Take this test to understand how to overcome your overspending/undersaving habits:  Feed the Pig-Beat Your Brain.

Here are  a few interesting points:

• Did you know that shopping carts are positioned at the entrance way to encourage you to begin spending immediately and the carts get bigger all the time to encourage you to buy even more!  Shopping bags are getting larger as well.
• If you plan how to start saving before a significant milestone occurs , i.e. a raise or bonus, you are more likely to stick to your plan.  You won’t feel like you’re giving something up or depriving yourself.
• Shopping with a friend can cause you to spend more.
• Discussing money with your partner is healthy for your financial situation and relationship.
• Dieting, depression & stress can be triggers to overspend.
• A parent’s savings habits will influence how their children view saving when they become adults.

Some of you may think this post is just about your personal spending.  However I would argue the spending habits you exhibit personally will impact your spending habits as a business owner.  What do you think?