How to know if you are a shopaholic

Published: Friday, Feb. 13 2009 2:04 p.m. MST

NEW YORK — Many of us love to shop and love great bargains.

But when does a love for shopping become a serious problem?

An estimated 5.8 percent of Americans are compulsive shoppers, according to a Stanford University study.

Here are some things to ask yourself, from Terrence Shulman, founder and director of The Shulman Center for Compulsive Theft and Spending in Franklin, Mich.

— Do I tell myself that I will only spend a certain amount of money or time on shopping and can't keep my word?

— Am I having trouble paying my bills or with debt because of my shopping or spending?

— Have I lied or made up stories about where I am, what I have bought, or how much money I have spent?

— Is there deceit involved with a spouse, family member or friend about my shopping?

— Do I feel a sense of exhilaration or intense euphoria when I shop, followed by a feeling of guilt, remorse, or regret shortly after my purchase?

— Have I noticed a mental or emotional preoccupation with shopping or spending that is interfering with my relationships or other life activities?

If you answer yes to any of these, you may have a problem, said Shulman. Seek help, whether it's reading a book, going to a support group, or seeing a therapist, he said. And if you have been secretive about your shopping habits, come clean with a close friend or family member.

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