"Irresponsible spending" refers to the act of spending money in a careless or thoughtless manner, often on things that are not necessary or beyond one's means. It means spending without considering the consequences or impact on one's financial stability.
Full definition
I've talked before about how I dislike much of the financial advice out there because it assumes that your debt is the result
of irresponsible spending.
But millennials are more likely to be exposed to the technologies that display this kind of spending behavior, he said, which puts them at higher risk
for irresponsible spending.
It also means that all of the structural imbalances we have observed are utterly meaningless, and that
irresponsible spending by both governments and consumers have no negative impact on the overall economy.
There's lots of talk
of irresponsible spending, with stereotypes of a lazy sun - washed culture compared to the famed German Protestant work ethic.
Explaining the Greek Financial Crisis to Students The financial crisis that has crippled the Greek economy serves as a cautionary tale
against irresponsible spending.
The biggest cause of personal bankruptcy in the U.S. is
n't irresponsible spending, business failures, credit card debt, job losses or excessively big mortgages.
That means, people whose bad credit is a result of catastrophic events related to unforeseen circumstances such as a job layoff or the housing bubble bust are looked at far more favorably than those whose bad credit is a result of
irresponsible spending over a long term and too much current debt.
Giving your teen a credit card can actually be a good thing as it can
discourage irresponsible spending and gives you a chance to help your teen curb bad credit habits before they leave your house.
Information from text messages is being used to
highlight irresponsible spending habits, problems with parenting, anger issues, and even providing direct evidence that contradicts sworn testimony made by either party during depositions or at court.
Our children are going to have to pay higher taxes for years as a result
of irresponsible spending by the last government - and in case you think I'm biased - I was a card carrying Labour party member until I found out how much we are in debt due to overspending on such things as CTF.
The trust is a great way to protect loved ones with special needs, and can incorporate spendthrift clauses to protect
against irresponsible spending and the squandering of funds by certain loved ones.
If one partner has
irresponsible spending habits that are unlikely to change or improve, a financially mismatched couple needs to see a credit counselor before they end up seeing a lawyer!
Part of it can be attributed to
irresponsible spending or ignorance of the consequences, but much of it is fueled by actual need.
These are expensive exercises, which do not seem to serve any useful purpose The Committee failed to abide by the last part of its first recommendation — «
irresponsible spending».
The first recommendation states «That the federal government, acknowledging the current fiscal situation, restrict new spending commitments in the upcoming budget and continue to reject new costly and
irresponsible spending».
I want to see the positive role of the state championed without
the irresponsible spending and incompetent implementation that came with the Blair era.
Gordon Brown's
irresponsible spending and economic stewardship has wrecked the economy and highlights how psychologically flawed he is, exposing his lack of ability to change tack when the situation demands it.
The Republican legislators also voted in that committee to block
the irresponsible spending of $ 500,000 to create a «law department» for the Board of Legislators and believe this «law department» will cause a conflict with the County Attorney's office, may violate the County Charter and lead to unnecessary litigation.
In 2005, just as Kessler was beginning to delve into the dean's office finances, an anonymous letter surfaced, accusing him of lavish and
irresponsible spending.
When trying to understand why some people have trouble living within their means, we tend to blame factors such as high interest rates and
irresponsible spending.
Trust me,
irresponsible spending is a bad habit to get into.
That desperation and lack of options gives those districts a longer leash for non-classroom bloat spending, which creates a cycle of
irresponsible spending both individually and socially.
Sorry to be the bearer of unpleasant news, but the SOS (Save Our Schools) March on Washington — an attempt to con the public by diverting the debate away from real education reform issues like failing schools,
irresponsible spending, retaining bad teachers, etc. — will be setting up their Big Top in Washington D.C. from July 28th to July 31st.
While many students look forward to the freedom that having a credit card affords them, there are some who may not realize the magnitude of
irresponsible spending.
Of course, a bad credit score is not necessarily from a history of
irresponsible spending, but could also be down simply to some bad luck.
Beyond keeping up with daily expenses,
irresponsible spending has taken a toll.
While I was busy building up my debts in school through school loans, credit card debt and
irresponsible spending — I always had an uneasy feeling in the back of my brain that told me I was doing things I was going to regret later.
The first reason is
irresponsible spending and loan repayment in the past.
Irresponsible spending and poor account management both together and alone can very easily cause someone to trigger the penalty APR on their card.
Angie was controlled (sexually) by Reggie's refusal to confront his sexual immaturity, the same way Reggie was controlled (financially) by Angie's
irresponsible spending.
As an adult, it becomes important to have credit built up under your name, but
irresponsible spending or missing payments can have a huge impact on financial freedom.