Overspending is a problem for many of us.
But the cause of one person’s overspending might not be the same as another’s.
In gaining control of your spending, it helps to know the psychology behind it.
We’ve talked about thecommon triggersthat can tempt anyone to overspend.
But GOBankingRates explains there are some people who have an issue that goes beyond the occasional temptation.
But maybe you don’t have it that bad.
Maybe you just want to cut back a little.
Knowing the different types of mindsets that lead to overspending can still be useful.
The Retail Therapy Shopper: Most of us are familiar with this one.
You shop for comfort and to improve your mood.
These are just a few; check out the full article for more.
And there are probably many other reasons for overspending beyond this list.
But the point is, knowing the source of your habit can help you gain control of it.
5 Types of Spending Addicts: Which One Are You?| GOBankingRates
Photo byLudovic Bertron.
