We all have habits—things we do routinely. From routines we do in preparation for a big family dinner, such as Thanksgiving, to everyday ones like brushing our teeth. Some habits are good, others, like eating too much junk food, less so. The same logic applies to money management. And, as with all bad habits, breaking them—in this case, changing unhelpful financial habits—can be tough. In fact, you might not even be aware that what you’re doing could be problematic. Here’s a great example of how difficult it can be to recognize or break bad money habits and adopt and sustain good ones. Read more.
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