Are bad money habits keeping you from saving money or staying on budget? If so, Learnvest has a three-step plan to help!
The diagram above shows a simple (though not necessarily easy) exercise to help you identify what triggers your bad habit, establish a substitution for spending money, and establish a new, healthier habit to help you avoid making irresponsible money decisions and save for a financial goal.
So ask yourself: what are your bad financial habits? What causes them? What can you do instead of spend money that will also bring the same sense of satisfaction? What are your plans for the money you’ll save?