Building better habits requires reminders.
Even a simple rubber band can help.
Personal finance site The Debt Myth describes how to use a rubber band to build new daily habits.
The concept is simple: place a rubber band on one wrist every day.
Always start with the same wrist.
After youve successfully done something towards your daily habit, move the rubber band to your opposite wrist.
This gives you a constant reminder about where you are with your new habit each day.
(Even if you did multiple money-related things the previous day.)
This trick can work for more than just paying down debt, though.
The best tricks are often the simplest.
communicate with the author at[email protected].
