Question

What is the meaning of overspending 

Comments

debt, and potentially long-term financial consequences. It's important to establish a budget, track expenses, and prioritize needs over wants to avoid overspending and achieve financial stability.

Answer 1

prodigal. Use the adjective prodigal to describe someone who spends too much money, or something very wasteful. ... Prodigal comes from the Latin word prodigere, "to drive away or waste," combining the prefix prod-, or "forth" and agere, "to drive."

Answer 2

The word itself means spending money beyond a person's means. How can we stop this? We need to think before buying impractical things. Sometimes it needs to control oneself to overcome this impulsive way of buying things. If not, then we will end up having many debts in life. It will be a cycle that cannot be handled.

Answer 3

You earn say 100. And you buy something worth 300. And that 200 extra that comes out of some credit card. That would be call the overspending. Here you have to chase those 200 and then over a period of time return in some way there. 

Answer 4

When we spent anything more than it's use or it's need whether it is money, time, love,etc. is known as overspending. In one word we can say that overflow of anything is overspending.

Comments

Spending beyond a person's means needs to be considered. I agree with you that it should know the inflow and outflow of cash in our savings before spending on something.

Answer 5

Usually money is associated with budgeting and planing and it is broken down into several parts like rents, foods, transportation, etc. When we spend above the budgetary limits it is regarded as over spending. It is not a good to over spend because it may affects other plans. 

Answer 6

Overspending is simply the act of wasting or using your resources which can be money carelessly without think of how to save, it usually leads shortage .

Answer 7

Overspending refers to the act of spending more money than one can afford or budget for, leading to financial strain, debt, and potentially long-term financial consequences. It's important to establish a budget, track expenses, and prioritize needs over wants to avoid overspending and achieve financial stability.

Answer 8

leading to financial strain, debt, and potentially long-term financial consequences. It's important to establish a budget, track expenses, and prioritize needs over wants to avoid overspending and achieve financial stability.

Answer 9

act of spending more money than you have or more than was planned or agreed: Failure to tackle government overspending and debt has undermined investor confidence. Last-minute shopping often leads to overspending.