3 Spending Habits That Are Setting You up for Failure

We are all guilty of a few bad habits. Spending money is probably one of them. Here are 3 bad spending habits that are setting you up for failure and how to avoid them.
  1. Dyana says:

    My biggest problem was spending money out of pure boredom. Getting new things gave me a temporary rush that became addicting. I curved it by setting a goal and putting the money I was going to blow towards it!

  2. Very well said. Adjust the attitude, so we can stay out of debt. Otherwise, we will just set up ourselves for failure and trap in debt.

  3. I am definitely guilty of some bad spending habits–especially spending because I’m bored, and spending money that I don’t have (hello credit cards.) I am going to work my hardest to break those habits this year and create new ones so I can finally get out of debt once and for all!

  4. Patti says:

    Hi Kumiko.
    I have an adult son that really needs to focus on a budget and digging his way out of crushing debt. Is there a ‘guy’ budgeting site you can recommend? I’d pass yours on to him, but, well, ….. it’s a ‘guy’ thing.
    Thanks for a reply

  5. I really enjoyed this post! While I like to believe I have all the willpower needed to resist the temptation of “40% off sale” type emails, I have struggled with this. Even when I don’t have money for it, my “shopping hackitis” kicks in telling me to buy it now to save later–which doesn’t actually end up saving me anything a lot of the time , but just an unnecessary purchase digging me into a deeper financial pit. (I guess the issue here is not exactly willpower, but confusion over what is the most financially prudent.)

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