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When it comes to money, certain habits can keep you far from achieving financial success. If you find yourself falling into any of the following 15 habits, it’s time to make some changes.

1. Not budgeting or tracking your spending

If you don’t know where your money is going, it’s very difficult to save. You need to be aware of your spending patterns in order to change them. Start by tracking your expenses for one month. Then, create a budget and stick to it. Keeping track of your finances can be a challenge, but it’s worth the effort. Stay organized by keeping all of your financial documents in one place. This will make it easier to track your progress and make changes when needed.

2. Paying only the minimum on your credit cards

Paying only the minimum payment on your credit cards will keep you in debt longer and cost you more in interest. It’s important to pay off as much of your balance as possible each month.

3. Making impulse purchases

Impulse buying can sabotage even the best-laid plans. If you see something you want, wait 24 hours before making the purchase. This will give you time to think it over and decide if it’s truly something you need.

4. Buying lottery tickets

Lottery tickets are a waste of money. The odds of winning are astronomically low, and you’re better off putting your money into a savings account or investing it.

5. Not having an emergency fund

An emergency fund is crucial for unexpected expenses, such as a car repair or medical bill. Aim to save at least $1,000 so you’re prepared when life throws you a curveball.

6. Keeping up with the Joneses

Trying to keep up with your friends and neighbors can be costly. Instead of comparing yourself to others, focus on your own financial goals.

7. Renting instead of owning

Renting is often more expensive than owning a home, and you’re not building any equity. If you’re ready to settle down, consider buying a home instead of renting.

8. Not saving for retirement

You need to start saving for retirement as early as possible. The sooner you start, the more time your money has to grow. If you wait until later in life, you may not have enough saved to cover your costs.

9. Eating out all the time

Eating out is convenient, but it’s also costly. If you eat out several times a week, you could easily save hundreds of dollars by cooking at home.

10. Not negotiating your salary

If you don’t negotiate your salary, you’re leaving money on the table. When you’re offered a job, be prepared to negotiate your salary and benefits.

11. Not comparison shopping

Comparison shopping can help you save money on everything from groceries to clothes. Before making a purchase, take some time to research different products and prices.

12. Not taking advantage of discounts

There are many ways to get discounts, such as coupons, sales, and loyalty programs. Take advantage of these discounts whenever possible to save money on your purchases.

13. Paying full price for items

Paying full price is like leaving money on the table. Always look for sales, coupons, and discounts before making a purchase.

14. Not using cashback or rewards programs

Cashback and rewards programs are a great way to save money. If you frequently shop at a certain store, sign up for their loyalty program. You could easily save hundreds of dollars each year.

15. Not having a side hustle

A side hustle is a great way to earn extra money. If you have some free time, consider starting a small business or freelancing. There are many ways to make money on the side, so there’s no excuse not to start a side hustle.

These are 15 money habits that keep you poor. If you want to become wealthy, you need to start by changing your money habits. Start by budgeting, tracking your spending, and paying off your debts. Then, focus on saving and investing for the future. With the right money habits, you can achieve financial success. Making even small changes to your money habits can have a big impact on your financial future. If you’re not sure where to start, talk to a financial advisor for help getting on the right track.