Are you buying more than you need or can afford...?
Many people find it difficult to curb their spending and buy more than they need and can afford on a regular basis. In today's programme, Kate and Rebecca try to understand why we spend money, our emotional response to it and the first step in how to control it.
This week's question: According to some sources, what percentage of the population are shopaholics? Is it:
a) 1%
b) 10%
c) 50%
Listen out for the answer at the end of the programme!
Listen to the programme
Shopaholics
Vocabulary
- tightening our belts
spending less money than before
- retail therapy
when we go shopping and buy ourselves things in order to feel happier
- debt culture
when people live off credit and spend money they do not actually have by using credit cards and borrowing from the bank
- shopaholics
people who are compulsive shoppers and can't stop themselves buying things
- self-esteem
belief and confidence in how we feel about ourselves
- mood
the way you feel at a particular time
- leakage
something which disappears slowly
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