3 Steps to Breaking Unhealthy Money Habits

3 Steps to Breaking Unhealthy Money Habits
Christies' auction house shows the “Oppenheimer Blue,” a rare fancy vivid blue diamond weighing 14.62 carat, in Geneva, Switzerland on May 12, 2016. FABRICE COFFRINI/AFP/Getty Images
The Associated Press
Updated:

Some bad habits affect our physical health, like smoking, nail biting, or eating too much junk food. But others take a toll on our financial health.

How do you know if you have unhealthy financial habits, and what can you do to build better ones? Take these three steps.

Dig Into Your Relationship with Money

Relationships with money are complex. It isn’t always easy to identify financially unhealthy behavior. But there are some signs you can look for. Common problem areas include spending more money than you earn, neglecting to start an emergency fund, and not saving for retirement.