A lot of people keep some bad habits that just depletes the quality of their lives, and sadly, plunges their lives on a consistent downward spiral. That is majorly as a result of some habits I will be exposing you to, that’s if you aren’t aware of its effect on your life already.

Here are four habits that you should try your best possible to rid yourself of if you don’t want to live an aimless life, and constantly live broke.

1. Focusing on the present, putting little thoughts into the future

This is the order of the day. Fun, fun, fun, but not having a plan, purpose, or vision for the future. A lot of people want to watch all football matches, watch all the movies, and can spend ridiculous amounts of time on social media platforms just “having a good time” but this method can be detrimental in the long-run.

Maybe thinking about the future can be real hard work, but that’s the only way to help you better filter your present to give you that future you envision.

2. Spending more when you earn more

It is very common that people are consumed by greed when they have some more money in their possession. This is a habit of poor people. They just want to look rich. Unfortunately, they fail at even pulling that off. So, what’s the point of it all?

Be intentional about your finances instead. Let every money that goes out of your pocket be well calculated. Be also very purposeful about your earning. Make sure that you don’t just hold one job that you don’t think out other ways that you want to rake in more income for your upkeep.

3. Focusing on linear income instead of passive income

This one is what I actively preach against. You cannot work your way out of a job and even if you can (literally) because a lot of entrepreneurs tell you to “work hard”, you are looking at it from a technician’s view, and not entrepreneurially.

It’s safe to say that a lot of people have misinterpreted the rich’s definition of work. They keep slaving away for a boss, and not learning for themselves how to run their own businesses.

Instead, focus on building a passive income. Income that you get even if you don’t actively go to work. This, of course, is not easily built, as you have to put in the time.

4. Upgrading your gadgets

I see this a lot, too. Everyone wants to keep up with the latest toys. They make it a thing of pride to keep up with the latest gadgets of their favorite brands. The thing with this is that it speaks of someone who’s financially irresponsible, and speaks of someone who is driven by “stuff”.

Sadly, people like that always want to get what they want and when they don’t have the resources to get what they want, they go out and borrow some money to take care of that want.

A better approach is to switch the focus of what truly drives you. Switch from acquiring “stuff” to running with a purpose, and you’ll start to enjoy a more meaningful and purposed living.