Brad was an incredibly bright young executive with a very promising future. Ever since graduating college, he seemed to take on increased responsibilities in his company like a duck to water. He married his college sweetheart, Nancy, right after graduation and has two small children. Brad's talent didn't go unnoticed in the industry, with several competitors approaching Brad about his willingness to join another firm. He steadfastly resisted, that is until the offer of all offers came his way.
ACME Corp, a larger and more prominent competitor to his current company, wined and dined Brad and ultimately offered him a VP position with a higher salary and better benefits. The offer was too good to pass up so Brad talked with Nancy about the job and they both became enamored with how this was going to advance Brad's career and what they would be able to do with the extra money. Brad joyfully accepted ACME's offer, gave his current company two weeks' notice, and started in his new VP role.
Within a year of joining ACME, he noticed some unexpected side effects of his new position. He was required to be in weekly global executive virtual meetings which could happen at any time of the day or night. He was routinely working 60+ hours a week, missing dinner with Nancy and the kids. He traveled at least once a week, many times to put out fires at clients. His eating habits were horrendous and he wasn't exercising due to his schedule. He began putting on weight. Nancy was frustrated with him not being around and his kids missed their daddy. The stress was unbearable and led to Brad one day grabbing his chest and collapsing during a customer meeting.
While the above story about Brad is fictional, each one of us knows of a Brad (or perhaps is Brad) who made a career choice without considering the effects of the extra stress. The American Institute of Stress (yes there is such an organization) has quantified the cost of stress to employers at $300 billion annually due to things such as absenteeism, accidents, turnover, diminished productivity, and medical costs. Add to that the personal costs of stress (i.e., poor health, weight gain/loss, sleep deprivation) and the relationship costs of stress (i.e., fractured relationships, friends or loved ones alienation, missed school plays), and you have a perfect storm of negative factors which make any kind of work-life balance virtually impossible to attain. In my 30 years of working with career professionals, stress typically takes a back seat to compensation and when considered, it is usually only a slice of the true stress level that the professional will endure. In the first ten years of my own career I saw stress as a given and gave it no consideration when evaluating career alternatives. This was a big mistake and a lesson I learned the hard way. Fortunately I learned it early in my career and was able to make some positive changes. However, some professionals never get it.
To help the professional evaluate the impact of stress when deciding on a career change, I've defined a comparative increase/decrease method to evaluate the impact of stress, based on three stress types:
(a) Relationship Stress
(b) Work Stress
(c) Personal Stress
For each stress type, a qualitative degree of stress is defined as follows:
1 - Minimal Stress
2 - Moderate Stress
3 - Significant Stress
In evaluating the impact of stress, each of the three stress types is assigned a value for the current and new job alternatives, then a comparative increase/decrease assessment is derived for each stress type. Let's put this to an example.
Lets say that a systems analyst (I'll call her Ann) is currently in a job paying $90,000/year and she's been offered a new position paying $100,000/year. On the surface, Ann likes the idea of a $10k raise and looks at the three stress types for each job, as follows:
Current Position
Relationship stress = 2 due to infrequent evening meetings only.
Personal stress = 1 due to ability to keep up with personal interests without sacrifice
Work stress = 2 due to some tight deadlines
New Position
Relationship stress = 3 due to evening meetings and four international trips/year to work with offshore developers
Personal stress = 2 due to having to alter exercise schedule, and having to drop book club
Work stress = 3 due to mission critical deadlines and regular status updates to senior management
When you look at the three stress types the following pops out about the new position:
Stress Type Current Position New Position Increase/Decrease
Relationship 2 3 Increase
Personal 1 2 Increase
Work 2 3 Increase
Ann is now faced with the following decision: Is the salary bump of $10k worth the incremental relationship, personal and work stress she'll endure? Depending on whatever other decision criteria Ann factors into her decision, the answer could be yes or no. Whether or not she takes the job is still her decision; what the process has done is forced her to consider the three stress types and derive data points in which she can use in her overall decision-making.
There are a number of important considerations for you to digest in using this methodology:
First, this is not an autonomic decision-making tool where the numeric answer is the sole job determinant. The impact of stress methodology is meant to bring relationship, personal, and work stress factors to the forefront of your decision making process.
Second, you need to be realistic about stress levels. "Wishing down" a stress level doesn't make it go away; it just sets you up for a letdown (or worse) after you've made your decision.
Third, you need to let your friends and loved ones come up with the relationship stress value and not assume a value for them. The real benefit in the methodology is the thought process and discussions you have along the way. Don't shortcut how your stress type values are determined or you'll miss out on some valuable nuggets.
