Form Healthy Money Habits - Deepstash
Form Healthy Money Habits

Form Healthy Money Habits

Most of your behavior is habitual. You can change your habits and the earlier you start, the better.

Saving is a habit. Learn the habits of saving properly early. Pay attention to your money habits. Strengthen those habits that help your finances, and break the habits that hurt your finances.

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aubbrrey

Keep your friends close and your enemies closer!

Unbelievable how basic these are, but they made Buffet one of the richest man alive.

The idea is part of this collection:

How to Start Investing Today

Learn more about moneyandinvestments with this collection

How to manage risk

How to analyze investment opportunities

The importance of long-term planning

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Don't Underestimate Your Money Habits

Many people fall into bad money habits and don't realize it until their habits become hard to manage.

If you want to change your habit, start by breaking it down. Understand your cue, reward, and routine, then use it to break the cycle of your habit.

Habits

Habits form a core idea in behavior change. It requires that you change your behavior by regularly doing something.

To get fit, you need to have a habit of eating well and exercising. To have loving relationships, you need good habits of communication.

Self-Discipline - a series of healthy habits

Long term change is better served by building better habits, than by forcing your willpower. 

You will choose the apple over the cake for a number of times ... and then give up. Building a habit to start the day by going to the gym will work better.

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