Healthy Aging and Lifestyle: Happiness and Gratitude

Gratitude is the expression of appreciation for what one has.

Attitude of Gratitude and why gratitude sprouts happiness

“The Grass is Always Greener on the Other Side” refers individuals who are not satisfied with their own lot in life and always assumes that there are better things in other places. This view appears to be a common human quality of always wanting something different than what you have. It assumes that your neighbor’s yard ( or circumstance) is greener (or more desirable) than yours, when, in reality, they are the same or your neighbor is actually coveting what you have.

“The grass is greener” expresses the idea that people often think a different set of circumstances would bring them greater happiness and joy in life; however, the phrase is often used in the context of reminding people that this is not usually the case. A more apt phrase is “the grass is greener where you water it., ” suggesting that good situations come from the energy you put into them, not from dreaming about them.

Developing an attitude of gratitude means that over time, gratitude can boost happiness and fosters both mental and psychological health, even among those already struggling with mental and physical health problems.

According to Psychology Today, “Gratitude is about feeling and expressing appreciation: for all we’ve received, all that we have (however little it may be), and for all that has not befallen us.” Studies show that practicing gratitude curbs the use of words expressing negative emotions and shifts inner attention away from such negative emotions as resentment and envy, minimizing the possibility of ruminating, which is a hallmark of depression.

Gratitude is a key tenet in all major philosophies and religions. That’s because gratitude is the foundation of happiness. We only have a limited amount of focus, so when you are able to be appreciative of what you have, your brain is unable to give life and energy to thoughts about what you don’t have. Seeing events in your life as gifts allow you to perceive how they may help you grow and become a better person, and the application of this attitude during tough times is the hallmark of resilience.

“Our happiness depends on the habit of mind we cultivate. So practice happy thinking every day. Cultivate the merry heart, develop the happiness habit, and life will become a continual feast.”

“Studies show that people can deliberately cultivate gratitude—and there are important social and personal benefits to doing so. It is possible to feel grateful for loved ones, colleagues, animals, nature, and life in general. The emotion generates a climate of positivity that both reaches inward and extends outward.” Norman Vincent Peale

Happiness is arguably one of the most important goals in life.

“Happiness has to do with your mindset, not with outside circumstance.” Steve Maraboli, Life, the Truth, and Being Free

“Happiness is best described as coming from between — that is if you get the right kind of relationship between yourself and other people, yourself and your work, and yourself and something larger than yourself… if you get those three relationships right … it will draw you out into the world, it will engage your passions, it will give you the kind of support that you need and want and it’ll give you a sense of meaning and purpose in life,” according to happiness expert Jonathan Haidt, the Thomas Cooley Professor of Ethical Leadership, based in the Business and Society Program at New York University.

“Money never made a man happy yet, nor will it. There is nothing in its nature to produce happiness. The more a man has, the more he wants. Instead of its filling a vacuum, it makes one.” Benjamin Franklin

What makes a person feel happy and grateful depends on the person and the degree to which we are inclined to experience and express gratitude. It can be something as simple as a call from a friend or a pleasant evening dinner with family. Engaging in a more specific act and how we think about an act, such as volunteering your time and talent to help others, can make people feel good about themselves.

“It isn’t what you have or who you are or where you are or what you are doing that makes you happy or unhappy. It is what you think about it.” Dale Carnegie, How to Win Friends and Influence People

Tips to Foster Gratitude

  • Keep a journal of or in some way note big and little joys of daily life.
  • Write down daily “three good things”—identify three things that have gone well for you and identify the cause.
  • Write thank-you notes to others.
  • Think about people who have inspired you and what about them was most significant.
  • Engage in “mental subtraction.” Imagine what your life would be like if some positive event had not occurred.

“Gratitude is the appreciation of things that are not deserved, earned or demanded – those wonderful things that we take for granted.” – Renée Paule

Learning to be thankful and regularly expressing gratitude is an important part of personal happiness. Being thankful gives us an appreciation for what we have.


  1. https://www.cnbc.com/2019/04/11/nyus-jonathan-haidt-formula-for-lasting-happiness-and-purpose.html?__source=facebook%7Cmain
  2. https://www.psychologytoday.com/us/blog/some-assembly-required/201411/the-benefits-cultivating-attitude-gratitude
  3. https://www.psychologytoday.com/us/basics/gratitude

Wells Fargo’s CEO believes there is a Limited Pool of Black Executive Talent

“The more things change, the more they stay the same.”  Alphonse Karr

What a classic example demonstrated by a major U.S. financial institution of the quote “the more things change, the more they stay the same”.  The saying is a reference to situations where there appears to be a meaningful change, but many underlying fundamentals are still the same.