Fourth, the methodology applies to any type of career change which involves new or different responsibilities, including promotions. Most of us are wired to blindly accept promotions without regard for the additional stress which may accompany the promotion.
Fifth, there will likely be stress in any job change; make sure you look at your steady-state stress level versus the "learning curve" stress level.
Your Go-Dos
When faced with your next career decision, follow these five steps to assess your impact of stress and help you decide on your career choice course of action:
Ask a lot of questions about the job and the degree of relationship, personal and work stress entailed in the job. Seek out others who may have done the job before or others who have some inside perspective.
Look at the job responsibilities (both stated and those you derive through interviews) and determine how much stress each of the responsibilities will create for you. Decide on a 1-3 work stress value.
Write down the personal activities and goals you have (i.e. exercise 4x/week, sleep at least 7 hours a night) and determine how the career choice would impact each of the activities and goals. Decide on a 1-3 personal stress value.
Openly discuss with your friends and loved ones what the career choice would mean in terms of impact to relationship time (i.e. not being home for dinner, availability to help with homework) and ask them to decide on a 1-3 relationship stress value.
Derive the increase/decrease in stress for each of the three stress types.
Decide how you're going to factor the impact of stress into your overall decision.
Remember, the real benefit in utilizing the impact of stress methodology is in the discovery process you'll go through to understand relationship, personal, and work stress drivers for different career choices. Be real with yourself as to how a career choice will affect you and those you love.
Lonnie Pacelli is an accomplished author and autism advocate with over 30 years experience in leadership and project management at Accenture, Microsoft, and Consetta Group. See books, articles, keynotes, and self-study seminars at http://www.lonniepacelli.com
Article Source: https://EzineArticles.com/expert/Lonnie_Pacelli/16297
Article Source: http://EzineArticles.com/9359733
Showing posts with label money. Show all posts
Showing posts with label money. Show all posts
Wednesday, 24 June 2020
Sunday, 21 June 2020
Saturday, 20 June 2020
Midlife Career Change: Follow Your Heart
A midlife career change can be very good for you. It can breathe fresh air into what you may consider a stale life and give you the boost you are looking for.
Many mid lifers feel that a midlife crisis or rather a midlife transition is a turning point in their lives. Often their children have grown up and left home. They want something new to challenge them and unfortunately, these challenges aren't always for the good.
Many mid lifers often think it is too difficult undertake a midlife career change, and try to think of different excuses not to do so. In fact, it is very easy, because you may be more financially stable than you have been before, although that is not always the case. Whatever your situation, you may simply wish to follow your dreams. You have nothing to prove to anyone but yourself, and the amount of connections and contacts you would have built up will make it easier.
No longer is youth seen as the winning argument. Often employers are looking for experience; they want someone who knows the job. Also people with life experience are likely to be more able to learn quickly and adapt the skills they do have to any given situation. You do, however, have to consider your health and what skills you do have. You need to decide why you want to change careers and look at if your age and health will be up to it. A midlife career change might make you feel happier which may even improve your health. People around you will see the differences and will often encourage the career change.
If you have kept up to date with technology then you will be fine and you will be able to bring your wealth of knowledge and experience to any new job. My colleague, Dr. Fred Horowitz, and I did an interview with Ajay Pangarkar, President of CentralKnowledge. He recommends that you "attend webinars (online seminars), take virtual courses from your desk, join blogs (an online diary of an expert), if you are an expert write a blog, mentor or be mentored." When you start your new career, you will know what goals you can set for yourself and how to go about achieving them.
Although the thought of a sudden midlife career change, as you are nearing the end of your career, might be strange to some, others will envy you. Many mid lifers would love to be brave enough to follow their hearts rather than remain safe and stay in a job they will hate in years to come.
If you have a great supporting family and you truly believe that you can change careers, then go for it. You have nothing to lose and you might be very glad you did. If it all goes wrong then you can simply dust yourself off and start again. You will know though that you tried and that's all you can hope for. If you have made the right choice then you will be doing a job that you truly love and not many people can say that.
Dr. Frank Bonkowski writes about midlife career change, goal setting, education, self-discovery, and spirituality to leverage your midlife transition into lifelong happiness at Happiness-After-Midlife.com. Look for his forthcoming e book, entitled Take Charge of Midlife and Beyond: 52 Ideas and Activities for Dealing with Life's Challenges - Aging, Change, Financial Matters, and More!
For help with a midlife career change go to their Web site.
Article Source: https://EzineArticles.com/expert/Frank_Bonkowski/159401
Article Source: http://EzineArticles.com/4863145
Many mid lifers feel that a midlife crisis or rather a midlife transition is a turning point in their lives. Often their children have grown up and left home. They want something new to challenge them and unfortunately, these challenges aren't always for the good.
