3 Tricks to Change Your Money Habits

• Add the habit you are trying to adopt onto a good habit that you already have.
• Commit to doing the new behavior for two minutes a day.
• Pair the new habit or something you don’t like to do with an action that you enjoy.

Three habits can help you improve your finances: 
 

1. Habit Stacking 

Add the habit you are trying to adopt onto a good habit that you already have. For example, let’s say you want to be better about setting a budget. If you already have the habit of checking your bank app when your paycheck direct deposits into your account then you can stack onto it by setting up your budget at that time.  
 

2. The 2-min rule 

Commit to doing the new behavior for two minutes a day. By doing something for a short amount of time frequently, you are slowly setting a habit. Plus, you will eventually find it hard to stick to just the two minutes that you committed to completing. 

3. Temptation Bundling 

Pair the new habit or something you don’t like to do with an action that you enjoy. For example, if you are the type to forget to pay your bills, then you could tie paying your bills to your favorite show of the week. You could log onto to pay all your bills right before your favorite show airs. Or, you could pay bills during each commercial break. Over time, you will associate an activity you actually like with the task that is necessary but not as fun.