Are You an Emotional Spender? Here’s How To Know and What To Do

Does “When the going gets tough, the tough goes shopping” describe you to a T? Is spending your way to deal with problems? When your money habits are dictated by your feelings, it’s easy to get into financial trouble! Here are five signs that point to an emotional spender. Find out if you are one now!

Stressed at work? You buy a new bag. Guilty about not spending enough time with your loved ones? There goes your hefty Christmas bonus—down to the last centavo—spent on new clothes and toys for the family.

If you’re shopping binges are instant relief from uncomfortable feelings, then you’re an emotional spender. Here are five signs to know for sure and advice on what to do.