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Money Talks Podcast: Getting rid of toxic financial habits

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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.

Benny.jpg

Benny Ong, co-founder of investment advisory community I Quadrant, watched his father sink into deep credit card debt. He shares his personal experience with toxic financial habits on the Money Talks podcast. (Photo: CNA/Tiffany Ang)
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".
Click to expand...

Jump to these key moments:

  • 0:38 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

Find more episodes of Money Talks here.

A new episode of Money Talks drops every Tuesday. Follow the podcast on Apple or Spotify for the latest updates.

Have a great topic for us? Drop the team an email at cnapodcasts [at] mediacorp.com.sg

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