Woman shopping
A woman carries shopping bags on Oxford Street in London, December 13, 2011. Reuters/Finbarr O'Reilly

Many find themselves neck-deep in debt because they cannot control their shopping habits. You have to deal with the problem slowly, by pointing out specific problems on how you deal with money and see items on sale. Here are some shopping habits that you need to stop now before falling into financial problems.

1. Bringing your credit card

Credit cards should ideally be used only on planned purchases. Stop bringing your credit cards wherever you go because you cannot see the real value of cash when spending on credit. Having an available credit card all the time also encourages you to spend money you do not have. People fall into debt by overspending on their credit cards.

2. Shopping online

In a study from Pitney Bowes Inc. showed that the United States, United Kingdom and Germany are the top e-shopping destinations. If you shop from these areas, you have a bigger chance of overspending because there are so many items available and sales that compel you to buy. Many of these purchases are actually things you do not truly need.

3. Impulsive buying

People also tend to buy on impulse because they get attracted to a shop sign, advertisement or new product. Take a few days or weeks to decide whether you want or need the item. Stop buying on impulse or leave your wallet at home when window shopping.

4. Shopping on holidays

There will always be big sales and great things to buy on every holiday. Stores will offer big discounts and launch new products on special holidays like Black Friday, Christmas and Independence Day. A research published on ThinkWithGoogle showed how holiday offers last longer than before which can entice people to keep spending over a longer period of time.

5. Not setting a budget

Stop unlimited spending by preparing a budget. You should create a budget plan on a daily, weekly and monthly basis. Allocate a portion of your income to immediately go to savings. If you decide to do some retail therapy, prepare a set budget and limit your purchases only within that amount and never beyond.