By Jeffrey Strain

Have you ever thought about why you spend money? If you are like most people, you never have. The problem is that not understanding the motivation behind why you spend will make it much more difficult for you to limit your spending (if that is what you want or choose to do). While the following is not a comprehensive list of why people spend, it does hit on many of the common reasons that people do. If you recognize your motivation among the following common bad spending habits, you can take the first step to bringing any overspending you're doing under control:

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