Money Talks Podcast: Getting rid of toxic financial habits
If you are in debt or have poor spending habits, how do you break out of that cycle? Benny Ong from I Quadrant shares his journey.
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Some people develop bad spending habits due to stress, others learn them in childhood. How do we recognise these behaviours and more importantly, how do we get rid of them?
Benny Ong of investment advisory community I Quadrant shares his experience.
Growing up, I (wore) a very soft rule when it comes to money management ... in my mind it's called "it depends". It (became) a bad habit like "it depends, this month I'm feeling stressed, maybe I can save a bit less".
Jump to these key moments:
- 0:38 Financial news: Youtrip e-wallet limit increase, Red Sea attacks
- 5:12 Watching his father sink into credit card debt
- 7:06 Becoming a hoarder: New financial bad habits
- 14:00 Breaking free and building better habits
- 20:06 What's next after kicking away these toxic financial habits
Source: CNA/ta
