{"id":2174,"date":"2013-01-07T15:10:59","date_gmt":"2013-01-07T20:10:59","guid":{"rendered":"http:\/\/www.billlosey.com\/?p=2174"},"modified":"2013-01-07T15:10:59","modified_gmt":"2013-01-07T20:10:59","slug":"retirement-expert-bill-losey-reveals-10-bad-money-habits-to-break","status":"publish","type":"post","link":"https:\/\/billlosey.com\/knowledge-center\/retirement-expert-bill-losey-reveals-10-bad-money-habits-to-break\/","title":{"rendered":"Retirement Expert Bill Losey Reveals 10 Bad Money Habits To Break"},"content":{"rendered":"<p><strong><em>Bill Losey, America\u2019s Retirement Strategist\u00ae and 401(k) rollover expert, published a new article offering ten money habits that should be broken in the new year.<\/em><\/strong><\/p>\n<p><strong>Saratoga Springs, NY. \u2013 January 7, 2013 <\/strong>\u2013 Bill Losey, author and <a href=\"https:\/\/www.BillLosey.com\">retirement expert<\/a> and advisor, recently wrote an article detailing ten harmful money habits. In this article, found on his website <a href=\"https:\/\/www.BillLosey.com\">https:\/\/www.BillLosey.com<\/a>, titled <a href=\"https:\/\/billlosey.com\/articles\/10-bad-money-habits-to-break-in-2013.php\">\u201c10 Bad Money Habits to Break in 2013&#8243;<\/a>, Bill explains how these ten habits can hinder your retirement plans, and why you should try to break them as we head into 2013.<\/p>\n<p>Bill writes, \u201cDo bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns year after year. If you sometimes succumb to these financial tendencies, the New Year is as good an occasion as any to alter your behavior.\u201d<\/p>\n<p>Five of the ten habits that Bill warns about include:<\/p>\n<ul>\n<li>Lending money to family and friends<\/li>\n<li>Spending more than you make<\/li>\n<li>Saving little or nothing<\/li>\n<li>Living without a budget<\/li>\n<li>Frivolous spending<\/li>\n<\/ul>\n<p>On \u201cspending more than you make,\u201d Bill writes, \u201c\u00a0Living beyond your means, living on margin, whatever you wish to call it, it is a path toward significant debt. Wealth is seldom made by buying possessions. Today\u2019s flashy material items may become the garage sale junk of 2025.\u201d<\/p>\n<p>On \u201cfrivolous spending,\u201d Bill warns, \u201cAdvertisers can make us feel as if we have sudden needs; needs we must respond to, needs that can only be met via the purchase of a product. See their ploys for what they are. Think twice before spending impulsively.\u201d<\/p>\n<p>To read the entire blog and learn about the other five damaging habits, please visit <a href=\"https:\/\/billlosey.com\/articles\/10-bad-money-habits-to-break-in-2013.php\">https:\/\/billlosey.com\/articles\/10-bad-money-habits-to-break-in-2013.php<\/a><\/p>\n<p>Bill Losey is a nationally known and respected retirement expert, specializing in 401k rollover advice, self-directed IRA rollovers, 401k direct rollovers, and many other investment and retirement strategies.\u00a0 Bill\u2019s company, Bill Losey Retirement Solutions, LLC, is an independent registered investment advisory firm that caters primarily to\u00a0couples as well as divorced and widowed women <em>nationwide<\/em> (age 50-70) who demand objective financial and retirement advice; customized, fee-only\u00a0investment management; attention to detail; and impeccable service.<\/p>\n<p>Other recent blogs written by Bill Losey include <a href=\"https:\/\/billlosey.com\/articles\/big-spenders-vs-big-savers.php\">&#8220;Big Spenders vs. Big Savers&#8221;<\/a>, <a href=\"https:\/\/billlosey.com\/articles\/ways-to-increase-your-social-security-income.php\">&#8220;Ways To Increase Your Social Security Income&#8221;<\/a>, and <a href=\"https:\/\/billlosey.com\/articles\/5-ways-to-make-your-retirement-savings-last.php\">\u201c5 Ways To Make Your Retirement Savings Last,\u201d<\/a> among others.<\/p>\n<p>Each issue of Bill Losey\u2019s award-winning free weekly email newsletter, <em>Retirement Intelligence\u00ae, <\/em>reveals\u00a0how-to-articles, secrets,\u00a0investment ideas, a &#8220;Joke Of The Week&#8221;,\u00a0fitness and\u00a0diet\u00a0tips,\u00a0and promotes upcoming seminar dates to keep subscribers \u201cin-the-know.\u201d\u00a0 Bill and his staff seek to provide informative and entertaining information readers can use to simply and confidently enhance their health, wealth and happiness.