LIFESTYLE

Signs you are over-spending

By Apurva P

1

You are not saving any money

Neglecting savings can hinder your financial security in the long run. If you're not saving at least 20% of your monthly income, you may be overspending. 

2

You are constantly using credit cards

Regularly maxing out credit cards and switching between them for new purchases is another warning sign.

3

Ignoring budgets

Impulsive spending can hinder crucial financial goals. So set a sensible budget for leisure with a spending limit.

4

You shop in secret

Hiding purchases from loved ones after being questioned about spending habits indicates a problem. Then you probably know in your heart that you are overspending. 

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