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However, making some sacrifices and changing how youmanage your moneycan lead you to a better financial situation.
In a recentYouTube video, money expert George Kamel suggested doing these seven thingsto become financially healthy.
If youre worried about discovering something unpleasant, you might hesitate to look at your money.
But those unpaid bills, high balances and other problems will remain.
Paying attention and being active with your finances will keep you informed and more accountable.
He also talked about how spouses should communicate openly about money and share bank accounts, budgets and decisions.
Be Intentional With Purchases
Impulse buying is a common habit that hurts your financial health.
In fact, as reported byRamsey Solutions, Americans on average spend $150 per month on impulse buys.
Working on avoiding purchases outside your budget is smart.
The rest can go toward intentional spending and other goals.
That way, unexpected expenses will be more like inconveniences rather than disasters.
Insurance policies also provide important protection for your wealth.
Ignore What Others Think
Financially healthy people dont care what others think.
According to aLendingTreesurvey, 51% of Americans admitted to overspending to impress someone.
Keep your eyes on improving your financial health and be careful who influences you.
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