<\/p>\n<p>To learn more about Bill Losey Retirement Solutions, please visit <a href=\"https:\/\/www.BillLosey.com\">https:\/\/www.BillLosey.com<\/a> and <a href=\"http:\/\/www.MyRetirementSuccess.com\">http:\/\/www.MyRetirementSuccess.com<\/a>.<\/p>\n<p><strong>About<\/strong> <strong>Bill Losey, CFP\u00ae, CSA<\/strong><strong><br \/>\n<strong>America\u2019s Retirement Strategist\u00ae<\/strong><strong><\/strong><\/strong><\/p>\n<p>Bill Losey, CFP\u00ae, caters to women and couples (age 50-70) who seek to reduce post-retirement risk and generate a predictable, sustainable, increasing stream of retirement income they won\u2019t outlive.\u00a0 As a qualified professional in the areas of retirement strategies, personal finance and investment management, Bill has been seen and heard on hundreds of TV and radio stations such as FOX News, NPR, CBS News, CNBC, Business Week, TIME, AARP, U.S. News &amp; World Report, and Oprah &amp; Friends.<\/p>\n<p>Bill has over 20 years experience in the financial services industry and is a Certified Financial Planner\u2122 practitioner and Certified Retirement Coach.\u00a0 He is the owner of Bill Losey Retirement Solutions, LLC, a fee-based registered investment advisory firm serving a small nationwide clientele.\u00a0 Bill is the author of\u00a0<a href=\"http:\/\/www.retireinaweekend.com\/\"><strong><em>Retire in a Weekend! The Baby Boomer\u2019s Guide to Making Work Optional<\/em><\/strong><\/a> and he publishes <a href=\"http:\/\/www.myretirementsuccess.com\/\"><strong><em>Retirement Intelligence\u00ae<\/em><\/strong><\/a>, a free, weekly, award-winning newsletter that reaches over 5,000 subscribers worldwide.\u00a0 Formerly, Bill was the \u201cresident retirement expert\u201d on CNBC\u2019s \u201cOn the Money\u201d television program.<\/p>\n<p>In his leisure time, Billy, as his friends call him, loves to sing.\u00a0 He is an accomplished vocalist and has performed the National Anthem at Madison Square Garden, the Pepsi Arena, and other sporting venues.\u00a0 Currently Bill is the lead singer of a vocal duo called\u00a0<a href=\"https:\/\/billlosey.com\/music\"><strong>The New York Lounge Lizards<\/strong><\/a>. He has been married for nearly 25 years to his wife Tori.\u00a0 Together they have three sons, two dogs, and one fish.<\/p>\n<p>Learn more at\u00a0<a href=\"https:\/\/billlosey.com\/\"><strong>www.BillLosey.com<\/strong><\/a> or by calling 518-581-1666.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bill Losey, America\u2019s Retirement Strategist\u00ae and 401(k) rollover expert, published a new article offering ten money habits that should be broken in the new year. Saratoga Springs, NY. \u2013 January 7, 2013 \u2013 Bill Losey, author and retirement expert and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[20,21,22,23,24,25,26,27,28,15,29,30,31],"class_list":["post-2174","post","type-post","status-publish","format-standard","hentry","category-latest-news","tag-401k-direct-rollover","tag-401k-plan-rollover","tag-401k-retirement-rollover","tag-401k-rollover","tag-401k-rollover-advice","tag-401k-rollover-ira","tag-401k-rollover-retirement","tag-certified-financial-planner","tag-ira-direct-rollover","tag-retirement-advisor","tag-retirement-expert","tag-rollover-a-401k","tag-self-directed-ira-rollover"],"_links":{"self":[{"href":"https:\/\/billlosey.com\/knowledge-center\/wp-json\/wp\/v2\/posts\/2174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/billlosey.com\/knowledge-center\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/billlosey.com\/knowledge-center\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/billlosey.com\/knowledge-center\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/billlosey.com\/knowledge-center\/wp-json\/wp\/v2\/comments?post=2174"}],"version-history":[{"count":0,"href":"https:\/\/billlosey.com\/knowledge-center\/wp-json\/wp\/v2\/posts\/2174\/revisions"}],"wp:attachment":[{"href":"https:\/\/billlosey.com\/knowledge-center\/wp-json\/wp\/v2\/media?parent=2174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/billlosey.com\/knowledge-center\/wp-json\/wp\/v2\/categories?post=2174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/billlosey.com\/knowledge-center\/wp-json\/wp\/v2\/tags?post=2174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}