4. Save money consistently. Having secure finances is crucial. One unfortunate incident, such as blown transmission in your car, can be catastrophic if you don’t have any money in the bank. Keep in mind that you can’t work forever. Sooner or later you’ll be forced to live off your savings and social security.
• Start a savings account today and add to it each week. You can start small and, once you get into the habit of saving consistently, begin a program of increasing your savings.
• Start investing. A great start is an index fund. Find one that you can get into with small payments and add to your investment each month. You can get started with as little as $25.
5. Consider the actual value to you of your purchases. Buy things you need, rather than things you want due to the impulse of the moment. It’s difficult to save money if you routinely make unnecessary purchases. These items rarely bring true enjoyment anyway.
6. Make decisions. Making decisions can be scary and feel restrictive. You might not want to take that much responsibility for your life. But even a poor decision is often better than no decision at all. Without decisions, your fate is determined by luck.
7. Maintain friendships. Friends drift away unless you make an effort to maintain your friendships. As you get older, there can be fewer opportunities to make new friends. Keeping a friendship alive takes effort, but it’s less work than finding and nurturing a new friendship. There are few things better in life than an old friend.
A few bad habits can create a very hard life. A few effective habits can reward you greatly. Strive to develop habits that support your happiness. Be proactive, make your health a priority, use your time wisely, and be responsible with your finances. An exciting life with minimal distress can be yours.