So there are so many theories and strategies out there when it comes to handling money that are actually risky and unreliable.

So today I'm going to be sharing six habits or traps that you should never trust.

But more importantly, I'm sharing what you should do instead.

So be sure to like, subscribe,

and share this episode with a friend. All right, first up is using buy now, pay later methods.

These are things like after pay or Klarna. And whenever you are checking out now, there's always

this option to be like, hey, do you want to break up this purchase in payments? And the thing is, is it doesn't

feel like a big deal, but what that is is debt. You're not paying for something in full. And so you can

actually tend to overspend, and that is what they have found time and time again, is that people

end up spending so much more money and overspending when using these products. So not only are you

having to, gosh, pay freaking like for four months for a sweater when you choose this option, but also you look at the payment, you're like, oh, it's not that much. I'll add on a little bit more. I was playing on spending $70. But now it's like, oh, that's not too bad. It's only like, you know, $15, $18. I'll just add a little bit more. So don't do this, okay?

Pay for, it's like, oh, that's not too bad. It's only like, you know, $15, $18. I'll just add a little bit more.

So don't do this, okay? Pay for everything in full. Do not spread out your purchases in payments.

So what you want to do instead is save up and pay cash. Keep a monthly budget and understand,

okay, here are my expenses. and when you save up for something,

you spend it. If you need a monthly budget, that is going to help you so much to know where

your money's going, because it really takes your income. And when you're budgeting, you're

like, okay, where do I want my income to go? It's really you telling your money what to do.

If you need a great budgeting app, check out every dollar because it is fantastic.

All right, number two is opening store credit cards to get a discount. Yes, this is a trap where it's

like, hey, you want to save 10%, 15%, 20%, well, that turns into 25% interest, really, really

fast and it's not worth taking on additional debt for. So no. Say no to the

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