Monday, October 31, 2011

The Time to Act
Written by Jim Rohn

Engaging in genuine discipline requires that you develop the ability to take action. You don’t need to be hasty if it isn’t required, but you don’t want to lose much time either. Here’s the time to act: when the idea is hot and the emotion is strong.

Let’s say you would like to build your library. If that is a strong desire for you, what you’ve got to do is get the first book. Then get the second book. Take action as soon as possible, before the feeling passes and before the idea dims. If you don’t, here’s what happens…

You fall prey to the law of diminishing intent.

We intend to take action when the idea strikes us. We intend to do something when the emotion is high. But if we don’t translate that intention into action fairly soon, the urgency starts to diminish. A month from now the passion is cold. A year from now it can’t be found.

So take action. Set up a discipline when the emotions are high and the idea is strong, clear, and powerful. If somebody talks about good health and you’re motivated by it, you need to get a book on nutrition. Get the book before the idea passes, before the emotion gets cold. Begin the process. Fall on the floor and do some push-ups. You’ve got to take action; otherwise the wisdom is wasted. The emotion soon passes unless you apply it to a disciplined activity. Discipline enables you to capture the emotion and the wisdom and translate them into action. The key is to increase your motivation by quickly setting up the disciplines. By doing so, you’ve started a whole new life process.

Here is the greatest value of discipline: self-worth, also known as self-esteem. Many people who are teaching self-esteem these days don’t connect it to discipline. But once we sense the least lack of discipline within ourselves, it starts to erode our psyche. One of the greatest temptations is to just ease up a little bit. Instead of doing your best, you allow yourself to do just a little less than your best. Sure enough, you’ve started in the slightest way to decrease your sense of self-worth.

There is a problem with even a little bit of neglect. Neglect starts as an infection. If you don’t take care of it, it becomes a disease. And one neglect leads to another. Worst of all, when neglect starts, it diminishes our self-worth.

Once this has happened, how can you regain your self-respect? All you have to do is act now! Start with the smallest discipline that corresponds to your own philosophy. Make the commitment: “I will discipline myself to achieve my goals so that in the years ahead I can celebrate my successes.”

Jim Rohn, America's Foremost Business Philosopher, reprinted with permission from Jim Rohn International © 2011. As a world-renowned author and success expert, Jim Rohn touched millions of lives during his 46-year career as a motivational speaker and messenger of positive life change. For more information on Jim and his popular personal achievement resources or to subscribe to the weekly Jim Rohn Newsletter, visit

Sunday, October 23, 2011

Three Things All Parents Should Know About Money - For Their Kids

Today is a special day for me. Today is the day that marks a major milestone - my 100th blog post! I'd like to take this time to thank all of my faithful readers, as well as welcome any new readers to my blog. Thank you for all of the comments and suggestions that you have left me - they've been a source of inspiration as well as constructive criticism. It has been a pleasure and a liberating experience writing on financial and personal development topics over the years and I hope you have gotten some value out of what I have written - I sure have!

I've found that as much as I love writing about different financial topics, I seem to have become the most passionate about teaching financial literacy to children. If you share the same passion for children as I do then you should enjoy the following video that was recorded just a few days ago at a financial workshop that I recently participated in. In the video I talk about the 3 most important things a parent should know about money for their kids, based on my experience.

I hope you enjoy and please leave me your comments below!

If you cannot view the video please click on this link

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, October 16, 2011

Tap into the Powers of Your Brain
Written by Jack Canfield

Your brain will work tirelessly to achieve the statements you give your subconscious mind. When those statements are the affirmation of your goals, you are certain to achieve them! Stating these goals can be tricky however, and your subconscious mind needs things put a certain way.

You need to be specific with yourself. The more specific you are with your goal the more your brain has to go on to make them happen.

Remember, vague goals produce vague results. Don’t be afraid to be detailed with what you want! Write it all down as if you were putting in an order. Your subconscious will make it happen for you by steering you toward those opportunities.

