Debt out of control: The links between self-control, compulsive buying, and real debts

In a representative sample of the German population (n = 946), we explored the links between self-control, compulsive buying, and debts. Participants completed the self-control scale (Tangney, Boone, & Baumeister, 2004) and the German Addictive Buying Scale (Raab, Neuner, Reisch, & Scherhorn, 2005). Additionally, they gave information about their real debts. It was observed that self-control was negatively related to debts while compulsive buying was positively related to debts. Detailed analyses revealed that the link between self-control and debts was fully mediated by compulsive buying. Finally, there was a gender effect on compulsive buying: women were more prone to compulsive buying than men. Age also was significantly negatively related to compulsive buying and positively linked to self-control. Household income was not linked to self-control, compulsive buying, and debts. Implications for practice, policy, and research are discussed.