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Going out this was all started I guess got Kate -- -- Fox Business.
By an article Aden in GQ gentlemen's quarterly magazine.
So -- busy very he's the Pulitzer Prize winning sports writer author he wrote Friday Night -- the book which spawned a Monday.
The television series so he comes out and GQ about two weeks ago.
And he says he as an addiction and have all things his addiction is to Gucci.
He's -- that 600000.
Dollars on high end fashion mainly gonna keep me and -- -- Over two years I've -- I think we should stop right.
That and just picture -- visited the clad head to toe.
In Gucci leather at least he could have done something a little more tasteful.
Well hoops I loved -- -- -- He didn't so much cash on on Gucci items that they flew into -- for their action -- hope that in front row not.
On their dime because of the amount of money that he spent so but isn't alone it turns out according to -- charming he is.
That person who started this at Shawmut center for a debtor's anonymous -- -- -- a couple of quarters and standards.
And that's so.
Name it he says that there's about thirty million people -- in America who have a shopping addiction and that and then make up about 50% that we're hitting.
50% yes and in recent years it's gotten more now is this exists.
Is there a difference between the physical addiction of going into a store.
And buying something all and online addiction to they break it down like that at all.
Well he said.
Shopping online has just really brought these numbers up because -- now.
I mean you can figure between brace on your Smartphone as are buying -- -- -- know what I had to do because I'm always looking so.
You can do that all online -- at the click of a button so I spoke to you also this man named Jack and he's a member of debtors anonymous and he had been in debtor's anonymous for 25 years.
He went into debt buying not these high end items one and two dollar used books.
Courting them in his home.
The most -- thing that he bought was a 1000 dollar -- -- and he just couldn't afford that was one of the things he was at Saxon media and -- -- couldn't afford these things -- thousand dollars may not seem like a whole ton of -- not 600000 dollars sure but he couldn't -- as a blue collar worker and couldn't stop buying these types of things.
So and so and if you're right it's so easy let them particularly when you're when your when you just clicking.
You don't feel as much as though you're physically spending that money I guess having good credit unlikely figure right at all online practice makes it that much more accessible and -- -- these that these people so -- -- so tell us about it and you know if somebody's -- their thinking now why did.
Do a lot of shopping online and otherwise to do I have an addiction well.
What are the signs -- they should be looking for the -- to decide whether this is a real problem.
So it this time.
One thing to think about is if you're accessing -- -- like his man Jack told me.
He couldn't stop -- -- -- used -- that he did not need but he loved to read you what to learn he couldn't get them out of his mind but loves leather apparently so he couldn't get that out of his mind -- sent a whole different story.
So here obsessing over I didn't can't get them out of your head at that point that you may have a problem right another thing to think about is if you are hiding and -- among -- this is called financial infidelity.
A lot of times it leads to divorce because people are hiding.
What they're spending if it's on vacations clothes look you know cars jewelry whatever neighborhood they're hiding it from people that's -- embarrassed of it you don't want them to -- -- story sign about problems and then finally isolation this man Jack said his social life completely crumbled because he was so embarrassed of the things that he had his home.
He stopped inviting friends over and his marriage -- dissolved because.
Got a point -- say I wish I mean who knew we do we -- it's easy to cut sort of poke fun of this that this is a really serious -- -- and people are -- financed by then I.
And were laughing about it it's not mean it's a serious problem it's an -- it's very and it's not destroying your life like that -- but it's not and it's not just thank you as you say it's not just like getting into debt.
Tonight destroying relationship actually is so it if you do think -- problem debtors anonymous is a great place to start it's free.
Including on a similar to.
Alcoholics anonymous something like that I'm -- to the program they work with you with the money counselor helped -- get on a spending plan they don't call it a budget plan help you get out of debt and certainly your life again.
All right Kate Rogers of foxbusiness.com that's fascinating article thank you very much if not you can take a look at it more that -- -- -- foxbusiness.com.
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