CategoriesActionFinancialHealth & FitnessThink About ItTime

Stop And Think

When did you last do this? It can change your life if you do it. Many people are so busy getting through life, they don’t stop and think.

Take 15 minutes later this evening and consider some things. If you are really brave, get a pen and some paper and write out your thoughts. I say brave because it is rarely comfortable confronting the brutal facts of reality.

Now I suggest you write out some of the great highlights of your life first. You may be able to note down 12 years of schooling or an advanced degree. Perhaps you’ve travelled or have had an illness you’ve had to overcome. Maybe you donated some money to a friend that was doing some fundraising. You may also have maintained a successful relationship, built a career, bought a house, raised good children or simply made it through life to here.

Well congratulations! There are so many skills you have and so many more you could acquire. You are far better and more impressive than you give yourself credit for. And you can do so much more than you even begin to imagine.

Recall all those times you got the thing you wanted. You bought the car, went to the concert, got the job or went out on that date. When you really wanted something, you went after it. You got it or something similar.

What else do you really want? How serious are you about it?

Stop and think. You can achieve anything.

Now, go make it happen.

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CategoriesActionReframe your thoughtsTime

Making Your Next Episode

Your life could be viewed as a movie, mini-series, or tv show. Although it is probably most like a tv show. Making your next episode is a weekly occurrence.

With that in mind, how do you rate your life? Is it a drama, sit-com, tense thriller or mind numbingly drab? How do others see it? How would you like to see it?

The amazing thing is, you are making the next episode as your day unfolds. You are the writer, casting director, overall director, executive producer and star of the show. In the early seasons you were primarily the star. Your parents played the other roles in the credits. But once you turned 10, you started heavily influencing the other production roles.

You may like to feel as though you’ve given up artistic control, or never actually had it. However, every day you should remind yourself that it is you that makes the bulk of the decisions in your life. You decide if you are a stunning, fit and joyful lead character. You also decide if your role is that of a tired, bored or restless individual.

The people on the set are all selected by you to create the ambiance, atmosphere and interaction. Scenes start and end how and when you want them to. If a storyline isn’t working for you, you can just leave it on the cutting room floor.

Every week, you are making your next episode. Pay close attention to how you write the script for this week.

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CategoriesActionReframe your thoughtsTime

Be Confident In Your Position

You know what the best path is already. Don’t let others distract you or put you off. Be confident in your position. Carry on with your plans.

Often times we know the best solution to a given situation. We may not have 100% of the information but we need to make the decision. No one ever has 100% of all the relevant and related information. You need to have enough information, and a good feeling about things, to then press on to the conclusion.

I like Colin Powell’s 40-70 rule in this regard. With less than 40% of total information, your odds of making a good decision are lower. Obtaining more than 70% of the total information is time consuming and unlikely to change your decision.

Who knows what ‘total information’ really means? And how does one truly measure 40% or 70%? Don’t get caught up in these things. It is a rule of thumb. Get to where you feel pretty confident in the decision you are about to make. Know that the information you have is accurate and from a good source. Then get on with the decision and move to execution.

Usually you can adjust later if the decision did not bring about the outcome you were looking for.

If you have experts with field experience providing your information, you should be fine.

Be confident in your position.

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CategoriesActionGratitudeReframe your thoughts

Smile And Laugh More

Force yourself to do it if you have to. This idea seems crazy but we can forget to see the lighter side of things. Smile and laugh more because it feels good and others respond well to it.

Sometimes we take life, or ourselves and our situation, a little too seriously. It is easy to do. We can get caught up in the hub bub of daily life and just press on through. But it is so nice to see people smile and hear others laughing. It often makes us want to smile and laugh too. It is a wonderful way to quickly feel better about things.

Think of a fun time you had with a friend recently, or 20 years ago. Hold that thought. Hear the laughter in your mind and feel the giant smile on your face. Maybe you did something that scared you a little. Maybe it felt daring or a bit crazy. You did it though! And you can relive that memory as often as you like. It is free and provides a great feeling.

Think of those favourite songs of yours. Think of the happy ones, not the break up, drown your sorrows ones. Maybe some favourite scenes in some great movies do it for you. A great vacation or an activity you did or shared with others could be the smile trigger. Get five or six of these great memories and moments and write them down. Note a few key words to remind you of each one. Keep it in your pocket or on your phone. Look at it often.

Smile and laugh more. We’ll all benefit.

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CategoriesActionReframe your thoughts

How Do I Do That?

You probably don’t know this, but this is the most important question in your life. For everything that interests you, ask “How do I do that?”

Ask yourself or Google or anyone, to start. Then upgrade to people who have some experience in that space or activity. Then start asking people with greater success than them. Read books on it. Search it up on the internet. Speak to practitioners, professors, experts, gurus, journalists, commentators and avid fans of the activity.

Too often we start off on the wrong foot for these things we want. Sometimes we just sit there amazed it is being done. We don’t even consider it as something we could do. Even if we do think we would fancy a go at it, we too often think, “No chance, not me. I couldn’t do that.” Well neither could the person doing it now, when they first started.

Sure it looks difficult or even ‘scary’. But so did most of the great things you’ve done in your life. Like learning to walk, asking someone out, skateboarding, or living on your own.

