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Do you have a bad habit? One that can kill you? No? Maybe you’re part of the 80% of people who don’t know they have this bad habit.
Do you have the courage to read on or will you just be a part of the 80% statistic?
What is a habit?
HABIT hab-it –noun. An acquired behavior pattern regularly followed until it has become almost involuntary
Usually we do these habits unconsciously like putting your pants on with the right leg first, or flicking your long hair over your ear.
We all know that there are good habits and bad habits. The problem is, the difference between a good habit and bad habit is sometimes blurred by our dominating beliefs.
Now here’s one habit as an example: Saving money in the bank.
A lot of people (80% actually) will tell you that this is a very good habit. This is based on the belief that money in the bank is saved for a rainy day.
Now the thing about habits is, usually they are based on past experiences or the things that credible people have taught us. They are based on old information.
So why does the 20% say that saving your money in the bank is a bad habit? Several reasons. Here’s three:
- Inflation. The devaluation of money is faster than the interest rate given by your savings account or time deposit. The purchasing power of your money gets less every year. So you’re actually losing money.
- Money is the blood of the economy. This is very literal. As the blood/money flows, the economy gets better. Now, for example, you cut off blood circulation to your hand. What happens? It slowly dies. The same goes for the economy. If everybody saves and stockpiles money the economy will die.
- Ignorance. If a person just piles their money in the bank then how will they learn to handle it properly? There’s a lot more to money than just working for it and saving it. Just ask anyone with a business or attend a money workshop. An easier and more effective way of making money might be out there just waiting for you to look for it.
More knowledge about money might give you something better to look forward to than retiring at 60 and living on your savings.
Bad Habits are there usually because of ignorance or misinformation. And for a lot of people, this is the ONLY THING holding them back from success. Just ONE CHANGE OF HABIT can lead to living a life in freedom and happiness.
So do you have the courage to find out if you have bad habits that you’re unaware of? Or will you kill your potential by assuming that you know it all?
Our public workshops are designed to make you aware of your bad habits and give you ways on how to improve them or replace them with a good habit. And procrastination is also a bad habit. So if you're gonna find out then its always better to do it now so you CAN MAKE THINGS BETTER.
Will you be part of the 80% statistic? Or will you make your own future? You decide.
.:GYD:. Grab Your Dreams
Japo Domingo | Entrepreneur, Financial Literacy Advocate, Business Coach
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This blog is an original composition. The blog or any portion of it may not be reposted or copied without the owner's permission. - Japo Domingo, 09172594804
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