girl with shopping bags who spent too much

Photo Credit: H Gall/istock

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Overspending is a big problem that can put you deep into debt. It also does not help that in our consumer economy, there are countless things to buy everywhere around us. Overspending can be a serious addiction, just like drugs and alcohol.

Whether you are always getting new credit cards in the mail or spending money before it arrives, the daily battle of spending is a tough one. Every overspending case is different, whether it be purchasing smaller items such as clothes or some electronics or larger items like cars, houses, etc. It may not even be you who has the overspending issue, but rather your spouse or a loved one.

It is important to take the time to look at not only what it is you are spending so much money on, but also the reasons why you are spending so much.

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