Many mid lifers often think it is too difficult undertake a midlife career change, and try to think of different excuses not to do so. In fact, it is very easy, because you may be more financially stable than you have been before, although that is not always the case. Whatever your situation, you may simply wish to follow your dreams. You have nothing to prove to anyone but yourself, and the amount of connections and contacts you would have built up will make it easier.
No longer is youth seen as the winning argument. Often employers are looking for experience; they want someone who knows the job. Also people with life experience are likely to be more able to learn quickly and adapt the skills they do have to any given situation. You do, however, have to consider your health and what skills you do have. You need to decide why you want to change careers and look at if your age and health will be up to it. A midlife career change might make you feel happier which may even improve your health. People around you will see the differences and will often encourage the career change.
If you have kept up to date with technology then you will be fine and you will be able to bring your wealth of knowledge and experience to any new job. My colleague, Dr. Fred Horowitz, and I did an interview with Ajay Pangarkar, President of CentralKnowledge. He recommends that you "attend webinars (online seminars), take virtual courses from your desk, join blogs (an online diary of an expert), if you are an expert write a blog, mentor or be mentored." When you start your new career, you will know what goals you can set for yourself and how to go about achieving them.
Although the thought of a sudden midlife career change, as you are nearing the end of your career, might be strange to some, others will envy you. Many mid lifers would love to be brave enough to follow their hearts rather than remain safe and stay in a job they will hate in years to come.
If you have a great supporting family and you truly believe that you can change careers, then go for it. You have nothing to lose and you might be very glad you did. If it all goes wrong then you can simply dust yourself off and start again. You will know though that you tried and that's all you can hope for. If you have made the right choice then you will be doing a job that you truly love and not many people can say that.
Dr. Frank Bonkowski writes about midlife career change, goal setting, education, self-discovery, and spirituality to leverage your midlife transition into lifelong happiness at Happiness-After-Midlife.com. Look for his forthcoming e book, entitled Take Charge of Midlife and Beyond: 52 Ideas and Activities for Dealing with Life's Challenges - Aging, Change, Financial Matters, and More!
For help with a midlife career change go to their Web site.
Article Source: https://EzineArticles.com/expert/Frank_Bonkowski/159401
Article Source: http://EzineArticles.com/4863145
Thursday, 11 June 2020
Monday, 8 June 2020
Thursday, 4 June 2020
Alternative Work for Any Profession
We all need to earn additional income. Who would not want additional cash on their wallet? In this day and age, people from all walks of life need additional income, even those who have acquired their degree. What are the possible ways to earn for any profession?
Freelance Article Writer
The internet's full of it. Thank you for Google's update, a website should always have fresh content to make it relevant. A person who practices their profession is an expert on their own. Who would better describe teaching methods than a teacher? Who can better explain illness and expected treatments than a nurse or a doctor? Who can better identify problems in behavior than a psychologist? Information is a commodity that the internet is selling like pies. A professional can write a dichotomy of a variety of subjects. There is always a need for someone to explain an aspect of the profession and in terms that the layman can understand. This is one channel a professional can learn additional income.
Teaching
How do students become teachers, doctors or nurses? They were guided and taught by people who gained knowledge and skills from the same profession. A nurse can study and gain the needed certification to provide classroom teaching. The nurse does not need to stop being a nurse in a hospital or a clinic. The nurse can simply come in for the classroom lecture or supervise students in the clinical area.
Consultancy Services
The knowledge and skills that a professional acquires through years of experience in their field can be used to guide other professionals. For instance, a professional with a doctorate can provide consultancy services for a specified amount of fee to professionals that are completing their thesis or dissertations. They can also provide solutions for an individual or a company wanting to address conflicts in their organization.
Write a book
For someone who has a lot of time in their hands, writing a book can be an avenue for additional earnings. While this may take time for some, when the book gets published and the target audience starts subscribing or buying the book, the income will continue for years, until a new one is published.
An individual is limited only by their set of values. Additional income is always welcome, but it does not have to be a new job with better pay. A professional can always give advice and provide knowledge for a specified amount of fee without leaving the security of their current job.
Article Source: https://EzineArticles.com/expert/Olivia_Bacayao/759511
Article Source: http://EzineArticles.com/10182679
Freelance Article Writer
The internet's full of it. Thank you for Google's update, a website should always have fresh content to make it relevant. A person who practices their profession is an expert on their own. Who would better describe teaching methods than a teacher? Who can better explain illness and expected treatments than a nurse or a doctor? Who can better identify problems in behavior than a psychologist? Information is a commodity that the internet is selling like pies. A professional can write a dichotomy of a variety of subjects. There is always a need for someone to explain an aspect of the profession and in terms that the layman can understand. This is one channel a professional can learn additional income.
Teaching
How do students become teachers, doctors or nurses? They were guided and taught by people who gained knowledge and skills from the same profession. A nurse can study and gain the needed certification to provide classroom teaching. The nurse does not need to stop being a nurse in a hospital or a clinic. The nurse can simply come in for the classroom lecture or supervise students in the clinical area.
Consultancy Services
The knowledge and skills that a professional acquires through years of experience in their field can be used to guide other professionals. For instance, a professional with a doctorate can provide consultancy services for a specified amount of fee to professionals that are completing their thesis or dissertations. They can also provide solutions for an individual or a company wanting to address conflicts in their organization.
Write a book
For someone who has a lot of time in their hands, writing a book can be an avenue for additional earnings. While this may take time for some, when the book gets published and the target audience starts subscribing or buying the book, the income will continue for years, until a new one is published.
An individual is limited only by their set of values. Additional income is always welcome, but it does not have to be a new job with better pay. A professional can always give advice and provide knowledge for a specified amount of fee without leaving the security of their current job.
Article Source: https://EzineArticles.com/expert/Olivia_Bacayao/759511
Article Source: http://EzineArticles.com/10182679
Sunday, 31 May 2020
Thursday, 28 May 2020
Sunday, 17 May 2020
Top 5 Money Mistakes Millennials Are Making and How to Avoid Them
It is no doubt that millennials are the most informed generation. The internet provides them with information they need on just about anything including on personal finance and how to create wealth. However, besides being a wealth of information, the internet can also be quite confusing and conflicting. The information available on the web comes from different people with differing opinions.
It holds true therefore that besides having so much information, there are still many millennials out there that are making money mistakes and digging themselves into holes that will take years to get out of.
Here are 5 of the most common money mistakes millennials are making and how to avoid them.
Student Loans
Education is important in life and many millennials want to pursue expensive degree courses or attend prestigious universities. But, what many are not considering is whether the course they are pursuing will bring in enough income to justify the expense.
Before you take a student loan, you need to have the following in mind:
• How much are you expected to make monthly?
• How much will you have to pay monthly?
• How long will it take you to clear the debt?
Luxurious lifestyle
We are living in the social media age where people show off their "luxurious" lifestyles on Instagram and other social channels. Many millennials feel the pressure to show off on social media and therefore end up spending money they don't have to impress people they don't know and people that don't care.
Do you really need a $2,000 smartphone, an expensive wedding, a lavish lifestyle, to spend $$$ on drinks with friends just to take pictures and show off on social media? Use social media sparingly to socialize with friends and family and more for business and your life will never be the same again.
Waiting for too long to start saving
There are some millennials that start saving early but there are also those ones that wait too long to do so. If you are waiting to become "stable" to start saving money, then you will realize when it is too late that you should have started early. If you work more than one job or you get money unexpectedly from other sources, increase your savings or invest the extra income in long term investment options.
Too Many Credit Cards
People are wired for instant gratification and especially the millennials. You want what you want and you want it now. This has led to many millennials applying for too many credit cards. This leads to perpetual debt that you never seem to get out of.Try using cash as much as possible and avoid getting more than one or two good credit cards to build your credit score. Also, avoid always having your credit card with you as this will lead to impulse purchases.
Buying luxurious rides
A car is not an investment. It is a depreciating asset.Only buy a car that you need and you can afford. It is actually recommended that you buy a car you can afford to pay cash for or most of the money upfront. Do not test drive the luxurious models as this will tempt you to get a loan so you can "treat" yourself.
Also, as you invest money, also remember to save for retirement and consider having an emergency fund.
Mathenge Kabui Is an expert author on matters to do with personal development and retirement planning. You can contact him to give you quality content for your website by following the link below: https://www.kenyawriters.com/customorders/
Article Source: https://EzineArticles.com/expert/Mathenge_Kabui/557294
Article Source: http://EzineArticles.com/10196140
It holds true therefore that besides having so much information, there are still many millennials out there that are making money mistakes and digging themselves into holes that will take years to get out of.
Here are 5 of the most common money mistakes millennials are making and how to avoid them.
Student Loans
Education is important in life and many millennials want to pursue expensive degree courses or attend prestigious universities. But, what many are not considering is whether the course they are pursuing will bring in enough income to justify the expense.
Before you take a student loan, you need to have the following in mind:
• How much are you expected to make monthly?
• How much will you have to pay monthly?
• How long will it take you to clear the debt?
