This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

The Cost Of Workaholism

Thinking about all this, I remembered the article I wrote on  workplace gratitude. While I still agree with myself, I might have written it differently had I been thinking about workaholism at the time. I might have added a disclaimer. It's one thing to put in 110 percent because having a good work ethic is important to you. But putting your entire life into your job because you're fixated on it and need it in order to  feel something…that is, I'm starting to realize, very unhealthy.

What I'm doing about it

Communicating

Not only does communicating this issue make it more real to me, it also keeps me from engaging in workaholic behavior. For example, Brian knows and agrees that I have an issue, so when my work email dings at dinner, I don't pick it up because he's looking at me like I'm some of kind of fiend.

Setting boundaries

Recently, things were becoming so overwhelming that I had to drop a client - this wasn't easy. It wasn't a huge loss income-wise, but it was still tough. Maybe because of how I grew up, this was like looking a gift horse in the mouth. But I did it; I politely said “no” and thereby set a boundary for myself.

Disconnecting

Part of the reason the statistics keep climbing, I think, is that technology makes work so accessible. Even if you don't work from home, you likely take your office with you. I've started to disconnect. I've disabled email on my phone, for example, and set my laptop to automatically go to sleep.

Work is important. A career is important. I'm certainly not suggesting neglecting either one. But personally, I've gone overboard, and ultimately, I guess it stems from a fixation on building wealth. And I'm still intent on building wealth. But while I do think hard work pays off, I've found that an obsession with it can backfire and end up costing you instead.

null
3 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,075.00 +44.79 0.25%
S&P 500 2,089.83 +7.95 0.38%
NASDAQ 4,802.1270 +28.6550 0.60%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs