5 Habits To Avoid In Order To Be Financially Successful | Stoicism

5 Habits To Avoid In Order To Be Financially Successful | Stoicism

In this video, we dive into the world of financial success, look at 5 habits that prevent us from achieving financial stability, and learn how the principles of Stoicism, psychology and our behavior can affect our finances.

We'll start by looking at why living paycheck to paycheck is one of the most destructive habits and how Stoicism can help us develop financial discipline. Then we'll look at how to avoid impulse spending and manage risk using the principles of decision-making psychology.

You'll also learn the importance of developing a clear financial plan, how to avoid hidden costs and underestimating fees when investing, and the importance of regular financial audits for your financial well-being.

By using the philosophy of Stoicism, psychological principles of decision making, and understanding our own behavior, we can better understand how to create healthy financial habits and achieve financial success in life. Prepare for an exciting journey into the world of finance and self-discovery!

00:00 - Intro
00:18 - 1. Live from paycheck to paycheck
02:11 - 2. Excessive luxury
03:59 - 3. Not investing in yourself
05:55 - 4. Minimum payments on debts
07:44 - 5. Lack of a clear financial plan
09:36 - Conclusion

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