How to Change Your Spending Habits
A version of this article originally appeared on Learnvest.com.
We all know the feeling after booking a flight to the beach or downing a second glass of post-raise celebratory champagne—we’re ready to spend.
Opportunities like this are around every corner. But tempting situations, whether a friend brandishing a weekend getaway or a store window showcasing the tablet of your dreams, don’t have to be a bad thing for your money. Instead, we can choose to see them as opportunities to make good spending decisions instead.
How? A few psychological tricks that will help you best your brain and form new, more helpful habits.
For advice on recrafting tempting situations into opportunities to exercise self-control, we spoke to Julia Galef, president and cofounder of the Center for Applied Rationality, and Syble Solomon, executive coach and creator of Money Habitudes, a game-like set of cards which helps start conversations about money.
They shared their best tricks to help us choose not to spend, even in some of the most tempting circumstances. Use their insight to help when you are …