10 Bad Money Habits [How to Save More Money]

In this video we talk about the 10 money habits that are keeping you poor. Breaking the habits on this list won’t guarantee that you’ll be rich, but it will bring you one step closer. This is a countdown list, so stick around to the end.

[Bad money habits. Money habits of the wealthy. Money habits that keep you poor. Top money habits. Compound interest. Credit card debt. Worst money habits. Pay yourself first.]

0:00 Intro
1:45 Carrying a Balance On Your Credit Card
2:16 Going Out to Eat for Most of Your Meals
3:47 Paying Fees
5:03 Trying to Get Rich Quick
5:45 Avoiding Your Finances
6:48 Putting Off Investing
9:50 Paying Yourself Last
10:42 Not Planning Ahead
11:18 Not Understanding Opportunity Cost
12:10 Caring What Other People Think
12:59 Outro
13:57 Bloopers
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📒 Show Notes:
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DISCLAIMER: Monique Nguyen and Laura Saldana, including but not limited to any guests appearing in their videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.

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[wawawho_adventures]

i save so much money because i make my lunch and bring it to work instead of eating at work

how does compound interest work exactly, in an IRA? been googling but i dont get it.- i been putting money into my IRA (just started this year) - but it only grows if i invest it which is not guarantee? how do i get interests from IRA? i know the money i do not invest get like .01% interest every month...but that so little?

[DamienTalksMoney]

Love the stock footage and the into on the this video.

Also your audio is just perfect. What you using to record it?

[eheartbeat]

Hi ladies! I heard about weekly money rituals, kind of like “dating” your finances and creating a habit to get more clarity on your finances. I’ve been trying to build such a habit and some courses offer this info but behind a crazy paywall, I wonder if this is something you do and could make a how to video on? Thanks!

[catropractor]

Y'all are awesome. Thank you for sharing. Subscribed!

[glynnjohnson]

Thank both of you for your time and knowledge I’m glad that I joined public

[Eirocina]

10$ meal for whole day is cheap. cooking already cost around that much a day, even 15$ a meal a day still cheap.

[BURGATRON]

I have 0/10 bad money habits! But I'll probably break rule number 8 for the first time once international travel restrictions are lifted. I'm gettin outta here first chance I get!

[msumm]

That was great! I learned a lot! Thank you for taking the time and sharing your knowledge.