Your goals might seem a bit overwhelming at first glance. But look again! Do you see how your goals can be broken down into a series of steps? What needs to be done first and next and after that? Keep writing the steps until you reach the goal.

Here’s a fun fact to help you attain your goals: your brain does not know the difference between actually doing something and just visualizing something being done. Your brain processes the two the same way!

Have you ever imagined yourself making a total flop out of yourself moments before you really do? That is because your brain really experienced it when you visualized it. Your brain will work to make happen whatever is being inputted.

What do you daydream about? Do you visualize yourself being successful? Do you visualize other people judging you? What you think about, you bring about!

Make it a habit to spend time visualizing your goals in detail as if you are living them right now. Do it every day, several times a day! Your brain will begin functioning as if your goals are already attained. You will start being the person you want to be simply because that is what is being processed in your brain. Your brain will make you notice all the resources available to you that you never noticed before. You will attract all the things you need to accomplish your goal.

Don’t visualize what it will be like, visualize what it is like!

Live it right now in your mind, everything in the present tense. What does it look like right now? What does it sound like and smell like? How does it feel? Create these detailed images and show your brain what it all looks like already complete. Your brain brings to your awareness only the things that match your beliefs about yourself, others, and the world. Everything else it filters out. When you visualize your completed goals in detail, your brain filters out everything that doesn’t pertain to those goals!

Write down your goals, break them down into achievable bits and every night visualize them completed. Then every morning visualize them completed. Take the time that is necessary to go through each goal in detail. Trust this process, the power of your brain has been greatly undervalued in the achievement of your goals!

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:

Monday, October 10, 2011

Building a Bank with Your Kids Can Teach Them Important Life Lessons

When I do financial presentations for parents I usually end with the following comments to really get them thinking:

Whether or not we choose to talk with our children about money matters, they will learn by watching us. Our attitudes and actions in dealing with spending and family finances are the most powerful lessons our child will learn about money. What messages are we sending our children?

These are very powerful words and I hope they have piqued your interest. Maybe you are worried about how you are going to teach your child the important financial lessons needed to thrive in today's world. If that is the case, I sure have a neat idea for you. Below is an example of how you can teach kids many important financial as well as life lessons with one simple and creative idea.

I wrote an earlier post The Four Money Quadrants: Teach Kids Good Money Habits They Can Live With. In this post I mentioned the importance of teaching kids the habit of splitting all of the money that they earn into four quadrants. But, the trick is getting the percentages right in each of the four money quadrants. Some good numbers to shoot for in adulthood is SPEND 70%, SAVE 10%, GIVE 10% and INVEST 10%. I mentioned that for younger children the SPEND quadrant percentage should be lower whereas the INVEST quadrant percentage should be higher, however I never went into specifics. I figured that I would leave that decision to the parent, because all children are different.

Well, since I wrote that article I came across a wonderful resource called the Zela Wela Kids Life Skills Blog by Nancy Phillips. Along with all of the extremely helpful information in Nancy's blog, I also found a children’s book that she wrote called The Zela Wela Kids: Build a Bank.

The thought of building a bank with the kids intrigued me and I immediately bought the book. Nancy cleverly names the bank the "GISS" bank, to represent the four different categories: "G"ive, "I"nvest, "S"ave and "S"pend. Also, instead of talking about percentages (something most kids can't relate to), the book talks about teaching children the self discpline to break up each dollar earned into each of the four categories (in a more kid-friendly language): 10 cents for GIVE, 15 cents for INVEST, 25 cents for SAVE and 50 cents for SPEND.

My kids loved the story and couldn't wait to make their own banks. Recently we had a chance to build the banks together and I found it to be a fun and bonding experience with the kids. My kids didn't spend too much time decorating the bank though because they couldn't wait to start filling the banks with money.

Here are some pictures I took documenting the experience.

