Overspending

"Annual income twenty pounds; annual expenditure twenty pounds nought and six, — result misery." — Wilkins Micawber

Overspending is spending more money than one can afford. It is a common problem when easy credit is available. The term overspending is also used for investment projects when payments exceed actual calculated cost.[1]

  1. ^ Olivia Mellan (1997), Overcoming Overspending: A Winning Plan for Spenders and Their Partners, Walker & Co, ISBN 0-8027-7495-4