Why Are So Many People Still Unable to Control Overspending?

[Suba]

To this day, I still encounter many people who can't control their spending, often resulting in their income being less than their expenses. Every month, after receiving their paycheck, they have to pay off debts and take on more, either in cash or in kind.

Of course, we'll encounter many reasons why someone overspends, preventing them from setting aside money for savings and investments. So, what do you think are the most common reasons for overspending?

 

[Fidelia]

So many people are still struggling to really build the discipline that would make them to be conscious of their spendings so they don't overspend

 

[Trush Jodie]

It is just a lack of discipline that would make people to be not be controlled in their spending. The moment they truly build that discipline, they would have control over their spendings.

 

[Springtime]

That depends on the personality of the person. If s(he) is always lack of self-discipline, materialistic, cannot stand a frugal lifestyle, s(he) tends to overspend always.

 

[Augusta]

Our society, the media, advertisers, they all want you to spend. They depend upon it.

 

[freelancermaria]

Some people tend to overspend because of a lack of discipline. They struggle to control their spending, especially when faced with a sale. Lol

 

[Tobi]

As humans, it's very difficult for many of us to control our impulses for the "feel good" sensations, one of which is spending money.

We may not want to. We may want to save. But eventually we lose some control and tell ourselves it's ok to splurge, because we deserve it.

 

[eLdavis]

A lot of people today are struggling with the issue of over spending cause they lack self discipline to control themselves.

 

[Augusta]

It is always the excitement of owning new things. It is always good to have things but some people overspend

 

[Stardom22]

Over spending is something that is very unavoidable for most people under the sun. Only the few people that are disciplined can manage that.