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Five Bad Financial Habits That Are Signs of Trouble

Good financial habits don’t just happen. Like washboard abs, most people have to work to develop them. Racking up monthly charges on your credit cards without paying off the balance is a common bad financial habit. Not reviewing credit card statements is another.

But other, more subtle behaviors can be tip-offs to a disorganized financial life. Getting caught with a late fee because you lost or forgot about a bill points to a too-loose approach to finances. Avoiding financial decisions because you don’t know enough is another warning bell.