Luxurious lifestyle
We are living in the social media age where people show off their "luxurious" lifestyles on Instagram and other social channels. Many millennials feel the pressure to show off on social media and therefore end up spending money they don't have to impress people they don't know and people that don't care.
Do you really need a $2,000 smartphone, an expensive wedding, a lavish lifestyle, to spend $$$ on drinks with friends just to take pictures and show off on social media? Use social media sparingly to socialize with friends and family and more for business and your life will never be the same again.
Waiting for too long to start saving
There are some millennials that start saving early but there are also those ones that wait too long to do so. If you are waiting to become "stable" to start saving money, then you will realize when it is too late that you should have started early. If you work more than one job or you get money unexpectedly from other sources, increase your savings or invest the extra income in long term investment options.
Too Many Credit Cards
People are wired for instant gratification and especially the millennials. You want what you want and you want it now. This has led to many millennials applying for too many credit cards. This leads to perpetual debt that you never seem to get out of.Try using cash as much as possible and avoid getting more than one or two good credit cards to build your credit score. Also, avoid always having your credit card with you as this will lead to impulse purchases.
Buying luxurious rides
A car is not an investment. It is a depreciating asset.Only buy a car that you need and you can afford. It is actually recommended that you buy a car you can afford to pay cash for or most of the money upfront. Do not test drive the luxurious models as this will tempt you to get a loan so you can "treat" yourself.
Also, as you invest money, also remember to save for retirement and consider having an emergency fund.
Mathenge Kabui Is an expert author on matters to do with personal development and retirement planning. You can contact him to give you quality content for your website by following the link below: https://www.kenyawriters.com/customorders/
Article Source: https://EzineArticles.com/expert/Mathenge_Kabui/557294
Article Source: http://EzineArticles.com/10196140
Friday, 15 May 2020
The Rich Look like Beggars, and the Beggars Look like Kings
By: Jon Morrow
If you saw my father on a normal day, you'd feel sorry for him. His clothes are worn and coated with a mosaic of dirt, paint, and other unidentifiables. His boots are solid blocks of mud. His head is covered with a worn-out baseball cap, usually soaked in sweat.
You'd think he was a beggar. But he's not. He's one of the wealthiest and fastest growing landowners in northern Mississippi.
Movies and television have created a stereotype of the millionaire, and like most stereotypes, it's completely false. Rich people don't drive fancy cars, live in mansions, or cart around entourages of sexy playthings.
They know better. As one of my most successful mentors told me, "Getting rich is not about how much money spend, but about how much money you keep."
To illustrate, here are some comments from my investors:
A car payment? Why, I can't remember the last time I made one.
About a year ago, my father invited all of our investors to a private conference in his home near Memphis, TN. You've never seen so many rich people. If you tallied up the net worth of everyone in the room, I'm sure you'd go well over $100 million.
When I drove up to the house though, all I could do was laugh. Looking at all of the cars in the driveway, you'd think you were at a retirement home. The newest car in the driveway was from 1998. The majority of them were models from the 80s... and older. None of them were freshly detailed or flashy. You would have never guessed that all of them were owned by millionaires.
Talking to the investors about them was also interesting. I didn't ask everyone about their car, but the few I talked with told me they'd paid for the car in full a long time ago. They were also focused on regularly maintaining the car. Performance was just as important as price.
Buy a mansion? God no. Who needs all that space?
Knowing how to leverage their money and tax benefits, you'd think millionaire real estate investors would live in huge houses. But you'd be fooled, once again. Most of the millionaires I know live in modest houses in good neighborhoods. The average value is probably around $300,000.
They also own the houses debt free. Usually, they bought their house years ago for a steal in a good area, and then they lived there while it appreciated. To properly leverage their equity, they keep credit lines open, so they can take advantage of short-term opportunities.
Wear a suit? No, I prefer to work in my underwear
Through a series of coincidences over the years, I've learned that nearly all of my investors work in their underwear or pajamas. When they're forced to leave the house, they usually wear sweats or khakis. During the past five years, I've never seen one of them wearing a suit.
They have three reasons:
Cost. Dry cleaning is expensive. You save money by dressing down.
Practicality. Investors deal with a wide range of less fortunate people that distrust people in suits.
Comfort. Suits are uncomfortable, so unless you have to impress your banker, stay comfortable.
The Moral of the Story: Live like a Millionaire and You'll Become One
Not surprisingly, the most successful real estate investors I know are the most frugal people I know. I'm not talking about being miserly either. They live exceptionally well, but they do it with less money and more attention to practicality than pizzazz. If you want to get rich, act like them. Start living below your means and you'll see your wealth grow much faster.
