Summer is vacation time for families! Most of the world goes on holiday in August every year. Students travel during the summer because they are off from school. For the last fourteen (14) years, I travel overseas during the summer. When students return to school, their teachers usually use vacation experiences as a subject for a composition or ...
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Start Thinking Outside the Box!
Thinking outside the box is one of those metaphors that really need explanation. Thinking outside the box means to think differently, unconventionally or a new perspective. Some business consultants challenged their clients to solve a “nine dots” puzzle which required a creative solution. Often we are caught up with rules or conventions to solve ...
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The Odds Are Against You!
The odds are against you to be successful. 78% of NFL players end up broke! How many people can even say they were a professional athlete? The odds are against you to make it to that level. The odds are against you to be an Olympic athlete too. The median United States household income is $46,326. Half of the families are living on incomes less and ...
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Are You Sabotaging Yourself?
Are you sabotaging yourself? It may be your friends, colleagues or family, someone is sabotaging your plans. It may be you! You have goals or list of things you need to do, but somehow something or someone stops you from achieving them. You tend to blame others for your failure, but it starts with you. We all make mistakes unless it is a habit! Do ...
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Are You Tough Enough for Success?
Success is for anybody who is tough enough to withstand the ups and downs! Entrepreneurship is a grueling test much like the Tour de France. It takes mental toughness to get through those stages to succeed. Don’t confuse mental toughness with physical toughness. Mental toughness is resiliency, courage, flexibility, responsiveness, strength and ...
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Personal Finance Education Is the Key to Happiness
Learning about personal finance is the basis for success! If you are looking for a class at your local high school or community college, you will probably be disappointed. Online classes are somewhat limited although there are many books written about the subject. You can find such diverse subjects online as accounting, corporate finance or other ...
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Cash is not an investment
If you have an expectation of growth in your investment, forget cash! I am referring to cash investments such as money market accounts, interest bearing checking accounts, savings and certificates of deposits. It is merely a parking space for short term savings! Investing is expending money with the expectation of achieving a profit or material ...
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Should I Buy, Rent a Home or Just Do Nothing?
Buy or rent a home is suddenly a question for me! My plan was always to move one last time to a single level home as I age and can no longer navigate two flights of stairs. I thought this decision would be far in the future because I am a healthy and very active adult (almost 68 years old). So what changed? Interest rates are low and home prices in ...
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Leveraging Your Investment in Videoconferencing
It is no secret that technology has forever changed the way people interact, play, and work. Businesses in particular have benefited tremendously from embracing technological improvements: videoconferencing solutions are no exception. Studies show 80% of American workers prefers to telecommute to their job. Companies who recognize this and offer ...
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The Best Financial Adviser is You
Do you really need a financial adviser? What do you expect a financial adviser to do for you anyway? You can get a fee only adviser to prepare a financial plan and still fail! A financial plan is just a set of financial goals based on your information! It is just a matter of setting goals and monitoring your progress. Some may call it child's play. ...
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