No matter how much income you get every month, it feels useless if you have a bad habit in managing finances. Instead of getting more prosperous, it actually makes your financial condition worse.

Bad habits such as being unable to manage money, too wasteful or even too frugal may not only have an effect in the present, but also in the future.

In fact, the severity of the lifestyle related to finances, if unhealthy it will create a habit that is difficult to change. In the end, the amount of net income aka monthly salary you can be numpang through it, even worse can be dizzy because a lot of online debt accumulates.

Imagine if you already live in a household and have responsibilities to your spouse and children, but still have bad habits, such as not being able to manage finances? 

Whether you are single or have a family, the name of the bad habit is not maintained and you must stop. Because bad financial habits can hurt you, your future and even all your family members.

Don't get caught up in endless debt bondage. Dig a hole in the lid of the hole, impulsive shopping, no emergency funds, no savings and no investments.

Remember, it's not too late to change. You can change bad financial habits and change them for the better. 

5 Bad Habits That Are Disrupting Your Finances

1. Overspending

Believe it or not, the urge to shop is heavily influenced by momentary emotions. For example, in this day and age everyone has a hobby of online shopping. Check how many items you've put in the check out basket? 

If you review it, not all of these items you need. Especially when you see your favorite items again sale and the price becomes cheaper, it feels unfortunate not to buy it immediately.

Understand that shopping because it is driven by irrational things, without considering the needs, can make your finances fall apart.

Solution:

If you tend to be impulsive when shopping, whatever it is. Calm yourself first. Slowly, you have to try to deal with it.

The solution that you can try is to learn to refrain from frequently seeing e-commerce or social media checks that contain shopping toxins.

Try to think 3 or more times when going to buy a new item. Ask if you need it or just want to. Then also try not to buy discounted items for some time. How about, you can try it?  

2. Never Make a Financial Plan

You can never create sound finances and maintain financial security if you don't create a financial plan and be disciplined with it. Remember yes, financial plans are made to make it easier for us to see how much the flow of expenses to income in everyday life.

That is, by making a financial plan, you will also easily organize expense posts and know where your money runs or spent during this time. In fact, you can also make adjustments such as changing these distribution posts for the allocation of important things such as savings, emergency funds and investments.

Solution:

As a first step, start in a simple way that is to record every expense that has been made at the beginning of fitting after payday. Try to communicate this with your partner so that you both learn to manage finances.

Example: Create a financial plan managing a monthly salary of Rp3 million. He is married and has one child. Living with parents, already owning a vehicle (car / motorcycle) and have no debt. 

3. Overly Dependent on Credit Cards or PayLater

Credit cards and paylaters are here to facilitate financial transactions and if you are wise to use them, you can get good benefits.

Of course, you must understand that credit cards and payleters are the same as 'debt', which you must pay at a later date. If you are late to pay, of course there are fines that are not cheap. Therefore, you must be aware do not rely on all financial needs with credit cards and paylaters. Because it is the same as adding debt and debt in your life. 

Solution:

Be wise to use credit cards and paylaters. Pay off all existing debts. Try not to add new debt if the old debt has not been paid off. Remember yes, there are fines that are not cheap not to mention if until the default of credit card installments or paylater, credit score records in the bank can be bad. 

4. High Lifestyle Does Not Match Income

Today's lifestyle can indeed cost a lot of money. Especially if you have to go to luxurious places to eat or just hang out in a contemporary café. Not to mention the items used must be branded alias branded which is certainly not cheap.  

Are you one of those people who have been fond of living a luxurious lifestyle? but the budget aka salary is still mediocre. Of course, dizziness is not playing to meet the needs of such a lifestyle. 

Solution:

A high lifestyle is actually legitimate, as long as your income is also high and you are able to meet it. But, if you have to owe everywhere, of course it becomes a bad habit.

Change bad habits slowly. Be grateful for your life and what you already have. Reorganize your finances. Start planning your future well, for example, start saving for an emergency fund, and start investing.

Instead of living a luxurious life for content or to just show off to others but your finances are chaotic, you better live a simple life and have a lot of money in savings and investments.

5. Over-Prioritizing Personal 'Favorites'

Personal 'crazes' that become bad habits include drinking alcohol, smoking and gambling. It will make you spend a lot of money. It feels like you should try to quit the habit let alone bad things can affect health as well.

Solution:

Slow down, understand the importance of healthy living for your future. Reduce smoking, drinking alcohol and more. Start living a healthy life, eat healthy and drink plenty of water.

Love yourself and your money. For example, if you spend rp15 thousand every day to buy cigarettes. That means it has spent Rp450 thousand a month. Even though the money you can use to buy health insurance or life insurance for the relationship between yourself and your family. 

Change Bad Habits, Love Yourself from Now on!

Many bad consequences can be caused by doing bad habits that can make finances chaotic. If you don't want to feel it, stop doing the habit and change it by doing good things. The effect, not only will your life be happier, but your finances and future are also getting healthier.