Archives for August 2016

A Process to Defeat Depression & Sadness

tip-o-the-morning

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Edgar Allen Poe suffered from depression. If you lived his life, you probably would have been depressed too. He was born in 1809 to a couple of actors. He was two when his father abandoned him. His mother, unable to take care of him, left him with John and Frances Allen. His mother died soon after that.

Poe was rejected by the literary circles of his time, which was a result of his reputation for being a crazy drunk without any talent. Poe often referred to bipolar disorder through his themes using the “double self.” Later it was called a split personality and today it is referred to as bi polar disorder or schizophrenia.

There are days when everyone gets depressed. Monday mornings are famous for triggering depression. An end to family get togethers can lead to depression. Seeing your kids off to college is another trigger for depression.

You are definitely not alone when it comes to depression. We all experience these momentary bouts of depression or sadness.

One of the anti-depression strategies I uncovered in my five-year study of the daily habits of the wealthy involves engaging in a creative activity. Depression seems to fade away during creative pursuits.

It’s in our genes to create. When we create we are at our most human state and when we are at our most human state, we become happy. Creativity creates happiness and happiness displaces depression.

We all have some creative skills. It’s hardwired into our DNA. We are all creative beings. For me, it is writing. For others, it is painting or music or knitting or building. I actually have grown to envy builders because builders get to create for a living.

When you are immersed in any creative pursuit, the right side of the brain takes over and suppresses that part of the brain where depression resides. It’s hard to start a creative project when you are in the midst of depression and that is why you should plan your creative project far in advance of the depression-triggering event.

As you get older, you get better at identifying when those events will likely occur. Setting a date for starting your creative project, far in advance of the depression-triggering event, will help you process the reversal of the approaching depression.

 

 

 

 

How to Stop the Habit of Spending

Author: Jennifer Outram, SEO & Digital Marketing Specialist  Big Leap, LLC jen@bigleap.com

If you’ve recently become self-aware of your spending habits, it probably means something bad happened. Maybe you were hit with a slew of overdraft charges, had your card declined, or saw a ding to your credit score from missed payments or too high of a debt-to-income ratio.

You may feel bad and guilty about these things, but you’ve now been sufficiently humbled enough to admit your problem and begin changing your habits and rebuilding your credit. And here are five ways to get you started on the path to better financial decisions

Budget and Inventory

Find out what went wrong. Know your numbers – your income, how much your bills are each month, how much you spend on coffee, gas, groceries, etc. This will give you a clearer picture of where your money is going. Once you realize that you’re blowing a huge chunk of money at Starbucks or online shopping, you can start setting specific goals and boundaries for your spending.

Cash is Key

Now that you know how much comes in and how much goes out on bills and necessities, it’s time to set limits on your discretionary spending. The best way to do this is to convert to cash. Allot yourself an amount for clothing, coffee, or other “fun” purchases, and take out that amount in cash. The most important part – LEAVE YOUR CARDS AT HOME. I know, crazy, right? But when you have the back-up of your cards, you’ll find yourself quickly rationalize spending more than you rationed because you can “just throw the rest on the card.” This will add up, so be disciplined with your cash.

Create a Vision Board

Do some real soul-searching and figure out what motivates you to change your habits. Maybe it’s a trip, maybe it’s retirement, maybe it’s to lose weight, maybe it’s simply to have the security of an excellent credit score and a comfortable savings account. Whatever it is, make a visible reminder that will help keep you motivated. Hang a picture of your vacation destination in your office or as your screensaver, create a poster with a gauge you can fill in as you hit different savings goals, or a picture of a healthier you that you want to get back to. Whatever it is, remind yourself of it as often as you can to help keep your spending in check.

Dedicate someone to be your second opinion

When you’re in the moment, you may think that those shoes really can’t wait, and you need them here and now. But after a few months of sitting in your closet, you might see them and realize they aren’t as cute as they looked in the store lights. This is where your designated second opinion comes in. Before you’re tempted to purchase something impulsively, take a picture and send it to this person, and get their opinion on how important it is. Obviously, you’ll want to tell them of their role beforehand, and that your goal is to cut back on spending. They will help talk you down when the pressure is hard.

