Don’t respond to financial pressures and anxiety by going shopping, buying items you don’t need, or overspending. Spending for unnecessary items or through credit card cash advances can be a problem if you later file for bankruptcy. You may lose your right to erase those debts in bankruptcy if the creditor can prove that you ran up your credit cards knowing that you could not pay them back.
Counseling groups in many communities can help you address uncontrollable spending habits. A credit counselor can usually point you in the right direction. Try to think about what influences your decision to shop and what to buy. Pause before you buy, creating a “cooling off period” or “time out” before you spend.