[ kˈɒmpənsətəɹˌi spˈɛndɪŋ], [ kˈɒmpənsətəɹˌi spˈɛndɪŋ], [ k_ˈɒ_m_p_ə_n_s_ə_t_ə_ɹ_ˌi s_p_ˈɛ_n_d_ɪ_ŋ]
Synonyms for Compensatory spending:
Other relevant words:
How to use "Compensatory spending" in context?
When someone says they are compensating for a spending habit, many likely think of ways that person can save money. But, what if what you need to do to cut back isn't about economizing and, instead, about spending less in the first place? That's where compensatory spending comes in. Compensatory spending is spending that someone does in order to make up for past spending mistakes. For example, if you are someone who tends to overspend, compensatory spending could be spending less on non-essential items in order to save money.
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