Tracking net worth monthly provides motivation and a comprehensive view of your financial health, both present and future.
Understanding whether you spend above or below your earnings helps identify financial strengths and weaknesses.
Discussing money with friends and family offers valuable insights and strategies, enhancing financial understanding.
Periodically review and adjust your asset allocations to ensure they match your target risk levels.
Establish manageable micro savings goals, like saving a percentage of your income or matching savings to habitual expenses.
Regularly contemplate your attitudes and values towards money to align them with your financial behavior.
End each day by acknowledging your good financial decisions to reinforce positive behaviors.
Avoid the trap of spending discovered "extra" money multiple times by being mindful of how you allocate unexpected funds.
Add dollar bills to your coin jar to accumulate more significant savings for your retirement fund.