Overspending is an easy trap to fall into. We are constantly bombarded by temptations to spend, spend, spend, and amazingly enough--we do! When you think about it, though, how much education do we get about planning our finances? The answer is, next to none, so is it any wonder we quickly get over our heads in debt?
The key to avoiding financial disaster is to set up a budget. Know what your income is, what your necessary bills are, and what's left over. You'll want to set aside a proper amount for savings, and then you can think about the things you don't need, but want.
However, if you're already in debt, all is not lost. It's never too late to get back on track, pay your debts off, and live within your means. You need a good plan, though!