I recently interviewed Morgana Rae, a financial coach who writes Abundance and Prosperity, about how we spend ourselves into balls of stress. She shared four habits to watch out for.

Bad habit No 1. Buying junk. Filing up on junk is easy, but leaves you with a stomach ache.

Bad habit No 2. Impulse buying. Morgana says 80 percent of what we buy is on impulse. We haven’t planned for it and that means we probably don’t need it. So if I decide to I need to buy a cup of coffee and the line is 10 minutes long, is that still considered an impulse buy? How long until a purchase transitions from impulse to planned?

Bad habit No 3. Emotional buys. You don’t want to buy from huge euphoria or depression. The stronger the feeling the stupider you become. Retail therapy can be expensive.

Bad habit No 4. Shopping unconsciously. Keep a spending journal so you know what you bought.  Morgana keeps a booklet in her purse or jots down notes on her smart phone. Then she writes it

What bad habits do you have or used to have? Tips for overcoming them?