Today at Living Well Spending Less, I'm talking about 5 essential habits you should work on if you want to become budget-savvy and financially successful. I truly believe they make all the difference!
Here’s an excerpt:
Have you ever wondered why some families constantly struggle to make ends meet, while others magically have all their finances together? Is it the way they were raised? Is it simply in how they do things?
Although these questions don't always lend themselves to an easy answer, I honestly think it starts with the difference in our habits – both in what we've learned as young children, and how society impacts our current environment.
For me personally, I was taught at an early age to save my allowance, watch my spending, and make carefully calculated decisions to reach my dreams and goals. While some of that has to do with my overly-analytical personality, I am incredibly thankful that my parents taught me how to be smart with money, and instill in me the financial habits that make up so much of who I am today.
But as the saying goes, more is caught than taught, which means absolutely anyone can adopt these same budget-savvy habits that are so critical to financial success. Although it's not a magic formula that will change your current situation immediately, continued persistence and hard work will eventually pay off.