6. Avoid Bad Debt
Getting out of debt is:
- 20% knowledge
- 80% a change in habit
Changing your financial habits include:
- Earning more
- Spending less
- Investing more
To live debt-free, you may have to adopt a lean life.
94
1.13K reads
CURATED FROM
11 Wealth Secrets I Learned Advising 453 Millionaires
wealthoperators.beehiiv.com
13 ideas
·15.2K reads
IDEAS CURATED BY
Struggling to improve your life? Join over 2,000+ readers committed to getting 1% better every day. PLUS: Receive your "Art of Habits Guide"—absolutely FREE! ↓
Similar ideas to 6. Avoid Bad Debt
Myth: Quit All Bad Spending Habits Cold Turkey
Instantly stopping your bad spending and saving habits may set you up for failure and leave you feeling discouraged and less motivated to improve your finances.
Changing your spending habits should be taken on in smaller steps. For example, if you like to eat out, save...
Forget the Small Stuff
Pareto's 80/20 rule states that in any particular pursuit that we undertake, approximately 80 percent of the results may come from just 20 percent of our efforts.
If we identify and focus on the 20 percent that really matters we are more likely to live a simpler life more on...
10 best habits for success (1-3)
1. Introspection - The habit of spending time alone routinely helps
- strengthen your conviction in your goals,
- realign plans & strategies with your changing expectations from life.
2. Learning - The habit of staying open to improve...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates