One of the easiest concepts of budgeting and creating financial wealth is that you need to make more than you spend. That concept, however, is one of the most difficult to follow for many people. The reason is that they don’t know the real factors that encourage their spending and, because of this, they overspend and create debt.
Overspending is not a good habit, to be sure, and so knowing what the factors are that cause this negative habit can be the key to controlling them so that you indeed start spending less than you make and start building wealth.
One of the biggest reasons that people overspend is that they have easy access to credit and credit cards.… Read the rest