After building the banks with my kids and corresponding back and forth with Nancy via email, she mentioned that she created the "GISS" bank for three main reasons:
  1. Creating the bank is a physical and mental learning experience so children retain more about the concepts you’re discussing (through decorating it with the things they’re saving for, writing the numbers on etc.)
  2. Kids feel proud of their accomplishment.
  3. Children of all socio-economic backgrounds could have one.
I highly recommend that you check out Nancy's blog and buy the book. With the holidays coming up it will make a great gift!

By just teaching kids about the "GISS" bank and the great habits that they can learn from the "GISS" bank can be in itself it's own mini life lesson. Besides the fact that building their own banks gives them a sense of ownership, they can learn about compassion and a sense of community in the GIVE quadrant; the power of compounding interest over time in the INVEST quadrant; the habit of setting goals and the important virtues of patience and delayed gratification in the SAVE quadrant; and responsibility and enjoying life to the fullest in the SPEND quadrant.

So, what messages are we sending our children?

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, October 2, 2011

Where Do You Go for Your Intellectual Feast?
Written by Jim Rohn

Pity the man who has a favorite restaurant, but not a favorite author. He's picked out a favorite place to feed his body, but he doesn't have a favorite place to feed his mind!

Why would this be? Have you heard about the accelerated learning curve? From birth, up until the time we are about eighteen, our learning curve is dramatic, and our capacity to learn during this period is just staggering. We learn a tremendous amount very fast. We learn language, culture, history, science, mathematics... everything!

For some people, the accelerated learning process will continue on. But for most, it levels off when they get their first job. If there are no more exams to take, if there's no demand to get out paper and pencil, why read any more books? Of course, you will learn some things through experience. Just getting out there – sometimes doing it wrong and sometimes doing it right - you will learn.

Can you imagine what would happen if you kept up an accelerated learning curve the rest of your life? Can you imagine what you could learn to do, the skills you could develop, the capacities you could have? Here's what I'm asking you to do: be that unusual person who keeps up his learning curve and develops an appetite for always trying to find good ideas.

One way to feed your mind and educate your philosophy is through the writings of influential people. Maybe you can't meet the person, but you can read his or her books. Churchill is gone, but we still have his books. Aristotle is gone, but we still have his ideas. Search libraries for books and programs. Search magazines. Search documentaries. They are full of opportunities for intellectual feasting.

In addition to reading and listening, you also need a chance to do some talking and sharing. I have some people in my life who help me with important life questions, who assist me in refining my own philosophy, weighing my values and pondering questions about success and lifestyle.

We all need association with people of substance to provide influence concerning major issues such as society, money, enterprise, family, government, love, friendship, culture, taste, opportunity, and community. Philosophy is mostly influenced by ideas, ideas are mostly influenced by education, and education is mostly influenced by the people with whom we associate.

One of the great fortunes of my life was to be around Mr. Shoaff those five years. During that time he shared with me at dinner, during airline flights, at business conferences, in private conversations and in groups. He gave me many ideas that enabled me to make small daily adjustments in my philosophy and activities. Those daily changes, some very slight, but very important, soon added up to weighty sums.

A big part of the lesson was having Mr. Shoaff repeat the ideas over and over. You just can't hear the fundamentals of life philosophy too often. They are the greatest form of nutrition, the building blocks for a well-developed mind.

I'm asking that you feed your mind just as you do your body. Feed it with good ideas, wherever they can be found. Always be on the lookout for a good idea - a business idea, a product idea, a service idea, an idea for personal improvement. Every new idea will help to refine your philosophy. Your philosophy will guide your life, and your life will unfold with distinction and pleasure.

Jim Rohn, America's Foremost Business Philosopher, reprinted with permission from Jim Rohn International © 2011. As a world-renowned author and success expert, Jim Rohn touched millions of lives during his 46-year career as a motivational speaker and messenger of positive life change. For more information on Jim and his popular personal achievement resources or to subscribe to the weekly Jim Rohn Newsletter, visit