Words of Wisdom, Truth, Deceit & Humour

25 May
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Shopping Addiction

Shopping addiction or oniomania is the compulsive desire to shop and generates short-lived satisfaction in the consumer.
It commonly derives from feelings of fear, depression, emotional emptiness, and low self-esteem.
It is estimated that more than 700,000 women in the UK have an addiction to shopping.
Figures released in 2008 revealed that the average consumer in the UK is £3,008 in personal debt compared to an average figure of £1,558 across the rest of the EU.
Total consumer credit lending on store cards to individuals at the end of November 2009 was £227 billion.

 
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