Lifestyle: See 10 Habits That Makes You Broke Always

Lifestyle: See 10 Habits That Makes You Broke Always Breaking the cycle of poverty is no easy task, but it is possible. One of the first steps is to identify and break the bad money habits that are keeping you broke. Here are 10 habits that can make you broke always: 1. Not having (and living to) a budget A budget is a plan for your money. It helps you to track your income and expenses so that you can make sure that you are spending less than you earn. If you don't have a budget, it is easy to overspend and end up in debt. To create a budget, start by tracking your income and expenses for a month. Once you have a good understanding of where your money is going, you can start to create a budget that works for you. There are many different budgeting methods, so find one that you are comfortable with and stick to it. 2. Relying too heavily on credit Credit can be a useful tool, but it is important to use it responsibly. If you rely too heavily on credit, you can quickly end up