Personal Finance Red Flags Related To Spending Habits
1. No monthly budget or awareness of expenses.
2. Impulse/emotional spending (“retail therapy”).
3. Lifestyle inflation with every raise.
4. Spending > income month after month.
5. Relying on buy-now-pay-later for non-essentials.
6. Frequent big-ticket purchases without savings.
7. Ignoring small leaks (subscriptions, delivery apps).
8. Over-gifting/overspending to impress others.
9. Hidden spending (secret purchases).
10. Frequent late fees due to missed payments.
11. Ignoring discounts/cashbacks.
12. Shopping to “celebrate” payday.
13. No awareness of fixed monthly costs.
14. Emotional attachment to luxury/status items.
15. Spending bonuses/windfalls immediately.
16. Buying things because friends/family upgraded.
17. Relying on “minimum due” mindset instead of clearing dues.