Today: 23.09.2018
News
Opinion
Business
Living
Metro
Tech
Sport

Last News

20:54
Today
19:58
Today
19:07
Today
18:14
Today
17:19
Today
16:51
Today
14:34
Today
13:41
Today
13:09
Today
13:03
Today
12:25
Today
12:23
Today
11:32
Today
11:16
Today
10:20
Today
10:14
Today
09:40
Today
22:40
22.09.2018
22:36
22.09.2018
21:56
22.09.2018
21:52
22.09.2018
20:16
22.09.2018
20:13
22.09.2018
19:54
22.09.2018
17:12
22.09.2018
16:30
22.09.2018
15:42
22.09.2018
14:56
22.09.2018
14:21
22.09.2018
12:53
22.09.2018

We shop because we’re stressed and stressed because we shop.

Spend away the stress. That’s exactly what many Americans hope to do: As American’s stress levels hit a 10-year high, most of us are engaging in a little retail therapy to cope. More than half of Americans (52 percent) say they have impulsively shopped to deal with feelings of stress, anxiety or depression, according to...
Time: 13:22     Date: 23.11.2017
US Living News: We shop because we’re stressed and stressed because we shop. NY Post 24 - US News

That’s exactly what many Americans hope to do: As American’s stress levels hit a 10-year high, most of us are engaging in a little retail therapy to cope.

More than half of Americans (52 percent) say they have impulsively shopped to deal with feelings of stress, anxiety or depression, according to data released in November from personal finance site Credit Karma. Of those, 83 percent say they have regretted their stress-related impulse buys. Millennials are the most likely to stress spend (68 percent do it), compared to 53 percent of Gen Xers and 26 percent of Baby Boomers.

Several years ago, when public relations guru Martha Shaughnessy worked a corporate job she didn’t like, she turned to retail therapy to cope with the stress. “I used to joke with my former team that when packages from Gilt or elsewhere arrived at the office, it was because they were being bad,” she says. Shopping while stressed “felt like an accessible vice, a quick hit of serotonin, without too many repercussions in the moment,” she explains.

And indeed, for Shaughnessy, this behavior didn’t have too many negative financial ramifications — though the mom of four notes the money could have been saved for college. But it can do serious financial damage to the millions of Americans who are already in tough financial straits. This includes the roughly one in three Americans who say they are “barely getting by” financially as it is, the 60 percent who don’t even have enough saved to pay for a $500 unforseen expense, and the roughly four in 10 households who have credit card debt.

For them, a stress-related impulse buy — particularly if they’re one of the 43 percent who drop $200 or more on that purchase — could cause them to fall into more debt or be unable to pay for an emergency. And that can create more stress — money is the No. 1 cause of stress for Americans — which in turn can create more spending. Credit Karma calls this the “cycle of stress spending,” and Timolin Langin, author of “Mind Over Money: How to Live like a Millionaire on any Budget,” adds that “the negative effect on our finances usually outweighs the temporary enjoyment.”

There are ways to minimize the havoc it wreaks on your life. Here are three:

Identify stressors and find better solutions, says psychologist Judith Miller Burke, author of “The Adversity Advantage: Turn Your Childhood Trauma into Career and Life Success.” That means looking at what’s causing this repeated stress — be it a tough boss or a right with the spouse — and developing functional, budget-friendly solutions to your stress spending triggers.

For Mike Scanlin, the CEO of Born to Sell, exercise does the trick: “When I’m stressed, I like to go hiking, get some exercise to clear my head,” he tells Moneyish. (Hillary Clinton is a fan of this too.) Other solutions might include reading and talking to a friend, says psychologist Erika Martinez of Envision Wellness www.envisionwellness.co.

Practice the slow buy, says Langin. You can have the things you want — even if you want them in a moment of stress. But “don’t buy it when you see it,” says Langin. “Take your time and plan your budget.” A pause is often just what you need to evaluate whether you’re buying because you are stressed or because you really want something.

Keep the receipts. Even if you take the above steps, a stress buy may slip into your life still. If it does, Martinez advises that you keep the receipts of what you buy so you can return them to get your money back.

Living

US Living News: Routine laser treatment left me with blistering burns: suit. NY Post 24 - US News
Routine laser treatment left me with blistering burns: suit.
A Long Island mom went for a routine laser treatment to remove sunspots — and ended up with dozens of blistering burns...
US Living News: Maine officials: Getting lobsters stoned before killing them is now illegal. NY Post 24 - US News
Maine officials: Getting lobsters stoned before killing them is now illegal.
Maine government officials are not down with getting lobsters baked before boiling them alive, and have declared the practice...
US Living News: ‘Insecure’ shows how hard it is for a black girl to find love. NY Post 24 - US News
‘Insecure’ shows how hard it is for a black girl to find love.
When I moved to New York City in March of 2008, I thought my life would look a lot like Carrie Bradshaw’s from HBO’s...
US Living News: The best books of the week. NY Post 24 - US News
The best books of the week.
West Wingers: Stories from the Dream Chasers, Change Makers and Hope Creators Inside the Obama White House Ed. by Gautam...

