Why?

Why don't we develop good money habits - here are 10 simple habits for you to inculcate:
1. Start Early
As the old saying goes: The early bird catches the worm… or, in this case, gets to retire in style.  

2. Automate
Sett up recurring transfers on a regular basis from your bank account to your savings and investment accounts.

3. Maximise Contributions
The problem is that small efforts can lead to small results. You have to save like you mean it.

4. Never Carry Credit Card Balances
Revolving, high-interest debt is one of the biggest threats to your financial freedom.

 5. Live Like You’re Poor
Getting into the habit of spending minimally now will help you have a lot more later. The trick is adopting a “less is more” mentality. 

6. Avoid Temptation
The temptation to live large and beyond our means is all around us: TV, magazines, friends, family, colleagues, “the Joneses.” It is nearly impossible to escape the pressure to spend, spend and then spend some more. Force yourself to avoid negative financial influences

7. Be Goal-Oriented
Goals inspire us, motivate us and give us purpose. Many of us have common goals, such as paying off debt, buying a house and retiring by a certain age.

8. Get Educated
Successful investors take the time to study key financial concepts, learn the dos and don’ts and stay abreast of current trends.

9. Diversify Your Portfolio
Successful investors also know not to put all of their money eggs in one basket — or two baskets, for that matter. They spread their wealth across a variety of investments.

10. Spend Money to Make Money
It’s true that there’s a price to pay for wealth. The best way to protect yourself and get a step up on your financial goals is to first invest in a team of financial professionals. This means hiring a qualified and experienced financial advisor and accountant.