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Impulse Spending Dissertation

Impulse Spending As a financial counselor, should you be surprised if a male client states that he has a compulsive shopping problem; why or why not?

I would not be surprised if a male client stated that he had a compulsive shopping problem. This is because the preconceived notion that women constitute 90% of the shopaholics has been proven false by a new research. 2513 adults were interviewed nationwide in the U.S. And it was found that 5.5% males had a compulsive shopping problem and 6% of women had this problem. These statistics were very similar so it would be safe to assume that men suffer from these problems as well. This study was conducted by Dr. Koran of Stanford University School of Medicine to underlying the growing problems of compulsive shopping problems not just...

And that the statistics were not the same but they had shot up.
b. Name three behaviors or characteristics that a shopaholic is more likely to display (have) than a non-shopaholic.

Shopaholics often have an uncontrollable need to buy products and goods frequently whether they require them or not, and they hoard them. Everyone faces the need to spend impulsively, but to shopaholics this occurs extremely frequently and not just once in a while.

They also usually exceed the maximum limit of their cards, or are up to their eyeballs in debt. So they are also more likely to suffer from more financial problems than a normal person who can control his or her budget.

Shopaholics also tend to lie about their purchases to their…

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c. As a financial counselor, you will need to refer clients to experts for help when dealing with client issues outside of your realm of expertise. Please find two support groups for compulsive shoppers. List the URL for their websites and give a brief description (75- 100 words) of the organizations.

The Shulman Centre is a place to consult to if your client has gambling, theft or spending problems. Terrence Shulman is the Director and Founder of this Centre. The website you can visit this on is http://www.shopaholicsanonymous.org/. This website and center provides you with the ability to find out if you have a shopping problem and it provides details of what it is all about and why it occurs so that you may be able to curb it an earlier stage. It also has guidelines if you are confused as to whether you have the disease or not. You can get help online, on the phone or even in person! Or you can purchase books online.

The Comprehensive Addiction Rehabilitation Education (C.A.R.E) Foundation based in Florida is another such organization. The website is http://www.careflorida.com/treatment-programs/specialized-holistic-drug-rehab-treatment-programs/compulsive-shopping-addiction.html. It has a twelve step program to help with compulsive shopping problems which includes family therapy as well because shopaholics cause problems in families and relationships.
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