The Most Valuable Habits For Debt-Free Living

How do you live a debt-free life? First, you need to adopt the habits associated with smart fiscal living and cease with the unsustainable behaviors.

If you want to be debt free you have to act like it. That's the basic summary of A.J. Smith's list of tips for living within your means currently posted over at Marketwatch. The article runs through ten key habits and behaviors shared by financially responsible people. These include a keen attention to detail and an ability to do one's own research into financial matters. Those who comb through their statements every month are much less likely to run into trouble down the line. The same goes for folks who don't just punt their finances to family members or accountants.


Smith's list also includes certain habits related to personal values. For example:

"10. They value experiences over stuff

Debt-free people aren’t focused on things. They value experiences more than having the latest things. The average person will list family and friends high on what they value. But are your choices reflecting that? If you are working extra hours to pay for a fancy meal with the family, think about the trade-offs. Would you be better off not working late and having two (or five or 10) meals at home with the family?"

Take a look at the full article (linked again below) and let us know what you think of Smith's list. Is there something missing that you swear by? Tell us in the comments below.

Read more at Marketwatch

Photo credit: Rob Hyrons / Shutterstock

LinkedIn meets Tinder in this mindful networking app

Swipe right to make the connections that could change your career.

Getty Images
Sponsored
Swipe right. Match. Meet over coffee or set up a call.

No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.

Keep reading Show less

Can the keto diet help treat depression? Here’s what the science says so far

A growing body of research shows promising signs that the keto diet might be able to improve mental health.

Public Domain
Mind & Brain
  • The keto diet is known to be an effective tool for weight loss, however its effects on mental health remain largely unclear.
  • Recent studies suggests that the keto diet might be an effective tool for treating depression, and clearing up so-called "brain fog," though scientists caution more research is necessary before it can be recommended as a treatment.
  • Any experiments with the keto diet are best done in conjunction with a doctor, considering some people face problems when transitioning to the low-carb diet.
Keep reading Show less

A world map of Virgin Mary apparitions

She met mere mortals with and without the Vatican's approval.

Strange Maps
  • For centuries, the Virgin Mary has appeared to the faithful, requesting devotion and promising comfort.
  • These maps show the geography of Marian apparitions – the handful approved by the Vatican, and many others.
  • Historically, Europe is where most apparitions have been reported, but the U.S. is pretty fertile ground too.
Keep reading Show less

Want to age gracefully? A new study says live meaningfully

Thinking your life is worthwhile is correlated with a variety of positive outcomes.

YOSHIKAZU TSUNO/AFP/Getty Images
Surprising Science
  • A new study finds that adults who feel their lives are meaningful have better health and life outcomes.
  • Adults who felt their lives were worthwhile tended to be more social and had healthier habits.
  • The findings could be used to help improve the health of older adults.
Keep reading Show less