What Is "The Worth" Of Your Potential Loss?
For a person with a lightweight Immune system, I guess it's always difficult for people to understand when I try to tailor my life quite differently than they might know. For example, I mostly do not take alcohol because of my health issues, secondly, because the addiction might leave a dent in one's pocket and finances especially when you consider the fact that it doesn't have a nutritional value.
This is the same with going clubbing, getting a tattoo, wearing a diamond tooth and so many other things, firstly, these things might compromise my health stances, but sometimes I'm happy I'm not indulgent in things like this because it doesn't just save me some unnecessary immune compromise, it helps me to save that money.
But This Is Not All
There's the aspect of addiction that comes with giving in to habitual practices that might seem harmless at the beginning, but with time we realize that these habits become addictions, which have now eaten deep into our finances. In reality, funding one's addiction can be very difficult especially when we consider the fact that it makes it difficult for one to channel their money or resources to handle other important aspects of their life.
I know people who take pills and substances that are harmful to their livers and kidney, but this isn't even the point I'm trying to make. The point I'm trying to make is that these pills are very expensive and here's the reason why some additions with no benefits still maintain their price value despite not having any real-time value. Addiction is expensive and this is because its consumption or whatever service it offers is inevitable.
A Case For A Perfectly Inelastic Demand
Because people always feel the urge to satisfy their addiction, the demand becomes perfectly inelastic meaning that no matter the price, they'll still go ahead to buy it. This isn't logical, first of all, we spend money on utility goods irrespective of the price because they're essential for survival and hence we often understand how human factor contributes to making the price inelastic.
For addictive practices, the price is purely based on the psychological value people place on it because the value is not universal and would vary from person to person. At the same time, I wouldn't say I haven't been addicted to other things in the past. Betting was one of them. In reality, I've never bet with my money before, but I've gotten some online promo that gave me money for betting.
Success Is Scary
In What Way?
I wouldn't say I got addicted but I was almost forced to load the account with my own money because I always lost all the money I could have won just at the brink of success and it made me try so many times. The truth is, most of the people who got this promo money loaded real money when they lost all that promo money and this is because people are always psychologically inclined to try again when they fail at the brink of success.
For someone who predicted 40 games and failed in only one prediction, they'll be forced to play again hoping they could mitigate the mistake they made the last time, this way, they'll keep on playing, although along the line they'll win, the motivation to betting is to win a few, sometimes it creates a mental justification even if had heavily lost in the past.
Although one can say the passion to make money can create addiction as well, we can key into the right things in life, and being overly involved might create an addiction making it difficult to see exhaustion even if it's obvious. My life is limited to default and something, I'm beginning to see a blessing rather than a curse, everyone who finds it difficult to utilize their mind and body to the fullest capacity would feel inadequate.
A cousin of mine likes expensive liquor and gin, however, he's hardly affected health-wise, which has prompted him to make it an addiction. However, he's ignored the money aspect, and sometimes he makes fun of the fact that my health condition makes it difficult for me to involve in excessive alcoholism.
The Quality & Freedom To Spend
However, sometimes we fail to understand that the freedom to spend isn't necessarily a good thing. Sometimes, we're restricted from activating our desires and excessive, but it's hard to consider that these restrictions might prevent illnesses that might leave a dent in our savings, insurance, or even our emergency funds. sometimes we just count only the things we lose but fail to also do so for the things we've gained.
Sometimes my physical limitations have made me find ways to prune my life in a certain direction and while many people might not see me as a big dreamer, I choose the stability that guaranteed me certain longevity.
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It is funny how we even invest on our death because of an addiction. This post just reminded me of smokers, who regardless of what is done to deter them, they still go ahead to pick their sticks. Nice post. Hope to write like you some day.
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Well smokers sometimes don't know they're addicted. I know a girl who's pretty young and she finds it hard to admit she's addicted to smoking. It's hard to be conscious about money and life, it takes discipline.
Well, people are unique, there might be styles of content you do better than me.
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Yea. True. Though, I'm experimenting and did my first experiential Leofinance post today
Taking substances like drugs and things that are not relevant are sometimes what we use to run most of our lives and we end up digging our own graves even with getting it.. imaging someone that is an ulcer patient and does not eat but instead smokes and he or she spends more money of getting Indian helm, such person should be ready to go to their grave soonest..
Hahaha, Omo, what can I say, I have ulcer, but hemp and gin is something I'll never do, no for a million dollars, people want to get high sha, they do not consider the consequences.
Exactly, you see that now.. where as they never knew they are digging their early Graves
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Thanks for curating
One thing about addiction is that it happens slowly and we seldom notice it. Deep inside us, we're depressed and would want to escape it but because we're emotionally and psychologically hooked on it, we're unable to stop. We gradually dig our graves with our own money instead of taking care of our health.
Well, consciousness is everything. A lot of people don't know they're addicted until it's too late for them.
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It's hard but I am so used to getting things conveniently that I don't know if it was worth the extra financial cost. I am just glad that I am not really addicted to smoking or alcohol and it's just limited to getting something like soda instead.
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Well, I'm so used to getting things conviniently as well though. However not everyone is as conscious and not even up up that extent. There are things we can get addicted to that might ruin us, alcohol and drugs are part of them?
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Addiction can never bring forth good fruit and it is a disease that eats slowly both financially and medically. We don't know how blessed we are when we don't have any addiction
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Hahaha you're right oh, anyways I can say I'm addicted to hive and splinterlands, I don't know if this is necessarily a bad thing.
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Well thought out my chief, it is a similar concept to what you discussed in your video. A big aspect of making money is discipline. Discipline to me is being a leader in my life. I am the boss and I am the employee, I tell myself to do things and I get them done. At least that is what I want it to be like but it is easier said than done.
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The online promo is the bait. Great trick on the part of the strategist 😂. You know that kinda reminds me of movies like squid game. The weak human factor will make surely them want more. And the bigger picture is a big mess, a web of destroyed destinies.
I've had a taste of addictions 😂 and each time what breaks me away from these habits is the fact that I can't let anything control me. I prefer to have the control over my life and decisions (after God of course). I know it can be way worse for people and I hope never to experience that.
And yeahh, the blessing. The physical limitation sure keeps you in check. We all have strategic systems set in place naturally to help us overcome these things but lack of discipline will still be the end of some people. Shit happens I guess 😂😂
Good write up but how can one stop addiction on the health part? Is it better to replace that thing you are addicted to with something softer, less scarier or it can be gotten rid of totally? There were times I was addicted to taking gaseous drinks,it was doing me no good which I think I had to stop but wasn't easy. So, I indulge in eating banana fruit to replace that gaseous drinks I was addicted to. It's being more than a year I last took coke,fanta,7up,Pepsi. In fact, anything gaseous mineral has become things of the past for now while right now I eat banana more than Monkeys🤣🤣🤣 which is still preferable.
Well, it's hard to replace addiction, but it's not impossible, sometimes the only way to quickly do so is to think about the fatality and the consequences of such actions, both health wise and the aspect of morality too. You've done the right thing as no amount of fruit taken is ever going to harm you. Great decision. However, the beginning of everything is to be conscious.
Yeah
Definitely!
🥂