Also, I've learned to be suspicious of people driving fancy cars and living in huge houses. While some are genuinely wealthy, most are in debt up to their eyeballs. They're usually insecure people, trying desperately to convince everyone they're rich. To use a metaphor:
You can judge a book by it's cover, but remember, the classics are rarely new and shiny. Their faded covers are evidence of their survival and their tattered pages were created by the hands of countless loving fans.
Author Bio
Jon Morrow is the owner of Real Estate... Answered, a web site that answers dozens of questions about real estate investment for free. He also manages over $20 million of real estate investments in three states, focusing on luxury homes and multimillion dollar transactions.
Article Source: http://www.ArticleGeek.com - Free Website Content
If you saw my father on a normal day, you'd feel sorry for him. His clothes are worn and coated with a mosaic of dirt, paint, and other unidentifiables. His boots are solid blocks of mud. His head is covered with a worn-out baseball cap, usually soaked in sweat.
You'd think he was a beggar. But he's not. He's one of the wealthiest and fastest growing landowners in northern Mississippi.
Movies and television have created a stereotype of the millionaire, and like most stereotypes, it's completely false. Rich people don't drive fancy cars, live in mansions, or cart around entourages of sexy playthings.
They know better. As one of my most successful mentors told me, "Getting rich is not about how much money spend, but about how much money you keep."
To illustrate, here are some comments from my investors:
A car payment? Why, I can't remember the last time I made one.
About a year ago, my father invited all of our investors to a private conference in his home near Memphis, TN. You've never seen so many rich people. If you tallied up the net worth of everyone in the room, I'm sure you'd go well over $100 million.
When I drove up to the house though, all I could do was laugh. Looking at all of the cars in the driveway, you'd think you were at a retirement home. The newest car in the driveway was from 1998. The majority of them were models from the 80s... and older. None of them were freshly detailed or flashy. You would have never guessed that all of them were owned by millionaires.
Talking to the investors about them was also interesting. I didn't ask everyone about their car, but the few I talked with told me they'd paid for the car in full a long time ago. They were also focused on regularly maintaining the car. Performance was just as important as price.
Buy a mansion? God no. Who needs all that space?
Knowing how to leverage their money and tax benefits, you'd think millionaire real estate investors would live in huge houses. But you'd be fooled, once again. Most of the millionaires I know live in modest houses in good neighborhoods. The average value is probably around $300,000.
They also own the houses debt free. Usually, they bought their house years ago for a steal in a good area, and then they lived there while it appreciated. To properly leverage their equity, they keep credit lines open, so they can take advantage of short-term opportunities.
Wear a suit? No, I prefer to work in my underwear
Through a series of coincidences over the years, I've learned that nearly all of my investors work in their underwear or pajamas. When they're forced to leave the house, they usually wear sweats or khakis. During the past five years, I've never seen one of them wearing a suit.
They have three reasons:
Cost. Dry cleaning is expensive. You save money by dressing down.
Practicality. Investors deal with a wide range of less fortunate people that distrust people in suits.
Comfort. Suits are uncomfortable, so unless you have to impress your banker, stay comfortable.
The Moral of the Story: Live like a Millionaire and You'll Become One
Not surprisingly, the most successful real estate investors I know are the most frugal people I know. I'm not talking about being miserly either. They live exceptionally well, but they do it with less money and more attention to practicality than pizzazz. If you want to get rich, act like them. Start living below your means and you'll see your wealth grow much faster.
Also, I've learned to be suspicious of people driving fancy cars and living in huge houses. While some are genuinely wealthy, most are in debt up to their eyeballs. They're usually insecure people, trying desperately to convince everyone they're rich. To use a metaphor:
You can judge a book by it's cover, but remember, the classics are rarely new and shiny. Their faded covers are evidence of their survival and their tattered pages were created by the hands of countless loving fans.
Author Bio
Jon Morrow is the owner of Real Estate... Answered, a web site that answers dozens of questions about real estate investment for free. He also manages over $20 million of real estate investments in three states, focusing on luxury homes and multimillion dollar transactions.
Article Source: http://www.ArticleGeek.com - Free Website Content
Thursday, 14 May 2020
Financial Freedom! Is It For You?
By: Yvonne Finn
Financial Freedom!
What does financial freedom mean to you?
Does it mean buying anything you want regardless of how much it cost?
Does it mean spending your days in ways that enrich and empower you instead of being at the beck and call of an employer?
Is there anyone in the world who wouldn't agree that the dream to be financially free is a universally desired goal?
But how does one create and maintain this sought after state of financial freedom.
Surely, it is not by working hard at a job. We've all heard the grim statistics of people working hard, only to end up old and very poor.
Having a job is not a secure method to achieve your desire to be financially free!
