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Shopaholic? Here's How To Ensure You Don't Fall Into Debt Trap

  • To avoid falling into a debt trap as a shopaholic, it is recommended to create and stick to a budget, avoid impulse purchases, limit credit card usage, build an emergency fund, and seek support when needed.
  • Creating and sticking to a budget is the first step to staying on top of your money.
  • Avoid impulse purchases by making a shopping list before going out or shopping online and sticking to it.
  • Limit credit card usage and aim to pay off the balance in full each month to avoid interest charges.

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