Just received my Credit Card statement and realized that since last few months I'm on a kind of spending spree. Thanks to all sorts of Credit Cards I have got by the mercy of credit loving banks, though I have hardly missed any due dates for my credit cards ( After suffering from the famous debt trap for quiet a long period and it's a subject of another blog) somehow I realized that I'm spending on pretty unnecessary stuff or at least some of my purchases either could be postponed or even cancelled after a deep second thought.
Just notice your buying behavior and and how it changes in the presence of a card payment. We normally plan purchases and allocate funds to make those purchases from our budgets. We hardly consider the credit limit on our cards as a line of credit when we plan our purchases and in most of the cases purchases made on a credit card are unplanned or impulsive purchases. When you start convincing yourself how it's reasonable to make some unplanned or unscheduled purchase and you can do that by using your credit card you can straightaway assume that your have become a shopaholic. By the way there is a beautiful movie on this theme 'Confession of a Shopaholic', a must watch movie for all who feel shop crazily till they drop.
