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Stock Up the Swear Jar: Banking your Bad Habits

banking your bad habits

While kicking your bad habits can be tough, a slip up here and there doesn’t always need to be a bad thing. Sure, falling off the wagon is not great for your ultimate goals, but your chosen form of discipline could provide other benefits.

Sticking with the tried and tested, the swear jar is a classic bad habit punishment strategy. By throwing a dollar in the glass every time you use bad language – either at home, at work or in front of the kids – you could soon see the coins mount up.

This is a great savings technique as it not only encourages you to put money aside, it can also help you cut back on the habits you’d prefer to lose over your cash. To build your money reserves a little faster, here are four more ideas that can help you kick a bad habit and improve your bank account balance simultaneously:

Impulse purchase pitcher

Depending on your money personality, your biggest, baddest habit could be spending a bit too much every time you go out shopping. Are you a sucker for impulse buys?

If you find yourself reaching for the credit card when shown a flashy deal, an impulse purchase pitcher could be ideal. Try adding the equivalent of any unnecessary purchases to your jar and you will soon see the dollars and cents climbing!

Skipped exercise sack

Find it hard to get off the couch and into the gym? Is a rainy day likely to put you off your run? Exercising is tough, but a missed workout doesn’t have to mean feeling guilty.

Instead of berating yourself or giving up altogether, try adding a few coins to your skipped exercise sack to belay the bad feelings and increase your savings wealth.

Bad diet choices caskbanking your bad habits

For those trying to improve their health, a balanced diet can be an important step in the right direction. But the sweets, cakes and fast food remain as tempting as ever.

If you trip up and find yourself splurging on a sugary snack or fatty meal, you can minimise the chances of it happening again by reprimanding yourself in a healthy way. Crack open your bad diet choices cask and add the equivalent price of the food to show how much the slip up really costs.

Sneaky cigarette cistern

Quitting smoking is a great way to improve your health and minimise your expenses. Cigarettes are costly, so a great way to kick this habit is to put the expense into more tangible terms. When you start craving, take out a few dollars and imagine them turning into smoke. Then, hide the cash in your sneaky cigarette cistern.

You may be surprised by how quickly the coins add up!

What bad habit money collectors do you suggest?

This blog post is for general information purposes only and is not intended as financial or professional advice. It has not been prepared with reference to the financial circumstances of any particular person or business and should not be relied on as such. You should seek your own independent financial, legal and taxation advice before making any decision about any action in relation to the material in this article.


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