Tag: Motivation

Life Hacks From Warren Buffett That Anyone Can Use

You don’t get to be one of the richest people in the world without knowing something the rest of us don’t. Often referred to as the Oracle of Omaha, Warren Buffett has a net worth of $102.2 billion, according to Forbes.

1. Decide That You’re Going To Be Rich

In order to be rich, you have to believe that one day you will be. According to the Huffington Post, Buffett once reportedly said, “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”

For best results, set high expectations for yourself and work toward your goals and aspirations.

“Then, make it clear to yourself, your family and friends that you have a commitment to become financially independent,” said Randall “Dolph” Janis, an insurance agent at Clear Income Strategies Group. “Create your future with a plan, knowing when to get aggressive against knowing when to be conservative.”

2. Start Saving at a Young Age

By age 15, Warren Buffett had earned $2,000 delivering papers and selling magazine subscriptions, according to CNBC. He used $1,200 of his earnings to invest in a farm, forming a profit-sharing agreement with the farmer.

The lesson? “Start saving money as early as possible, so that you get into the habit,” said Brittney Castro, founder and CEO of Financially Wise Women.

This is important whether you’re saving to invest in a business or buy your first house.

 3. Reinvest Your Profits

When Buffett was in high school, he and a friend bought a pinball machine. According to Biography, the pair put it in a barbershop and quickly earned enough to buy more machines and install them in other shops. The friends eventually sold all the machines for a profit of $1,200.

If you want your fortune to grow, the best thing you can do is keep reinvesting it in your business. Of course, you can enjoy the fruits of your labor, but don’t spend it all in one place.

4. Graduate College Early

Because of Buffett’s sharp mind for business, it’s no surprise that he managed to finish college in three years — two at the Wharton School of Business and one at the University of Nebraska, according to the book “Icons of Business.” Although college costs weren’t nearly as high in Buffett’s day as they are today, it’s likely that he saved money by completing his education in three years instead of four.

Today’s college students can save by following his lead.

For the 2016-2017 school year, the College Board estimated that the average cost of tuition at a private college was $33,480. If you attended a state school as a resident, you spent $9,650 per year. However, graduating early could save you even more when you factor in the cost of student loan interest paid out over the next 25 years.

5. Bounce Back From Rejection

Ironically, Harvard Business School rejected Buffett after his interview. But instead of sulking, he headed to Columbia and met Benjamin Graham. Graham is a legend in the investment industry, and he became Buffett’s mentor. Much of Buffett’s incredible investing success could arguably be credited to Graham and the lessons he taught him.

“Turned down? Who cares, keep going, it happens all the time,” said Tom Scuccimarra, national sales manager at M&O Marketing. “You can’t take it personally, and you can’t let it push you off course of your dreams.”

Even if you get rejected from a school or job opportunity, it’s important to keep moving forward. If Buffett had quit after Harvard dismissed him, he wouldn’t be where he is today.

[This are just the tip of the tips. Click on the link for 16 more tips]

Article by Ashley Redmond for GOBankingRates

Be Afraid, Be Very Afraid, but Do It Anyway

A song for our times by Jason Isbell and the 400 Unit

Jason Isbell and the 400 Unit Lyrics

 

“Be Afraid” © 2020

We’ve been testing you
And you failed
To see how long that you could sit with the truth but you bailedI don’t think you’d even recognize the loss of control
And I don’t think you even see it in yourself
See every one of us is counting dice that we didn’t roll
And the loser is the last to ask for help

Be afraid, be very afraid
But do it anyway
Do it anyway

The stage belongs to you
And you feel like a star
And you can bark and snap like a dog at the man who just tuned your guitar
And I don’t think you’d even recognize a kid in the wings
And I don’t think you even see her in yourself
She looks to you for what to do with all her delicate dreams
But you’re too terrified to be of any help

Be afraid, be very afraid
But do it anyway
Do it anyway

Be afraid, be very afraid
But do it anyway
Do it anyway

We don’t take requests
We won’t shut up and sing
Tell the truth enough you’ll find it rhymes with everything

We’ve been testing you
And you failed
To see how long that you could hold it in before you screamed
But you only exhaled
And I don’t think you even recognize the sound of your voice
When it’s blasting through the speakers in the sky
And if your words add up to nothing then you’re making a choice to sing a cover when you need a battle cry

Be afraid, be very afraid
But do it anyway
Do it anyway

Be afraid, be very afraid
But do it anyway
Do it anyway

Be afraid, be very afraid
But do it anyway
Do it anyway

From the album: “Reunions” (2020) ©

The 3 Steps to a 5 Year Plan

Have you asked yourself lately, “What do I want from Life”, or where do I want to be in 3, 5, 10 years from now?  Here is a simple 3 step guide to help plan out your next 5 years.  You have to do some heavy thinking to do here, but it will be worth it when you see your life goals unfolding in written form in front of you.

