Why are so many people so bad with money? In many cases, the problem can stem from spending habits that have developed over time. Perhaps your parents weren’t great with money and set a poor example. Or maybe you’re having problems in other areas of your life and you spend money as a way to feel better about or forget those issues. No matter the underlying reason, these spending tips can help you avoid bad habits and get your finances back on track. 

Look for freebies 

You might be surprised by how many freebies are out there and available to those willing to look for them. For example, if you’re thinking about joining a gym but worried about the cost, check your employer-provided healthcare plan. Many employers incentivize employee health and wellness by offering free gym memberships or access to other fitness activities. Even if you don’t get a free gym membership, look for other ways to get fit. For instance, taking a brisk walk once a day can do wonders for your health and it won’t cost a dime. 

Take a deeper look at your spending habits 

Poor spending habits are often so ingrained that many people don’t even notice them. When you receive your paycheck, document it and how it’s spent. Keep track of bills as well as purchases you make, whether that’s for entertainment, groceries, or something else. Track your finances for a month and then review the data you’ve gathered. Where are you overspending? Where are some areas where you can cut back? Look at things like online subscriptions that you don’t use anymore and cancel them to save more money. 

Hold quality above brand names 

Buying cheap items isn’t always in your financial best interest. While less expensive, cheaper items need to be replaced more often. In the same token, brand name, designer items aren’t always the best quality. In this case, look for items that are of good quality but not flashy or overpriced. Investing in quality, and not a brand, ensures your belongings will stand the test of time.