1.0 Introduction
1.1 Background of Th Study
Spending is referred to the total expenditure of an individual, government or an organization.
Having said this, government can spend money for projects like building of schools, construction of roads, establishments of electricity, etc and these erupt development in our country. Parents also later for the need of their children and enrich them with huge sums of money as pocket money. Some of the student's need which propel them to spend could be enumerated thus: school fees, hotel fees, feeding, transport fares, drinks and educational materials, etc.
Taking you years backs, Nigeria had a good economy. Government and parents spent much of their money without any pains. Students and that time used money recklessly because there was a good economy and balanced with monetary value in the market.
From 1980 till now, we have been experiencing our increasing an unexpected inflation of goods
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