To lose weight without losing money in a gym membership
You may be bent upon losing weight this year (as you were in the past three years), and you may be sure you won’t stop going to the gym after three weeks (as you did in the past three years), but will you really? Stop lying to yourself. Do not pay the outrageously high gym membership fee this year.
Start walking. It will save you money.
And guilt.
To not buy life insurance sold by my wife’s cousin’s colleague’s friend
Do you become tonguetied or are pressured into acquiescence when you are accosted by a well-meaning acquaintance trying to sell insurance plans? This year, learn to mouth the word ‘no’. Do not consider ‘guaranteed income’, ‘assured return’, ‘money back’ traditional life insurance plans, which are not an instrument to invest.
They offer low returns, and do not provide adequate insurance. Buy pure protection term life insurance instead, and invest in other options that offer better returns.
To not have the same password or use ‘password’ as password for all my online accounts
If you thought you had surpassed the genius level IQ when you thought of ‘password’ as the password for your online account, or your kid’s name and birthday for other accounts, it’s time for a reality check.
Think different, do not repeat passwords, keep changing passwords every few months, and do not have the same password for all your accounts. If this is likely to take a toll on your brain power, download a password management app, or note these down in a safe place.
To not ruin my ‘Future’ with derivative trading when I have other investing ‘Options’
Whether you have been lured into Futures & Options by plain greed, or are feeling particularly bold about your investing