“What will you create? Whatever it is, run after it like we [Nvidia] did. Run. Don’t walk.

Remember: Either you’re running for food, or you are running from becoming food!

And oftentimes, you can’t tell which. Either way, run.”

Jensen Huang, the founder and CEO of Nvidia. He encouraged students to be agile for the opportunities brought by the AI revolution, to have the humility to admit failure and ask for help as well as to endure the needed pain and sacrifice for realizing their dreams in his commencement speech at National Taiwan University (NTU) on May 27 in Taipei.

Here are some of the most liked comments for personal finance:

1. Most money issues have less to do with saving and investing money, and more to do with your mindset, your lack of patience and discipline, and your poor financial behavior and literacy. Too many people focus on what’s shiny rather than actually thinking long-term.
2. If the housing prices where you live are too expensive and keep you from saving/investing money for the long term, you need to move and reduce your expenses.
3. You should be able to enjoy your money. Once you have built strong financial habits and your saving/investing 20%+ on a monthly basis, you should take the vacation or buy the car you have been wanting (as long as you are able to pay with cash and still hit savings targets/sufficient emergency fund). Some focus too much on minimalism that they forget to enjoy life in the process. No one is guaranteed tomorrow!
4. The most important financial decisions you make is who you marry and building wealth over the long term.
5. Debt, taxes and excess spending destroy wealth. 
6. You should spend less money than you earn.  Living within your means is crucial for financial freedom. Avoid debt by spending only what you’ve already earned, and prioritize saving and investing. This mindset promotes discipline, reduces stress, and sets you on a path to a financially secure and prosperous future.
7. You should have an emergency fund for the unexpected expenses that will arise.  
8. Utility bills are debt and a liability. Treat them that way. Get an asset to pay them.
9. Don’t focus all your time, talent and treasure on investing by sacrificing living. There’s a lot more to invest in than finances. Be smart and plan for your future, learn from the past, and enjoy today. The most valuable asset you have is your time and your health, The only time that is guaranteed was yesterday. And, your health is an essential aspect of wealth.
10. Patience is essential when investing in order to build long-term wealth. Markets are volatile in the short term, but staying the course and maintaining a disciplined approach will often lead to the power of compounding returns and greater rewards. Trust the process and watch your wealth grow.

The rich and the wealthy have different mindsets regarding building wealth. The rich and others think about how to make money, while the wealthy think about how to keep it and managing risk. 

“If someone treats you badly, just remember that there is something wrong with them, not you. Normal people don’t go around destroying other human beings.”

Mindfulness practice has the capacity to transform our lives and illuminate the world around us. Through practicing mindfulness, we train ourselves to navigate the exquisite challenges presented by our ideas, emotions, and experiences

🎥: Smiling Mind#HappyMind #Mindfulness pic.twitter.com/eWcTHX3mea

— Happy Mind (@happymindsl) June 5, 2023

What you think shapes who you become and where you go.

Self-talk is the endless stream of unspoken thoughts that run through your head. These automatic thoughts can be positive or negative. Some of your self-talk comes from logic and reason. Other self-talk may arise from misconceptions that you create because of lack of information or expectations due to preconceived ideas of what may happen.

If the thoughts that run through your head are mostly negative, your outlook on life is more likely pessimistic. If your thoughts are mostly positive, you’re likely an optimist — someone who practices positive thinking.

There are numerous health benefits associated with positive thinking. Researchers continue to explore the effects of positive thinking and optimism on health. Health benefits that positive thinking may provide include:

• Increased life and health span
• Lower rates of depression
• Lower levels of distress and pain
• Greater resistance to illnesses
• Better psychological and physical well-being
• Better cardiovascular health and reduced risk of death from cardiovascular disease and stroke
• Reduced risk of death from cancer
• Reduced risk of death from respiratory conditions
• Reduced risk of death from infections
• Better coping skills during hardships and times of stress

It’s unclear why people who engage in positive thinking experience these health benefits. One theory is that having a positive outlook enables you to cope better with stressful situations, which reduces the harmful health effects of stress on your body.

It’s also thought that positive and optimistic people tend to live healthier lifestyles — they get more physical activity, follow a healthier diet, and don’t smoke or drink alcohol in excess.

References:

1. https://www.mayoclinic.org/healthy-lifestyle/stress-management/in-depth/positive-thinking/art-20043950