Reading Ariely’s “Dollars and Sense” to understand “how we misthink money and how to spend smarter.”


This is the moment of the week to visit my local bookstore and discover what’s new on the shelves.

reading-1Walking through the aisles, my eyes glanced over a blue hard cover book entitled “Dollars and Sense” with a human head design which carries the subtitle “How we misthink money and how to spend smarter,” co-authored by Dan Ariely and Jeff Kreisler.

I read the inside front and back jacket to know about the content and the authors. Interesting enough to pick it and go for a read.

You have to read it yourself for an in depth summary of this material.

I will just mention that this book brings to life a definition of money and how it interacts with our emotional being. It is dedicated for the wonderful things money does for us, the terrible things it does to us, and all the grey matter in between.

dollars-3We are all inside a “Money volcano,” say the authors inviting us to think more and better about money and make better financial decisions in a more and more complex and advanced world.

Money is the top reason for divorce and the number one cause for stress, they say.

What can we do to sharpen the way we think?

Their answer: Financial Education, or financial literacy.

They mention that this book is not intended to “financial literate” us . It reveals, according to the authors, how we think about money and the gaps between our conscious understanding of how money works and our reasoning.

This is a good read. But, after a couple of hours flipping more than 200 pages, I am still thirsty on my quest about how to be smarter about the money thing.

To spend more and smarter will require to become smarter to make more, to keep more, and to accumulate more.

I have not yet seen this “more” in the book. And , I am still thirsty. But I can’t agree more with the authors: “Ignorance is  bliss.”

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Do you know why “Ignorance is Bliss?”

Read, and you’ll know.

Be well!

Roosevelt

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Development: moving from nations development, to personal & self-development


The  half of the 20th century is called the century of development. Geographer Alfred Sauvy coined the concept of “developed country” which he opposed to “underdeveloped countries.”
One question being posed: what enabled some societies to develop democratic institutions and sustainable economic wealth while others were prone to dictatorship and outcry poverty?
Some argued that their paths to modernization were different based on their historical conditions.
Among these are whether the pre-modern agriculture of a country involved serfs who were tied to the land in near slavery, or was based on more or less independent peasants?
Immanuel Wallenstein , a sociologist, stated that in a world dominated by capitalist trade, poorer countries could not grow wealthy by simply following the example of those who had done so earlier.
The world systems have been already dominated by countries which led industries that innovated and could compete more in a capitalist trade environment.
Countries with less advanced technology capacity and industry development were at a disadvantage.
Internal underdevelopment factors added to external forces of the world systems, and global trade will keep them in disarray.
The new century is shifting toward personal development and self-development. More and more people understand that they have to take into their own hands their well being and not to count on institutions and government for help.
People have choices to live their lives and the social roles they assume.
We all agree with Shakespeare “Life is a theater. Everyone is playing a role.”
The better you are, the better you play your role, and the better you contribute to the development of your community.

There’s a financial-literacy crisis in the U.S., according to the WSJ. And, we have a program for that!


Can you imagine taking a test, and 99% of the class fails the test. Who is at fault: the teacher, and/or the students?

when I ask my friends this questions, some of them answer the teacher, others tell me the students are at fault, and some others agree both of them.

12998_0ab07Whatever their answer, I tell them this is exactly what happened with the test of personal finance in our life.

Only 1% has been successful in this test of personal finance. Only 1% has conquered the passing grade to have time and money and to be financially free.

I just read this story from the Washington Street Journal. It confirms that ” here’s a financial-literacy crisis in the U.S. And it is probably even worse than it seems.”

I invite you to read this story yourself. Click here…

Now that the problem is defined, we also have a solution which a Total Financial Literacy Program married to an Entrepreneurship Program.

I invite you to watch this quick video and I will appreciate to have your feedback and continue this conversation. Click here…

God Bless,

Roosevelt

 

 

 

 

 

 

After Irma, an upcoming leadership week-end in Florida with life coaches Georges & Jill Guzzardo to bring hope and meaning to LIFE.


I am excited to announce a full, pack leadership development event in Florida, this upcoming week-end with life coaches Georges and Jill Guzzardo. After the passage of hurricane Irma, this self-development and community event will bring hope, power, and meaning to live the life we’ve always wanted.

