I’m leaving both the personal finance and making money online worlds this morning for something that matters a whole lot more…
The Habs are in the playoffs!!!
Huh… right. It’s not where I wanted to go but you know I’m a diehard CH fan and we are better off not talking about yesterday’s game anyway… argh!
More seriously, I wanted to relate a quick story that happened to me last week. I with met some old work colleagues of mine while I was in Montreal. One of them lost someone very close just two months ago. She was telling me that it had changed her perception of things…
I wake up in the morning at 5am. Chow down a quick breakfast and hop on the treadmill. 1 hour later, I run into the shower before heading out to work. Before starting my day, I’m under the pressure to write one or two articles for my blogs. Then, I run the whole day and try to do as many things as I can and hopefully close a deal so I can increase my bonus. Once back home, we eat, play with kids, do the bath routine, put the kids for sleep and… watch hockey .
When I spoke with that colleague of mine, she was asking herself why the hell she runs all over the place to make sure everything was done properly. Accordingly, aligned with what society expects, losing someone definitely puts things into perspective.
So what’s the point of working so hard? To be free one day. What if the “one day” doesn’t happen fast enough? What happen if you leave everything else behind while you are desperately trying to reach this freedom?
When I did my MBA back in 2008-09, things weren’t always rosy with my wife. We just had our second child and she was working full time while I was barely home long enough just to sleep a few hours. Between my online company, new day job and MBA studies, it was impossible to have time for family. This hurt us big time back then.
I was set to become a VP by the age of 30 and heading to financial freedom before the age of 40. My wife quit her job, I started to work four days a week in a job that I love and started to take care of my kids. We made these changes in our lives to both take care of ourselves. We started to take care of what truly matters.
I’m still working hard and still have a crazy schedule. And this is nothing compared to what is going to happen this summer when I’ll coach my oldest son at soccer twice a week between a golf tournament and a happy hour for work.
But the difference is that each week, I take a moment to stop and not do anything related to work. I take a moment to enjoy life with my wife, play with my kids and relax. I guess this is probably where you can draw the line before going on a burnout!
There are some people putting their career first. They always have a good reason for this:
That’s the way it is in my working field
My boss will have my head if I don’t finish this
I need a good bonus to buy this or that (or pay off this or that)
In a few years, I’ll get a promotion and it will all be worth it
I’m in my prime; it’s the right time to climb the ladder
I’m not a lazy ass, I’m here to work
I love my job
If you are part of this kind of people I don’t blame you, I don’t even judge you. After all, I was part of your gang not so long ago. But I can tell you one thing; one day you will wake up and the train you were running after will left the station without you. Don’t let this happen to you.
Today, take a moment. You don’t have to take the day off. Just take a few minutes and make a call to someone you love and tell him/her. Send a quick note from your so beloved smartphone. Plan a cool activity with your kids or with friends over the next weekend. Do something for people that truly matters to you… because they might be not be there when you will become available.
Have you ever felt that you are running for nothing? What have you done to change this in your life?Google+ Comments: 8 Read More
WOOHOO! This Monday is not like the other Mondays… we are Xmas Eve!
I won’t be writing for the next week since you will probably celebrating with your family and I’ll do the same on my side. But you also might want to relax and read some good articles from time to time. This is why I thought of putting together The Financial Blogger for 2012.
I wish you all a Merry Xmas and a Happy New Year with high yield and dividend growth
I’ll be coming back on December 31st with the review of my personal financial goals and will start the year with the launch of the Best 2013 Dividend Stocks on January 1st!
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oooops! sorry for the confusion! here’s the Carnival of Financial Planning!
BUDGETING AND ECONOMICS
Miss T. @ Prairie Eco Thrifter writes Identify Your Money Motivations – Understanding what you want from your money, and from your life, will help you make the changes in behavior that really matter to your finances, and that can actually help you improve your quality of life.
James Petzke @ This Is Common Cents writes The Common Cents of the Latte Factor – The Latte Factor is an important thing for many people to take a look at in their lives.
SBB @ Simple Budget Blog writes Common Budgeting Mistakes – Find out the common budgeting mistakes and how to avoid them to keep your budget in control.
Miss T. @ Prairie Eco Thrifter writes How to Have a Green Christmas – Your Christmas holidays don’t need to suffer at the expense of being green. There are numerous ways you can reduce your impact and still enjoy the season.
