9/19/2016
Why You Are Overspending, How to NOT Overspend
Too many people over spend and wonder why. They don't keep track of what they spend, where and then are surprised when the money runs out.
One big way people overspend that can be stopped is to STOP overdrawing the bank accounts I don't know about your bank but mine has overdraft "protections" that charges me $35 each time they use it. That can add up a lot. Some banks will forgive one a year. So if this is a rare on one time thing it can't hurt to ask if they could forgive it. It pays at least help to keep track of you much you have in your accounts.
Don't use credit. It is too easy to say you can pay for it later. then not only do you overspend you get deeper into debt. Not a pleasant feeling.
Only go to the store when you actually need something. Don't go to the store for fun or to occupy time. Evaluate your needs and wants. Needs are good, healthy, filling food, Shelter, Clothing and transportation. You don't need new clothes every week or even every month. People have that in their monthly budget but unless you are, or have a baby, you won't grow out of your clothes and need new ones.
Food is a need but you have to sometimes go for simple, inexpensive, filling foods.
One big way people overspend that can be stopped is to STOP overdrawing the bank accounts I don't know about your bank but mine has overdraft "protections" that charges me $35 each time they use it. That can add up a lot. Some banks will forgive one a year. So if this is a rare on one time thing it can't hurt to ask if they could forgive it. It pays at least help to keep track of you much you have in your accounts.
Don't use credit. It is too easy to say you can pay for it later. then not only do you overspend you get deeper into debt. Not a pleasant feeling.
Only go to the store when you actually need something. Don't go to the store for fun or to occupy time. Evaluate your needs and wants. Needs are good, healthy, filling food, Shelter, Clothing and transportation. You don't need new clothes every week or even every month. People have that in their monthly budget but unless you are, or have a baby, you won't grow out of your clothes and need new ones.
Food is a need but you have to sometimes go for simple, inexpensive, filling foods.
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