6 Smart Money Habits That Will Change Your Life

Written by Grace & Silas

We all need to learn smart money habits at some point in our lives. These can help us avoid any dangerous spending, debt problems, and to make the most of what we have. And by altering some of your existing habits, you might be able to afford more, or simply be able to put more money away each month than before. So give these smart money tips a try!

Ditch Debt

Paying off debts should be the first step to financial happiness. At each turn, don’t just remove debts, get rid of the possibility completely. So for example, pay off your credit card, then cancel the account entirely.

Avoid Credit Cards

While credit cards can be useful, they can also be awfully tempting. So instead, rely solely on your usual banking card and the money you have at your disposal. With high interest for late payments, credit cards can soon cause mounting problems rather than a solution to desperate situations.

Pay Bills on Time

No matter what, you should always ensure your bills are paid. This way, you won’t incur extra charges in the form of late fees. However, you do think you’ll struggle, it is worth giving the company or supplier a call, as they may be willing to be lenient if this is not a regular problem.


A budget is a lifeline to your money. It will help you see what you have coming in, as well as the money that is going out. This will help you save money, plan for occasions that require more money, such as Christmas or birthdays, and see where you could potentially cut costs and maximize your revenue.

Shop Around

Rather than sticking with one provider, you may find cheaper deals by looking around at different companies that do monthly services. And by doing this, you can compare prices for the best deal so that you are never paying a penny more.

Check ATMs

Rather than taking your cash out at the closest ATM, double-check it first. Some machines charge for withdrawals. For one transaction, that may not be too bad but, over time, this can add up. Why pay simply to access your money? Instead, go to one that offers free withdrawals.

Managing your money can be difficult at first but, by implementing better habits, it will soon become routine. This can help you to save more overall, as well as to stop haemorrhaging money unnecessarily.


Meet Silas & Grace

Silas and Grace always had a passion for travel. So in 2016, they started Chasing Foxes as an independent income source. 4 months after launch, they were making enough money from their blog to travel full-time, and in the past 5 years, they’ve been able to encourage others in their blogging journeys too. Learn more about Silas & Grace.

A grayscale side portrait of Silas and Grace Moser of Chasing Foxes kissing one another.

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