13 habits that keep you from getting richer

2024 Author: Malcolm Clapton | [email protected]. Last modified: 2023-12-17 03:44

Get rid of them and you will notice the difference very quickly.

1. Spend every last penny

A dangerous habit that does not make you richer and leaves you in a vulnerable position. If you spend everything you get, you have no force majeure reserve. This means that if you lose your job or get sick for a long time, you simply will not have a livelihood.

What to do

Save at least 10% of every paycheck. So you will steadily increase your savings.

2. Store money under the mattress

You have heard a lot about deposits that burned out in the 90s and you think that there is no safer place to keep money than a house. From here they will not go anywhere. And this is a delusion. Physically, the bills will really stay in place. But because of inflation, it will be possible to buy less and less with them. As a result, your savings will melt before our eyes.

What to do

If you're afraid to invest, at least consider bank deposits. Choose large organizations whose clients' money is protected by the Deposit Insurance Agency. If something happens to the bank, you will be returned the Federal Law “On Insurance of Deposits in Banks of the Russian Federation” in the amount of up to 1.4 million rubles.

Of course, it makes sense to choose deposits with an interest rate higher than inflation Inflation in the consumer market.

3. Buying more food than you need

This is a complex problem. Food is not only a way to provide the body with energy, but also entertainment. Therefore, grocery shopping can be ruinous too.

For the sake of interest, somehow in the hypermarket, look into the neighboring carts. Some will have cereals, meat, dairy products, vegetables and fruits there. Others have the same thing, but also chips, packets of dried squid, several packs of sweets, bottles of lemonade, sausage and other products that can hardly be called food. Such an "addition" greatly increases the check, but it is very easy (and useful) to do without it.

However, even with a balanced menu, you can spend too much on food if you buy them in excess. As a result, the shelf life ends, the contents of the refrigerator deteriorate and end up in the trash can. The money is wasted.

What to do

Before going to the store, think over the menu and make a shopping list. Do not buy perishable food in excess. Limit the budget for the food you buy for fun based on your income.

4. Living in debt

If the phrase “Come on, I’ll borrow / take off a credit card” appears in your vocabulary, this is an alarming signal. It testifies to a frivolous attitude towards finance. Borrowing money is worth it only in extreme cases and not for everyday needs.

When you do not have enough money for ordinary expenses, there are only two ways out: spend less or earn more. Loans in such a situation are a sure way to make your financial situation even worse.

What to do

To get started, start writing down expenses to understand what the problem is. Usually, expenses that can be painlessly abandoned are even for those to whom it seems that he simply does not have enough for too much. And, of course, consider increasing your earnings.

5. Buy impulsively

Spontaneous purchases include everything that you did not plan to purchase. Succumbing to emotions, people, as a rule, buy what is not very necessary. Few people impulsively grab toilet cleaning liquid from the shelves. But in the basket - real or virtual - there may be the tenth bottle of shampoo or another computer game for which there is simply no time.

Impulsive buying will give you short-term pleasure, but the holes in your budget will remain for a long time.

What to do

Ideally, you should work out the problem with a psychologist: you use spontaneous purchases as doping and an easy way to get pleasure. This is a kind of bad habit, and you can defeat it if you understand why you constantly need such a shake-up.

However, if your addiction is not very serious, a simple shopping list and a ban on deviating from it will help. Unsubscribe from mailings of online stores and do not go to shopping centers unnecessarily - remove temptations.

6. Spending too much on entertainment

Planning, budgeting, and common sense often collide with the phrase "We live once." You end up spending money from your airbag on a vacation you can't afford, taking out a multi-year wedding loan, and shopping for your New Year's banquet as if you were eating your last meal.

What to do

Entertainment spending should be budgeted. Determine what percentage of your income you are willing to spend, and do not deviate from that number. Remember that saving on entertainment is not a shame, just like saying "I can't afford it."

7. Smoking and drinking

Bad habits hit the health and pocket. In 2019, a half-liter bottle of vodka cannot cost the Order of the Ministry of Finance of Russia dated December 14, 2018 N 267n less than 215 rubles. If you are not ready to drink the cheapest alcohol, the expenses will be significant.

It's the same story with cigarettes. If a person smokes a pack worth 60 rubles a day, then in a year he is wasting 21.9 thousand. A significant amount, especially for those whose monthly income is not much higher.

What to do

Quit smoking and drinking. In the future, you can also save on the services of doctors.

8. Have a car unnecessarily

If your job is not about driving, then the car does not bring money, but draws it out of you. Insurance, maintenance, repairs, gasoline, parking - if you count all the expenses, the amount comes out decent. And this is without taking into account that the car loses in value every day and you will never return the money invested in it.

At the same time, residents of big cities do not need a car so often. You can get there by public transport faster, and in the rare moments when you need your own car, it is successfully replaced by taxis and car sharing.

What to do

Calculate whether it is justified in your case to have a personal car.

9. Allow your rights to be violated

You consider yourself a person who does not like to make trouble, so you simply close your eyes to the violation of your rights. Be silent when you are weighed and cheated. Make repairs for your own money if neighbors flooded you. You do not require recalculation from the management company, although they were left without water for a week. So you not only lose money, but also put the pig on other people, because the perpetrators revel in their impunity.

What to do

Don't confuse kindness with passivity. It is normal to defend your innocence, as well as to fight against lawlessness.

10. Avoid criticism

When someone tries to talk about the result and the way you work, you take it with hostility. It seems to you that you already know everything. But with such a position, you are deprived of the opportunity to develop. From the outside, flaws can be seen better. The experience of a counselor sometimes opens up new horizons.

Thanks to constructive criticism, you can make work on mistakes and subsequently qualify for a salary increase.

What to do

It's really not worth putting up with empty insults and nagging. But people who are capable of constructive criticism are better protected: they help you learn and sell your work for more.

11. Blame failures on the injustice of the world

It seems to you that the people around you are more successful and wealthy because they are lucky. And fate is unfair to you, therefore, no matter what you do, nothing will work out. So you don't - you just wait for fortune to smile at you.

What to do

Certainly, there are people who were born in wealthier families, grew up in better conditions, and so on. But wasting time and energy comparing yourself to them is counterproductive. Based on your realities and think about how to make life better.

12. Surrounding yourself with the wrong people

This habit follows logically from the previous point. Let's say on Friday night you go to the garage for a "party" with your deprived companions to drink and complain about the injustice of the world. Or you meet with business friends who are gushing with ideas and are thinking about starting your own business. Which option can lead you to success?

What to do

Don't underestimate your surroundings. With proactive, motivated, active friends, you can do much more.

13. Underestimate Savings

Sooner or later, a comment will appear under this text: "How can I save money if my salary is 15 (20, 25) thousand rubles?" And then someone will add: "If you spend less, you will not become a millionaire." And all these are delusions that prevent you from becoming richer.

Saving frees up money that can be multiplied later. Someone opens a business on them, someone successfully invests. Having free funds is much better than not having.

What to do

Calculate how much you can save in a year and how it can improve your life. The results will be surprising.