Many employees, from clerks to CEO's have found themselves unceremoniously dumped from jobs they thought were secure.
Even employees who are lucky enough or maybe foolish to hang on into retirement, working for someone else, are finding that the pension that they counted on is insufficient to cover their hoped for and deserved life of ease.
Taking an informed, involved and hands on role in your finances is the only way to be financially free.
No one else can be as passionate about your financial goals, dreams and desires as you are.
Others may or may not share your commitment to achieve your financial independence, however, that does not reduce your responsibility to make every attempt to achieve it.
Very often, when I talk about money and how freeing it is to have enough to live a self-directed life, there is always one person who will say," money is not that important" or "money can't buy happiness".
Of course it's true that money cannot buy happiness, nothing can, for happiness is a state of mind that you choose for yourself, regardless of circumstances or the attitudes of others.
And money IS important for the things that money CAN do, such as good schools for your children, spending your time how you choose, supporting charities and so much more.
So, how do you achieve financial freedom?
Acknowledge and accept that whatever financial state you are in presently is a result of the actions you have taken up to that point in your life.
Then decide that you want to create a brighter, more secure financial future for yourself and those who depend on you.
Do an in-depth financial analysis beginning with your credit rating.
If your rating is not a good one or you don't yet have a credit history, begin the process of restoring or establish one.
Excellent or even just good credit will be your solid foundation on which you will build your financial freedom.
After addressing your credit score the next step will be to learn about wealth creation tools and strategies.
Get help with this step by leveraging the knowledge of a trusted team of financial planners.
Enjoying a life of financial freedom need not remain just a distant dream.
Get passionate about your desire to build wealth, make a new plan and take well-advised actions.
Create a new plan and achieve your goals.
You provide the dreams and the desire and we will provide the sound, customized advice and planning that will help you build wealth and achieve financial independence.
Author Bio
Committed to life-long learning and helping others achieve their financial goals of independence and security, Yvonne is known as the "go to" person to her friends, clients and business associates. Go To Her Here!
Article Source: http://www.ArticleGeek.comhttp://www.articlegeek.com/finance/wealth/7541-financialfreedo.htm - Free Website Content
Financial Freedom!
What does financial freedom mean to you?
Does it mean buying anything you want regardless of how much it cost?
Does it mean spending your days in ways that enrich and empower you instead of being at the beck and call of an employer?
Is there anyone in the world who wouldn't agree that the dream to be financially free is a universally desired goal?
But how does one create and maintain this sought after state of financial freedom.
Surely, it is not by working hard at a job. We've all heard the grim statistics of people working hard, only to end up old and very poor.
Having a job is not a secure method to achieve your desire to be financially free!
Many employees, from clerks to CEO's have found themselves unceremoniously dumped from jobs they thought were secure.
Even employees who are lucky enough or maybe foolish to hang on into retirement, working for someone else, are finding that the pension that they counted on is insufficient to cover their hoped for and deserved life of ease.
Taking an informed, involved and hands on role in your finances is the only way to be financially free.
No one else can be as passionate about your financial goals, dreams and desires as you are.
Others may or may not share your commitment to achieve your financial independence, however, that does not reduce your responsibility to make every attempt to achieve it.
Very often, when I talk about money and how freeing it is to have enough to live a self-directed life, there is always one person who will say," money is not that important" or "money can't buy happiness".
Of course it's true that money cannot buy happiness, nothing can, for happiness is a state of mind that you choose for yourself, regardless of circumstances or the attitudes of others.
And money IS important for the things that money CAN do, such as good schools for your children, spending your time how you choose, supporting charities and so much more.
So, how do you achieve financial freedom?
Acknowledge and accept that whatever financial state you are in presently is a result of the actions you have taken up to that point in your life.
Then decide that you want to create a brighter, more secure financial future for yourself and those who depend on you.
Do an in-depth financial analysis beginning with your credit rating.
If your rating is not a good one or you don't yet have a credit history, begin the process of restoring or establish one.
Excellent or even just good credit will be your solid foundation on which you will build your financial freedom.
After addressing your credit score the next step will be to learn about wealth creation tools and strategies.
Get help with this step by leveraging the knowledge of a trusted team of financial planners.
Enjoying a life of financial freedom need not remain just a distant dream.
Get passionate about your desire to build wealth, make a new plan and take well-advised actions.
Create a new plan and achieve your goals.
You provide the dreams and the desire and we will provide the sound, customized advice and planning that will help you build wealth and achieve financial independence.
Author Bio
Committed to life-long learning and helping others achieve their financial goals of independence and security, Yvonne is known as the "go to" person to her friends, clients and business associates. Go To Her Here!
