5 Habits That Will Inevitably Sabotage Your Finances
Money is an important part of our lives. We buy what we need with it, we fund our future with it and we support others with it.
Unfortunately, there are a number of bad habits that can sabotage our financial well-being. Some of these habits won't destroy our finances right away, but over time, we may find ourselves in a dire situation with little hope of recovery.
Let's take a look at some of these bad habits and how you can avoid or conquer them as quickly as possible.
1. Smoking. According to the CDC, "Tobacco use remains the single largest preventable cause of death and disease in the United States." Talk about bad for your finances and your health.
Let's pretend for a moment that the only cost from smoking is what hits your wallet -- not your lungs. OK, how much will you be spending?
Let's say that a pack of cigarettes costs you $4.49 -- although the price widely varies from state to state. And, let's say you smoke two packs a day. That's $8.98 a day.
