It’s easy to say you want financial success.
Actions, however, tell the true story. Are you
on the road to financial success, or are you
still hanging on to one or two of these tell-tale
financial disaster behaviors?
1. You pay full price for everything. After all,
you’ve got plenty of extra money.
It’s fun to see something you want, and buy it
right away. You have to be a little more
strategic to save. Develop a habit of taking 24
hours to comparison shop before you buy.
Consistent savings on both big items - and
things you buy regularly - can add up to
hundreds, even thousands over a year.
2. Retirement? Forget about it. You’re living
for the now, not for the later.
When you put money away for retirement you
are saving for a “future you”. That “you” is
going to want to enjoy life as much as the
current you. As you work toward finding a
balance between now and later put as much
as you reasonably can into your retirement
accounts
. I promise you no one gets to the future and
thinks, “Oh my, we saved too much.”
3. You keep doing business with the same
people. No matter what.
You have to separate business decisions from
friendships. That means periodically revisiting
your professional relationships as far as
insurance agents, financial advisors,
accountants, or attorneys. Did you hire the
person thoughtfully and objectively, or simply
because you knew them? Once in a while
you’ll want to take a step back and re-assess
your business relationships.
4. Change banks? Nope, never. You’re already
earning a great rate on your accounts, aren’t
you?
If I offered you a couple hundred bucks to fill
out a few forms, many of you would think that
was a fair trade for an hour or two of your
time. That’s the trade that may be available
to you by changing banks. Yes, it takes time
to move accounts – but it may mean more
money in your pocket. It pays to look around
at least once a decade. You may find
something worth moving for.
5. You always finance it. Why save ahead? If
you need something, you can use credit.
There is something incredibly satisfying about
saving up for things in advance . In our current
world of easy credit this isn’t a satisfaction
people get to experience enough of. Go ahead
and give it a try. I dare you. I think you’ll be
pleasantly surprised at how it feels.
6. You don’t ever say, “That’s not in my
budget this month.” You’ve got an image to
uphold.
It is so refreshing to hear people reply to a
social request with something genuine like, “I
have other priorities for my money this
month.” Choose how to spend your money
based on your values . When a decision
doesn’t fit, recognize that - and acknowledge
it with a statement that reflects what is
important to you.
7. Books? Why read books when there’s reality
TV to watch?
It can be easy to pass off bad financial
decisions by saying, “I’m just not good with
money.” That’s a choice you make. You can
make a different choice and gain knowledge
about money matters by committing to give
up one TV show a week; instead use that time
to read a book about investing, a finance
magazine , or an online retirement-focused
website.
8. You don’t seek professional help. You can
handle it all yourself.
Successful people outsource. They recognize
they can’t be good at everything. Maybe you
need someone to facilitate money
conversations between you and your spouse,
do your taxes, or provide an objective look at
your investment decisions. Whatever it may
be, seeking professional help ( like a qualified
financial advisor ) is not a sign of weakness –
it’ a sign of strength.
9. You acquire no new skills. Your career will
progress without any effort on your part, right?
An investment in yourself may be the best
investment you can make. Ongoing learning
such as an advanced degree, certification,
leadership training, or communication skills
courses will help take your career to the next
level . Find out what you can do to maximize
your earning potential - and go do it.
10. You set no goals. You want to be in the
exact same place next year as you are right
now.
Imagine yourself one year from now. What
would you like to have accomplished? Do you
want the same amount of money in the bank,
or more? Write down where you want to be.
Then write down the actions steps you’ll need
to take to get there. Now, schedule dedicated
time on your calendar to do these tasks. Do
this consistently and financial success will be
yours.




http://moneyover55.about.com/od/budgetingsaving/fl/10-Signs-You-Need-to-Make-Changes-to-Your-Money-Habits.htm?utm_source=cn_nl&utm_medium=email&utm_term=About%20Today%20Channel%20Newsletter&utm_campaign=todaysl&utm_content=20141203

Good tips, but not always true for some situations.

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