ABOUT GEORGE AND JILL GUZZARDO

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After completing their college degrees in Chicago, they moved to Michigan’s Upper Peninsula. Over the next twenty years George worked in a private Physical Therapy practice where he pioneered a state of the art industrial wellness program for the mining and forest industry. In addition, George was active in sports medicine and stress management. Jill built a home health agency that expanded into four counties. She helped develop a computerized home health assessment record system that was eventually marketed nationally.

George and Jill’s passion to help people was rekindled after partnering with best-selling author and leadership experts Orrin and Laurie Woodward. They became job optional after learning about the leadership and financial principles taught in LIFE Leadership. This new found autonomy led to the the opportunity to relocate into the foothills of Tucson, Arizona where they reside full-time.

george-jill-guzzardo-jeepThey own a private eight acre retreat where they enjoy rescue horses, nature trails, photography, and off-road four-wheel driving in the mountains behind their Tucson home. It has been particularly fulfilling to be to able assist a local non-profit organization involved in helping children and families. They enjoy spending time with their new grandchild and helping friends succeed in the LIFE Leadership program.

They are extremely passionate about their purpose, which is helping people learn about the financial and leadership principles taught through the LIFE Leadership company. Best-selling author Orrin Woodward writes about how they survived the 2008 boom/bust cycle first-hand in his book, ‘The Financial Matrix.’ They have used those same principles to help numerous people free themselves from debt, develop additional assets, and most importantly: help others pursue their dreams.

George and Jill currently mentor aspiring leaders across the world. They speak to thousands about leadership and lead communities all across the country. George has a widely read blog at: georgeguzzardo.typepad.com. and is currently working on the release of his new book about ‘Historical Leaders and the Torch of Freedom.’ They directly mentor with top leadership experts, Orrin and Laurie Woodward and are currently Policy Council members, LIFE Coaches, and Co-Founders of LIFE Leadership.

Florida Men’s Leadership Meeting – September 15, 2017

Hyatt Regency Orlando International Airport
9300 Jeff Fuqua Blvd
Orlando, FL 32827

When: September 15, 2017
Time: 8:00pm
Qualification: Any Member with a ticket to the September seminar can attend. There is no rank qualification for men to attend the first talks of the evening from our speakers. We then welcome anyone who is Go-Getter to stay and listen to additional talks from our speakers!
Cost: $10.00 (Cash Only) At the Door
Speakers: George Guzzardo

Florida September Seminar – September 16, 2017

Hyatt Regency Orlando International Airport
9300 Jeff Fuqua Blvd
Orlando, FL 32827

Date: 09/16/2017
Time: 5:00 pm
Cost: $35 (USD)

Reaching goals and having new socks: the fun of delayed gratification.


My wife, Marijo, just bought me new socks as a reward for having reached part of my goals for the last business cycle which was to be Power Player and to break Power Players.
I will tell you more about Power Player in another post.
But today, my aim is to share with you the feeling to tie a reward to your goals to motivate you to run to the last second to reach it.
Bestselling author Orrin Woodward in a couple of speeches you can have access to on Rascal Radio teaches the importance of “delayed gratification” and the personal uplifting to tie a reward to your goal.
I could have gone and just purchased my new socks and wear them.
But there’s something personal when I told my mentor I need new socks and I will have them and wear them when I am Power Player and break Power Players.
In my mind, those new socks are like a trophy.
Just imagine, you go online and purchase a basketball trophy and hang it in your living room without playing any game, without confronting any opposing team, without any sweats.
This trophy will have no value by itself. There will not be any story of dreams, struggle, victory attached to it.
That’s why I like what I do. I set goals and attach rewards to motivate me and to keep going.
I have new shirts, new shoes. I will wear them when I reach specific goals.
I attach goals to a new beach estate, new cars, new travels. It’s fun.
I am part of a business community in which we have fun, make money, and make a difference by setting people free from the financial bondage of debt, to not surrender their dreams to live the life they’ve always wanted.
Rascal radioI play the Power Player Game. I say Power Player and not Power Baller. It’s a game totally different from the lotto. It requires the best of you, it reveals you to you, and to your peers.
This is a systematic approach to community building strategy erected by the Life Company under the leadership of bestselling co-authors Orrin Woodward and Chris Brady.
This game teaches us to speak the language of excellence which doesn’t occur by accident, but rather, from intentional effort correctly applied over time.
Subsequently, a person’s example of excellence increases his ability to influence others.
What’s your goal? What rewards do you attach to it?
Are you part of a personal development program?
Do you speak the language of excellence?
Just asking.
Please, reflect, ponder, and share.
Be well.
Roosevelt