Is your closet overflowing with never-worn clothing? Is your attic bulging with boxes of shoes that have never touched the pavement?
Overspending is a societal addiction in the U.S. In 2006, statistics identified 5.8% of the US population as compulsive buyers.
Studies estimate that as many as 17 million Americans can't control the urge to shop, even at the expense of a job, family, marriage, and finances.
Big spenders tend to marry big savers, researchers find.
It might be why you married them, according to a working paper titled "Fatal (Fiscal) Attraction" by professors of the Wharton School of Finance and Northwestern University.
They found that people who generally spend less than they would ideally like to spend, and those who spend more than they would like to tend to marry each other.
Those who find it painful to spend may dislike that characteristic in themselves, and so are attracted to people who are more liberal in their approach to money.
That's even though most single people say they would be happiest marrying someone with similar spending habits to their own.
So what do you think, any truth to this study?
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