5 Year Plan

 

Studies show that people who write down their plans are 33% more likely to meet them. But it can be difficult when someone asks you the question, “Where do you see yourself in 5 or 10 years?” If you’re anything like me, this question throws you way off, so I embarked on the journey to write a 5-year plan as so many professionals suggest. My first task was to figure out what all goes into a five-year plan. Your plan doesn’t have to be solely career goals. After looking at examples, I’ve concluded that pretty much everything can be placed in five groups: Career, Bucket List, Financial, Family, and Personal. My second task was to realize that you can’t really plan a five-year plan, without knowing your life plan. It’d be like writing 5 chapters of a story without deciding the story’s plot.

So, the first step to writing a 5-year plan: Write your life plan

Jot down all those life goals you want to achieve. Want to own your own company? Learn a language? Have a family? Write down everything and don’t be afraid to dream big. This is a whole lifetime we’re talking about after all! You can get a lot done!

Ironically, the second step to writing a 5-year plan: Write your 5-year plan

Look at everything you wrote down for your life goals. Now, what is the in-between from where you are now, and where you want to be? If your life goal feels like a far stretch from where you are now, try to think of your first couple baby steps. If you want to own your own retail store, maybe get a retail job and aim for manager! Want to be an author? Write the first draft for your first book! Everyone starts somewhere.

The third step to writing a 5-year plan: Write a Daily Plan

What can you do on a daily basis that will push you towards that 5-year goal, which will then push you towards that life goal? Grand plans don’t happen overnight, they happen in the day by day. Want to become Bilingual? That means daily practice. Want to pay off debt? Keep a budget.

Seems a lot more manageable broken down, doesn’t it?

Source:  imanadultsonowwhat

A Success Bucket List

Life is meant to be enjoyed to the fullest, and making a bucket list of your biggest aspirations can help you bring those dreams to life.

 

No matter your age, keeping a bucket list will make sure that there’s always an exciting escapade on the horizon. Best of all, you’ll never run out of fun stories to share at dinner parties.

Here are 10 exciting bucket list ideas to inspire your next adventure.

 

 

Image by penwellgabel.com

 

Success does not come easy!

Trials and tribulations, fleeting victories and sudden disappointment. Writers, poets, songwriters and musicians all share the same familiar road.  Many give up thinking it shouldn’t be so hard.  Many persevere knowing that road to success has many twists and turns and is not a straight line.

 

Must have been the Walking!

Or maybe just hard work!

 

Related:  Some Writing Ingredients – TUTORING YOU

Good advice from Beverly Cleary

Her books have won more than thirty-five statewide awards based on the votes of her young readers. Her characters, including Henry Huggins, Beezus and Ramona Quimby, Ellen Tebbits, and Otis Spofford, as well as Ribsy, Socks, and Ralph S. Mouse, have delighted children for generations.

My Life Summed Up. Yours?

 

We may easily feel frustrated and lose our passion for life when we encounter setbacks. But nothing valuable ever comes easy. Painful challenges are the best gifts life sends to us to keep us growing.

 

We aren’t tiny seeds struggling for light and water.  We are much more than that. However, in this life, we often look for external solutions to our problems or wait for someone else to take the lead. It’s crucial to recognize the power we have to shape our own destinies.

Go find the light yourself and turn on the faucet.  OK, not That simple, but it’s doable.  Ultimately, we only have one life to live. While we can’t control all the bad things that happen, we can change our attitude toward them.  Basically, in the process, we can shape our future and create our best life yet.

You have come this far, go a bit further and check out this article.  You just might find a way to see the light and get that drink you need!

Life has no Remote – TUTORING YOU

 

9 Questions to Help You Find Your Purpose

If you are struggling with who you are and what your purpose in life could be, Jennifer Carroll has put together a list of 9 questions to help you find your way.  Here they are:

Question 1: What do you like to do in your free time?

Question 2: If money was not a factor, how would you choose to spend your time?

Question 3: What topics do you regularly discuss with family and friends?

Question 4: What does your typical daily schedule look like?

Question 5: Is there an issue or subject that you are avoiding facing?

Question 6: What is your greatest strength? What is your biggest weakness?

Question 7: What are you most grateful for?

Question 8: What do you want your life to look like in a year?

Question 9: What do you want your life to look like in five years?

What Next?

Write out your answers and know there are no wrong answers.

No one will see what you are writing, so take this opportunity to be honest.

What other thoughts rise up?

Answering these questions (and others like them) gave me insight into where I am right now and where I want to go.

Because I stopped and thought about my daily life and my choices, rather than continuing to be swept up by the busy-ness of my life, I saw a much clearer picture of what is happening and what I am dreaming of.

I was able to find my heading!