3 habits of those who live complaining that they are broke by Steven Hoffmann Newt

According to Steven Hoffmann Newt, It is very common to find people who are always “broke”! They are not necessarily in debt, but they are always complaining that the “money is short” and that “there is nothing left at the end of the month”. Well, if you take a closer look at these people, you'll see that they have some characteristics in common.

We will describe 3 habits of this type of person. These are Steven Hoffmann general behaviors and are not necessarily linked only to monetary matters, but they deeply affect our financial life.

1) Search for Immediate Satisfaction
Some people have a tendency to seek immediate satisfaction and are unable to 'postpone' this need. They end up prioritizing the present over the future.
But this is not just a financial issue: the decision between taking advantage of the present or preparing for the future must be made in relation to several of our day-to-day activities. For example:

·         - Should I study for the algebra test now or take advantage of the sunny day and leave to study only on the eve of the test?

·         - Should I start doing my income tax this week or leave it until the last minute, when I will certainly go through the same rush as last year, when there was almost no time to deliver the declaration on time?

·         - I must go back to studying English now, when I am still not required to be fluent in this language, or wait until my boss says to me: “You have opened that excellent place abroad: how is your English?”

Those people who manage to control the momentum of their immediate satisfaction are, on average, people with a more stable financial situation and more profitable jobs.

2) Associating Consumption with Pleasure
Buying is always a pleasant activity, there is no denying that. But when this association of consumption with the feeling of pleasure becomes too great, we may have a problem. The purchase is made emotionally and not rationally. That is, the individual makes a purchase even without the need for the product or service. The important thing is the activity of acquiring something, this is what brings you satisfaction.
Steven Hoffmann Newt  explains This feeling is similar to eating something very tasty, with a sweet or some special food. Often we are not even hungry and our bodies do not need more food, but the pleasure of eating a good brigadeiro or chocolate is indescribable!
In fact, there is no problem in satisfying these desires and enjoying a beautiful pudding ... the important thing is to have it under control and do it only sporadically.

3) Lack of Discipline and Perseverance to Change
Changes are very difficult, especially in the case of financial problems. The constant lack of money has to be fought with a good dose of Financial Control and this requires a lot of discipline and perseverance. Steven Hoffmann Newt  define Discipline to control spending and eliminate immediate consumption habits, changing the way of looking at life from a financial point of view. Perseverance to continue with this control for life, even if the financial condition improves.
Most “broke” people even begin this control process, but often end up abandoning it a few months later.

Well, if you have identified yourself with some of the above habits, there is time to change! Don't sit around waiting for things to work out automatically. Einstein once said: "Insanity is to keep doing the same thing and expect different results".