Recently, Charlie Scharf, Wells Fargo’s CEO, wrote in a June memo to employees, “While it might sound like an excuse, the unfortunate reality is that there is a very limited pool of Black to recruit from,” according to Reuters. Scharf also repeated this claim in a Zoom meeting over the summer, exasperating Black employees.

According to the Washington Post, less than 5 percent of those holding senior executive positions at Wells Fargo in 2018, a year before Scharf became chief executive officer, were Black.

Committing to diversity and inclusion shouldn’t just be a marketing ploy; it should just be who you are.

Like Wells Fargo, many corporations have released marketing statements committing to change and to the elimination of structural racism and racial inequality. But, they have not released comprehensive data on the racial diversity of their employees and in leadership positions to the public. Regrettably, we must assume that many CEOs harbor similar shortsighted beliefs, and they continue to embrace the excuse that there exist a paucity of Black executive talent in America.

“We value and promote diversity and inclusion in every aspect of our business and at every level of our organization” Wells Fargo’s Diversity and Inclusion Policy

Although Scharf apologized profusely for his bonehead remarks and commented that his remarks reflected his “own unconscious bias”, we must asks whether his beliefs, which one must assume is also the company’s mindset, have actually changed.

“The point isn’t to get people to accept that they have biases, but to get them to see [for themselves] that those biases have negative consequences for others.” — Theresa McHenry, HR Director at Microsoft UK

“Wells Fargo is badly broken in multiple ways and that starts at the top,” Senator Elizabeth Warren commented. “Its CEO has an unfathomable blind spot about how and why this giant bank fails to hire, promote, and fairly compensate Black talent.”

Consequently, it’s difficult to argue against Senator Warren’s point. Since, the primary benefit of hiring from a racially and gender diverse talent pool is that it immediately expands the depth of the pool and increases your chances of hiring the best executive talent.


References:

  1. https://www.businessinsider.com/aoc-sherrod-brown-criticize-wells-fargo-ceo-scharf-black-talent-2020-9
  2. https://www.msn.com/en-us/news/politics/wells-fargo-ceo-issues-apology-after-saying-there-was-a-limited-pool-of-black-talent/ar-BB19mize?ocid=uxbndlbing

America’s Mental Health Epidemic

“Be sure to give each other a lot of grace and be kind and forgiving to each other. We’re all experiencing heightened levels of uncertainty and anxiety right now. Giving an extra beat of patience to others is critical.” Dani Fallin, chair of the Department of Mental Health at the Johns Hopkins Bloomberg School of Public Health

The mental health impact of COVID-19 are real, widespread and growing exponentially. The immense stress and emotional trauma experienced by vulnerable individuals, families and households amid the pandemic has given rise to an unprecedented mental-health crisis. Additionally, there’s strong evidence showing that social isolation and distancing can increase symptoms of mental illnesses like depression and anxiety.

Data is staggering

The latest data reveals some of the most frightening and staggering spikes in anxiety, depression, substance use, drug overdose and suicide rates that behavioral-health experts have ever witnessed, according to Babette Hankey, president/CEO of Aspire Health Partners in Orlando.

A recent survey by the Centers for Disease Control and Prevention on adult mental health found that more than 40% of U.S. adults have reported at least one mental health issue during this pandemic, and more than 1 in 10 adults had seriously considered suicide. During this period, 7 out of 10 young adults (18-24 years old) reported experiencing symptoms of anxiety and depression and more than 25% have seriously considered suicide.

In the wake of the coronavirus COVID-19 outbreak, many people may feel anxiety or stress.

Everyone responses differently

Everyone reacts differently to stressful situations such as the seemingly enduring COVID-19 pandemic infectious disease outbreak. It is normal to experience a wide range of emotions. Yet, it’s important for people to take care of themselves physically, emotionally, and mentally.

According to the CDC study, the rate of substance abuse and/or suicidal thoughts among unpaid caregivers more than tripled between May and the end of June.

Older Americans appear to be more resilient to the strain of the pandemic compared to the young: The study found rates of anxiety, depression, substance abuse and suicidal thoughts were most prevalent among those aged 18 to 24, and the prevalence of these issues “decreased progressively with age.”

