12 Better Money Habits For A Prosperous New Year



The New Year is upon us!

Have you set some goals for the year?  In your list of resolutions, be sure to include your finances as an area you'd like to improve this year.

With just a few tweaks in your habits, you can increase your income by thousands and set yourself up for future financial success.

Throughout my journey in personal development, I've learned about the power of successful habits and how stacking them over time can completely change your life. When it comes to your finances, it's no different.

The opposite is also true. Nearly 70 percent of lottery winners go broke within five years. That's a crazy fact, right?

They're stuck with the old habits they had before becoming wealthy.  The aim is to avoid becoming one of those people -- so we need to start applying ourselves now.

It's taken me a couple of years to change my finances through my own mistakes, as well as reading and learning from mentors. Before then, my spending habits were random, and I never made the most of the money I earned.

I have now changed my money habits and have a healthy amount of savings and a passive income stream from a variety of sources. I'm well on my way to buying my first home with enough left over to give away to causes I believe in.

None of this would have been possible if I didn't learn and adopt different money habits which I'd like to share with you.

Here are 12 better money habits for the New Year:

(more…)

How to Make Good Habits Stick: 7 Secrets From Research

Have you ever wondered why some people seem to get so much done? When they say, ”I’m going to…” start exercising, eat healthy, get organized, read more, etc., you know that they’re going to make it happen. But when you try to go after similar goals, it’s a different story. You might be able to…  Continue Reading

9 Small Healthy Habits To Kickstart Big Change

healthy habits

I know from personal experience that the hardest part of any endeavor is just getting started. You’ve probably experienced this challenge as well. Whether you want to pay your bills, go for a run, or clean your house, just getting out of your chair and taking that first action feels so herculean. The mental battle…  Continue Reading

Organize Your Life: 5 Habits To Streamline And Simplify

Organize Your Life

I’m in the process of preparing my house for sale. My youngest daughter graduates from high school this year, and I’ll be without a child in the house for the first time in 23 years. Having lived in the same house for nearly 18 of those 23, we’ve accumulated a lot of stuff. I’m just…  Continue Reading

The Proven Method For Building Habits That Stick

Habits that Stick

I’ve had the good fortune of working with many amazing coaching clients, people eager to make positive change in their lives. But to this day, there’s one client whose courage and tenacity simply blows me away. When she hired me, this client wanted to work on building her own business. She was smart, articulate, and ready…  Continue Reading

Making Good Choices: 6 Steps To Reclaim Your Personal Power

Have you ever stopped to think how you got where you are today? I’m not talking about your mode of transportation. I mean, how did you wind up with your particular life? How did you end up with your career, the person you married, the home you where you reside, and the experiences you’ve had?…  Continue Reading

The Science of Habit Formation and How It Helps Us Accomplish More of What We Desire

I love creating new habits, mainly because I’ve finally learned how to form them without quitting and dropping the ball. In fact, everything I’ve accomplished in the last few years has been the result of forming a series of small, positive habits. In my work as an online entrepreneur and coach, I’ve seen how the…  Continue Reading

Will You Create Habits that Stick in 2015? My New Video Series Shows You How

You’ve probably been thinking and reading a lot about resolutions and goals in the last few weeks. This is the month when we review the year behind us and consider what we want to accomplish in the new year. Maybe you’ve already written down a few resolutions and even started some. Or maybe you avoid…  Continue Reading