9 Tips and Tricks To Kick Your Bad Spending Habits

 

Without understanding healthy spending habits it is all too easy to get into debt and very hard to get out of it. Financial health does not need to be one and the same as living without…and there is no need to fear budgeting.

Break Bad Spending Habits

We all have them.

You know, those bad spending habits that break your budget on a monthly basis.

It could be that you like to shop for shoes.

Maybe you always have to have the most up-to-date electronic gadget.

Whatever it is, you probably already know it’s a problem.

If you’ve created your income statement, you’re probably finally getting to see the dollar figures associated with your overspending.

Just know that what some people might see as overspending, could be right in line for you and your budget.

I guess what I’m trying to say is, there’s no need to follow guidelines.

For example, if you consistently cut back on other spending so that you can dine out four times a week, more power to you.

You’ve identified what’s important to you and made it happen by being frugal in other areas. 

If your budget is still functioning properly and you’re meeting all of your goals, overspending in that category isn’t a problem for you. Don’t let anyone tell you it is.

But what if that isn’t the case?

What if you only want to spend $50 a month dining out, but end up spending $250? 

You may be looking at a bad spending habit and it’s time to face the problem and battle it until you get it under control.

As you already know, it’s stopping you from saving money or even worse, causing you to pile on debt.

Get started working on those bad spending habits today by using these tips.

3 BONUS TIPS! Get access to 3 of my favorite tips as a bonus and kick your bad spending habits for good. Click here to get the bonus tips!

 

1. Take Only The Cash You Need

Heading out to the mall to go clothing shopping? Only take the cash that you need. If you’ve budgeted $100 for clothing, hit up the ATM and get $100 cash out. Throw that $100 in your wallet and leave all of your credit and debit cards at home. Yeah, you read that right. LEAVE YOUR DEBIT AND CREDIT CARDS AT HOME! You will be forced to only work with the cash you have on hand. No more saying, “Well, the bill is $110, so here’s $100 in cash and I’ll just put the remaining $10 on my credit card.”

2. Know Your Spending Triggers

How did you feel the last time you had a budgeting breakdown? Were you upset over something? Were you bored? Start tracking how you feel when you splurge on a specific item. For example, if you buy a soda every day at 2:00PM, write down how you …

 

Read more: http://adamhagerman.com/how-to-control-spending/

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