This study analyzed a case of compulsive buying based on the grounded theory method. The client was a 24 year-old female Korean student who showed compulsive buying and excessive credit card use. The family therapy was performed between March 2001 and May 2004 in Korea. This study used the software ''Atlas.ti,'' producing 121 open codings and seven axis categories which included the following: (1) communication issues with friends or family members, (2) sibling relationships, (3) mother's parenting, (4) interparental relationships, (5) mother's communication style, (6) stress, and (7) compulsive buying and credit card use. This study presented the graphical network among these categories in order to show the effectiveness of family therapy.