Opinion

Last US News - Opinion: A big win for the little guys. NY Post 24 - US News
A big win for the little guys.
In a big win for the little people, Philadelphia last week agreed to rein in its civil-forfeiture program and pay $3 million...
Last US News - Opinion: Why de Blasio keeps dodging on turnstile-jumping arrests. NY Post 24 - US News
Why de Blasio keeps dodging on turnstile-jumping arrests.
City Councilman Rory Lancman filed suit last week to make the NYPD comply with a law he authored — and post online reports...
Last US News - Opinion: Why the American immigration system is broken — and how to fix it. NY Post 24 - US News
Why the American immigration system is broken — and how to fix it.
There is a widespread belief that immigrants and their offspring have poverty-defying superpowers that natives do not. That...
Last US News - Opinion: The city could pay billions for a test that didn’t really discriminate. NY Post 24 - US News
The city could pay billions for a test that didn’t really discriminate.
It’s just nuts that the city might have to cough up billions for supposedly racist teacher-certification exams it stopped...
Last US News - Opinion: Team Cuomo shows it doesn’t care about toxic water after all. NY Post 24 - US News
Team Cuomo shows it doesn’t care about toxic water after all.
Now that the state’s bungling of the Hoosick Falls water-contamination nightmare has faded from the headlines, Gov. Cuomo’s...

Living

US Living News: Routine laser treatment left me with blistering burns: suit. NY Post 24 - US News
Routine laser treatment left me with blistering burns: suit.
A Long Island mom went for a routine laser treatment to remove sunspots — and ended up with dozens of blistering burns...
US Living News: Maine officials: Getting lobsters stoned before killing them is now illegal. NY Post 24 - US News
Maine officials: Getting lobsters stoned before killing them is now illegal.
Maine government officials are not down with getting lobsters baked before boiling them alive, and have declared the practice...
US Living News: ‘Insecure’ shows how hard it is for a black girl to find love. NY Post 24 - US News
‘Insecure’ shows how hard it is for a black girl to find love.
When I moved to New York City in March of 2008, I thought my life would look a lot like Carrie Bradshaw’s from HBO’s...
US Living News: The best books of the week. NY Post 24 - US News
The best books of the week.
West Wingers: Stories from the Dream Chasers, Change Makers and Hope Creators Inside the Obama White House Ed. by Gautam...
US Living News: Why the inventor of the labradoodle regretted his creation. NY Post 24 - US News
Why the inventor of the labradoodle regretted his creation.
With its cutesy curls and plaintive eyes, it’s no wonder the labradoodle became America’s second-favorite dog in 2012....
US Living News: Here’s why relationships are making us fatter. NY Post 24 - US News
Here’s why relationships are making us fatter.
If you’ve gained weight in a committed relationship, you’re not alone. Almost 80 percent of Americans put on...
US Living News: ‘Curb’ star Cheryl Hines would like you to buy her a dirty martini, please. NY Post 24 - US News
‘Curb’ star Cheryl Hines would like you to buy her a dirty martini, please.
Cheryl Hines, 53, star of HBO’s “Curb Your Enthusiasm,” was raised in Tallahassee, Fla., and lives in Los Angeles....
US Living News: People are using a new app to report sex assault anonymously. NY Post 24 - US News
People are using a new app to report sex assault anonymously.
In the wake of #MeToo, more than 1,000 people have downloaded an app aimed at rooting out repeat sex offenders by allowing...

