When you think about the bad habits that could negatively impact your finances, things like credit card debt and overspending your budget come to mind. Those are obvious ones, but we want to shine a spotlight on some of the most common financial bad habits that many people unknowingly practice. These habits, while seemingly minor, can have a significant impact on your financial health and future.

Nick Colantuono, CFP® joins the Money Wisdom podcast this week to discuss these habits that we want to help you avoid. Check out the show to learn how to identify and break these habits to ensure a more secure financial future.

 

Here’s some of what we discuss in this episode:

• What you need to know about your account statements and why they can be valuable.
• Emotional decisions will often weigh you down and lead you in the wrong direction.
• It’s easy to fall back on procrastination when you don’t want to address an area of your finances.
• Long-term planning gets pushed back because it doesn’t seem necessary today, but it’s essential for protecting everything you’ve worked for.

 

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