Careless spending refers to the act of spending money without giving proper thought or consideration to the expenses. It often results from impulse buying or lack of budgeting and financial planning.
Careless spending can lead to overspending, which in turn can lead to financial problems such as high levels of debt and difficulty saving for future goals. Some examples of careless spending include buying things you don't need, buying things you can't afford, and using credit cards to make unnecessary purchases
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