Judson Brewer: A simple way to break a bad habit

Written and accurate as at: 10 April 2017

Aristotle once said, “We are what we repeatedly do”, which may be why breaking bad habits and replacing them with good ones is sometimes easier said than done. Psychiatrist Judson Brewer provides us with a simple tactic, ‘mindfulness’, to combat bad habits that may be hindering us from reaching our future goals.

When it comes to your personal finances, a range of habits may be holding you back: keeping up with the Joneses, impulse buying and using credit to fund your lifestyle, neglecting debt management basics, not putting surplus income to good use and no retirement planning. Set aside some time to better understand and take control of your money personality.