How Spending Affects Your Spending Habits Essay examples

1395 Words Jul 2nd, 2015 null Page
In today’s world where paychecks are deposited electronically and our wallets are filled with debit and credit cards, overspending seems to have become the norm. Without watching a pile of cash dwindle away, it can be difficult to recognize just how much is being spent, where and on what. I wish I could say that prior to this assignment I had been keeping a log of all of my purchases and checking the balances in my accounts every day, but I hadn’t been. I knew that I was spending excessively, but it wasn’t until I began collecting my baseline data so that I could adjust my spending behaviors that I saw just how excessive my spending habits had become. There was a colossal gap between what I assumed I was spending (around $250) and what I was actually spending (over $400). It was glaringly obvious that there was a problem: I was spending $430 a week and needed to spend no more than $350. So my goal for this project was to reduce my weekly spending; in order to accomplish this I have designed and implemented a positive reinforcement behavior modification program.
Perhaps spending over $400 a week would not seem as exorbitant if a portion of that was going towards rent or utility bills, but unfortunately, this was not the case. In just the one week during which I collected my baseline data, my spending total of $430 included nothing that one may consider living expenses other than food and gas. I spent approximately $90 on coffee from Starbucks, Dunkin Donuts and…

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