“It takes 21 days to form a new habit.” How many times have you heard that one before?
The Mogo Blog
Everybody has habits, right? There are good habits, and bad habits, and everything in between. The question of the day is: How much do your habits cost you? Nah, I don’t want you to quit everything to save money – that’s not what this article is about. Instead, just ask yourself what your habits (good and bad) are and how much they run you each month. For example: I’m a coffee fanatic. I stopped getting lattes a long time ago because I was spending over $30 a week on them, not counting gas. I didn’t want to give up the coffee though, so now I spend about $15 a week on good coffee and creamer. Total Savings: $720 a year. Wow! It adds up fast doesn’t it? In case you’re wondering about the math there: $30 a week x 4 weeks per month = $120 a month $120 a month x 12 months = $1440 a year. By cutting my weekly expense in half, I saved $720 a year. I’ll warn you though; playing the habit game is habit forming! Once I realized how much I was saving by making small compromises (not doing without, just