Financial Planning for Smart People
“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan ‘press on’ has solved and always will solve the problems of the human race.” — Calvin Coolidge
Dear Friends,
Clocks and watches all over the world have the same number of hours in each day – 24. And that’s what we get each day. I have 24, Bill Gates has 24 and Warren Buffett has 24. And you do, too. It’s up to you to determine how to spend every minute.
You can waste your days sleeping late, watching television, hating your job and wishing you had a better life. Or, you can spend your time creating a better life – a world devoted to improving yourself and the lives of others. So what are you going to do with each day’s 24 hours?
By Paul Ferraresi:
This week I want to talk with you about leaving an impact legacy. “What is an impact legacy?” you may ask. It is how you impact people and the world around you. You see, many people glide through life and do not make much of an impact. That is unfortunate. Others though, those driven by a purpose and passion for living, are continually making the world a better place and making an impact wherever they go. That’s what I believe you want to do.
In order to help you reflect on this during this week, I want to ask you a question: What in the world are you doing?
By: Paul Ferraresi
Over the years I have met and observed thousands of people and each and every last one of them say they want some improvement in certain areas of their lives. In fact, most of them flat out confessed that they hated certain situations they were in. But after further evaluations, I discovered that they weren’t willing to do anything about it. It seemed to be good enough for them to just sit there and wallow in their pain, anguish and misery. Read the rest of this entry »
The inner life of an adolescent is wondering: Who am I now? Who will I be in the future? How can I develop skills to handle everyday challenges, problems, and decisions? As parents, you have an opportunity to help guide your children through the ‘Tween (9 to 12) and teen years to a responsible adulthood, learning how to relate to money in healthy ways. “Tweens and teens are all ears and eager to learn about the provocative world of money and how to make money work to their benefit. But by the time they reach middle- and high school age, few, if any, have actually learned about the power of good money management from there own parents. Most parents don’t talk to their children about money. In fact, in many homes the only message the kids get about money is one that says, “In our home, we don’t talk about money, and in our home we don’t talk about the fact that we don’t talk about money!” Even in families that occasionally talk about money, parents usually don’t explicitly teach their children how to manage money. Read the rest of this entry »