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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I read this list somewhere. Add yours.

What money habits keep you poor? [quote/]

1. Lack of spending discipline. - Yes
2. Lack of earning power - No, but I am currently underpaid and not aggressively enough seeking higher paid employement.
3. Lack of work discipline. - Not at all.  I am a superstar and am capable of a lot.
4. Lack of financial literacy. - No
5. You are not paying yourself first. - Yes
6. Impulsive buying. - Yes
7. Broke people are influencing you. - No
8. Selling your time for money is your only income. - Yes

My DH and I are both unfortunately spenders.  I have to continually remind him of the importance of saving (outside of retirement) but it doesn’t come easily to me either.  We have a healthy HHI income but are living paycheck to paycheck, which I find pathetic and infuriating. I am working on it.

One thing we have improved upon is eating at home.  We were spending hundreds a week eating out.  So…baby steps.[/quote]

You have to write down everything you buy every day in detail.  After 30 days of writing all expenses, you will have a fair idea of what you are spending on.

So, don't just write "starbucks".  Write down "Latte Coffee" and "Muffin" and break down that cost in a way that you can understand.  My DD buys a lot of snacks and junk from Trader Joes.  A lot of her food is grocery she uses. Then a lot of stuff is low cost junky but cute stuff.  Unless she writes it down, she will not know what she is paying for.  Same goes for filling gas in her car. She will stop at the gas station and buy water and gum.

I gave her the same advice that I gave you. Write down every single thing that you spend on.

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