The danger of overspending

WHY are we sinking in a sea of debt? Is it because we spend too much at the pub, buy clothes we don’t need, or purchase a new car when we can make do with the old? More likely than not, working adults tend to blame the demands of their social lives for getting into debt. When you prepare to go out with your friends and family, it may be good to have a sort of “mental cap” how much you would like to spend for the day. This will help you to plan where you go and what you would like to do after that makan (meal).

The issue is that, there may be that fear of appearing tight or stingy in front of your friends and acquaintances. It is this perception that fuel overspending. When you dine out with a group and the bill is split, some may have to pay more and others less because of the price differential in what they ordered. Or they may have ordered two rounds of beer while you only had one. In order to appear generous, you may overlook the matter and split the bill evenly.