Business

Last US Business News: State unemployment regulations leave New Yorkers struggling. NY Post 24 - US News
State unemployment regulations leave New Yorkers struggling.
Dear John: Until recently, I was unemployed and as a white college-educated female in my 50s, I would gladly have worked...
Last US Business News: Con Ed won’t take on certain expenses because as a monopoly — they can. NY Post 24 - US News
Con Ed won’t take on certain expenses because as a monopoly — they can.
Dear John: I own a co-op apartment in which the gas meter is in the kitchen. It was determined that the gas meter was defective...
Last US Business News: US student debt might lead to the next financial crisis. NY Post 24 - US News
US student debt might lead to the next financial crisis.
In may not be trigonometry, but if you do the math, there is a great divide in how an estimated $2 trillion will be paid...
Last US Business News: Wall Street is high on Thiel-backed cannabis company. NY Post 24 - US News
Wall Street is high on Thiel-backed cannabis company.
America saw reefer madness take over the stock market last week. For a few months now, the budding industry has captured...
Last US Business News: Next crash will be ‘worse than the Great Depression’: experts. NY Post 24 - US News
Next crash will be ‘worse than the Great Depression’: experts.
Ten years ago, it was too-easy credit that brought financial markets to their knees. Today, it could be a global debt of...
Last US Business News: John Paulson teams up with investors to start Gold Council. NY Post 24 - US News
John Paulson teams up with investors to start Gold Council.
John Paulson is taking on the gold industry. The billionaire hedgie — known for his well-timed bets against subprime mortgages...
Last US Business News: Hefty Arconic price tag could scare off potential bidders. NY Post 24 - US News
Hefty Arconic price tag could scare off potential bidders.
The leveraged buyout of Arconic has run into a bit of turbulence, The Post has learned. Potential bidders for the aluminum...
Last US Business News: Retailers warn of price hikes due to Trump tariffs. NY Post 24 - US News
Retailers warn of price hikes due to Trump tariffs.
President Trump’s base better get ready for some sticker shock come Monday. That’s when Trump’s fresh round of tariffs...

Metro

Metro News: Routine laser treatment left me with blistering burns: suit. NY Post 24 - US News
Routine laser treatment left me with blistering burns: suit.
A Long Island mom went for a routine laser treatment to remove sunspots — and ended up with dozens of blistering burns...
Metro News: Peace officers accused of stealing from homeless shelter. NY Post 24 - US News
Peace officers accused of stealing from homeless shelter.
Shelter residents are among the city’s most needy, but that didn’t stop three peace officers from swiping basic hygiene...
Metro News: Couple shocked to find they just bought infamous MS-13 house. NY Post 24 - US News
Couple shocked to find they just bought infamous MS-13 house.
Welcome to the “killing fields.” A young couple with three kids say they bought their dream home on Long Island Friday...
Metro News: Man fatally stabbed after fighting with childhood friend. NY Post 24 - US News
Man fatally stabbed after fighting with childhood friend.
A Brooklyn man was fatally stabbed following an argument with a neighborhood friend early Sunday, police and neighbors told...
Metro News: Molinaro unveils website seeking dirt on Cuomo. NY Post 24 - US News
Molinaro unveils website seeking dirt on Cuomo.
Republican gubernatorial candidate Marc Molinaro on Sunday unveiled a Wikileaks-style website for whistleblowers to reveal...
Metro News: Cop accused of choking ex arrested again for messaging her. NY Post 24 - US News
Cop accused of choking ex arrested again for messaging her.
An NYPD cop was busted in Queens for messaging a woman he was ordered to stay away from — just hours after he was released...
Metro News: Homeless man stabs stranger on Upper West Side: cops. NY Post 24 - US News
Homeless man stabs stranger on Upper West Side: cops.
A crazed homeless man stabbed a stranger several times on the Upper West Side, police said Sunday. The 30-year-old was near...
Metro News: Four shot through fence at Long Island backyard party. NY Post 24 - US News
Four shot through fence at Long Island backyard party.
Four people were shot when bullets ripped through a fence into the yard of an outdoor party in Long Island, police said Sunday....

Sport

Last US Sport News: Saquon Barkley did what he had to do with season on the line. NY Post 24 - US News
Saquon Barkley did what he had to do with season on the line.
HOUSTON — Saquon Barkley used his legs to rush for 82 yards on 17 carries Sunday at NRG Stadium. But it was his hands that...
Last US Sport News: Even Tiger Woods haters should be in awe of this stunning rise. NY Post 24 - US News
Even Tiger Woods haters should be in awe of this stunning rise.
This all began in earnest back in December at an uber-exclusive golf club in the Bahamas with no more than a few hundred...
Last US Sport News: How Yankees could shuffle after Didi Gregorius crusher. NY Post 24 - US News
How Yankees could shuffle after Didi Gregorius crusher.
That was one costly clincher. It may wind up ending the Yankee shortstop’s season. Didi Gregorius suffered a small cartilage...
Last US Sport News: The tricky first impressions of Giants’ Ereck Flowers replacement. NY Post 24 - US News
The tricky first impressions of Giants’ Ereck Flowers replacement.
HOUSTON — So, what did Chad Wheeler learn after his first start of the season, a start that produced the first victory...
Last US Sport News: Yankees’ last week just got much more daunting and interesting. NY Post 24 - US News
Yankees’ last week just got much more daunting and interesting.
Buckle up. Ready for a nerve-wracking final week of the Yankees’ regular season? Well, it could be more stomach-churning....