Elimination Of Bad Habits

There is a saying about slavery. People who are not well-to-do but continue to spend on luxury items, will end up being slave to comsumerism. If people are the wage-earner and do not own any income-generating assets, there is a danger that people will start to accumulate debts and eventually end up being bankrupt if he/she does not repay the credit card debt on time. I hear from some of these people that they barely had $5,000 in their savings after many years of working in the corporate world.

When people acquire a certain level of lifestyle over a long period of time, it will be difficult for him/her to break the habit.  However, if one is willing and determined to change the habit, it is possible for him/her to change the habits. Time will tell whether the determination of one is able to change the habits.

WTK

Author: firewtk

A middle-age Singaporean currently having a minimalist and simple lifestyle. I am not longer in full-time employment with effect from 1 May 2019. I try my very best to write one post per day on this blog. The purpose is to share my prevailing thoughts to interested readers. It is up to the interested readers to decide whether they want to take action in embarking on the FIRE journey. I do not gain anything from this blog and it is solely for sharing hopefully for the benefits of all interested reader. WTK

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