overspending

/ˌoʊvərˈspɛndɪŋ/
nounIntermediate
💰Finance
informal

The act of spending more money than one can afford or budget for, often leading to financial difficulties.

After months of overspending, she found herself deep in debt.

Overspending on luxury items can quickly drain your savings.

💡

Often used in personal finance discussions to describe poor spending habits.

Collocations

overspending onspending excessively on a particular item or category

Synonyms

Antonyms

Related Phrases

living beyond one's meansphrase
spending more money than one earns

💡Pro Tip

Avoid Overspending

Track your expenses and set a monthly budget to prevent overspending.

Gold Rule

Financial Responsibility

Overspending can lead to debt and financial instability.

📖Word Origin

Derived from the prefix 'over-' (excessive) and 'spending' (the act of using money).

📝Usage Notes

Commonly used in financial advice and personal budgeting contexts.

Word Breakdown

over-
excessive
prefix
+
spending
the act of using money
root
English Dictionary