13 bad money habits you should break in 2016 to build more wealth

January 4th, 2016

We all have money habits, but not all of us have good habits. What we need to know are the important tips on how to build up the good ones and squash the bad. All of these begin in our mind and heat: it is about what you think and feel about your money habits.

Many individuals feel guilty about their habits of buying too much, eating too much or travelling too much. If this is Perth Business Newsyou, give yourself a break right now – they’re just habits and habits can be broken.

The best way to break such bad habits is by realising that the reason of all these is you making bad decisions and you are not in an auto-pilot mode. Probably your negative money habits started because it made you feel good in some way. So you did more of it – but then, pay up time arrived and you started to beat yourself up about that.

Beating yourself up about a bad money habit will actually increase the likelihood of it continuing; it’s addictive! In order to get over this struggle, you need to make a strong decision of making a self discipline focus on your goals.

This 2016, you need to start early. Know the 13 bad money habits you need to avoid this year by reading this nice article from Business Insider: http://www.businessinsider.com.au/bad-money-habits-to-break-2015-12#/#-1