Vice

Went to a mate's house last night.
He and his partner had just finished a 14 hour shift at their business.
His partner had gotten smashed the night before, arrived 4 hours late, left early and was letting my mate do all the dinner prep whilst polishing off a second bottle. My mate was exhausted, and clearly stressed.

They haven't got enough money to do anything....no holidays, no repairs....nothing. Stuck.

They have a huge mortgage on a house that's worth 25% less than what they paid for it and its all a disaster.

I was talking to my wife on the way home and she said my mate's partner was spending $400 a week on wine and ciggies...while they barely has enough money to eat.

It then got me thinking to my own family who all sit around over a bottle of wine talking wonderful yarns.....but never achieving anything because their sitting around having too many wonderful yarns over bottles of wine......

It got me thinking about Vice....in this case alcohol....but it could be anything (coffee, TV, crackbook, crack, sugar, ...whatever). most of us have one or four...so..how have you managed it/avoided it/embraced it...and how has it affected your wealth so far?

Have you seen it doing bad things to your friends and family? If so have you managed to change their behavior at all?

No need to say what the vice is BTW...I just think Vice is something worthy of discussion as it is often overlooked in our strategies despite it affecting the outcome greatly.

 

My vice is coffee. If you combine the amount of money I spend, yes, it would have affected my savings. That said, I didn't drink coffee until I could actually afford it (and now addicted, can't go back to low paying job!). I make my own lunches when I can, easier than stopping coffee.
I don't drink alcohol

Family - gambling and smoking. No, dealing with a close family who have these addictions taught me that you can't change them if they don't want to.

 

For us we have always believed that if our reasons for wanting to create wealth are strong enough then no vice will get in our way. We don't smoke or gamble, have the odd beer every couple of months. Over the years there just hasn't been any other strong desire for something else other than to just keep on the same path and build wealth so we can achieve our dreams. Maybe that fire will burn out one day, don't know.. but it hasn't yet.

 

Your vice might be building wealth @Leo2413

When I'm bored I have bad habit of looking for trouble, like "maybe I should buy another property" or "maybe I should paint the IP wall myself" ... Usually ended up with "what were I thinking"

 

I enjoy good wines and bourbons... but decided spending $100pm on them wasnt good for my wallet or my liver so cut it right back

 

You're probably right!

Should be bored more often then

 

I only started coffee when I can afford it.... Don't have that capability with playing houses yet! One day maybe

 

That's my coffee per month, probably a bit more apart from the alcohol I don't see an issue

 

Am I the only one that breaks the rules...drug, sex and rock in roll

 

Write the book, I'd buy it!

I'm with you on coffee.. it's our morning joy...we travel 6km from our home to this place that does aaaamazing coffee !

 

I enjoy good coffee too, one of my clients is a roaster and their beans are superb

 

Careful that could damage your teeth

 

Rock in roll is not a type of dancing?

 

Rock 'n' Roll

 

Alcohol
Women
Money
Power

Rich women with powerful alcohol

Also coffee, because I'm not a morning person, or an afternoon person

 

I am not so happy I paid $8 for a glass of wine at my RSL tonight... It didn't even taste good... it was supposed to be moscato but I am highly dubious.

Other than that I try not to drink coffee, it affects me badly.

 

Coffee or occasional drinking are not vices.
Most people with a real vice wouldn't be publishing it here (eg gambling, prostitutes, adultery, heavy drinking, illegal drugs).
I have certainly seen alcohol kill a few friends and close relatives, but I also know a few that were able to escape it.

 

My favourite vice.

 

Anyone who lives and/or works in any "blue collar" suburb will see hundreds of examples of this every single day..

Not so much an excess of wine and ciggies; a total life of bad choices combined with not enough income - on rubbish such as their cars, tattoos, ciggies and grog of course, gambling...the list is endless.

And they invariably hate and/or resent the Boss, the Gubb....the rich.

My vice is wine, and chocolate...daily.

 

I'm lucky as my boss bought a 5k coffee machine for the office.. If we fail in business we can always sell coffee now haha