I am obsessed with spending addictions this week. I don’t know why. I talked about it on my radio show, I talked about it on Your Time with Kim Iverson, and I talked about it on The Smiley Morning Show. Many people are compulsive spenders, but that doesn’t mean that they are addicted. I interviewed Harvard trained psychotherapist, Carleton Kendrick, on my radio show. He said that even though a spending addiction is not a physiological addiction, it’s still a serious issue.
I have compiled a list of symptoms that you should consider when trying to self-diagnose.
1. Do you lie to cover up your purchases? Lying about money is a serious problem, and can really damage your relationships.
2. Are your relationships struggling? This could be a sign of your halitosis, but then again it could be a side-effect of your terrible spending habits.
3. Do you just store the stuff you buy? Spending addiction is about the purchase, not about what you purchasing. Therefore, many times addicts will buy things that they don’t  even need. Thus, storage.
If you think you have a spending problem, you should really seek help.
About Green Candyâ„¢
Green Candy™ (www.GreenCandy.com) is an online financial assessment tool that helps Gen Y-ers and Millennials get on the right financial track before the “debt hits the fan.†Introduced by radio personality, comedian and financial expert Pete the Planner (www.PeteThePlanner.com), Green Candy’s ™ various “pods†allow users to assess their financial health and competency in common areas such as Debt, Budgeting, Investing, Charity, Risk Management and Major Purchases, as well as in areas unique to Gen Y. A subsequent series of targeted worksheets, podcasts, tip sheets, and action plans guides them to the financial promise land. Green Candy™: Get in control before the debt hits the fan.
About Pete the Planner
Pete the Planner (www.PeteThePlanner.com) is expert financial planner Peter Dunn’s super-saving alter ego. Peter is an award-winning comedian and rising star in the financial world. Named one of “Indy’s Best and Brightest†in finance in 2007 and media in 2009 by KPMG, Peter was also declared one of NUVO magazine’s “30 under 30 to Watch in the Arts†for comedy. Peter is the author of What Your Dad Never Taught You About Budgeting (2006) and is the host of the popular radio show Skills Your Dad Never Taught You on News Talk 1430 (WXNT). He blogs regularly at www.petetheplanner.com/blog. Pete appears regularly on Fox News and Fox Business as well as various CBS stations. His newest book, 60 Days to Change, is due out in November.