CAREER AND INCOME
Invest It Wisely @ Invest It Wisely writes Explore All of Your Options Prior to Attending College – I have seen this first hand as an educator and I have developed a hypocrisy that is ill-fitted for my career path. I, no longer feel that a college education is the most logical step post-high school.
JP @ My Family Finances writes Yes. Parents Should Open a 529 Plan for Their Children – The simple fact is that if college costs continue to grow at current rates, you’d have trouble saving too much money. Don’t let the magical final number get in your way of starting a 529 Plan.
DEBT AND CREDIT
John @ Married (with Debt) writes Threats to Debt Freedom – The biggest threat to debt freedom is…going back in debt, and that’s one of my biggest worries now that we are debt free (minus the house). I don’t plan on going out and borrowing any money in the near future, but I guess that’s the idea.
Kyle @ The Penny Hoarder writes Finding The Best Credit Card Rewards – There are a lot of places that claim to know the best credit card for rewards, but the truth is that the best rewards for credit cards are truly up to the individual who uses them. The reason is that each person values things differently.
TTMK @ Tie the Money Knot writes Ten Tips to Avoid Debt in Your Life – Some people are comfortable with lots of debt, or oblivious to its hazards. Not me, and I want to share with you 10 tips to avoid bringing debt into your life.
INVESTING AND SAVING
Mr. Money @ Smart on Money writes Best Ways for Young Workers to Save for Retirement – Albert Einstein once described the principle of compound interest as one of the most powerful forces in the world. While he may have been exaggerating, there is some truth to that statement.
Dave @ Excess Return @ Excess Return writes Finding a Dependable Financial Advisor – Even the savviest of investment managers cannot singularly select and track stocks in different asset classes, and have experienced teams helping them with data collection and analysis. So an individual investor will likely not succeed at this new diversified market-neutral investing paradigm without help.
Ted Jenkin @ Your Smart Money Moves writes How Much Does That Tooth Cost? – My son is now at the age when the baby teeth start falling out. I forgot how exciting this event is for kids.
Div Guy @ The Dividend Guy Blog writes Dividend Growth eBook – This is the most inexpensive and helpful guide on building a solid dividend portfolio. You’ll make your money back in minutes!
Super Saver @ My Wealth Builder writes My Simple Test for Financial Presenters – While the presenter uses the seminar as opportunity establish personal contact, I use the seminar as an opportunity to evaluate the financial advisor and the products. Here is what I look for from a seminar presenter.
Daniel @ Sweating the Big Stuff writes Lifestyle Inflation – What To Consider Before Telling Yourself Yes – Thinking about upgrading your gadgets? Ask yourself these 5 questions before you take the plunge.
Corey @ 20s Finances writes Actual Cost of an iPhone 5 – The iPhone 5 has hit the markets and is ready for consumers. Have you calculated how much it will cost you to own the iPhone 5?
Tushar @ Start Investing Money writes Investing in Egypt’s future – With Europe and the USA facing huge economic challenges and barely registering any meaningful growth, investors around the world are looking more and more at alternative markets in which to place their capital.
CAPI @ Creating a Passive Income writes 5 Reasons why Passive Income is too Good to be True – Are you thinking about focusing on passive income? While it is possible, don't ignore these warnings about passive income.
Wayne @ Young Family Finance writes Prepaid Cards – The Perfect Gift? – Are you looking for the perfect gift for someone? Whether it is for Christmas or for their birthday, you have many options. A few years ago, you were left with very few options. It was either a specific item that you made or purchased OR cash. That was it. Only a couple options.
Jennifer Lynn @ Broke-Ass Mommy writes The Saving Conundrum. Are Savers Financial Losers? – Well are Savers also financial LOSERS? Read more to find out, perhaps you’ll be surprised!
krantcents @ KrantCents writes Plan for the Unexpected! – What do you do when the unexpected happens? Things happen and you cannot do much about it. You cannot plan for every expense, but you can plan for the unexpected! You can set aside savings for the unexpected as an emergency fund. Things happen such as illness or your car breaks down.
Crystal @ Budgeting in the Fun Stuff writes Closing Costs for a New Home – Here is Your Arm and Leg… – We are closing on our new house in a couple of weeks. Here are our closing costs and what we will have left in our emergency fund.
