Everyone has their own way of coping with stress; some prefer listening to music, while others tend to binge eat or binge-watch stuff. Then there are some people who indulge in retail therapy as a stress-busting measure. Retail therapy is the informal term assigned to the activity (a coping mechanism) that involves binge shopping when someone is stressed or having a meltdown. It can effectively reduce stress and make you happy as it releases dopamine while shopping; however, it can have severe consequences when it becomes a habit. Read this article to learn the pros and cons of retail therapy.
Pros Of Retail Therapy
There are many advantages of retail therapy which includes the following:
Enhances Your Mood
Retail therapy can improve your mood and distract you from the thoughts that may be troubling you. It can make you feel good as having a new and desirable product in your hand is always exciting.
Easy & Doable
This is easily doable as it can be done anywhere and anytime. All shopping malls are accessible to everyone, while online shopping is open 24*7.
Provides You Control
This form of coping mechanism provides a semblance of control when whatever incident that agitated you may make you feel helpless.
Increases Social Interaction
Your social interaction increases when you visit malls or markets for shopping. It allows you to interact with people and helps you to stay connected.
Cons Of Retail therapy
Every coin has two sides, and so does retail therapy. There are many disadvantages of retail therapy, which include the following:
People often tend to overspend and regret their decision to spend too much or buy an unwanted item. The chances of overspending increases when you use credit cards or debit cards as a mode of payment. Retail therapy may affect your long-term financial goals and make you financially weak.
It can become addictive and make you spend more time and money. It can result in making decisions which you might regret later.
Also Read: 10 Habits To Follow To Keep Yourself Happy
Things To Keep In Mind While Using Retail Therapy
- You should track your purchases so that you don’t end up overspending.
- Avoid buying unwanted items to avoid regretting them later.
- You should opt for shopping in cash instead of choosing credit cards or debit cards for payment. It will help reduce overspending.
- Before making a purchase, ask yourself if you really need the item and if it is worth purchasing. Most of the time, people buy things which they may never use.
- Try to look for alternative measures to reduce stress, which do not have any consequences. You should practise meditation or try talking to someone when something troubles you.
You should take note if you become compulsive shoppers. If you opt for shopping instead of getting your work done or avoiding your friends and families, it may indicate that you need help from a therapist. Track your purchases and shop according to your needs.