If you want to super charge your life for fun, excitement, thrills and happiness, start asking this question and follow the process.

How do I do that?

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CategoriesActionFinancialObserveReframe your thoughtsTime

The Power Of Compounding

Following on from the last few days, I’m combining retirement thoughts with compounding. The power of compounding is quite incredible.

I read an article recently about setting aside almost $3,000 for a child when they are born. This money could come from parents, grandparents, uncles and aunties or even from crowdfunding, I suppose.

The idea was that you could put that $3,000 into a low cost S&P 500 index fund and just let it sit there for 65 years. You would not take any out, nor would you need to put any more in. You would just let it roll over and compound.

Using the figures from the article, it noted the S&P had delivered an average annual return of between 10% and 11% in its nearly 100 years of existence. If it continued to average that rate, or even a little less (9.5%), the account would be worth over $1m by their 65th birthday.

This is more than 90% of what people would have in their retirement savings. By doing this one thing, during pregnancy or within the year after their birth, you would set them up for retirement. Regardless how their financial habits developed, they could always count on their $1m retirement fund when they turned 65.

The power of compounding is compelling.

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CategoriesActionHealth & FitnessObserveProgressReframe your thoughts

Going Faster

Life seems to be going faster. Expectations and everyday things seem to change more quickly than before. Going faster can be great though it is good to slow it down occasionally too.

With most things, there is a finite limit for speed. Even light seems to reach a maximum speed. Other things like cars, rockets and airplanes have been pushing their limits further for decades. Though there is a point where it is not safe or technically possible to go faster.

Perhaps people reach that point too. Getting all those things done in one day might not be possible. Nor should we try to do it. Speeding around in a car isn’t good. Rushing through work may reduce the quality we bring to the table. Rushed conversations are rarely productive, especially if they have some differing views or involve a delicate subject.

When do we assess we are going fast enough? Is it when we have an incident or accident or health scare? Clearly going slow has its own challenges, which we won’t get into here. However, as individuals, we do need to double check that all that ’faster’ actually translates into better somehow. If it doesn’t, we should consider adjusting some things in our life.

Going faster is fun and desirable, but is it the best option?

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CategoriesActionFinancialHealth & FitnessThink About It

We Invest in AI Not IAM

We teach machines more than humans. Some people are more interested in creating robots that learn and not children. We invest in AI not IAM. Despite the incredible progress and benefits of the AI industry, perhaps we are missing something.

Some studies I have seen suggest we need USD 36 billion to teach the rest of the children not already being taught. Meanwhile USD 73.4 billion was raised by AI startups in just the fourth quarter of 2020 alone!

We are trying to get a machine to learn and think. Investors are putting more money and intelligent resources into how to improve AI rather than in teaching children to be better.

It does seem a little odd. All those people out there who could learn and improve but few do. It is partly that they do not want to but more often they are not aware it is an option.

Sure there may be more efficiency in AI and robotics. But we have the people available. And while we are at it, could we get the curriculum to include money, financing, budgeting and self-discipline. Perhaps they could teach goal-setting and a few other life essentials.

Teach children phrases like I am amazing or I am winning.

Unfortunately, we invest in AI not IAM.

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CategoriesActionFinancialThink About It

Provide Value To Receive Money

The economy is not rigged. The world is not run by 30 all-powerful people. Think this through folks. You need to provide value to receive money.

Now there are a lot of other things you could receive. However, the main culture around the world is to give money to those providing a valuable product or service.

The greater the perceived value for the item in question, the greater the amount of money to change hands. No one forces you at gun-point to buy your groceries from Ocado or Tesco. Neither do people force you to use Amazon to buy books, gifts or tech equipment.

However, the natural flow of things means that if you do use a certain company to fulfil your desires, it will receive your money. So, if lots of people do this, the company will receive lots of money. No conspiracy or rigged system.

If you have a problem with your money going to Amazon employees, suppliers and shareholders, then stop using their services. It really is that simple. However, you are unlikely to stop the millions of other consumers from using their service. But if they did, they would shrink out of existence like Blockbuster and Kodak.

You need to provide value to receive money. What value are you creating for others?

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CategoriesActionProgressThink About ItTime

How To Live Intentionally

Are you on auto-pilot? Do you get through the day because of your habitual thoughts and actions? Learn how to live intentionally and you could dramatically alter the course of your life in just a few months.

Making intentional choices about what we want in, and out of, our life is our greatest power. We have the power to make choices every day. What is it that is stopping us from making the choices we want? Do you even know what you want?

This is not a question about what others need or want. Perhaps you have suppressed your own emotions and desires for so long, you can’t easily answer the question.

Start thinking about what, and who, you want in your life today. Decide what brings you joy and what doesn’t. Take a shelf in your house and really look at each item on it. Pick up each item and ask yourself, “Does this bring me joy?” If it does not, then remove it from the shelf today. Send it to a charity shop so it can find its rightful home.

If you want to keep it, be certain that this is the exact spot you want it to live in your house for now. If not, you should move it now to where it will bring you the greatest joy.

Learn how to live intentionally or you could fumble along in a fog of meh.

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