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4 Bad Money Habits That Have Left Millionaires Broke

All of us have money habits – some have good, while some have bad. So if you want to build wealth, you need to build up good money habits and squash the bad.

Building up good money habits is all about making a strong will that starts from the heart and mind – you need to feel and think about money habits. Many people feel very guilty about their overspending habit, their eating out all the time habit, or some other bad money habit. If this is you, give yourself a break right now. Remember that they’re just habits and habits can be broken.

4 Bad Money Habits That Have Left Millionaires Broke

The way to break any habit is to realise that you’re on auto-pilot and you’re not making active decisions. Your bad money habit started probably because it made you feel good in some way. So you did more of it but then, pay up time arrived and you started to beat yourself up about that.

According to financial experts, focusing on your new life pattern (a smarter) that incorporates money friendly habits you want to build is a smart idea. Avoid spending too much. Rather, find some alternatives that could give you the same level of satisfaction but does not cost you a lot.

Even if you are a millionaire, you can still get broke of you have terrible money habits. Check out this article and realise what bad money habits that left millionaires broke:

Thursday, December 15th, 2016 Perth Business News