Have you ever considered that your financial habits are shaping your future, right now? Whether you’re not planning on retirement for another 20 or even 40 years, you should be making positive changes to your financial habits so that you can create the ideal future for you. You might think you have plenty of time, but the truth is, if you don’t change your habits sooner rather than later, you might never get around to it. All of us can probably do better in one way or another, even those who consider themselves financially savvy.

Here are a few ways you can replace your bad financial habits for good habits and change your life in the process:


Stop The Negative Talk – Change The Words You Use

If you talk about money negatively, you’re unlikely to ever truly improve your situation with your finances. By changing your mindset, affirming what you’d like to be true and using positive language, you can begin improving your relationship with money and your financial situation. Stop saying things like ‘I’m so broke’ and ‘I’m so bad with money’ even if you believe them to be true right now. The more you affirm those things to yourself, the more true they become. Change the story!

Save An Emergency Fund And Stop Relying On Credit Cards

Having an emergency fund when you need some cash is going to be much smarter than relying on credit cards. When used wisely, credit cards can be great, but they can also be super dangerous. Try to save 6 months of expenses for emergencies so you don’t have to rely on credit.

Think About Purchases Before You Buy And Stop Impulse Spending

Never make an impulse purchase. You should be giving yourself at least a few weeks to think about purchases, especially larger purchases, before you splash the cash. Often, the novelty idea of having the item will wear off and you won’t feel like buying it anymore. The trick is to avoid giving in to that sudden and sharp urge!

Plan For Your Future Don’t Leave It To Chance

Don’t leave your future to chance. Plan for it! Visualize your ideal future and come up with a plan. How much money do you want? Where do you want to live? How will you take care of your family? Making sure you have a will sorted with a probate attorney will help you to ensure your family are taken care of and that you have peace of mind. Plan for this before the unthinkable happens!

Pay Your Bills Automatically And Avoid Ruining Your Credit

You should have direct debits set up for your bills. If you pay your bills late, you will ruin your credit and could cause problems by getting cut off.

Figure Out What Makes You Spend

Finally; assessing yourself and your spending habits will help you to make changes. Do you spend when you’re stressed? Finding another hobby could be a good idea! Figure out what your triggers are and stay mindful of them.


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