Beat Bad Financial Habits to Boost Savings
As we all have surely faced at various times in our lives, bad habits are tough to beat. “Breaking bad habits successfully depends on your readiness to act,” says Heidi Beckman, clinical health psychologist at the University of Wisconsin Hospital and Clinics. She also states that habits are most likely to be broken once you go past the “preparation stages” and into the action or realization stage. Unfortunately, this is most often too late. If we apply this thinking to our retirement savings, it is...
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