It's easy to improve your finances, just change one spending habit at a time. As you would when beginning a weight loss journey, list the bad habits that are sabotaging your goals then select one at a time and start making changes for the better. Begin with the spending habit that you feel is your biggest problem like impulse buying which is a common issue for many people.

If you are an emotional spender, set a waiting period before making unnecessary purchases. You may feel you need a new outfit because you saw it online and you just can’t live without it but wait a day and you may change your mind. Track your spending. Paying attention to where your money is going each month will highlight problem areas you may not have been aware of. It’s amazing how quickly a daily coffee at Bitty & Beau’s will add up. 

Remind yourself that the financial changes you make now should be viewed as permanent lifestyle changes; not temporary. And changing your habits does not mean doing away with them entirely. In the case of Bitty & Beau’s, this is an amazing business that deserves your continued support. They originated in Wilmington, NC and are known for hiring people with intellectual and developmental disabilities. They have 450+ employees across 11 states and counting. So please do support local businesses but limit how often you buy coffee or dine out so your support for others won’t derail your financial efforts.  

At Alloy Wealth, we help people just like you become more aware of their current financial situation and more confident when making financial decisions. To learn more about our services and how to become financially independent, call 800-689-3935 to speak with one of our team members.