Skip the cart

Shopping carts are big and getting bigger. Seriously. If it’s just a habit to grab a cart when you go shopping, opt for a basket instead. You won’t be able to fit as much and your arm will get tired, so you’ll naturally shop and spend less. This will help you stick to your list and avoid impulse shopping, so skip the cart and reach for a basket or your own arms instead.

These tips can help you gain control of your finances and rein in your spending.

The Creativity Gene

tip-o-the-morning

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Humans are the only species on earth who have the innate ability to create tangible things from mere thought. We have the ability to dream and turn those dreams into reality.

Each of us is endowed with the Creativity Gene. Those individuals who harness their Creativity Gene change the world and become wealthy in the process.

When you add value to society by creating something society wants or needs, society will reward you financially.

Only when we create are we truly being human. For some unknown reason, we were the only species on earth blessed with this unique gift to create. Those who spend their lives creating, are the happiest human beings. That is life’s reward for utilizing the Creativity Gene. Happiness. Creating is our purpose in life.

For most, unfortunately, the Creativity Gene remains dormant. When we ignore our purpose in life we find ourselves unhappy, eking out a living, never reaching our full potential. Making use of this Creativity Gene is the path to happiness. Ignoring it is the path to unhappiness. If you want to be truly happy in life you must create. You must activate your Creativity Gene.

 

 

 

 

Speaking Engagement – Ordinary to Self-Made Millionaire Habits

One of my recent speaking engagements where I share 15 of the top habits that helped transform 177 ordinary people into self-made millionaires:

 

 

Is Being Rich or Poor a Choice?

The rich and the poor share very different ideologies

 

The Power of Daily Self-Improvement

tip-o-the-morning

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Some of the greatest historical figures worked diligently at self-assessment and self-improvement.

Benjamin Franklin and George Washington created lists of good behavioral activities to help them eliminate any defects or bad habits they thought they had.

Benjamin Franklin’s list became know as the 13 Virtues of Life. He compiled this list at the age of 20 and spent the remainder of his life trying to live by those virtues.

George Washington’s list is known as the Rules of Civility and Decent Behavior. Washington created this list while still a teenager.

Is it an accident that these two self-improvement fanatics had enormous success in life?

Rich Habit #1 is known as the Self-Assessment Rich Habit. One strategy I uncovered in my research is to create a list of all of your bad daily habits and invert them into good daily habits.

Another strategy I uncovered is the five-year letter. This is a letter you write today about the future you. Included in this letter are all of the qualities and good habits the future you possesses. When done, you have a life plan that will act like a blueprint for pursuing the life of your dreams.

 

 

 

 

The Power of Worry

tip-o-the-morning

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There’s a huge difference between chronic stress and worry.

Chronic stress is an elevated level of anxiety that shuts down part of the brain (pre-frontal lobe), disabling your ability to think clearly. Chronic stress also depresses the immune system, making you vulnerable to viruses and bacteria and susceptible to diseases such as cancer.

Worry, on the other hand, is a mild form of anxiety that does none of those things. We tend to think worry is a bad, negative things. But research shows a little bit of worry can actually help you to succeed in life. Researchers at Ontario’s Lakehead University, led by Alexander Penney, surveyed 126 undergraduate students about their feelings in regards to anxiety, depression and worry. Students who ranked high on the verbal intelligence scale tended to worry more often.

Why is worry good for you?

