Overspending while depressed, as well as shopping syndrome, is a very common habit for many people. It actually happens in many ways. Generally speaking, a sad or depressed person tries to look for quick fixes to brighten their mood rather than using the hard route to find the root of the problem.
Remember some years back when we only used our cell phones to make the important calls? I mean, back before the smartphones hit our markets? We would spend pretty little costs on the cell phone bill.
You hear it all the time: be prepared for severe weather and natural disaster. It is much more critical if you live somewhere prone to extreme weather. It could be fire, flood, tornado or a torrential downpour. Severe weather can wreak havoc on a household financially. Some costs, like property damage, are obvious. But if the unthinkable happens, and you become the victim of a natural disaster, you might be surprised by the expenses you could face.
Continue reading How To Prepare Your Budget For Severe Weather