6 Tips to Kick Negative Financial Habits

One of the quickest ways to enhance the quality of your life is to eliminate your money habits that hold you back. Bad habits can be more challenging to extinguish than good habits are to create. If you’re struggling to free yourself from your negative financial habits, you’re not alone.

Follow these tips to kick your negative financial habits to the curb:

Determine the benefit you’re receiving from your bad habit. 

You might be relieving stress, giving yourself pleasure, or distracting yourself with spending money. What does your bad habit do for you? 

Find a substitute. 

After determining the benefit your bad habit is providing, find an alternative habit that provides the same benefit in a more positive manner. 

How is the bad habit harming you? 

Make a list of the damage being caused by the unhelpful financial habit. It might be negatively impacting your health, career, relationships, or self-respect. Write everything out and refer to it each day. 

What will you gain by kicking your bad habit? 

Make a list of the benefits you’ll receive when you’re finally free of it. 

Determine your trigger points.

Go forth and prosper,

CJ