Extraneous spending is often the result of a person’s emotional state of mind. Therefore, having an awareness of what emotional triggers cause an individual to spend can be an important initial factor in working toward better money management. These triggers can range from seemingly good experiences to less than positive moments. As such, they include everything from getting a small windfall to feeling sad or even hungry. As part of their 30 Days of Money campaign, Forbes Magazine put together a list of nine common triggers that can lead to overspending to help people become better aware of how they relate to their finances.Reading this article has the potential to help everyone better understand why they spend the way that they do.
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Anger, Hunger, The Thrill Of The Hunt: What’s Your Spending Trigger?