Creating Great Habits by Adam Mortimer

Creating great and lasing habits should be a goal that all of us should constantly be working on. How do you create lasting habits? The key word is consistency! What are the great habits that will help us reach our goal of financial independence? The habit of looking at the positive side of things is crucial. Staying positive can help you to see the opportunities in even the hardest times. Making a habit of holding yourself responsible is crucial. Holding yourself accountable for the mistakes that you have made with your finances can give yourself the opportunity to grow from them. Chose one or two areas that you would like to work on and focus on those things for at least 30 days. This may be hard for you if it is an area that you are struggling in. Asking a friend to help hold you accountable can be a priceless resource. Also, creating a vision board to help keep you motivated can help as well. There are a few basic habits that should be the primary focus of all the financial students. The first habit that all financial students should have is the habit of tracking all of their expenses. Knowing the money that is coming in every month and the money going out is crucial. Getting into the habit of always looking for ways to reduce your expenses and ways to increase your income can also be a valuable tool. Get in the habit of always asking for a better deal is a good idea for all of us. Distinguishing between needs and wants and reducing the wants purchases as much as possible. The key to financial independence is consistency. Creating great habits will help us to do just that.