Excessive spending refers to the act of spending more money than is necessary or beyond one's means. This behavior can lead to financial difficulties, such as debt accumulation and reduced savings. It often occurs when individuals prioritize immediate gratification over long-term financial stability. Common causes of excessive spending include emotional triggers, peer pressure, and a lack of budgeting skills. People may indulge in luxury items or experiences, influenced by advertising or social media. Understanding the reasons behind excessive spending can help individuals make more informed financial decisions and promote healthier spending habits.