Sunday, November 27, 2016

Things don't always go as planned, but in retrospect they always seem to turn out for the best

Seven years ago I started a financial journey with my kids in the hopes of not only teaching them good financial habits, but also teaching them important lessons in entrepreneurialism as well as in life. I got their buy-in and I helped them each set up a business so they could start earning income. With that income they were to divide it into 4 important categories: Giving, Investing, Saving and Spending.

Well, things started off beautifully. My kids were excited to start earning money and then divide it into the different categories. My kids generously gave to the church and various local charities. I helped my kids invest a portion of their money into a Roth IRA to shelter their money from taxes as well as to start their retirement plans – it’s never too early. We had fun calculating how much it could grow into based on getting different interest rates. My kids set goals to save up for and met those goals – my son saved up for a laptop computer and my daughter saved up for an iPad Mini. My kids had fun budgeting and making purchases with their hard earned money. My son bought his own video games and Lego sets, while my daughter bought her own stuffed animals and dolls.

Fast forward to today and my kids are still doing all of the same things I mentioned above. So, “What’s the problem?” You may ask. Well, the problem is that I envisioned so much more – and who doesn’t envision much more for their kids? I envisioned my kids becoming more entrepreneurial and wanting to and finding ways to make as much money as possible so that there would be higher amounts of money in each of the different categories. I envisioned my kids really wanting to get involved with a specific cause or charity that they really had passion for. I envisioned my kids becoming more goal-oriented and wanting to set and accomplish larger and larger goals. I envisioned my kids becoming more budget-conscious and less frivolous with their spending.

I’m always learning and one thing I’ve learned is that not everything goes exactly as I envisioned in my head. That’s why, especially when dealing with people, it is very important, if you have a vision, to share that vision and keep on sharing it to make sure that everyone involved knows what it is and what the expectation level is. It is always good to remember that people are not mind readers.

So, as I go along on this journey of important lessons with my kids, I have to chalk up this lesson as one they taught me.

I'm so excited to share this information with you. If you have enjoyed the information or feel that it would benefit someone else, please share it. If you have any comments, please post them below, otherwise, feel free to contact me.

Sunday, November 20, 2016

5 Ways to Increase Self-Confidence & Self-Esteem
Written by Jack Canfield

Do people with high self-confidence achieve greater success?

“I need to increase my self-esteem” is a statement I hear often from my students. Their belief is that once their self-confidence and self-esteem is higher, they’ll be able to achieve more and become greater successes.

While it’s true that a high self-esteem can assist you in creating the life you dream of, the mistake most people make is how they think about self-esteem. It’s not a thing to be increased or decreased, although that is the common terminology. Instead, self-esteem is a verb; it’s the process of esteeming yourself.

According to the Merriam-Webster dictionary, esteem means “to set a high value on: regard highly and prize accordingly.”

In other words, the process of boosting your self-esteem starts with deciding that you are valuable and treating yourself as such.

5 Good Habits to Build Great Self-Esteem
1) Believe in Yourself
The first step in creating greater self-esteem is to believe in yourself. It’s your responsibility to take charge of your own self-concept and your beliefs – including belief in your worth, your talent, your abilities, and your potential.

2) Identify 9 Major Successes
Research has repeatedly shown that the more you acknowledge your past success, the more confident you become in taking on and successfully accomplishing new ones. A simple way to start this process is to take an inventory of your major success. Divide your life into three time periods – from birth to 15, 16 to 30, and 31 to 45. The list three major successes from each time period.

Divide your life into three time periods – from birth to 15, 16 to 30, and 31 to 45. Then list three major successes from each time period.

To really convince yourself that you’re a successful person who can continue to achieve great things, keep going with your list.

See if you can identify 100 or more of your life successes.

3) Keep a Victory Log
Recall and write down your successes each day. This will log them into your long-term memory, enhancing your self-esteem and self-confidence. Whenever you need a boost of self-confidence, reread what you have written. Keeping and referring to your victory log keeps you focused on your successes instead.

Keeping and referring to your victory log keeps you focused on your successes instead.

4) Display Success Symbols
What you see in your environment has a psychological impact on your moods, attitudes, and behavior. Surround yourself with awards, pictures and other objects that remind you of your successes. Create a special place in your home – such as a hallway, shelf or even the top of your refrigerator – to display your symbols. This will subtly program you to see yourself as someone who has consistent successes in life.

5) Keep Your Agreements
One of the most commonly overlooked ways to boost self-esteem is to keep your word. Every agreement you make is ultimately to yourself, even those that involve other people. Your brain registers agreements as commitments. If you don’t follow through, you learn to not trust yourself. You lose integrity and faith in your ability to produce a result. Don’t undermine your sense of personal power – keep your commitments.

Increase Your Capacity to Take a Risk
To understand the importance of esteeming yourself, imagine you were playing poker. If you have 10 chips and I have 200 chips, who do you think will play more conservatively?

You will, of course, because the stakes are higher for you. Two losing bets of five chips each would put you out of the game. I, on the other hand, could lose five chips 40 times before I was out.

Your self-esteem is like a stack of poker chips. The higher it is, the more willing and able you are to take the risks that will lead you to greater success.

Use the ideas shared in this article to create and maintain the high levels of self-esteem you need to get where you want to be.

Jack Canfield, America's #1 Success Coach, is founder of the billion-dollar book brand Chicken Soup for the Soul©Inspirational Books)© and a leading authority on Peak Performance and Life Success. If you're ready to jump-start your life, make more money, and have more fun and joy in all that you do, get FREE success tips from Jack Canfield now at: www.FreeSuccessStrategies.com/.