Why some high earners stay broke: it's not about income, it's about discipline - Silicon Canals
High earners often overspend due to lifestyle creep and hedonic adaptation, causing six-figure salaries to vanish and resulting in debt and financial instability.
The TikTok-Viral "No Buy List" Will Reframe How You Spend
Small, habitual purchases driven by lifestyle creep and impulse buying can erode finances; adopting no-buy lists and spending awareness can curb overspending.
Gen Z spends hundreds a month on 'treat culture,' justifying it with the challenges of daily life-but that's a 'slippery slope,' Bank of America says | Fortune
Gen Z spends hundreds a month on 'treat culture,' justifying it with the challenges of daily life-but that's a 'slippery slope,' Bank of America says | Fortune
Emotional-driven purchases can provide short-term mood benefits but may cause overspending, financial risk, and regret when used as a long-term coping strategy.
Oakland Unified School District once again facing budget issues
Oakland Unified faces a severe financial crisis, overspending reserves and running a rapidly growing monthly deficit that threatens insolvency and potential layoffs or closures.
Why You Might Be Overspending & How To Get The Habit In Check
Overspending results from seamless payment technology and emotional habits, but introducing friction and deliberate routines can curb impulsive purchases and improve financial control.
My wife sold her engagement ring to pay our tax bill. It led to my PhD and my career tackling the student-debt crisis
Poor financial habits—overspending, excessive borrowing, and no emergency savings—can culminate in debt crises that force personal and financial reevaluation.