The Today Show reports that learning a new habit takes, on average, 66 days for the behavior to feel automatic. The actual time it takes to form that habit varies based on the person, the behavior and the circumstances. Since good habits lead to good results (especially with money), it’s important to get those positive routines in place as soon as possible so you can hit a home run with your financial goals in 2017!
Is this shirt clean? Where’s the coffee scoop? What should I pack for lunch? Do I need to stop and get gas before work? Did someone feed the dog?
Mornings! So little time, so much to do.
If you’re making a million decisions before you leave the house, you may be setting yourself up for a day of overspending. Why? It’s called decision fatigue. And it happens when you run around your house, making choice after choice until your head spins.
Most millionaires aren’t driving Lamborghinis and eating caviar. They’re driving reliable used cars and eating mashed potatoes and meatloaf.
Just like us.
In The Millionaire Next Door, authors Thomas Stanley and William Danko interviewed multimillionaires to find out the secrets to their success.
Turns out millionaires are just normal people who live frugally, invest wisely and budget frequently. After years of following this simple equation, they become wealthy.
And it’s a formula anyone can follow. Including you! Here are six money habits we can learn from millionaires:
You make enough money. You know you do. But you still feel like half of your paycheck flies out the window every month.
What if you could hold onto more of your money? Strike that. What if you could hold onto more of your money without sacrificing what you love?
You can, and we’ll show you how. Here are three secrets to effective money change.
You hear it every January:
It’s a new year! Time to lose that holiday weight, become OCD over a clean house, raise perfect kids, and save money so you actually have some when you need it.
Reality hits around February. Why? You have a life outside of those resolutions, and change is hard.
So how do you make this year different? The secret to change is to create small good habits. Here’s some advice we have for creating new habits with money.
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