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5 Financial Habits that will Make You Richer

Friday, March 9, 2018   /   by Ruth Ballantyne

5 Financial Habits that will Make You Richer


5 Financial Habits that will MAKE YOU RICHER!



 



You don’t have to win the lottery to get wealthier. Anyone, on virtually any income, can simply adopt these habits:



 



1. Save a little from each paycheck. Tucking away just 5% of your income can build up your savings substantially over time.



 



2. Use coupons. 82% of consumer goods companies issue coupons, yet only 23% of shoppers use them. Coupons can cut a grocery bill by an average of 15%.



 



3. Avoid credit card debt. Interest rates on those are famously high and can cost you a lot of money each year.



 



4. Feast at home, not at restaurants. It’s fun to go out to a nice restaurant occasionally. Just don’t make it an expensive habit. Buy a gourmet packaged meal instead.



 



Combine it with a bottle of wine and you have a feast!



 



5. Watch out for automatic renewals. It’s all too easy to forget to cancel a subscription to a magazine you no longer read — until, of course, you’re charged again!



 



These simple habits can help you become wealthier in 2018.



 



*Article Supplied by Morris Marketing*

Ballantyne Professionals | RE/MAX Realty Services Inc.
Ruth Ballantyne
295 Queen Street E
Brampton, ON L6W 3R1
905-456-1000

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Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2021 Last Updated September 22, 2021
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