7 Effective Money Habits And Mindsets To Help Your Personal Finance Journey

One of the most popular, best-selling business and personal development books is Stephen Covey’s The 7 Habits Of Highly Effective People. In today’s post we’re leveraging that idea of habits and effectiveness to discuss 7 effective money habits and mindsets to help your personal finance journey.

A habit is defined as, “an acquired behavior pattern regularly followed until it has become almost involuntary”.

Based on that, we’re looking to build effective money habits that help us take control of our money and life through regular practice of them until they become an automated tool in our personal finance toolbelt.

The effective money habits headlined below are: Open Communication

Monthly Financial Review

The Abundance Mindset

Start Big Or Start Small, Just Start

Pay Yourself First

Invest In Yourself

Never Stop Learning

Personal finances are personal to each unique situation but the best practice of developing effective money habits carries across the spectrum. Finding a system that works for you to help take control of your money and life will be a key tactic in your financial journey.