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The Only 4 Spending Habits You Need To Live By

As someone who managed to pay off all my student loans within a year of starting my job, and went on to buying a house a year after that, I wanted to share some of my own spending habits that have helped me get to where I am today.

1 – Pay Off Debt, And Avoid Accumulating More

Pay off your credit cards each month; put extra payments towards your student loans (if you can); don’t take loans to buy things you don’t need.

2 – Pay  Yourself First

It means save first, invest second, spend later. This is probably the best spending habit you can develop for yourself.

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3 – Use Different Services To Your Advantage

There are ways to get money back, get free money, and earn discounts. Use them.

4 – No More Instant Gratification

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Wait before you buy; research before you spend; think before you splurge.

Spending Habits:  Final Thoughts

These good spending habits can make a huge difference in preventing overspending and improving your savings.

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