Wellness Tip: Think about one spending habit you'd really like to change: Maybe it's the $50 you spend on work lunches each week. Maybe it's the fact that you can't seem to get out from under your debt. Then create a mantra designed to combat it, such as, “I only splurge on entertainment after I’ve paid my credit card bill in full." Better yet, write it down and pin it to your bulletin board, or snap a pic and make it the background on your phone.

10 Helpful Money Habits to Adopt Today: "Adopt a Spending Mantra
It turns out mantras aren't just for yogis anymore. A recent report by behavioral economist Dr. Hersh Shefrin shows that creating a financial rule of thumb to guide your spending decisions can actually help make us better money managers.

While scientists call them "heuristics," not mantras, they work specifically because adopting a personal belief we want to live by—even if we invent it ourselves—makes us feel guilty if we don't abide by it. "

'via Blog this'