Good spending habits. financial habits

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Sticking to a budget may be easier when you practice some good spending habits. From having a budget to plugging the money leaks here’s 8 ways to help you make the most of your money.

What’s covered in this video?
00:00 Good spending habits to help you stick to your budget
00:26 Tip 1. Don’t spend more than you earn
00:47 Tip 2. Have a plan for your money – a budget.
01:07 Tip 3. Think about needs vs wants
01:37 Tip 4. How much time does your purchase cost?
02:05 Tip 5. Avoid impulse buying or emotional spending
02:45 Tip 6. Use your credit card wisely
03:15 Tip 7. Look for real value for money
03:55 Tip 8. Plug your money leaks
04:40 Summary and where to start

Other videos to help you develop better spending and saving habits from the Davidson Institute.

• 7 tips for saving –
• Budgeting –
• Planning for your financial future –

Or choose from many other financial education topics available from the Davidson Institute to help you build your money confidence and a #betterfinancialfuture. .

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