5 Money Habits That Will Keep You Broke Forever

Achieving your financial goals depends on eliminating these habits

Victor Mong
6 min readNov 19, 2022
Photo by Tima Miroshnichenko from Pexels

Your money habits determine your financial health and, in turn, your quality of life.

Being constantly beaten down by money worries impacts your sleep, self-esteem, and energy levels. It also leave you feeling angry, ashamed, or fearful and increases your risk of depression and anxiety.

However, most people don’t realize their bad money habits are responsible for their never-ending money worries. As CouponFund’s survey shows, 70% of people cite bad spending habits as one of their most harmful financial weaknesses.

Bad money habits prevent you from achieving your financial goals and negatively affect your life. 42% of American adults say it impacts and even worsens their mental health.

The key to financial freedom is not simply earning more money or having a large sum of money in your savings account. It’s about taking control of your finances, which starts with changing your bad money habits.

Why? Because no matter how much money comes your way, your financial goals will remain unachievable if you don’t overcome these bad habits about money.

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Victor Mong

I write about human potential, building a life you want & mastering your mind || info.victormong@gmail.com