Are you spending too much money?

Spending too much money?

Are you overspending?

There are times that we all spend more money than we intend to spend.  We splurge on a new outfit or something that is an impulse purchase.  However, roughly 5% of Americans struggle with a spending addiction.  Occasionally overspending becomes more of a daily occurrence.  Overspending can quickly become a serious financial problem causing those who cannot control their spending to accumulate massive credit card debt and get behind on their bills.

To find out if your occasionally overspending is becoming a financial problem, read “Do You Spend Too Much?” for 10 signs that you need to cut back on your spending.

Image credit: Marc Samsom