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What is the Cost of a Bad Habit?

  • Broadcast in Finance
Guide to Financial Peace

Guide to Financial Peace


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On this we show we often refer to the opportunity cost associated with a particular action or inaction. 

What is the long term cost of a bad habit? These costs include physical, social and emotional as well as financial!

These bad habits include:

  • Obvious-Smoking, drinking or drugs .
  • Not so Obvious-Procrastination, video games, shopping, competitive life style purchases, etc.
  • Can You Think of More Examples?

The earlier we can correct bad habits the more time we have to recover lost opportunity cost.