When people are fearful, be greedy. This is the best advice you will hear during a recession or an economic downturn. As we discussed in our previous articles, this recession is in most part mental, it is worst than it needs to be due to the lack of confidence the people have in this country and therefore due to fear, fear of losing employment, fear of refinancing, fear of diminishing home values, fear of layoffs and lack of credit are all reasons that people’s wallets have been hiding.

So what should you do? Spend or Save?

Continue Reading

Years ago, I worked in finance for a small financial institution. During that time I worked for a great individual that I will leave nameless for now. He was a great man, but one that managed with fear and he was often misunderstood because of that.

One day during a small seminar we attended together he made a speech about his father and corporate loyalty in America, one that I would like to share some parts of with you.

Back in the 50’s AT&T had enjoyed a very successful few years as it was quickly becoming a mega power in its industry, much of that success was the result of a few mens lifetime devotion to their work. Continue Reading

We often judge our advancement in society by the amount of money we make each year, we often believe that if we do not make more money than the previous year, then we did not improve. But the reality remains that there are many ways we can improve our lives and ourselves and they don’t have anything to do with money. The pursuit of money has forever been the reason many become leaders but also the reason why they fall.

The balance we create in life for ourselves becomes the base for growth, this base then becomes the various grounds of improvement that we work on daily, weekly, yearly until we reach the perfect point of balance where they all meet.

These points are determined by you, however the basic ones that exist are as follow:
-Health and Wellness
-Personal Education
-Family Life
-Quality of life/ Attitude

It is useless to have money, and yet no one to share it with. It is useless to have money, but yet hate what you do, and it sure is useless to have money if you are going to die in a few years from poor health. It also goes without saying that each of these then creates a support and more opportunity for improvement of others. So when we are faced with recessions/ depressions or just simply terrible economic cycles, there are other ways for us to improve our lives that is not directly tied in with making money. This might be a good time for you to re-evaluate your goals and start achieving more in each category, so that you finally get on the pursuit of perfection.