Recognizing and Addressing Spending Addictions

In this episode, the hosts discuss the serious nature of spending addictions, beyond the common perception of being a shopaholic. The guest, Buzz Bissinger, shares his personal story of struggling with a spending addiction, which caused significant financial harm and strained relationships. He emphasizes the importance of recognizing and not minimizing the addiction, seeking therapy from professionals experienced in handling behavioral addictions, and committing to regular therapy sessions. Bissinger also highlights the need to identify the underlying reasons behind the addiction and to confront and manage them. Practical tools mentioned include avoiding triggers like online shopping, reflecting on the damage caused by the addiction, and seeking the right support to navigate the healing process.