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Impulse spending is something many of do for various reasons. Here are some reasons Emotions: Most times impulse spending are done when people are experiencing strong emotions, such as happiness, sadness, boredom, or anxiety. These emotions, especially the negative ones, can trigger a desire to feel better, and shopping can provide a temporary distraction or … Continue reading Impulse Spending – Why We Do It and Its Dangers.
It’s a common scenario. We walk into a store to get one simple thing, and end up leaving with two bags bulging full of whatever caught our fancy. And we do this many times over. Overspending is the number one reason people get into financial mess. In the case of compulsive overspending, the problem is … Continue reading Overspending Will Hurt You and Get You Into Financial Trouble
This is really easy but many don't do it. They rather watch funny cat videos and photos of other people's dinner.It takes responsibility and perseverance and just like exercising, you see the pay off later.Here are the 5 steps. 1. Know your real income - do not leave anything out including tax refunds and bonuses. … Continue reading Budgeting in 5 Simple Steps