Kanwal @ Simply Investing writes Which Company Has Increased Their Dividend Over 1000%? – In late 2002 this stock was selling for about $15 to $18 a share, and the dividend was $0.19 per share. Remember a dividend is a cash payment made to all share holders. So if you bought 500 shares in this company back in 2002 for $15 each, you would receive $95 (500 shares x $0.19) in dividends just for owning those shares.
PPlan @ Provident Plan writes Does God Want You to Drive a Hybrid? – Hybrid cars are becoming increasingly more affordable and popular. Find out why you should consider buying one.
Luke @ Learn Bonds writes Reading the Signs in the Current Bond Market – Investors are currently facing difficult choices: lower their expectations and/or take more risk. Is this the solution?
A Blinkin @ Funancials writes How Can I Bet Against the Stock Market? – How to bet against the stock market with put options, shorting stock and inverse ETFs.
Ray @ Squirrelers writes How Often Should You Check Stock Prices and Monitor Your Portfolio? – There are many people who just can’t stop checking stock prices every day. The thing is, is it really a good idea for the average, everyday investor to be doing this?
RISK MANAGEMENT AND INSURANCE
Jason @ Work Save Live writes What Does Life Insurance Cover? 4 Ways to Help Your Legacy – Today’s post will be a little different as I’m going to integrate video for the first time ever here on WSL! So, before you skip down to today’s post, please take 1 minute and watch the video below: What Does Life Insurance Cover?
REAL ESTATE AND PROPERTY
Paul Vachon @ The Frugal Toad writes How to Save for a Home Down Payment – If you are planning to buy a home, you know it takes a lot of money. However, it takes a lot of planning as well. Here are some things to consider when saving money for a home, and what you need to do to get your finances in order so that you can afford a home.
Eddie @ Finance Fox writes Saving Money on Home Renovations – Increase the value of your home or just want to make your house more livable until the housing market bounces back, home renovations are the way to go
Tushar @ Finance TUBE writes Closing On Your First Home: What to Expect at the Closing Table – Today we will talk about Closing on Your First Home: What to Expect at the Closing of your first home? Well it is such a huge investment and you might be wondering who would be represent at the Closing Table.
TRL @ The Retired Landlord writes Traits of a Profitable Rental Property – Find out what makes a successful rental property more profitable than others. Knowing these three traits can make a huge difference.
Ashley @ Money Talks Coaching writes Too Hard To Save? – On the way home from the bloggers conference I sat in the middle row between two guys.
Jamie @ Financial Footsteps writes Should you rent a furnished apartment? – Moving your stuff isn’t easy. Are furnished apartments a better solution?
RETIREMENT AND TAXATION
Jon the Saver @ Free Money Wisdom writes Protection for your Money – Protection of money is not exactly a hot topic these days. Heck, most people don't even save their money! Use some fundamentals to ensure that your money stays safe.
Todd @ Financial Mentor writes The Essential Wealth Building Principle Revealed By Roth IRA Conversions (It’s Not What You Think!) – Explains a unique and important wealth building principle using Roth IRA conversions as an example. Learn how you can accelerate your wealth plans…
Rich @ Growing Money Smart writes 401K Fight Club Rule #1 – Always Take The Free Money Offered By Your Employer’s 401(k) Company Match! – There is a pile of 401k match money sitting on a table with a sign that says ‘Take me, free money’… So why aren’t you???
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I used to believe that an education was the solution to everything. All of our problems could be solved by going to college. I thought the process was simple: if you want to learn something or make money, you just need to go to college. I thought that college was some “job-making” factory of sorts.
Growing up my parents always told me that I needed an education. The solution for everything always was an education.
Then I went to college and learned that there was more to life than just an education. I also learned that you need more than an education to make an impact in this world, make money, and more importantly — save some money.
If education isn’t the only solution, what is? Taking action is.
Okay since that’s too vague, let’s get specific about what taking action is really all about:
That’s what trumps an education in my eyes. What do you think?
Before I say anything more, I want to borrow a paragraph from Seth Godin:
“College wasn’t originally designed to merely be a continuation of high school (but with more binge drinking). In many places, though, that’s what it has become. The data I’m seeing shows that a degree (from one of those famous schools, with or without a football team) doesn’t translate into significantly better career opportunities, a better job or more happiness than a degree from a cheaper institution.”
