Good money habits.
Are you looking for good money habits to help you save your time and money? You’ve come to the right place.
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Good money habits are important for anyone to have in order to save money and just have more of it. I used to not take good care of my money and that’s why it always went.
However, with time my money still went but to things that mattered. If you’re finding yourself spending too much of your hard-earned cash, then it’s time for you to do a self-check.
Are you spending too much because you’re trying to fill a void? Often times, that’s why we spend so much money.
We’re constantly thinking we need more when in reality we do NOT. Make sure you’re keeping track of what you’re spending.
Whatever you spend, make sure you’re saving. You need to replenish what you’re spending.
Think smart and you’ll be smart with your money. I’ve come up with 10 habits for women who aren’t broke.
These habits are WHY they aren’t broke. Try the best you can and get started today!
10 habits of women who are never broke.
Let’s go ahead and learn how to save money as quickly as possible.
- Save a portion of your check. Even if it’s just twenty dollars, set it aside and don’t touch it.
This may seem like a tedious and daunting task, but it’s important. I’ve done this before and you’d be surprised at how handy this money comes!
- Don’t spend your money on takeout constantly.
This is why budgeting exists. Sometimes, we spend too much money on takeout and don’t take the time to add the numbers up.
It adds up and it’s not worth it when you can just make it at home. Meal plan every single week, from breakfast to snacks and of course, dinners.
Help yourself save money and time by cooking in bulk. It’s time to get smart with your money and not eat takeout.
It’s not as healthy for you as it is to cook your own food at home.
- Have more than one stream of income.
This tip comes in handy especially if you are a small business owner. If you own your own business, you know that sometimes money can get tight.
That’s why so many small business owners encourage others to have multiple streams of income. I have more than one stream of income and that’s very helpful to my family and I.
More good money habits.
- Don’t spend money when you don’t have it.
- Resist shopping too much.
Make an organized list of purchases you NEED. Then, separate them from the purchases you WANT.
From there, you can hold yourself accountable to not overspend. Don’t buy just to buy.
- Look for good clearance deals.
Whenever possible, wait for a sale to get the item you want at a discounted price. Wait for sales you know will eventually happen.
- Have a savings account.
This goes without saying that having a savings account is important. Emergencies do occur and happen.
It’s important to have money in there and get into the habit of always having savings.
- Have passive income.
I remember before having my website, I would have a bit of passive income going with Ibotta.
Even though it wasn’t much, I was saving. I was always really into digital coupons at my local grocery store and I save money that way.
If you have a website, making passive income is easy. You can be an affiliate, run ads on your website, and sell your own digital products.
Having a passive income is really nice and super helpful. You may want to look into that if you haven’t already.
- Go on a NO SPEND challenge.
These are my favorite. There are tons of printables out there you can get to hold yourself accountable.
No spending means not spending money on anything but essential items. I always keep track of my no spends monthly under my monthly habit tracker.
- Don’t create debt.
Easier said than done, I know. But, don’t create debt.
Creating debt you can’t handle is a big mistake. Try to minimize it as much as possible.
Money habits are important.
I hope you enjoyed these good money habits. Money habits ARE important and you don’t want to have bad money habits.
What’s helped me the most is my planner system. This keeps me accountable for my spending and almost everything else!
Having this personal planner is ideal for anyone wanting to get their finances in order. You can even add a budgeting section and customize your sections in your planner.
I use 30 mm rings in mine. Make sure you get yourself organized and you’ll be saving money in no time.
It’ll become so easy for you, it’ll be like nothing!
What’s next on mrsplanahead? I’m really excited to say I’m dedicating this upcoming month to lifestyle content.
Those are my second favorite pieces to write! Make sure you’re subscribed to receive a notification when a blog post comes live.
I hope you’ve found my content useful and don’t forget to comment down below if you did! God bless you and until next time,