Black and Hispanic Americans tended to have higher rates of mental health issues tied to the pandemic than did whites, the study also found.

Of course, unemployment or the threat of it is a major source of anxiety for millions in 2020. So, efforts aimed at “strengthening economic supports to reduce financial strain” should be part of an effort to boost mental health, the researchers said.

According to the CDC, reactions during the outbreak can include:

  • Fear and worry about your health status and that of your loved ones who may have been exposed to COVID-19.
  • Increase levels of stress, anxiety, hopelessness and depression.
  • Changes in sleep or eating patterns.
  • Difficulty sleeping or concentrating.
  • Worsening of chronic health problems.
  • Increased use of alcohol, tobacco, or other drugs.

Learning to cope with anxiety and stress

Figuring out ways to cope with anxiety and stress can help you, your loved ones and your community. If stress begins to interfere with your daily life, reach out to your healthcare provider.

These numbers, although startling, are unsurprising to mental health experts given the emotionally taxing measures local and state governments have taken to reduce the spread of the virus: children and grandchildren have been separated from their parents and grandparents; students are prevented from attending school; and the sick and dying have been denied the embrace of loved ones.

During this unique moment in the nation’s history, American society and economy have slowed down, we’re experiencing unprecedented social unrest and political rancor, and, many have been left feeling powerless and uncertain about their physical health and financial wellbeing as well as that of their loved ones.

https://youtu.be/60kGONUJSRY

The importance of self-care during this challenging time.

“Seek out ways to have social and professional engagement while adhering to social distancing…can help people feel connected socially with their colleagues, family, and friends, and maintain a sense of belonging.” Dani Fallin, chair of the Department of Mental Health at the Johns Hopkins Bloomberg School of Public Health

  • Avoid excessive exposure to media coverage of COVID-19. Be aware and conscious of your news and media intake. The more time you spend consuming news about the pandemic, the more likely you are to feel anxious and concerned. That’s especially true at home, when you’re able to access news media 24/7.
  • Take care of your body. Take deep breaths, stretch or meditate. Eat healthy, well-balanced meals, exercise regularly, get plenty of sleep and avoid alcohol, smoking and drugs.
  • Make time to unwind and remind yourself that strong feelings will fade. Take breaks from watching, reading, or listening to news stories. It can be upsetting to hear about the crisis and see images repeatedly. Try to do some other activities you enjoy to return to your healthy life.
  • Learn a new hobby or skill like gardening, a foreign language or a musical instrument. Devote yourself to learning and growing everyday.
  • Connect with others. Share your concerns and how you are feeling with a friend or family member. Maintain healthy relationships.
  • Maintain a sense of hope that “this too shall pass” and maintain positive outlook and thinking. Have faith in your inherent resilience to persevere and overcome life’s extraordinary challenges brought on by the pandemic.

Take care of your mental health

Mental health is an important part of overall physical health and emotional wellbeing. It affects how we think, feel, and act. It may also affect how we handle stress, relate to others, and make choices during uncertain situations or an emergency.

Again, we stress to contact your healthcare provider if you think you have new or worsening mental health symptoms or stress (or anxiety) gets in the way of your daily activities for consecutive days.


References:

  1. https://www.cdc.gov/coronavirus/2019-ncov/daily-life-coping/managing-stress-anxiety.html
  2. https://www.orlandosentinel.com/opinion/guest-commentary/os-op-coronavirus-mental-trauma-aspire-health-20200914-xw7kcjahvbfrlgcd2s4bmvbmzi-story.html
  3. https://www.webmd.com/lung/news/20200813/levels-of-anxiety-addiction-suicidal-thoughts-are-soaring-in-the-pandemic#1
  4. https://hub.jhu.edu/2020/04/06/dani-fallin-mental-health-challenges-coronavirus/

Emotional Well-Being and Gratitude During COVID-19

“Your personal experiences make up maybe 0.00000001% of what’s happened in the world but maybe 80% of how you think the world works… We’re all biased to our own personal history.” Morgan Housel, Ideas That Changed My Life

COVID-19 Stressing You Out

According to the CDC, everyone reacts differently to stressful situations such as a pandemic and lock down. As Americans experience the effects of the COVID-19 pandemic such as worry about job loss, concern for your health or that of a loved one, the need to social distance, confining yourself to your home or apartment, changing your routine, spending more screen time than normal, it’s important to practice some degree of emotional self-care.

