Who’s in control, you or your bad habit?
We all have them and we all have the power to break them. Don’t let breaking a bad habit be just another unfulfilled New Year’s resolution; take charge.
The worst thing about some of these bad habits is that they may be eating into your wealth and keeping you from creating your legacy.
In a study of 600 adults from the UK, the number one thing they said they would want to give up was: smoking. According to a an online health and lifestyle magazine, aside from the costly health problems that result from this expensive habit, “smokers spend more money on insurance and do not get satisfactory returns on the resale value of their cars and homes.” A good incentive to quit is to decide what you would like to do with the money you save by quitting.
A rather obvious bad habit that will definitely hurt your pocket is comfort spending. The first step to eliminating a bad habit is to admit you have it. How do you know if you’re a compulsive shopper? www.investorguide.com says:
“If you have clothing, gadgets or other items that you have never used or even removed from their original packaging, this is an almost guaranteed sign that you are making poor spending choices. If you have six of the same item but don’t remember purchasing any of them, this is another tell that you’re making thoughtless purchases.”
When you look at any “Top bad habits to break” list, you’re sure to find that almost half of them have to do with sedimentary lifestyles and poor eating habits. You can view quitting these bad habits like making an investment in yourself. You will not only in save on medical expenses, you’ll eliminate one more roadblock to success and happiness. Plus, you’ll feel more in control of your life and have less stress.