Financial planning

Shopping Addiction leads to a Financial Whirlpool.

Shopping is something most people love. But often the thrill, excitement, and absorption becomes such that an ordinary hobby or time filler becomes an addiction. A shopping addiction like drugs, alcohol, or gambling is a blinding thirst where the shopper is unable to see essential from non essential and over spend. They shop until they drop and run into debt spending on their credit cards up to and over its limit.

Shopping for many is escapism from the realities of life and its accompanying problems.

It is but a temporary reprieve from depression, anxiety, or loneliness. What a shopper never understands is it is a false world which will not grant happiness or love, or self esteem. After the shopping binge the person will experience remorse. The unhappiness will intensify due to unmanageable financial disaster and debt. This will be further compounded by the displeasure earned from family members or financial consultants.

Believe me over 80% of the purchases will never be used. An addict may have a hundred pairs of shoes, or bags, or coast, or glasses ? the obsession being restricted to one kind of object.

Like alcoholics, compulsive shoppers go on binges when they are upset, lonely, depressed, or feeling out of sorts. Shopping is a "pick me up," a temporary euphoria that lifts their spirits.

The possible repair of finances and cure of the addiction is possible only if the shopper accepts that an addiction exists. What helps is professional counseling and joining a self-healing group that is dealing with this addiction.

A shopping addicts version or equivalent of alcoholics anonymous.

Guidelines:

1. First and foremost set small limits on all credit cards. Freezing the limits will help you limit your spending power.

2. Lock away all credit and debit cards.

3. Budget household and other expenses. Make specific envelopes and mark them clearly for what the money is earmarked for.

4. Sit with a family member or friend and make a list of bare essentials.

Go shopping with a controlling companion one who will say "NO" is no uncertain terms.

5. Never visit sales or discount warehouses. Or, watch television shopping channels.

6. Do not subscribe to shopping catalogues.

7. Fill your day choc-a-bloc with activities. If you have no time to ?stand and stare' you won't have a moment to think about shopping. Find interesting activities that absorb your interests and time.


8. Go to the mall or shopper's paradise after they are all safely closed for the day.

This way you can look at displays without being tempted to rush in and buy something.

9. If you feel the itch or urge to shop, resist it with all your strength and go out for a walk or to the gym exercise until you are too tired to do anything else.

10. Pay for all purchases by cash or cheque. Use a card only in emergencies.


Compulsive shopping is a serious addiction. It is escapism from realities and unhappiness.

As serious as drug addictions and an illness, a compulsive shopper needs treatment that is similar to other addictions. Addictions of any kind need to be snipped at the very root before it reaches a point of no return..

Paul Wilson is a freelance writer for http://www.1888discuss.com/shopping-deal/
, the premier REVENUE SHARING discussion forum for Online Shopping including topics on shopping deals, finding coupons, shopping discounts, price comparison and more. His article profile can be found at the premier article submission site http://www.1866Shopping.com

How Much House Can You Afford?

Your mortgage calculator says: probably a lot less than your mortgage banker says you can.Sometimes you can qualify for a loan but you should not accept it. Why? The monthly payments are more than you can afford. There are lots of laws in place at the state and federal level to protect customers against predatory lending, but there are still many customers around who will find that six months to a year into their loan they might have to give up their house. They cannot afford the upkeep, insurance and mortgage payments. Your mortgage banker is giving you an estimate of how much they think you can afford, typically based on raw numbers such as your credit score, income, and available cash.

What is not included in this equation is the human factor:
Your spending habits.
One way to quickly look into your financial future is to use a mortgage calculator.Take an independent inventory of your financial situation before you approach your mortgage broker, then compare...

How Much House Can You Afford?
Financial planning > How Much House Can You Afford?

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New York, NY (ContentDesk) November 16, 2005 -- New Era Capital Corp, a New York City based financial services firm catering to mid-market investors and business owners is poised to expand its e-business portfolio over the next 12 months through acquiring or developing new e-ventures, principally; MyBzCenter.com? -- an interactive small business solutions portal. It recently launched a corporate domain at www.New-Cap.US. Already, New Era Capital Corp has successfully launched and currently operates www.MyCompletefinance.com? -- the first fully integrated and interactive financial portal specifically targeted to mid market investors and business owners. The continued success of this portal is one of the motivating factors for the aggressive foray into the e-business arena by New Era Capital. The rapid growth in bandwidth coupled with the steady rise in the usage of broadband...

Banking on the Future of Technology ... New Era Capital Corp Poised To Broaden E-Business Portfolio
Financial planning > Banking on the Future of Technology ... New Era Capital Corp Poised To Broaden E-Business Portfolio

Achieving financial freedom with Network Marketing on The Internet - Part 19

Achieving financial freedom with Network Marketing on The InternetBy Part 19 - Time to take action ? Become a teacher, a co-worker, a mentorIntroductionThis article makes part of a series of 20 articles. The subject of this series is the creation and promotion of a website as a cost-effective method to establish a profitable home based business on the Internet.In my previous article, "Achieving financial freedom with Network Marketing on The Internet ? Part 18 ? Time to take action ? The "Follow-up" method", I have presented to you my method of following-up my affiliates effectively.In this article I will teach you your main job as a Network Marketer.Become a teacher, a co-worker, a mentorYour job now, that you have found your people, is to convert your affiliates into well-trained co-workers. You have to teach them how to work effectively and establish their own profitable home business on the Internet. You have to train them, make the first steps together, support them, motivate them,...

