Three steps to break your bad financial habits
Bad financial habits can have an adverse effect on your life. Find out three steps to break those habits. Some harmful behaviors, such as smoking, nail biting, or eating too much junk food, have a negative impact on our physical health. Others, on the other hand, have a negative impact on our financial wellness. How do you tell whether you have bad financial habits? Here are the three steps to break those habits. 1. Explore your relationship with money Money relationships are complicated. It's not always easy to spot financially unsound behaviour. However, there are some warning indicators you can look for. Common issues include spending more than you earn, failing to establish an emergency fund, and failing to save for retirement. Taking a financial health survey might be a helpful starting step in identifying problem areas. However, our difficulties are not always the result of bad habits or poor decision-making. According to many experts, it is cri...