Use these sites to break bad financial habits

By Reid Kanaley The Philadelphia Inquirer

We all seem to do something wrong when it comes to money. Whether your problem is not saving enough, or investing in money-losers, these sites could help you begin to change.

Becoming a saver: There are three basic financial profiles, according to this entry at the personal-finance section on Tipcentral.net. You either spend more than you have, spend what you have or spend less; http://tinyurl.com/HabitTips.

Good habits: Here is a list of money habits to work on acquiring, from a site whose name is a mouthful, GetFinancialFreedom Tips.com. Impulse buying, overspending on gifts and using credit card convenience checks that come in the mail are among things to stop doing right now.

On the to-do side, pay bills promptly, have paycheck money go automatically into a retirement account, and check your credit reports annually; http://tinyurl.com/FinancialHabit.

Suppress, reward and automate: At Bankrate.com get some advice on how to suppress the urge to buy, how to reward yourself for good financial behavior, and how to automate bill-paying, saving and other financial activities to relieve you of the temptation to not do them; http://tinyurl.com/NoBadHabits.

Retrain your habitual brain: The rules for changing habitual activity apply outside the realm of personal finance too. This post at the site called Pick the Brain suggests trying out the theory that most any new behavior can become a habit if you concentrate on doing it for 30 days.

But writer Scott Young insists the idea might not work if you try to change more than one habit at a time.

Writing things down, telling friends and getting feedback are important supports for changing behavior, he says, and confidence is also key; http://tinyurl.com/BehaviorTips.