  • Worry keeps you alert and aware of your surroundings. it forces you to pay attention. This is a good thing because being aware of your surroundings allows you to see opportunities that others miss.
  • Worry forces you to constantly think about solutions to your problems.
  • Worry pushes you outside your comfort zone. It empowers you to experiment with new ideas in the hope of finding that working solution that will solve the problem that is causing you to worry.
  • Worry nudges you to learn more. It alters your behavior in a positive way by pushing you to become more knowledgable about the problems problem that are causing you to worry.
  • Worry allows you to think about every conceivable outcome, good or bad, on actions you take and decisions you make.
  • Worry forces you to pay attention to the details. The devil is always in the details and can derail goals, projects and initiatives.
  • Worry stops you from procrastinating. It forces you to get things done. It not only pushes you to take action, it also pushes you to complete your tasks.
  • Worry helps you prioritize what’s important and what’s unimportant. It helps sharpen your focus on doing the things that matter, that produce results that matter.
  • Worry allows you to plan for the future. If your worried about your future you will take action. If you’re not worried, you won’t.

 

 

 

 

 

Mentored For Success – The Mentors Behind Self-Made Millionaires

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Mentors are critical to breaking free of poverty or a middle-class upbringing. Almost 92% of the self-made millionaires in my study had some mentor that they could point to who helped them become rich. These mentors taught them new habits, new beliefs, how the rich think, how the rich set and achieve goals, processes that lead to success and tricks that put helped put them on the fast track of success.

Who were their mentors? [Read more…]

What’s Your Definition of Success?

tip-o-the-morning

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I get a lot of emails every day, mostly from readers of my books or blog. But every now and then I get emails from individuals trying to sell something.

The other day I received an email from some “expert” who was bragging about helping an author sell 50,000 books. In the email he was trying to sell their book promotion services to authors.

My first thought was, “how do consider 50,000 books successful?” I then deleted the email.

But it forced me to think about the definition of success. From the perspective of a new author, I suppose selling 50,000 books would be a major success. You see, your perspective affects your definition of success.

If you are eking out a living, struggling to get by, you might view anything that helps you earn more money worthy of pursuing. You might even drop $100 on some scheme that promises if you do X, Y & Z you will be able to earn an additional $500 a month. That $100 could make you $6,000 more a year. It’s worth the $100 and your time. To you that’s a successful investment.

It’s success because of where you started – broke. That $500 a month puts an end to being broke. It alters your circumstances in life.

Now consider an individual who just got a bonus for $100,000. They run across the same ad. And they think to themselves, “why would I invest $100 and my valuable time to make only an additional $6,000 a year?”

So, they ignore the ad. From their perspective, the prospect of making an additional $6,000 in exchange for $100 and their valuable time is simply not their definition of a successful investment.

Your definition of success depends on your perspective. Your perspective is determined by your current life circumstances.

Opportunities for success are all around you. Whether or not you take advantage of those opportunities depends entirely on your perspective. One man’s definition of success is often very different than another’s.

 

 

 

 

 

Don’t Wait Until the Time is Right For the Teacher to Appear

tip-o-the-morning

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You could be told by 100 different people that you need to lose weight, moderate your consumption of alcohol, read every day in order to grow, call your mother, or (fill in the blank).

Most ignore the advice given by others. Until something happens in your life that opens your eyes and your ears. When your perspective changes on something, you become more receptive to advice.

It may be a visit to your doctor, where you learn that you suddenly have high blood pressure or learn  that your liver is unhealthy. Suddenly, you find yourself exercising, eating right and moderating your consumption of alcohol.

You might get fired from your job. Suddenly, you find yourself reading more about the things you need to know in order to become more expert in what you do.

You might learn that your mother is unhealthy. Suddenly, you find yourself calling her every day.

Those who succeed in life are perpetual students. Their eyes and ears are always open. They don’t wait until the timing is right in order to take the advice of others.

Keeping your eyes and ears open to advice is a Rich Habit. It takes practice to develop this habit.

Don’t be like everyone else and wait until some outside event forces you to open your eyes and ears to advice. Make it a daily habit of being open to the feedback and advice of others.

How?

Create an Advice Binder. In this binder you write down all of the advice you get from others. Then review your Advice Binder once a week. This keeps your eyes and ears open to advice. This habit will help program your mind to do the right things in life; to live your life in such a way as to avoid having to face circumstances that force your eyes and ears to open up.