Woman with Shopping Bags

This is a guest post by one of my awesome blogger pals, LaTisha Styles of Young Finances . LaTisha Styles is a motivational speaker, millennial money expert, and spokesperson specializing in simple finance for millennials.Young Finances teaches simple personal finance for millennials.

Do I need this?

No, put it back, you don’t need it.

But it’s so cute!

Stop doing this to yourself, you know you can’t afford it.

But I will be able to afford it in a week.

Yeah, but in a week you’ll be back for something else. Just put it back.

Hmm… Ok.

Inside I agreed with my rational self, but on the outside I still had the sweater in my hand and I was on my way to the register.

For 6 years I had a shopping addiction. It all started when I was 18. I had no idea that signing up for a credit card would lead me into a debt ditch. Instead I quickly registered, received my free t-shirt, and proceeded to spend money each weekend on stuff I did not need.

I enjoyed the thrill of the swipe. I didn’t have to hand over any cash and I could think about how to pay for the items later. I tried to justify each of my purchases.
As long as I could see myself using the item then it was ok to buy. But in the back of my mind I knew that I was hurting my future self.

Fast forward 6 years and I managed to rack up $22,000 dollars worth of credit card debt. I knew that it was time to start paying that down.

During those 6 years I had tried eliminating my credit card debt many times. But each time I made a little space on my credit card, I would start swiping again.

Here’s how I finally broke my shopping addiction and began to eliminate my credit card debt.

I established true needs and wants.

In the past, a need was justified pretty easily. I simply found a way to fit the item into my regular life. Fall is coming? I guess I need a new sweater. Want a homemade mojito? Hmm.. sounds like it’s time to buy a new blender.

I always found an excuse to shop because I always gave myself an excuse. It was much harder to justify my purchases when I finally started being honest with myself.

That conversation would sound entirely different now.

Do I need this?

No, put it back, you don’t need it.

You’re right. So that means I just want it.

Do you have the cash to buy it?

Well, not today.

Ok then put it back.


It seems simple but it took me months of practice before I started to listen to my more rational self. And in the meantime I paid off every dollar of my credit card debt.

I made a video on exactly how I did it. It will be published on my youtube channel found here and If you subscribe, you’ll be the first to see it.

What about you? Do you have a spending addiction? Have you overcome one? if so, how did you do it?

Latisha Styles




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Created by nationally recognized millennial money expert Tonya Rapley, My Fab Finance is a leading financial education and lifestyle blog for millennials who want to become financially free and do more of what they love.