Real Estate News: Don't Drain The Bank By Spending

City of Hialeah - Miami Dade County

The fifth largest city in the State of Florida with an area of 20 sq. miles and a Class 1 Fire Department. Hialeah has access to most major thoroughfare - linked by I-95, I-75, the Palmetto and Sawgrass Expressways, and the Florida Turnpike. It is home to Hialeah Race Track and rich with investment opportunities for apts, homeownership, retail and the manufacturing sector. Mayor Julio Robaina serves as strong mayor. His vision to encourage business growth and quality of life for the residents maintains the City of Hialeah as one of the most desirable and stable community in Miami Dade County. See all the details at www.hialeahfl.gov

9/21/2010

Don't Drain The Bank By Spending

Everyone has at one time or another made an implusive purchase. The danger is when impulsive turns compulsive. Compulsive shopping can destroy finances, careers and relationships. In today's economy this behavior invites disaster.

So how do we overcome compulsive shopping?

Identify triggers
Compulsive shopping fills emotional voids of loneliness, lack of self-confidence and control. The emotional high comes the actual act of shopping.

Remove temptation
The best results comes from staying away from the mall, shopping websites, and putting away credit cards that provides the means by which to shop. You may also unsubscribe to retailer's emails.

Use money tools
By using simple household budget and shopping lists you can maintain focus on what are necessities vs unecessary shopping. Financial goals gives you a reason to save vs spending.

Find substitues for shopping
Since compulsive shopping fills an emotional need you must find a substitute activity such as exercise, volunteering, schedule time with family and friends.