Breaking unhealthy habits and avoiding monetary break


Welcome to Clever & Rich: A weekly e-newsletter filled with confirmed concepts to change into smarter and wealthier. I ship this each Monday.

#44 – November 14, 2022

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Clever: Breaking unhealthy habits

I’ve tried many alternative methods to interrupt my unhealthy habits. However not one of the typical ideas and tips introduced me lasting success.

Right here’s an ordinary piece of recommendation: “Exchange a nasty behavior with an excellent one.”

However that didn’t work for me. That’s as a result of most unhealthy habits originate from our way of life, which is a end result of all our habits. 

So if you attempt to break one behavior, the remainder of your way of life stays intact. This implies it’s solely a matter of time earlier than you revert to your earlier routines. 

That is exactly why I imagine it’s best to alter your complete way of life for the higher. Break all of your unhealthy habits directly.

↳ Why You Can’t Break Your Dangerous Habits


Rich: Avoiding monetary break

Bernie Madoff, Elizabeth Holmes, Sam Bankman-Fried. Only a few massive names who financially ruined themselves, however extra importantly, additionally introduced the identical factor to others.

That’s a tragedy.

Can we keep away from that sort of monetary break? In keeping with one of the best traders of all time, Warren Buffet and Charlie Munger, the reply is sure.

One should keep of their “circle of competence.” In different phrases: When you don’t perceive an funding 100%, keep away from it.

Moreover, you’ll not solely keep away from massive monetary losses with that technique. Additionally, you will set your self as much as construct inevitable wealth.

If you keep away from break and massive errors, it’s solely a matter of time earlier than you get wealthy if you put money into what you perceive.

↳ To Construct Inevitable Wealth, Merely Keep away from Monetary Break


One attention-grabbing factor

To stay in steadiness in our pursuit of wealth, it’s good to be detached to the end result. That’s why I wish to learn Jap Philosophy, particularly, Jiddu Krishnamurti. Right here’s a quote:

“So long as there may be the need to achieve, to attain, to change into, at no matter degree, there may be inevitably anxiousness, sorrow, concern.”

This mindset neutralizes greed.


Thanks for studying! I hope you discovered this version of Clever & Rich helpful.

All one of the best,

Darius

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sagaciousthoughts
sagaciousthoughtshttps://sagaciousthoughts.com
I am Christian Nnakuzierem Alozie (Kris Kuzie Alozie). A native of Eziama Nneato in Umunneochi LGA, Abia State, Nigeria. I am an inspirational writer and a motivational speaker. And above all, a lover of charity.

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