Over the course of our lives, our habits become ingrained and the small things we do day after day shape who we become. This is especially true of our money as simple routines can be life-changing, but don’t forget the door swings both ways. While positive financial habits can lead to massive wins for us down the road, negative habits can lead to some pretty grim consequences. In this episode we discuss the ‘what’ and the ‘how’- what are some great financial behaviors to begin practicing, and how to stick with it and transform those behaviors into long lasting habits.
Additional links from this episode:
- We mentioned the Chrome extension: Time Well Spent which converts all dollars amounts to the equivalent amount of time you’d have to spend working! It has been updated in a minute, but we still found it helpful and interesting. Thanks for sending this our way David!
- Sometimes breaking a bad habit involves recognizing the different ‘scripts’ that are embedded in our brains. We discussed that on Ramit’s episode.
- For tracking and budgeting we recommend Mint and YNAB.
- And Andy Hill mentioned during his interview how he was able to reframe how he and his wife viewed their monthly financial meetings: budget parties!
During this episode we enjoyed a Heady Topper by the The Alchemist- a big thanks to Cameron here in Atlanta for donating this beer to the show this week! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.
Best friends out!