Friday, August 14, 2020

10 Bad Money Habits

 


You want to earn more and save more but in order to do so some discipline will be involved and a good start would be with your habits. Breaking the bad habits is almost as important, if not more important as establishing the good habits.

Here is a list of 10 bad money habits that can slow your savings growth and in which you should try and avoid. 

1. Impulse purchasing

2. Ignoring insurance

3. Not budgeting

4. Paying for subscriptions you don’t use

5. Dipping into your savings

6. Spending as much as you earn, or more

7. Carrying a balance on credit cards.

8. Ignoring interest rates.

9. Not negotiating

10. You're not investing

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