Every time we think of our financial growth will always find the news that we did not win enough. This 50% is true; there are times that the income that we need a little “boost” for us to realize our personal goals, but the other side of the story is our expenses. There are some habits that are part of our daily lives that may be the reason why we can not save for our plans, or at least they bring to the problem part. Here are some of these habits, maybe you can change one of these to start saving:

Having to spend everything you earn.

This is a habit that dominates much of our lives, if we have $ 100 in your pocket, we are not happy until they have disappeared. We should plan a majority of our expenses to see how much has to be designed into our savings before reaching into the pockets. Pay yourself first at least 10% of their salary. Things that may help with this habit are automatic transfers from your salary to a savings account, keep a budget, or participate in a savings plan with your bank (club account.)

View credit as money itself.

Credit cards, loans and mortgages give us the ability to have things that are beyond our economic reach to extend payments to those things for months or years. This also allows us to spend more than we should and this will affect our purchasing power (how much you can spend) over time. To improve this habit you ought to first have a goal of how to pay this debt last (not least the card says) and if this number can be incorporated into your budget then you can make the purchase. For example, if you plan to buy a holiday from $ 1000 to pay in one year, you should be able to include a payment of $ 85 per month in your budget.

Lunch at work.

First of all, my apologies to the owners of restaurants, bars, canteens, etc. But the reality is that many of us spend huge amount of our salary eating outside the home and if we could change that at least two or three days a week, we could help get more money in our savings accounts. A person may spend an average of $ 20 per day from coffee, breakfast, lunch and snacks at work. These are $ 100 a week, $ 5.200 per year, $ 52.000 in 10 years. If you could pack your lunch, coffee and snack at least two days a week, you could save a third of this money and dedicate it to your financial goals like buying a house, buy a car, saving for retirement, etc.

Vices: Gambling, alcohol, drugs, cigarette …

Think about the things you spend money which you know you should not spend so much. If you have an addiction or think you spend too much money on these bad habits, you should think about the things that these services are preventing you make for your future. Although the money is secondary to the reasons why you should reduce these habits (your health, your family come first), your pocket is also badly affected. If you need help, seek it, “today can be a great day” as my namesake Joan Manuel Serrat.