Article Source: http://www.ArticleGeek.comhttp://www.articlegeek.com/finance/wealth/7541-financialfreedo.htm - Free Website Content
Monday, 11 May 2020
Sunday, 10 May 2020
Saturday, 9 May 2020
Friday, 8 May 2020
Thursday, 7 May 2020
Monday, 4 May 2020
Finding Motivation - How to Find What Motivates You
Ever notice what motivates you? Motivation could come from many of your activities which you didn't give much thought before. In fact, it could be the answer to your limitless abundance, saying goodbye to money-related problems. This article will help you trace it and achieve it. Read on.
The source of your motivation will be ingrained in you. You jump up at the thought of it and can't wait to start it. You can't stop when you are doing it and when you are done with it, you can't help admiring it, feeling a deep sense of content and satisfaction.
Motivation could be about writing fiction/nonfiction books, music - singing and/or playing a musical instrument, painting portraits and/or natural sceneries, teaching, educating others and sharing your knowledge, playing a sport you like such as soccer, tennis or swimming, cooking a variety of dishes and compiling their recipes, and the list goes on.
Guess what earning money by doing what motivates you is a plus. You will not think of it as work and will always feel inspired to do it and enjoy your time doing it and at the end, earn good money from it.
You could even do a seminar/webinar about it reaching out to more people, helping others to find what inspires them and monetize it, earning a living as well.
You could passionately write books on them, reaching out across the globe not only gaining popularity but also helping the young and old alike to find out what it is they love to do and the steps they should carry out to make it the source of their living.
Imagine what would happen if each and every person on this earth were doing what they were excited about and also earning money from it - naturally the global economy would rise and no one had to leave jobs or get laid off unless because of other circumstantial problems, which could be worked out as well.
Doing the very stuff you love to do and also making a living from it will gradually help you to tap into limitless abundance and prosperity, and you will never have to worry about money problems again.
So the next time, when you are thinking about a career or business, put your creative mind at play, try to figure out what makes you jump up at the thought of doing something, then start doing it and step-by-step monetize it as well so that you never have to work another day again. Sounds good?
Rosina S Khan has authored this article. For a wealth of free resources based on stunning fiction stories and academic guides, amazing self-help eBooks, articles and blogs, all authored by her, and much more, visit: https://rosinaskhan.weebly.com. You will be glad that you did.
Alternatively, for a different layout of free resources, visit: http://www.facebook.com/RosinaSKhan.hub. You won't be disappointed and remember to like her Facebook page.
Article Source: https://EzineArticles.com/expert/Rosina_S_Khan/2054435
Article Source: http://EzineArticles.com/10289389
The source of your motivation will be ingrained in you. You jump up at the thought of it and can't wait to start it. You can't stop when you are doing it and when you are done with it, you can't help admiring it, feeling a deep sense of content and satisfaction.
Motivation could be about writing fiction/nonfiction books, music - singing and/or playing a musical instrument, painting portraits and/or natural sceneries, teaching, educating others and sharing your knowledge, playing a sport you like such as soccer, tennis or swimming, cooking a variety of dishes and compiling their recipes, and the list goes on.
Guess what earning money by doing what motivates you is a plus. You will not think of it as work and will always feel inspired to do it and enjoy your time doing it and at the end, earn good money from it.
You could even do a seminar/webinar about it reaching out to more people, helping others to find what inspires them and monetize it, earning a living as well.
You could passionately write books on them, reaching out across the globe not only gaining popularity but also helping the young and old alike to find out what it is they love to do and the steps they should carry out to make it the source of their living.
Imagine what would happen if each and every person on this earth were doing what they were excited about and also earning money from it - naturally the global economy would rise and no one had to leave jobs or get laid off unless because of other circumstantial problems, which could be worked out as well.
Doing the very stuff you love to do and also making a living from it will gradually help you to tap into limitless abundance and prosperity, and you will never have to worry about money problems again.
So the next time, when you are thinking about a career or business, put your creative mind at play, try to figure out what makes you jump up at the thought of doing something, then start doing it and step-by-step monetize it as well so that you never have to work another day again. Sounds good?
Rosina S Khan has authored this article. For a wealth of free resources based on stunning fiction stories and academic guides, amazing self-help eBooks, articles and blogs, all authored by her, and much more, visit: https://rosinaskhan.weebly.com. You will be glad that you did.
Alternatively, for a different layout of free resources, visit: http://www.facebook.com/RosinaSKhan.hub. You won't be disappointed and remember to like her Facebook page.
Article Source: https://EzineArticles.com/expert/Rosina_S_Khan/2054435
Article Source: http://EzineArticles.com/10289389
Thursday, 30 April 2020
Tuesday, 28 April 2020
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