Change bad spending habits in 5 steps | Your Brain on Money

Addicted to spending money you want to save? Here’s how to stop.

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About 40% of the things you do each day are habits. Because we don't maintain conscious control over our habits, bad ones can be hard to break.

Habits are a way for our brain to utilize fewer resources to accomplish a task that we perform repetitively.

Many of our financial decisions are based on habits. So, to make better financial decisions, we need to cultivate good habits.

0:00 Making your habits visible to you
1:22 The neuroscience of habits
3:13 What bad and good habits do people have?
4:43 5 specific actions to build better habits

Watch on Bigthink.com ► https://bigthink.com/series/your-brain-on-money/bad-money-habits/

We created this video in partnership with @MillionStoriesMedia

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