Wednesday, October 30, 2019

01 Grandma and Grandpa Believe ...

Life ...
  • God exists and is present in all we do
  • Jesus is our model for how God wants us to live and treat others
  • The Bible was spiritually inspired and contains all life's answers
  • Bad things can and will happen to good people
  • God allows all of us free choice - to do what is good or bad
  • You cannot test or ask God for answers 
  • Prayer will not cause God to act but removes distractions to think clearly
  • Life exists when a heartbeat is heard - then it is a person

Personal Relations ...

  • Treat others as you would like to be treated
  • Your word is a promise and should be as treated as a legal contract
  • Choose your friends wisely and work to build trust and respect
  • Use a person's name whenever possible - it's the sweetest sound to them
  • Never talk bad or negative about others - it will come back at you
  • Give family and friends undivided attention. It says 'you're important'
  • When you make a mistake - own up to it. Don't make excuses - apologize
  • Explore and join a school, social and town volunteer groups 
  • Personal relationships do not develop via social media. Learn to talk one on one and set aside time
  • Never lie. a) you have to remember who you told and b) YOU WILL GET CAUGHT ... today, tomorrow or someday

Be Wary and Careful of ...
  • Relationships that are one way - where you give and others only take
  • Making commitments without knowing exactly what is expected of you
  • Those promising everything without telling you what the impact to you will be 
  • Those who use persuasion (promises, one-sided arguments, no facts) to convince you of something
  • Things that 'sound too good to be true' (because they are)
  • Those that talk bad of others ... they will someday talk bad about you

Financial Success ...
  • Live beneath your means 
  • Save some amount of any dollar you earn or receive as a gift 
  • Never buy on credit (except for a home purchase)
  • Keep track income and expenses monthly 
  • Only buy things you need ... not what you want
  • Embrace 'Do It Yourself (DIY)' 
  • Begin investing early allowing compounding to be your friend
  • You cannot forecast the market - portfolio diversification is key
  • Always consider 'all-in' costs ... not only the purchase price but repair, replacement, parts, expected life and of course - 1st confirm 'need' 
  • (when 18) Use the Personal Capital Dashboard to 'trend' net worth 
  • (when 18) Build a Dividend Stocks investment portfolio
  • (when 18) Invest in the broad stock market - Vanguard S&P 

Politics
  • Conservative beliefs
  • Personal responsibility, limited government, free markets, individual liberty
  • Traditional American values and a strong national defense
  • People are empowered to pursue their own goals. 
  • Policies should empower the individual to solve problems.
  • Entitlements should be limited to ONLY those in need 
  • Welcome immigrants into our country - through existing legal processes

Tools for Life ...
  • Make the trend your friend - people will act today as they did in the past
  • Listen to understand - not to respond -or-
  • Seek first to understand then (speak) to be understood
  • Start small and modify as your project develops - it will get easier
  • Create a habit to learn something more than what you already know about EVERYTHING! Continuously learn
  • Learn and use spreadsheets and track everything (you will see trends)
  • Always have a 'back door' ... know the good and bad about an upcoming decision or action - have an escape plan
  • Make the library your friend - schedule quiet time weekly to explore hobbies, read financial, home improvement magazines, etc. to be aware of other interest areas to broaden your multi-area knowledge 
  • Always start with the end in mind - know what you want and set goals 
  • Debate yourself ... be contrary - you want 'this', debate yourself why you don't need or want it.
  • Read books and visit financial, health, home repair, hobby sites: learn and get ideas
  • Attack procrastination - it is NEVER as bad as you think it will be and as soon as you begin the impossible becomes possible
  • When about to decide on an action - pause and ask "would I be proud to tell my family this is what I did?"

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