work on it.
Ask yourself what the valid reason for your behavior is and take back control.