Answer:
Overspending now can lead to continued practices of overspending.
Step-by-step explanation:
A good economy is one in which individuals and businesses are thriving in general sales and profit, lower rates of unemployment, low poverty rate and higher Gross Domestic Products (GDP).
Economic growth is an increase in the production of goods, labor force, capital goods, technology and services in an economy measured in terms of Gross Domestic Products (GDP) over a period of time.
Current economic choices such as overspending can affect the future as it would lead to continued practices of overspending.
However, budgeting is a process that could be used to mitigate overspending.
A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year.