Achieving financial freedom with Network Marketing on The Internet - Part 19
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Bryn Mawr, PA (ContentDesk) October 31, 2005 -- A spirited debate on state versus federal regulation of the insurance industry, and the emerging life settlement business will highlight the Second Annual Industry Summit and Breakfast on December 5.
The event is co-sponsored by The American College Alumni Association and The American College Center for Ethics in Financial Services.
A distinguished panel of experts will discuss the profound changes proposed federal charters and regulation would have on the financial services industry.
The life settlement business has been a growing sector in the financial services industry.
The panel of experts will also address the profound moral and ethical considerations inherent with this growing field.In addition, commission disclosure is always a source of intense debate.

At issue are the consumers expectations of full disclosure versus the agents right to privacy regarding their income.Panel participants...

Controversial Issues to be Addressed at Second Annual Industry Summit in Chicago
Financial planning > Controversial Issues to be Addressed at Second Annual Industry Summit in Chicago

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The proliferation of nonbank "banks" and the long downturn in lending activity are reinforcing the importance of timely net operating analysis by community bankers, says a 33-year veteran of financial consulting.John M. Floyd, CEO and Founder of John M. Floyd & Associates, Inc. (JMFA) of Baytown, TX, near Houston, addressed 175 attendees at the 25th National Conference for Community Bankers. The NCCB ended its four-day event at the JW Marriott Desert Ridge Resort in Scottsdale, AZ, on Wednesday.

The American Bankers Association's invited Floyd as an expert on profitability."Between 1980 and 2004, U.S. banks' share of financial service business shrunk from 58% to 18%," Floyd emphasized. "Nonbank institutions now enjoy 82% of this business. If community banks are going to survive and thrive, it is imperative that their management's constantly focus on return on assets and earnings?on operating costs as a percent of operating assets. "You must know the salary and benefits per million...

Net Operating Analysis Critical To Success, Consultant Tells Community Bankers Customer Retention, Profitability can Counter Nonbanking Competition -- John Floyd
Financial planning > Net Operating Analysis Critical To Success, Consultant Tells Community Bankers Customer Retention, Profitability can Counter Nonbanking Competition -- John Floyd

Preplanning Your Funeral Saves Loved Ones Stress And Money

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Here are a few tips for preplanning a funeral so that you have the funeral that you (or the terminal person you are planning it for) desire at the best price.

The average cost for a funeral, according to the National Funeral Directors Association, is $6,500. But that doesn't include such things as the cemetery plot, the grave marker, and some miscellaneous expenses such as flowers. Choosing expensive options can easily push the cost of a funeral over $10,000.

The surviving loved ones must make these decisions very quickly after death, at a time they are grieving.

It's common for them to "prove their love" by buying an expensive casket and service, even though they may end up spending far more than the deceased would have chosen....

Preplanning Your Funeral Saves Loved Ones Stress And Money
Financial planning > Preplanning Your Funeral Saves Loved Ones Stress And Money

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Scotts Valley, CA (ContentDesk) April 20 , 2006 -- Rent One Online is introducing the ability for travelers to vacation rental properties to get quotes and book Avis and Budget rental cars via Rent One Onlines rental property management and vacation travel software. Rent One Onlines solution is used by vacation rental managers, destination area real estate offices, resorts and web sites that list vacation rental properties.Rent One Online is the first vacation rental company to directly integrate...

Rent One Online to Provide Avis and Budget Rental Cars to Vacation Rental Travelers Rent One Online to Provide Avis and Budget Rental Cars to Vacation Rental Travelers
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Leather motorcycle jackets, Leather cycle jackets, Leather Biker jackets and pants

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Mens Diamond Rings ? The Ultimate Wedding Ring For The Modern Man.

Mens diamond rings are becoming more and more popular with the modern man. As more men celebrate their marriage by the wearing of a wedding ring, mens diamond rings are fast becoming the new mens fashion.The wearing of a wedding ring by a man is a reasonably new phenomenon. It is only really since the second world war that the wearing of a wedding ring by a man became common. However it is taking off now, as are diamond mens rings .And there are different considerations for a man's wedding jewelry...

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Financial planning > Mens Diamond Rings ? The Ultimate Wedding Ring For The Modern Man.

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Put An End To Real Estate Technology Frustrations For Good

Chicago, IL (ContentDesk) July 28, 2006 - Are you struggling to make real estate technology deliver big results in your business?If you feel overwhelmed by all of the options you have for websites, search engine optimization, pay-per-click ads, cell phones, PDAs and everything else, you need to get a copy of our latest real estate technology guide.It's called, The Dark Side Of Real Estate Technology: How Real Estate Technology Is Keeping You From Achieving Big Results In Your Real Estate Business...

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