00:00Overspending is something that many Americans do.
00:03According to Debt.org, the average consumer debt in America is on the rise,
00:07and so are missed payments.
00:09Here are some expert tips to curb those bad spending habits
00:12and avoid consumer marketing traps.
00:15MarketWatch urges you to watch those automatic charges carefully
00:19and keep accurate records of how long your locked-in price will last.
00:23If you agree to a free 90-day trial,
00:25set up a reminder to cancel before you're automatically charged for it.
00:30You should avoid monthly payment plans and aim to pay in full according to We Mean Career.
00:35Sometimes you can end up saving by paying up front.
00:39Crown Financial knows that buying both products can also be a spending trap.
00:43Yes, it's usually a better value, but if you don't need 15 pounds of rice,
00:47the savings may not be worth it.
00:49Experts say having a budget is a key to a healthy relationship with finances.
00:54So avoid whipping off the credit card for impulse purchases and stick to a plan.