That makes sense. When I finished with college I started to read more unconventional literature on achieving success in life. This opened my eyes to a whole new world that I never knew had existed before.
There are a few goals that I want to hit before I worry about more education.
What are these non-educational goals for now?
There’s this myth where we assume that learning something is the same as applying it. This is not true at all. This is why I’ve set out to learn as much as I can on my own without more formal education for now. Who knows what the future holds? I’m ready for the challenge!
I’m curious to hear from you guys — what has helped you reach your own level of success, aside from a formal education?Google+ Comment: 1 Read More
I’m leaving the world of PF finance & Online Empire for a total different topic today; I want to share with you a lesson in confidence my 7yr old taught me. This post is for you to bookmark if you ever lack in confidence at one point in your life. I’m sure you have and so have I.
Being a father of three is the most awesome experience I have had in my life. It’s so fulfilling because you grow as your children evolve over time. Each year, each month, each day; they help me to become a better human being. I’ve shared my anxiety towards my new job a few months ago. Since then, it has been going a lot better. In fact, I now enjoy coming to work each morningJ. But my oldest son taught me the ultimate lesson in confidence a week ago.
Being confident is probably the most important trait you can have as a human being. Without confidence, it’s hard to accomplish anything. You doubt, hesitate and most probably will fail. This is why being confident is so important. If you have been following my blog for a while, you probably know that I coach my son in soccer and that he is a pretty good player. He plays with confidence and determination. This is why he led his team last year. The mix of confidence and ability enables any player to elevate his game in any sport. This is what was happening with my son last year. It took him 3 years to know that he was able to play well. I even used his sports success to motivate him to do his homework and study in school.
Over the winter, William attended two soccer camps; one in the fall and one right before the summer season. During the last one, another player told him that he wasn’t good and wasn’t even able to score. This was a typical example of how kids pick on each other all the time. At first, you can say that it’s nothing to worry about. Kids are kids and unfortunately, they pick on each other. William didn’t scored one goal during that soccer camp. I didn’t notice it at first as he was playing well anyways. When the season started, I noticed that he wasn’t as confident. He missed a few goals during the first games and then, he wasn’t able to rush on the ball as he used too.
Scoring a goal seemed like a lot of pressure for him all of a sudden. While he used to score three to four goals a game, the simple idea of shooting the ball at the goalie was asking too much by his coach (me!). I didn’t understand and tried to talk with him. He was playing very well on the defensive side but had no more spark during offensive play. After 6 weeks of play, I couldn’t understand as the situation wasn’t getting any better.
I wasn’t concerned about his soccer performance but I was seriously concerned about his lack of confidence. I got scared my son would diminish his self esteem easily when facing obstacles. I had a discussion with my wife about it and she suggested letting go. It seems that talking about a problem sometimes put too much emphasis on the problem and not enough on the solutions. Since the solution for confidence has to come from inside one’s self, there was nothing much I could do.
This is why I almost stopped talking about soccer and even playing soccer with William at home (unless he asked). After two weeks or so, he started to play better and even scored one goal. He wasn’t at his top but he was getting better.
About a week after he scored his first goal, we went on a tournament. After the first game, we had five penalties shot. I chose William to be one of the shooters. He scored and we won the game. The next morning, we won our second game while William was the best player on the field. He then started to play at a level I had never seen until then. He was even better than last year. We won our three games during the tournament, William has gained respect from this teammates and he took the place he deserved. I don’t know if it was the tournament or the penalty but there was something during this weekend that had transformed his lack of confidence into a burst of confidence.
Building trust and confidence takes several aligned successes. It’s only after hard work and several achievements that one can be confident enough that he can face anything. Then, it only requires a single obstacle to crush this confidence to zero and have to start all over again. The worst part is that obstacle can also lead to low self esteem and the process of building confidence becomes even harder.
I’ve lived a similar situation with my new job not so long ago where I was facing several obstacles and wasn’t getting the success I’m used too at first. The solution to get back your confidence in that kind of situation is not to pursue the problems but to find a solution. The solution is simply to let go and wait for the “event” that will bring your confidence back.
As weird as it may seem, once built, confidence is easily lost but easily regained too. It only needs a special event that will change your mind set and let your confidence take the place it deserves in your brain.
So if you ever lack in confidence regarding something, just let it go and you will become more successful
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