Find out what a micro habit is and how to use them to improve your financial life. They require minimal time, effort, and motivation, but can build up to huge, significant results when you make them part of your routine.
Daily habits lay the foundation for short- and long-term success with our health, wealth, and happiness, so it’s critical to carefully examine our repetitive behaviors and thought patterns. They’re either moving you closer to your goals or further away from them.
I’ll admit that breaking old habits and forming new, beneficial ones isn’t easy. But one way to create more financial success is to begin layering simple micro habits into your routine that require minimal effort and motivation to complete.
You already have many tiny daily habits, such as brushing your teeth or taking vitamins. Any small step that allows you to stop a negative habit or start a positive one is a micro habit.
They take up little time, but can build up to huge, significant results when you make them part of your routine.
7 Micro Habits That Create Financial Success
- Listening to 15 minutes of audio.
- Reading one page of a book.
- Going to bed 30 minutes earlier.
- Buying quality instead of quantity.
- Setting a spending waiting period.
- Automating your savings.
- Saying “no” more often.
Here's how to use these seven micro habits to create more professional and personal financial success.
1. Listening to 15 minutes of audio.
Everyone has 15 minutes of daily downtime, such as when you get dressed, shave, put on makeup, fold clothes, take a lunch break, or commute. That’s the perfect opportunity to listen to a great podcast or audiobook that improves your life.
No matter if you’re an employee or have a business or side gig, find audio content about your industry so you can stay up-to-date. Or seek topics like customer service, e-commerce, or marketing to find more customers and serve clients at a higher level. Choose anything you want to start doing better and find expert content that moves you forward with information and motivation.
When you surround yourself with positive information, it’s easier to stay informed and inspired. You never know where the information may take you.
The beauty of podcasts and audiobooks is that you can consume portions when you have small windows of time and then pick up where you left off. Start by listening to something new that interests you for just 15 minutes and see how you can incorporate it into your day on a regular basis.
When you surround yourself with positive information, it’s easier to stay informed and inspired. You never know where the information may take you. Listening is a fun way to make small, incremental life changes that make you a little bit better every day.
2. Reading one page of a book.
With so much digital and social media fighting for our attention, making time to read physical books can seem daunting. But reading the old-fashioned way has so many benefits that you don’t get from reading on a device.
Research suggests that reading electronic text can slow you down by 20% to 30% compared to the speed you read a real book. Feeling the paper and flipping pages creates a deeper sensory experience that helps reading comprehension and remembering what you read.
Create a micro habit to read just one book page a day. While this might seem like a ridiculously tiny goal, that’s the point. If you read one page, it’s likely that you’ll read several—but it’s okay if you don’t. Taking a long time to read a book is better than not reading one at all.
Build this micro habit into your early morning or nighttime routine. I love snuggling up with a good book to relax before going to sleep. Getting engrossed in a great book can help you learn, reduce stress, and be a signal to your brain that it’s time to wind down.
Consider alternating between fiction and nonfiction to round out your reading. To improve your finances, here are five book recommendations:
- The Truth About Money by Ric Edelman
- Pogue’s Basics: Money: Essential Tips and Shortcuts (That No One Bothers to Tell You) About Beating the System by David Pogue
- Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth! by Robert G. Allen
- The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley and William D. Danko
- Money Girl’s Smart Moves to Grow Rich by Laura D. Adams