How to deal with overspending???

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can u be nice and answer this ? with sincerity i need answers!!!!!

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  • 1 decade ago
    Favorite Answer

    there are several ways for you to deal with over spending

    1\make yourself a buget, this much money goes for rent, this much for food, this much for my own personal use

    2\buy things you only need, not things you want

    3\go window shopping instead of looking for new things to buy

    5\Stay within your spending limits.

    6\Give yourself plenty of time to shop.

    7\Don't buy on impulse.

    8\Don't give in to "buy now pay later"offers.

    9\Compare prices before you make a purchase.

    10\Shop using catalogues, if you have time.

    11\If it's not in your plan, do not buy it (or revise your plan).

    12\Pay with cash whenever possible.

    13When shopping, do not take more cash with you than you have planned to spend.

    14\When possible postpone buying gifts until January sales.

    15\Avoid borrowing to finance Christmas.

    16\If you cannot avoid borrowing use the lender with the lowest interest rate.

    17\Don't run up an overdraft without talking to your bank and arranging it beforehand.

    18\Keep a record of all your credit or store card purchases.

    19\If you have to use credit pay the maximum amount possible when the bills come in.

  • 1 decade ago

    You can try to control it like people who are overaeting.

    Your spending diet should however be reasonable so that you don't get the "yoyo effect".

    So - first of all make a budget. Calculate and put aside money for the "must have" and then "nice to have" and a category for "unexpected/emergencies"

    Make sure you do not put all your money into the budget, leave something. If there is leftover move it into some kind of savings which you can not easily access. Like fill up your 401K, fill up an IRA or heck...buy a CD with a long run time. Just don't touch that money.

    Then get rid of your credit cards and checking cards. Every form of "easy money". Only pay with cash/checks.

    Credit cards make thoughtless shopping way too easy.

    And then you can as well check what and where you buy. Can you shop cheaper? Like bulk quantities which you share with a friend of family? Buying at Costco saves plenty of money.

    And then look where else you can become more frugal. Buy smaller portions and sizes the daily stuff. Instead of new check out whether you can get stuff used. Save electricity by changing your light bulbs against energy savers (again Costco recently had an offer where they sold those bulbs cheaper than regular bulbs). Our power bill decreased 50% by using those bulbs.

    When you leave your home or go to a different room switch the lights off in the unused room.

    Have only one phone, either cell or landline.

    Use a smaller car or try public transportation instead.

    When you are going shopping - walk! That will keep you from buying too much if you have to carry it :-)

    When going shopping for food only go when you just had a meal. Never shop hungry or thirsty.

    Evaluate how often you go out to restaurants, cut this in half.

    And so on...you can actually reserach every aspect of your life about how to save money. When you succeeded write a book, sell a lot of copies and get richt. Enjoy!

  • 1 decade ago

    How do I deal with overspending? Let's see I make myself aware of my credit limit and never spend over 30% of it. I keep all my receipts on everything I spend. And I also make a note to why I made that purchase in my notebook. I usually don't buy something for the first time just because it is new. If I purchased it, it was likely a necessity.

    I often withdraw cash from my checking account to spend and leave my credit cards at home. That way I see what I am spending, and am more resistant to compulsive buying. I guess you can say I like to live my life extremely conservative so I don't wind up getting myself in too deep. It's all about self-disipline.

  • Anonymous
    1 decade ago

    Your overspending or someone else's??? Over anything is like a twelve step program including admitting that you have a problem. It's been said that denial is the first step to overcome. The reality is to make more than you spend so with that in mind, throw a few bucks into savings off the top (after maxing a 401K plan) for a rainy day. Spend what you can afford and try to find ways to either increase income or decrease expenses.

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  • 1 decade ago

    Make yourself a budget that you can stick. Unless you're really desperate, don't deprive yourself of little luxuries, but just keep them within reason. Before you make a purchase, ask yourself, do I really need this? Is this something I really want or do I just want it for the heck of it? Also, when you go out, limit yourself on how much money you're allowed to spend. If this means keeping the debit cards and credit cards at home, then do it! If you're working on a cash-only basis, then you certainly can't spend what you don't have in the first place.

  • 1 decade ago

    It depends. How much are you spending in a day, week, or month? Look at your bills. Comsider how much you get paid for working

    The condition that exists when expenditures and encumbrances (legal and binding obligations) exceed awarded funding for an existing/ongoing agreement. For purposes of these procedures, salary and benefit encumbrances (and related overhead) are not considered legal and binding obligations. Thus, overspending will be determined as follows:

    Total funds received, by contract, program, and division as appropriate

    Less expenditures

    Less non-salary & benefit (S&B) encumbrances

  • 1 decade ago

    Never feel guilty about buying stuff that you NEED. Buy stuff that you WANT _occasionally_ and only after you've looked at your bank statement. Use online banking websites to keep a close watch on your balance. Set aside SOME money everytime you get a paycheck even if it's a small amount.

  • Anonymous
    1 decade ago

    If you find yourself about to buy something, step back and ask yourself if you'd rather spend your money on that or an ice cream cone (or something else you like). Compare prices rather than jumping at the first thing you see; that will at least give you time to think about whether you really want it.

  • 1 decade ago

    My husband said that if I didn't quit spending so much money, he'd divorce me. He doesn't spend much at all. He's pretty frugile. If it's really a problem for you, there is a group like AA called Shopper's Anonymous. The divorce thing pretty much did it for me.

  • 1 decade ago

    uhh dont go looking through magazines and stuff

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