In this episode, you will learn about:
- Money habits you must avoid to build wealth.
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Welcome to another episode of the Winners Ways podcast. I’m thrilled to have you join me today. You know what this show is about – this is where we talk and share best practices about career and money, and we also add proper doses of life motivation to help you become a better version of you.
We all know that money is important, but too often, too many people still struggle to manage their money properly. Unfortunately, no matter how educated you become, you can still find yourself making money mistakes because our educational institutions are not equipped to teach students on personal finance or money management topics. Young or old, male or female, married or single, educated or not, people make money mistakes because they are simply not trained on how to properly manage their hard-earned money.
To educate more people about money, I have created a 3-part series titled “Money Habits: The good, the bad, and the ugly.” I will share the habits, explain why it’s good, bad, or ugly, then tell you the end result of such habits.
Ugly money habits to avoid
Ugly money habits are practices that will leave bad tastes in your mouth. These habits will prevent you from building wealth and can destroy your relationship with your loved ones.
- Lending money to your friends
- Gambling & Lottery
- Being late on your payments
- Compulsive spending
- Keeping up with the Joneses