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  1. Inside the Psychology of Overspending and How to Stop

    • "The desire to 'keep up with the Joneses' can lead people to spend beyond their means," says Sherman Standberry, a certified public accountant and managing partner at My CPA Coach. It can be tempting to … See more

    Lifestyle Creep

    Lifestyle creep refers to a phenomenon that occurs when your expenses unintentionally creep up as your income increases. You may, for example, shop and go out to eat more often … See more

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    Emotional Impulse Spending

    Many joke about retail therapy but it's a very real thing. Sadness is strongly associated with a sense that you're not in control of the outcomes in your life, according t… See more

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    Not Accounting For Inflation

    While inflation has cooled after spiking in 2022, prices are still above pre-pandemic levels. The average cost of unleaded gas, for example, is $3.99 per gallon as of September … See more

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  1. Compulsive Spending: What You Need to Know

    Dec 9, 2016 · Compulsive spending, sometimes called compulsive buying disorder or oniomania, is spending far beyond what is necessary. Though it often causes financial harm, people of means may engage in...

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  2. What are the Dangers of Overspending? - KATIE SAVES

    The Dangers of Overspending Getting into Debt. The first and most obvious danger of overspending is getting into debt. If you’ve got more going out than you have coming in then it just isn’t sustainable and inevitably you will rely on …

  3. 4 Painful Consequences of Overspending and How to Stop

  4. The Top 7 Psychological Reasons Why People …

    This article explores emotional triggers that lead to overspending, like seeking comfort, fitting in, addiction, and parental modeling. It highlights consequences of overspending, but also offers practical advice and strategies that people can …

  5. Can't Stop Spending Money? These 5 Psychological …

    Mar 11, 2019 · But why do we let our spending get out of control, even when we know better? Sometimes our own minds get the best of us. Here are five psychological principles that could be behind your bad spending decisions.

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  7. Overspending – Psychology, Meaning, Reasons, And …

    Jul 11, 2024 · Overspending can be more dangerous than you think. Hence it is better to break the cycle as soon as possible. Why do People Overspend? There are many different causes for overspending, and here and the most common …

  8. Inside the Psychology of Overspending and How to …

    Here are five common reasons experts say Americans are overspending. 1. Social Pressure. "The desire to 'keep up with the Joneses' can lead people to spend beyond their means," Sherman...

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  9. 7 Causes Of Overspending (And How To Conquer …

    Jan 8, 2021 · What if overspending is just a symptom of a greater problem? Check out these 7 major causes of overspending, and how you can conquer them.

  10. 10 Reasons Why People Spend Too Much

    Jan 10, 2018 · Behavioral economics provides some insights as to why we go over budget and how to curb the impulse. 1. Opportunity cost neglect. In a world of scarcity, choosing one thing means giving up...

  11. Tackle Overspending | Financial Fitness - DePaul University

  12. Financial Peer Pressure: How to Stop Overspending Behavior

  13. Why overspending is one of the biggest financial mistakes you …

  14. Is Your Spending Out of Control? Three Ways to Fix It

  15. 6 signs you’re overspending, plus 4 tips to get back in control

  16. Why You’re Overspending & How You Can Stop | MoneyKey

  17. The 15 Best Ways To Stop Overspending, According to Experts

  18. I’m a Money Coach: Here’s How to Stop Overspending and Build …

  19. How to Stop Spending Money: 7 Strategies to Curb …

  20. Examine the Causes of Overspending - The Balance