How To Break Bad Money Habits (9 MUST Know Steps)
In this video, I walk you through a 9 step process on how to break bad money habits.
If you have been all over the place with your money and have bad habits that need to break, you came to the right place.
I walk you through an article from Psychology Today that was written by Robert Taibbi. I took the information from the article and applied it to breaking bad "Money" habits.
There are a total of 9 steps to break bad money habits:
1. Define what the habit is. 01:12
2. Define the behavior you want to change. 02:07
3. Identify the triggers. 02:43
4. Dealing with your triggers. 03:32
5. Develop a substitute plan. 04:29
6. Change the larger pattern. 05:24
7. Use prompts. 06:37
8. Get support. 07:28
9. Reward yourself. 07:48
The article referenced:
https://www.psychologytoday.com/us/blog/fixing-families/201712/how-break-bad-habits
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Disclosure: I am not a financial advisor (nor do I pretend to be). These videos are for entertainment and educational purposes only. Please seek financial advice from a licenced professional.
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