Spending too much

@pogi253 (1587)
Philippines
August 8, 2011 8:20pm CST
Have you ever doubt why you spend a lot? You may be earning pretty with your job, or your parents are giving you weekly pocket money. This may be sufficient for you, but at times, you may be cut short because of spending a lot. There are many things around you that can really draw off of your money. These may comprise fast food restaurants or interesting souvenir you saw at the souvenir shop. This doesn't even make up most of your fears. Are you a fan of take pleasure in the night life or even just a plain day at the mall? Spending time at the shopping arcade or at a bar can really be expensive. Just because you by now have your priorities extremely considered, it doesn't mean you aren't open for some weaknesses in your spending extravaganza. Restraint yourself by not spending when you don't have to. This adjust in your approach can really make you more resistant to the unusual things you may be attract to spend on. Spending too much money is a crisis many people face. They require being able to know the priorities and implement them. This will help them organize their spending manner. Once you effectively do that task, secure your money and plan it.
1 person likes this
10 responses
• United States
9 Aug 11
I know that I do, but I live in California, so it is kind of hard not to.
1 person likes this
• United States
10 Aug 11
Well, I think you kind of misinterpret my words a little there. California is expensive, you can manage living in this state (the State of California), but if you can move elsewhere, I strongly recommend it. The United States of America is not in as much debt as everyone is being led to believe. The Tea Party is making it out to be worse than what it really is. And it isn't "America first!" Please, don't believe that BS for one second. We just know that we do have a big, strong, and large economy, and we go down, the rest of the world will probably come down with us. Also, the U.S.A. is has been in WORSE economic times than this, and we all came through it. I am just saying that states such as California and New York are more expensive than say states like Oregon or Montana.
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@cutepenguin (6457)
• Canada
10 Aug 11
Now that we've paid off our debt, we've become a lot more careful about our spending, but some things just cost a lot. We need to put gas in the car to go anywhere, so while we walk as much as possible, we still have this expense. We don't go out very often, and when we do we are very careful about what we treat ourselves to so that we are not spending a lot. I think our main problem is just that our income has dropped while our expenses have gotten higher.
1 person likes this
• Philippines
10 Aug 11
Yes, discipline is the key to financial management. ?If you don't have the discipline to take care of your money, you won't go any further in building your wealth or even sustaining your income. Yes, those little spendings are the culprit. They can really accumulate and you will be surprised on how much you already spent on them. Financial management is the best bet to financial freedom and discipline is the most critical value to hone to be successful with it.
• Philippines
10 Aug 11
I admit I had spend so much in the past. I used my credit cards for bills, for groceries and for my medicine and now I am a credit card defaulter. I have no salary to pay for all the debts I have. Right now I am wishing that I have a job and I am having regrets of too much spending from the past. But I am not that kind who have a job and eat in the fast food restaurant as always. I save a lot of my money and it is all given to my family. I am not the type who spend on clothes and other material things. I can only give myself a new pen after having my salary and that money will just slip on my hands and will all be going to my mother. I spend a lot for food but my family is the one who benefits with it. I spend with medicine because my parents needs it. I am having regrets from over spending but I did not spend it just because I spend it. It has a reason and the reason is my family. I do not put the blame on them anyway, if I had saved a lot from the past or if I invested my money before it must be grown a lot today than I ever imagine. Lesson learned I think so.
1 person likes this
@celticeagle (118231)
• Boise, Idaho
10 Aug 11
Securing ones money and planning ahead is very smart. Like not having credit cards and only taking a certain amount with you. People need to be taught from an early age how to spend money and keep it, not spend it. My daughter has bi-polar disorder and one of her weaknesses is spending.
@ravisivan (14055)
• India
9 Aug 11
pogi 253-- good piece of suggestion. I normally plan for spending only 60 to 70% of available money. It ends up with 80 to 90% spending. Prioritisation in spending is a must and we should allocate money for important needs only. Incidentally what are you and how effective are u in ur money planning?
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@thanks1961 (7049)
• India
9 Aug 11
We will come to know about the pain, whenever we are short of money. I have experienced it from last 2-4 years that we should not spend money for really unwanted things or MUST avoid extravagance. These days, we are well equipped with whatever required at most times. Music system, TVs, mobiles, house hold items, and the like. If we feel that we are really have everything at our hand, it is now to think of saving. I can see people would go out other friends and others just for fun and spending a lots of money for outside food and entertainments. But all these are really waste and a group of people are really making money on our indiscipline way of life. I don’t even spend a single poise for any of such things. When I was in need of money and I know how much I suffered and there were no one help me also. So though we should not love money, we should not waste and respect its value and if we have a reserve of money, we can use it for the most required purposes and wastage should be at any cost should be avoided and it is better to have a habit of saving money and which can be used for a better cause, which is really needed. Thank-s
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@jaiho2009 (39019)
• Philippines
9 Aug 11
Those who spend lavishly has the capacity to do so,so it's fine with them and they do not worry how much they're spending either. I am sure for a person who doesn't have enough extra money,spending too much is not possible thu the person wanted it too. We want to try and experience new things,but lack of money deprived us from doing it. Unless one is too stupid to borrow money for nothing or unimportant thing. have a good day jaiho®
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@asliah (11149)
• Philippines
30 Nov 11
hi, i hate to spend too much because i am frugal type of person who only buy things when i really need it and will help for my daily routine,i must save money for my future so that if i am unemployed i still have money to buy my wants.i avoid to spend especially if the things is irrelevant and not helpful for me.
@hushi22 (4941)
11 Aug 11
hmmm...i am not the type of person who spend a lot even when i was a kid. when i started to work i noticed i became even more stingy. i always make sure the value of the money i spend is so much.