The Consequences Of Overspending — RamonaCreel.com
June 14, 2012
This is a great piece on overspending….a subject, which you know, is pretty close to my heart!
Whilst this is written from an American perspective, I think that, apart from the numbers the story is pretty much the same, no matter where you are in the world!
I had lunch with a friend, and fellow former overspender, today and we discussed the “now” generation. In our parents’ day ( and I’m a generation above her) they saved for what they needed or wanted, and the range they had to choose from, was much more limited than it is today. I think their expectations were much lower than ours are too. I hasten to add that I think the “Y” generation have much higher expectations and the need for even greater immediacy, than ever before.
What are your thoughts on this?I’d particularly love to hear from you if you disagree! Let’s get the discussion happening!
Or have you had any consequences of overspending, which Ramona hasn’t thought of?