COLLEGE STUDENT DEBT

Credit Card Debt In College Students

581 out of 625

IS COMPULSIVE BUYING LINKED TO MENTAL ILLNESS?

Compulsive Buying Disorder is not recognized by the Diagnostic and Statical Manual of Mental Disorder

To determine whether CBD is present, a mental health practitioner will likely interview the patient about their shopping behaviors and feelings before and after shopping and it may include assessments to look for other mental health disorders.

Goals of the CBD diagnostic process is to determine whether the patient’s shopping behavior fits the pattern of the disorder or is in line with normal buying behavior.

The practitioner will look for a distinctive pattern of CBD behavior that includes:

-A preoccupation with thoughts about shopping and a tendency to anticipate the shopping experience

-Negative emotions such as anxiety, boredom, self-criticism, or anger that precede shopping or buying

-A sense of euphoria or relief from the negative emotions at the time of the purchase

-A feeling of disappointment, shame, or guilt after the purchase

People with CBD often meet criteria for other mental illnesses such as Mood disorders, anxiety disorders, substance disorders, eating disorders, ADHD and a variety of impulse control disorders.

CBD are most likely driven by feelings of anxiety, depression or low self-esteem.

For some people, shopping ends up turning into Compulsive Buying.

AVERAGE CREDIT CARD DEBT IN AMERICA BY AGE

Generation Z (1997-2012)

Millennials (1981-1996)

Generation X (1956-1980)

Baby boomers (1946-1964)

Silent Generation (1928-1945)