3 Your habits could impair your spending choices

In addition to the social factors that affect the way we make financial decisions there are several bad habits that can impact adversely on our decision-making. Now you will look at some of these behaviours.

The figure shows a clipboard with a piece of paper inserted to it. On the paper is written ‘Understand your spending habits’. Around the clipboard are some bank notes and a calculator.
Figure 2 Are your spending habits causing problems?