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CHANGE A BAD FINANCIAL HABIT
Which of the following factors has the MOST negative
influence on money habits:
a) family, b) friends or c) social media?
What percent of your daily
activities are habits?
ngpf.org 4/25/22
Q:
Behavioral Economics
QUESTION OF THE DAY
View blog post
A:
QUESTION OF THE DAY
Behavioral Economics
FOLLOW-UP QUESTIONS
1. Reflect on your day so far. What are some examples of habits that
have become part of your daily routine?
2. What are some money habits you have? What might you classify as
good habits?
3. Do you find it easy or difficult to change money habits? Provide an
example in your answer.
TAKE A FEW MOMENTS TO THINK ABOUT A
FINANCIAL HABIT YOU’D LIKE TO CHANGE.
THEN, ANSWER THE QUESTIONS BELOW.
WHAT IS THE FINANCIAL HABIT YOU’VE
CHOSEN? WHY DO YOU WANT TO CHANGE THIS
HABIT?
PROVIDE SOME DETAIL ABOUT THIS HABIT:
HOW LONG HAVE YOU HAD THIS HABIT?
HOW DO YOU THINK THIS HABIT STARTED?
HAVE YOU TRIED TO CHANGE THIS BEHAVIOR
IN THE PAST? IF SO, WHAT HAPPENED?
DESCRIBE THE HABIT AND ITS COMPONENTS (CUE OR
TRIGGER, ROUTINE AND REWARD) WITH A DIAGRAM
SIMILAR TO THIS:
Change a Bad Financial habit.pptx

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Change a Bad Financial habit.pptx

  • 1. CHANGE A BAD FINANCIAL HABIT Which of the following factors has the MOST negative influence on money habits: a) family, b) friends or c) social media?
  • 2.
  • 3. What percent of your daily activities are habits? ngpf.org 4/25/22 Q: Behavioral Economics QUESTION OF THE DAY View blog post
  • 4. A: QUESTION OF THE DAY Behavioral Economics
  • 5. FOLLOW-UP QUESTIONS 1. Reflect on your day so far. What are some examples of habits that have become part of your daily routine? 2. What are some money habits you have? What might you classify as good habits? 3. Do you find it easy or difficult to change money habits? Provide an example in your answer.
  • 6. TAKE A FEW MOMENTS TO THINK ABOUT A FINANCIAL HABIT YOU’D LIKE TO CHANGE. THEN, ANSWER THE QUESTIONS BELOW. WHAT IS THE FINANCIAL HABIT YOU’VE CHOSEN? WHY DO YOU WANT TO CHANGE THIS HABIT? PROVIDE SOME DETAIL ABOUT THIS HABIT: HOW LONG HAVE YOU HAD THIS HABIT? HOW DO YOU THINK THIS HABIT STARTED? HAVE YOU TRIED TO CHANGE THIS BEHAVIOR IN THE PAST? IF SO, WHAT HAPPENED?
  • 7. DESCRIBE THE HABIT AND ITS COMPONENTS (CUE OR TRIGGER, ROUTINE AND REWARD) WITH A DIAGRAM SIMILAR TO THIS: