Personal Challenges & Habit Formation 2

This blog has always been finance and investment related, and I never shared much on the personal front. However, I figured I will share some of my personal goals that I have struggled with & achieved so far in 2018 — just because its something that I have been reading & thinking a lot about recently and find it interesting. My major personal goal for 2018 was related to habits (and habit formation). Over the years, I had fallen into some bad habits while letting go of the good ones; so I am making a conscientious effort to change things one month at a time.

These small incremental changes can have a profound effect over time. The benefit (and detrimental effect, in the reverse case) of compounding is something most investors are well aware of. Same concept applies to life and building those marginal gains and compounding them. This article from James Clear and the associated image conveys this point well.

You will notice that most of these challenges are health related. After finance, most of my focus & passion surrounds health. In addition, I am always looking to optimize things so that I can live longer and healthier life. I wrote about Jan-Apr update in spring. This is a follow up post revisiting all challenges since Jan + new ones from May-Aug.

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Personal Challenges & Habit Formation

This blog has always been finance and investment related, and I never shared much on the personal front. However, I figured I will share some of my personal goals that I have struggled with & achieved so far in 2018 — just because its something that I have been reading & thinking a lot about recently and find it interesting.

My major personal goal for 2018 was related to habits (and habit formation). Over the years, I had fallen into some bad habits while letting go of the good ones; so I am making a conscientious effort to change things one month at a time.

Lot of these challenges are focused on health. Something that I haven’t shared before on this blog is my interest in health. After finances, health is my biggest passion. As I get older (in late 30s now), I am reminded that I need to clean up my act and lead a healthier lifestyle if I want to enjoy the later years of my life.

I like to set myself monthly challenges because I figure whatever new things I want to try, I can work & struggle through them for one month. After the month is over, I can look back & re-evaluate on whether I want to keep the new habit going or discard it. This feedback step is crucial in habit formation. I used to follow this model years ago, but had stopped over the past 3-4 years. Continue reading