Confessions of a Shopaholic Joshua Cornett

Directed by

P. J Hogan

Release date

February 13, 2009


PG (Parental Guidance)

Mild language and Thematic elements

Main Character



Gardening Magazine

Compulsive Liar

Addicted Consumer

Income Source = GONE

Termination Notice


The Debt Collector

Luke Brandon

Man Crush Monday

Shopaholics Anonymous

Auction = $16,586.72

"Most inconvenient way possible"



Financial Problems and Solutions

1. Stolen Credit Card

Rebecca receives a bill from Outdoor World for $900. She thinks her credit card is stolen. She forgot she bought a going away present for a friend.

If your credit card is lost, stolen, or used without your permission, you can be responsible for up to $50. If you report the loss before the card is used, you're not responsible for any unauthorized charges.


To minimize your liability, report a loss as soon as possible.

It’s a good idea to follow-up with a letter

a. Account number

b. Date you noticed your card missing

c. The date you reported the loss

D. Keep a copy of the letter for your files.


2. Debt Collection

Through out the movie, Derek Smeath is pursuing Rebecca to get her to pay him back for all the things she owes. She tries repeatably to avoid him at all costs but eventually the two meet.


You do not have to accept a call from your debt collector during certain times during the day.

You cannot be threatened, harassed, or spoken to with profane or obscene language.

You cannot be threatened with arrest or other unauthorized judgments.


Report illegal activity at

Confirm the details of your debt

Try to work out a settlement


3. Budgeting

Rebecca could have been better off if she had used a budgeting system, like Dave Ramsey's money envelope system, the Zero Dollar balance, or the 50-20-30 rule.


50% = Fixed Expenses

When it comes to fixed costs, it is best if you aim to keep your monthly total no more than 50% of your take-home pay.

20% = Contributions/ Important Payments

When it comes to contributions/important payments, it is best if you aim to keep your monthly total no more than 20% of your take-home pay.

30% = Flexible Spending

When it comes to flexible spending, it is best if you aim to keep your monthly total no more than 30% of your take-home pay.

Think about it!

The 50/20/30 guideline is just a guide. It can be a helpful benchmark when you’re assessing where your money is going, but it can also be adjusted to your specific lifestyle and goals.


4. Maxing Out Credit Cards

Credit/FICO Score

A FICO score is a type of credit score created by the Fair Isaac Corporation. The score is a representation of the creditworthiness of the US citizen.

When maxing out your credit cards, you are hurting yourself. The closer you reach your credit card limit, the more it hurts your credit/FICO score. One of the major components in the credit/FICO score formula is the percentage of your available credit you have used. The more you use, the more it hurts.

Credit Report

A credit report is a detailed report of an individual's credit history.

Every 12 months, you are entitled to order a free copy of your credit report from each of the major credit reporting agencies (Equifax, Experian, and TransUnion) through


Cut your excess cards

Window shop without your wallet

Stop building up debt and start paying it off


Attention: If you or a loved one have been diagnosed with a shopping disorder, you may to be entitled to financial compensation. Credit Cards are a cancer to society, and is linked to massive amounts of debt. Exposure to stores, shopping centers or malls may put you in risk. Please don't wait, watch this movie today and get the help you need now!

What Did I learn???

- Don't be like Rebecca

- Limit how much I spend

- Create a budget and stick to it

- Don't spend money just because

- Limit how many credit cards I have

- Don't run from debt, embrace it with wide open arms

What Did I Like?

I really liked the fact that Rebecca was able to turn her life around and get on track. She was in a lot of debt and was being harassed by the debt collector. I think that many people would have given up and never change their life being that much in debt.

Created By
Joshua Cornett

Made with Adobe Slate

Make your words and images move.

Get Slate

Report Abuse

If you feel that this video content violates the Adobe Terms of Use, you may report this content by filling out this quick form.

To report a Copyright Violation, please follow Section 17 in the Terms of Use.