really don't have control over your budget or you don't know how to deal with your debts well when it comes to spending.
People who have spending problems would fail to admit to the fact they have an issue when it comes to their spending.
Having spending problem means you really don't have control over your budget or you don't know how to deal with your debts well when it comes to spending.
You need to admit to the fact you have an overspending problem. This is the first step to find a way to address the issue and getting help, so you can take control of your finance.
1. You are not at ease if you don't shop
Buying without reason is like for some people is like getting high on crack. They don't feel normal if they don't shop or spend money.
If you keep having constant thoughts on shopping then you have a spending issue. It does not necessarily have to be on expensive things. You can just walk into a store or go on your computer and keep picking or ordering random items.
As long as you just have an urge to spend without thinking it through, then it is a huge issue that needs to be tackled.
2. You keep hiding your purchase
If you have an issue showing what you bought from a store or online to either your parents, family members or to your spouse, then it's likely you have a spending issue.
You feel uncomfortable showing them what you got. It might be because what you got is not necessary or too expensive, which might not make them happy with your decision.
It is a serious problem which must be looked at and addressed.
3. Can't keep tab of all what you have
There are some people who don't have the idea of everything they have in their possession. If you have a problem remembering all that you have, you might actually have a spending problem.
You should be able to know most of the things you have. How many pairs of shoes or bags.
4. You are constantly out of cash
Running out of cash everytime is a clear sign you have a spending issue.
If before the end of the month, your bank account is on red or you really don't know what you spent your cash on, it means there is a problem which you should take note of.
5. You spend regardless of your financial state
If you keep spending regardless of your financial state, then you have a big spending issue. You really don't care if you go broke, you just keep shopping till you drop and you have nothing to fall back on, it is a sign you have a really bad spending problem.
If you exhibit all these signs then you seek financial counselling and work towards tackling the issues. There are other various signs to check if you want to know if you have spending problems.
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