5 Money Habits That Keep You Poor (STOP SELF SABOTAGE)

Most of what we do with our money every day is unconscious. The more aware you are of your money habits, the faster you can reach your financial goals. Without realizing it, you might be doing these 5 money habits that keep you poor. See if you recognize any of these bad money habits in yourself, and what money habits to break this year. These habits keep you poor, and in this video I share my best personal finance tips for breaking bad money habits and replacing them with GOOD money habits!

Are you struggling with money and wondering how you can achieve financial security? Habits are what shape your whole life… and if you’re finding yourself, struggling with money, chances are it’s because of your habits. I know. It’s tough to hear, and it’s much easier to blame something or someone for your financial situation…But I’m gonna give you some tough love here and let you know, that the reason you are living the life you’re living is you. And you can start out pivoting and changing this situation by understanding, and knocking out your bad habits so you can start developing good habits.

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#MoneyHabits #BadMoneyHabits #MoneyHabitsToBreak

[lynnhale]

That list is spot on. Personally, I like to stick it to my credit card company. 😂 My husband and I only spend what we can afford a month but charge everything to our card. Then I pay off the balance every month. They get no interest from me AND I get 3% back on all purchases!

I DON'T recommend this to anyone though! I know for sure that I'd spend a ton less per month if the credit card wasn't even an option. 😒

[TheMvegastyle]

Great subject Kiana! My financial goal, make my money work harder for me than me working harder for the money. ;)

[delgadoglory]

I use my cc for points but I only spend what I have and then immediately pay it off

[InvestDiva]

Which one is/was the toughest bad money habit for you to knock out?

[leenadavis]

Dear one brother called me from Bhopal Madhya Pradesh through HDFC Bank, he said ₹ one thousand only is not but atleast one thousand dollars should be limited, but I don't have thanks to you Leena Davis India

[euginawineera]

No. Money is not evil. It's a tool that we need skills to use. Agree

[cl]

Yes, I was told this before. But then read Robert Kiyosaki's books that I found to help me to think differently. Money is necessary for us to grow and develop and enjoy life.

[Melissasweet]

I wasn't raised with the belief that money was evil, but was raised to believe that wealth is unattainable, which I affirm is not true.

[therealbethelight]

Would it be a good idea then to get a visa/debit card instead as opposed to using your Visa card? I’m just thinking about some subscriptions I have for my business and parking I have to pay for when I got into my 9-5. They require a credit card.

[cliffhamrickwrites]

I'm not making my money work for me. I tried investing decades ago and got burned. So now I'm leary to invest anything more than in a 401k.

[thesilentstacker]

thank you so much. you opened my eyes ....

[cl]

So helpful this video was as most people are not saving for emergencies which hurts people when times get tough and employers cut back on staffing or shut down operations.

[firaashamed]

Good advice but i think people need more advise on how to get out of credit debt, or refinancing, or should they combine loans

[emmanuelchristian]

5 year money goal. Turn $10, 000 into 100, 000, 10x.

[thefinancetrigger]

Great video! I like how you analyze bad habits and have the power to change everything. It takes time and dedication but with great effort we can definitely changer and improve!

[scallywag]

How do I get my wife to stop spending mine on subscription services? Like apple storage plan because she can’t handle her photos, or Spotify even though we have free music streaming options? I can’t get her to give these up! They equate to about a $100 a month. To be fair we share Netflix, but’s that it.

[strykerace]

Starbucks coffee didn't make the list? Surprised you recommend debit cards. Good topic though.

[geozam]

Nice, looks like I'm on the right path. Probably need help in investigating portion but scared to lose my hard earned money.

[micuvlad]

The love of money usually tends people to caused death on themselves. You reach a certain stage in your life that you get to only work just for money which this is not normal. Running after money isn't something I would recommend but instead let them come to you or follow you. But money overall isn't bad hence is just a piece of paper gained based on the services that you've provide to help God's other people.

[kathleenkelley]

I have never owned a credit card, however, I’m being told I should because it will help me create a good solid credit score. 🤷🏽‍♀️