overspenders
Those exceeding budgets
Overspenders are people who spend more money than they should or can afford.
The term implies habitual excess rather than a single splurge: Overspenders often rely on credit cards to maintain their lifestyle.
Financial advisors and self-help literature frequently address overspenders as a category requiring intervention.
Recklessly extravagant or dissolute
- squandererOne who wastes wealth
- wastrelReckless spender, idle person
- high-rollerLavish casino gambler
- shopaholicCompulsive retail addict
Acting without deliberation
- compulsiveUnable to stop oneself
- recklessCarelessly ignoring danger
- spontaneousArising without external cause
- unplannedNot arranged beforehand
indulgent · improvident · irresponsible · careless · heedless · incautious · impetuous · unrestrained
Legal status when insolvent
- creditorsThose owed payment
- defaultPreset standard option
- arrearsOverdue financial obligations
- insolvencyInability to pay debts
foreclosure · collections · interest · loans · overdue · liabilities · mortgage · delinquency
Marked by costly elegance
- opulentOstentatiously wealthy
- lavishAbundant beyond necessity
- extravagantExceeding sensible bounds
- sumptuousSplendidly rich and costly
ostentatious · showy · grandiose · flashy · high-maintenance · big-ticket · designer · premium
Preoccupation with acquiring goods
- materialismPrioritizing goods over spirit
- commercialismProfit-driven value system
- fast-fashionCheap, trend-driven apparel industry
- disposableMade for one use
advertising · marketing · trendy · e-commerce · mass-market · overconsumption
profligate
Recklessly extravagant or dissolute
- squandererOne who wastes wealth
- wastrelReckless spender, idle person
- high-rollerLavish casino gambler
impulsive
Acting without deliberation
- compulsiveUnable to stop oneself
- recklessCarelessly ignoring danger
- spontaneousArising without external cause
unplanned · indulgent · improvident · irresponsible · careless · heedless · incautious · impetuous · unrestrained · hasty
bankruptcy
Legal status when insolvent
insolvency · foreclosure · collections · interest · loans · overdue · liabilities · mortgage · delinquency · restructuring
luxurious
Marked by costly elegance
- opulentOstentatiously wealthy
- lavishAbundant beyond necessity
- extravagantExceeding sensible bounds
sumptuous · ostentatious · showy · grandiose · flashy · high-maintenance · big-ticket · designer · premium · upscale
consumerism
Preoccupation with acquiring goods
- materialismPrioritizing goods over spirit
- commercialismProfit-driven value system
- fast-fashionCheap, trend-driven apparel industry
disposable · advertising · marketing · trendy · e-commerce · mass-market · overconsumption
- addictsaddicts, addict, junkies, drug addict, drug addicts
overspenderssavers
Those who accumulate resources
penny-pinchers · tightwads · misers · cheapskates · skinflints
overspendersbudgeters
People who plan spending
fiscal conservatives · investors · financial planners · economizers