By: Miranda Marquit
We often think about money management as something that happens separately from everything else in our lives, but nothing really exists in a vacuum. The truth is that our lifestyle habits can have a tremendous impact on the way we manage money. Live right and we will make the right choices. Live on the edge and our finances will suffer too. Here are three lifestyle habits that can make us worse at taking care of our financial resources:
1. Lack of Sleep
One of the biggest ways you can make yourself worse at managing money is to neglect your sleep.
Not having enough sleep could be a big problem when it comes to making decisions. Tiredness reduces your ability to think clearly and make sound judgments. On top of that, being tired lowers your willpower.