Finding ways to practice self-care can help reduce your stress and enhance your emotional well-being during the COVID-19 pandemic. Healthy ways to cope with stress include:

  • Taking daily walks
  • Practicing meditation
  • Making time to pray and to express gratitude
  • Knowing where and how to get help
  • Taking breaks from watching, reading, or listening to the sensationalized news stories and coverage about COVID19, protests, and political rancor
  • Reading novels and writing in journals
  • Learning a new skill or hobby
  • Eating healthy foods and getting enough sleep
  • Avoiding or reducing eating processed foods, foods high in refined sugars and carbs, and fried foods
  • Exercising and prioritizing time to unwind by doing activities you enjoy
  • Connecting with others (while social physical distancing measures are in place, consider connecting online, through social media, or by phone or mail)

Gratitude

Gratitude is recognizing the “value for favorable things or positive life experiences for which we did not actively work towards or ask for”, according to Sadhguru. Gratitude is important because it helps us see a world that is much bigger than ourselves. When we have gratitude, we can help ourselves and each other grow personally or professionally.

Psychologists find that, over time, feeling grateful boosts happiness and fosters both physical and psychological health, even among those already struggling with mental health problems. Ways you can foster gratitude by keeping a journal to write about the little joys of daily life or by writing down “three good things” that have gone well for you and identify the cause. Additionally, you can also foster gratitude by writing thank-you notes to others or going out of your way to be kind to others, according to Psychology Today Magazine.

Sources:

  1. https://www.psychologytoday.com/us/blog/hope-relationships/202004/overcoming-depression-and-desperation-in-the-time-covid-19
  2. https://www.psychologytoday.com/us/basics/gratitude

Understanding the Black Experience | Psychology Today

“Can a White Person Understand the Black Experience? Layers of pain, mistrust, and taboos keep people divided along racial lines.”

Having frank discussions about or asking questions about racism and injustice is challenging for many well-meaning people. They simply don’t know how to approach or “connect to our fellow human beings who are from different ethnic/racial groups and cultural traditions”.

This is particularly difficult when there are over 200 years of racism, injustice and oppression between groups; and, it is difficult while significant social, health and economic inequities remain.

Without an American and world history lesson, it’s safe to say that there are many reasons for discomfort on both sides. This is the major reason why most White people do not understand the African American experience in America.

“Yet, making an authentic connection with another person means understanding, empathizing, and being able to see the world through their eyes.” And, it is hard to imagine that people of color are living a completely different experience in America simply by virtue of their race, ethnicity or gender.

Racism hurts

As much as people of color adopt a stoic attitude and pretend that racism does not impact their psyche, repeated and persistent racism can be traumatic. And it hurts doubly so when those around refuse to acknowledge the experience and its potential impact. Well meaning people tend to view an experience as only a single racist occurrence, rather than understand that the incident adds to a lifetime of accumulated experiences and frustrations.

People of color do not want other people to discount their experiences or tell them that they’re being overly sensitive. So if you are a White person patiently waiting for a “Black person to spontaneously share their experience, you may be waiting a long time.” 

Read more: https://www.psychologytoday.com/us/blog/culturally-speaking/201408/can-white-person-understand-the-black-experience


References:

  1. https://www.psychologytoday.com/us/blog/culturally-speaking/201408/can-white-person-understand-the-black-experience
  2. Carter, R. T. (2007). Racism and Psychological and Emotional Injury: Recognizing and Assessing Race-Based Traumatic Stress. The Counseling Psychologist, 35(1), 13-105.
  3. https://www.msn.com/en-us/news/us/being-black-in-america-shouldnt-feel-like-a-overwhelming-burden-opinion/ar-BB15jkne
  4. https://www.nytimes.com/interactive/2018/03/19/upshot/race-class-white-and-black-men.html

Tonight Show Starring Jimmy Fallon featuring bestselling author Dr. Brené Brown.

The Tonight Show Starring Jimmy Fallon featured Professor and New York Times bestselling author Brené Brown.  Dr. Brown shared strategies for handling sudden “effing first times” during the coronavirus pandemic.

Dr. Brené Brown is a research professor at the University of Houston where she holds the Huffington Foundation – Brené Brown Endowed Chair. She has spent the past two decades studying courage, vulnerability, shame, and empathy. She is the author of five #1 New York Times bestsellers: The Gifts of ImperfectionDaring GreatlyRising StrongBraving the Wilderness, and Dare to Lead.

