Empty wallet being shown by person

Overspending: How to Stop Spending Money

Overspending. Many of us are guilty of doing this, though some do this more often than others. If you are one of these individuals, you might be curious about how to stop spending money. Here we will discuss why people might spend too much money, ways to stop or prevent overspending, and a few ways to get back on track.

I Spent Too Much Money

Even after the holidays have ended, it’s easy to go shopping, on vacation, or even spend more than you planned during the workday. Maybe you went shopping for a new pair of jeans, but you also bought a matching sweater and boots. Or you might have gone on vacation, and there was a souvenir you had to buy. You might even buy yourself a coffee every morning before work. If this is the case, you might find that you are easily spending an extra $25 each week – which amounts to $1,300 in a year. As you can see, it’s easy to look back and say, “I spent too much money.”

Stop Overspending

Some things, like shopping for clothes, what you spend while on vacation, or that morning coffee, can be easy to stop spending money on. But what about other items? In fact, what if you can identify why you spent too much – but are still trying to figure out how to stop overspending? 

How to Avoid Overspending 

If you are looking at ways to help you learn how to avoid overspending, the first place to start is with you. Make a goal for yourself to partake in less frivolous spending. Remember that if you are tempted to spend your money on something you want but don’t need, you are the only one who can stop yourself. What if social media gives you FOMO? You see something on Instagram and TikTok and experience that fear of missing out, and you think you must buy it. Stop. Ask yourself if it is a need or a want. If you only want it, then you can wait to buy it. But what happens if it is something you need that needs to be paid for?

Get Back On Track

Some expenses come up, and you have to pay for them. It could be fixing a leaky faucet, replacing tires on your car, or maybe your dog had an emergency visit to the vet. It’s hard to get back on track when facing a pile of bills. If you have consciously tried to stop overspending, you have already taken a significant first step, but this isn’t the only step you need to take. This is where MaxLend might be able to lend a hand. 

Get Started With MaxLend 

Understand that no matter how good your intentions are, there are times when you may feel like you take one step forward and two steps back. Just keep at it and work toward limiting your overspending.

Now that you know what some of your options are, what if you have an unavoidable unexpected expense? If you need help paying for unexpected expenses, why not apply for a personal loan with  MaxLend

At MaxLend, we offer cash loans that can be used for many different expenses. We provide alternative solutions to payday loans, and we can often help. It’s easy. Just apply for cash online.

To learn more about how our loans work or to answer some additional questions, visit our website or call MaxLend at 877-936-4336. If you apply for a loan and qualify, you might even get Same Day Funding.* In addition, after you take out your first loan with us, you will be enrolled in our MaxLend Preferred Rewards program.


*Same Day Funding is available on business days where pre-approval, eSignature of the loan agreement and completion of the confirmation call, if a call is required, have occurred by 11:45 a.m. Eastern Time and a customer elects ACH as payment method. Customers who complete this process by 1:30 p.m. Eastern on business days may still receive funds on the same day, but some banks may not disburse the funds until the next business day. Other restrictions may apply. Certain financial institutions do not support same day funded transactions. When Same Day Funding is not available, funding will occur the next business day.

The content on this site is for informational purposes only and is not professional financial advice. MaxLend does not assume responsibility for information given. All information should be weighed against your own abilities and circumstances and applied accordingly. It is up to readers to determine if this information is safe and suitable for their own situations.

MaxLend, is a sovereign enterprise, an economic development arm and instrumentality of, and wholly-owned and controlled by, the Mandan, Hidatsa, and Arikara Nation, a federally-recognized sovereign American Indian Tribe. (the “Tribe”). This means that MaxLend’s loan products are provided by a sovereign government and the proceeds of our business fund governmental services for Tribe citizens. This also means that MaxLend is not subject to suit or service of process. Rather, MaxLend is regulated by the Tribe. If you do business with MaxLend, your potential forums for dispute resolution will be limited to those available under Tribal law and your loan agreement. As more specifically set forth in MaxLend’s contracts, these forums include an informal but affordable and efficient Tribal dispute resolution, or individual arbitration before a neutral arbitrator. Otherwise, MaxLend is not subject to suit or service of process. Nothing in this website is intended to waive or otherwise prejudice MaxLend’s entitlement to these protections. Neither MaxLend nor the Tribe has waived its sovereign immunity in connection with any claims relative to use of this website. If you are not comfortable doing business with sovereign instrumentality that cannot be sued in court, you should discontinue use of this website.