When it comes to habits, most of us — well, perhaps not the Rebels — have habits that we’d like to add or drop,
A few weeks ago, I asked the question: What habits most affect your spiritual life and work life? The answers were fascinating.
Now I have a follow-up question: What habits most affect your financial life?
For instance, do you...
--use an automatic savings plan (what I call an "invisible habit")
--use cash instead of credit cards Andy Warhol, who enjoyed the experience of spending, remarked on this distinction: “I don’t like charging. It feels more like buying if you pay with money.” For most people, using cash makes it harder to spend (in a good way).
--spend hours every day on online shopping
--shop only from a list, so you're not tempted to make impulse purchases you'll later regret
--keep a careful record of everything you spend
Those are some examples, to help prompt your thinking.
Some people need habits to help them not spend -- I, as an under-buyer, need habits to help me spend. I remind myself, "If I need it, buy it now." Otherwise I just keep putting off purchases, even when it causes me a lot of inconvenience.
How do habits--both good and bad--affect your financial situation?
One Last Thing
Interested in happiness, habits, and human nature?
Sign up to get my free weekly newsletter. I share ideas for being happier, healthier, more productive, and more creative.
Dive into The Blog
More Posts For You
Find out if you’re an Upholder, Obliger, Questioner, or a Rebel.
The Four Tendencies explain why we act and why we don’t act. Our Tendency shapes every aspect of our behavior, so understanding your Tendency lets us make better decisions, meet deadlines, suffer less stress and burnout, and engage more effectively.