It’s a common scenario. We walk into a store to get one simple thing—hamburger buns, a bottle of shampoo, a new charger for our phone—and end up leaving with two bags bulging full of, oh, whatever caught our eye. Sure, one little splurge won’t kill us (or our budget). But we Americans do it with frightening regularity: A 2009 Census report calculated that we were spending $1.33 for every dollar we earned. It’s no wonder 69% of U.S. households are in debt. But it does beg the question: Why do some many of us consistently overspend?
Posted on: Wed, 19 Jun 2013 21:10:32 +0000
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