Category — Success

Saving refers to the preservation of money for future use. Such future use might include capital and goods purchase (house, transport, vacations, etc.), emergencies, and miscellaneous expenses. Strictly speaking, saving is the difference between our income and our consumption expenditure. Besides, saving is our main tool to cope with mortgages, credit card debt, extraordinary bills, and other loans. Without savings, such debt and expenditures may sharply erode our personal finances. Saving also allows for harnessing sudden investment opportunities and to gain access to quality services. All in all, saving is a fundamental aspect of personal finance.

Money has to be tightly controlled. We must know where money comes from, and where it goes to. We must strive to know the way our money flows, the paths it travels, and the drains taking most of our income. By closely watching our money’s nature, we’ll learn to control it. Control is a keyword of personal finance. Control refers to checking the errors we are incurring with our money’s management, and to take the corrective action to rectify any deviation from our desired goals. Setting goals is other important requirement for saving, and it answers the question what are we saving for ?

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Nowadays, the net is inhabited by myriad (millions!) blogs. Therefore, to stand out has become more and more challenging. Some people write about excessively specialized or personal topics, which have a narrower audience. On the other hand, topics discussed in plenty of other blogs may appeal to a broader public. Moreover, themes in different blogs touch on similar concepts or ideas, or at least are loosely related. So, blogs have to compete for traffic. Positioning in search engines such as Google and Yahoo is a good example of what I’m speaking about. Thus, the question arises: how to highlight your blog in order to distinguish it from others?

It’s simple. Follow a “samurai” approach.

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What is your relation with your money? Money is a necessary thing, and to have and to win money is not a sin (rhyme intended ). On the other hand, to live for money is not only a sin but a stupidity. We, as integral human beings, are of much more value than any material concept. This is something I insist a lot in my business seminars: look for money, but never lend your heart to money. In other words, win money, but don’t let money to win you.

Who are the Winners?

Winners are fortunate people, indeed. But except for rare cases, most of their fortune stems from hard work, and more importantly, from a sound and clear mindset. Winners have no time (nor wish) to be moaning about the “harshness of life.” Winners don’t complain about such things, because they understand that life, like a river, exhibits turbulent episodes in some parts, but caress and nourish the surrounding nature, all the way.

Positive Attitude in The Winners’ Mind

Nevertheless, all these years I’ve known a lot of people who are frequently bitching about their lack of money or general misfortune, but what they are indeed lacking is a positive attitude toward their money. Now, what does this “positive attitude” notion mean? Let’s start by answering a few questions:

• What really are the kind of thoughts that flood our minds when we think of our money?
• Which are the words we utter when speaking about our money and related things (such as mortgage, bank, expenses, etc.)?
• In the past, how much success have we attained by spending and investing our money?

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When I have to hire someone for any position in my company, I always pay close attention to the below discussed 7 attributes, because I always strive to hire people with leadership traits (even when the job is not a key managerial position.) I always want the best people, no matter the size, complexity or responsibility of the job. I know that, as time goes by, groups of workers with leadership traits perform and coordinate a lot better than simple people. And the today new assistant may hopefully become a very important director in a few years.

Furthermore, I prefer the democratic (also referred to as participative) leadership style: in this case, the leader offers guidance to the group, but also participates in the group, and promotes feedback from other members. Note that this style is not inconsistent with the view of everyone in a group acting as a leader! The democratic style is also suitable for the modern dynamic environments because it allows dealing with fast-changing circumstances. Other styles, such as authoritarian or delegative leaderships, are very harmful and obsolete.

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We humans are innate learners, as learning is the cornerstone for survival. We must remember, abstract and apply knowledge in diverse (and often harsh) environments in order to develop into and behave as truly intelligent beings. In short, the adaptability and resilience we exhibit stems from learning. Now, a key issue to learning is the driving force behind it, i.e., the motivation or stimuli to learn. We can learn because of fear (we want to learn how to protect ourselves from danger.) We can learn just out of curiosity (our natural inquisitive behavior.) We can learn because we want to reach some social status (approval of others is a potent stimuli to learn.) We can learn simply because we love to learn new things everyday. There are plenty of reasons to learn and yours may easily be a mixture of these. Health and money are important things in life, but learning is the base for using them wisely If we are to succeed in life, we must hone our learning skills.

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