Tag: Financial

%Efficiency – Financial Monitoring

Earlier today I took a flight from Philadelphia to Rochester, so I had some time to kill.  I pulled out a notebook and started writing down some thoughts on monitoring my financials. A) Income B) Expense C) Income – Expense = Theoretical Savings D)…

No control over decisions impacting you

This is an important topic, which is often misunderstood.  No control over decisions impacting you.  It is very easy to push the blame or formulate a quick excuse of why things didn’t go your way.  For example we can say, “I did not get…

Barriers and your success

There are barriers in this world that can be difficult to overcome.  These barriers can hold you back from achieving your goals.  These barriers need to be dealt with appropriately, so they do not inhibit you from achieving your dreams.  A barrier can be a person, expense, lack of…

Sacrificing for the greater good

Recently, my wife and I took a trip to visit a daycare that was highly recommended by a few of her co-workers.  This daycare was supposed to be one of the better ones in the area and I would hope so for the price…

The tortoise and the hare

Remember the story about the tortoise and the hare?  Although the hare was quicker, the tortoise never did rest and ended up winning the race.  The tortoise managed his time better than the hare.  What if instead of speed, the hare had a larger…

Financial discipline

Sometimes it is difficult to stand back and watch someone make poor financial decisions.  Money can be a very sensitive topic to many people, especially if they are not doing well financially.  There is no easy way to tell someone they are messing up. These…

Education is important – part II

As mentioned previously, I have four strategies I use to reach success. Gather information/data to better prepare ourselves for the future Understand our goals and build a plan to reach them in a timely manner Learn from our mistakes Celebrate our successes The last…

Education is important

According to sociologist William Thompson and Joseph Hickey, $35,000 to $75,000 is the income range for lower middle class and $100,000 or more is the income range for upper middle class.  Middle class is roughly $75,000 to $100,000 per household.  The average salary by education is listed…

Your needs are important

Everyone wants something… including you!  I understand there is a difference between wanting something and needing something.  Often, these words are used interchangeably, but in reality they should not be used interchangeably.  If you want something, then it should mean it is something you desire, but do not…

Why growth is important

Growth is something we should be striving for in whatever we do, no matter if it is personal, business, education, etc…  As far back as I can remember, I have constantly looked for growth and I believe this is what sets me apart from…

Starting a business

I have owned and operated a business on the side for over 8 years.  Initially, I decided to start a business with my father as a hobby.  We have a love for building equipment and the pay is definitely a bonus.  Since we both…