She believes that you have to walk through vulnerability to get to courage, therefore . . . embrace the suck. She tries to be grateful every day and her current motto is “Courage over comfort.”

7 Habits to Help Build Your Wealth | U.S. News and World Report

By Paulina Likos. — U.S.News & World Report May 18, 2020

Successful investors practice these habits to be one step ahead of the market.

Develop a routine of successful investing habits.

When you’re investing for your financial future, practicing successful habits is a fundamental step in constructing a resilient portfolio. It’s evident that in the world of investing, money management can get complex. That’s why having the right habits ingrained in your investment approaches is important in bringing clarity to your decision-making and confidence in your portfolio management. Here are seven habits that will help guide you through investing decisions during unprecedented market movements.

Read more: https://money.usnews.com/investing/portfolio-management/slideshows/habits-to-help-build-your-wealth

Periodically review your investment plan.

Know what your specific financial goals are and develop an investment policy statement. An IPS is a plan that outlines investment objectives and goals for a particular investor drafted by the portfolio manager and their client. This can be a helpful tool to guide portfolio managers on implementing strategies to grow or preserve a client’s investments. Experts advise that clients stick with the initial plan even when drastic market changes occur; however, certain benchmarks should be monitored from time to time. You should examine your risk tolerance and investment plan every six months to ensure you’re on track with your investments when a financial crisis hits. “Changes will likely need to be made in accordance with a well thought out plan that was put in place before the first punch is landed,” says Tim Bain, president of Spark Assessment Management Group.

Invest in what you know.

While experienced investors can try to evaluate the quality of a company, more often than not, it can be difficult to define its overall valuation and understand its trends. Taylor Kovar, CEO of Texas-based Kovar Capital Management, says, “Don’t invest in something you’ve never heard of just because someone online said it was going to make you a millionaire.” It’s best to focus on companies with products that you’re familiar with, that way it will be easier to predict and understand the ebbs and flows of a company and, most importantly, help in managing your portfolio effectively. “Look in your closet [and] kitchen cabinet, and invest in the brand of the products you see,” he says. “This will help you invest in companies you actually enjoy. It’s like you are paying yourself every time you buy their products.”

Stay away from the latest fads.

Investors seeking yield in a low interest rate environment should try to steer clear of fads. This short-term phenomenon is prevalent during market underperformance and tends to be pretty risky. “It is psychologically very difficult to remain true to your patient investing convictions when it seems investors speculating in the latest fad (think cannabis or tech ‘unicorns’) are being rewarded,” says Robert Johnson, professor of finance at Creighton University in Omaha, Nebraska. There are plenty of other ways to diversify your assets rather than putting your money at risk with fads. “One doesn’t need to chase the latest trend to have investment success. Quite the contrary, chasing investment trends can be hazardous to your wealth,” Johnson says.

Be honest with your risk tolerance.

At any stage of your investing journey, it’s important to know if you are a conservative or aggressive investor. Defining risk tolerance is a habit that directly aligns with your financial goals. But sometimes, it can be unclear on how to determine where you lie on the risk spectrum. “Many investors tend to overestimate their level of risk tolerance, which causes them to sell at the worst times,” says Jerry Verseput, president at Veripax Wealth Management in Folsom, California. Market sell-offs like the one in March are good opportunities for investors to assess their feelings honestly as they saw the value of their investments drop.

Keep educating yourself.

An expert tip: Keep reading about how the market is changing. With the pandemic in mind, think about how habits and behaviors are changing in the short term, how that will affect the long term and how future trends might evolve. “What is going to be long-lasting in work and personal life? Do you want to be [investing in] Kodak film or the person investing in digital cameras? Don’t believe what you hear as much as know-how and where to find the facts,” says Peter Creedon, CEO at Crystal Brook Advisors in New York City.

Save for retirement.

Keep investing in your future by adding into your retirement account each month — that’s the power of dollar-cost averaging. Even if some months are fewer than others, allocating some of your income to retirement savings consistently puts long-term investors in a better position toward meeting their future financial goals. You can measure how successful you are as a saver by monitoring your retirement score, an estimate of what your retirement income may look like according to the steps you are taking to save now. This estimation will predict whether you’re on target on meeting your retirement needs or if you need to boost your allocation. It will also give you an idea of how much you will need for retirement and what changes you need to make that happen.

Know when to seek assistance.

Many individual investors try to find “do it yourself” methods for investing. There’s a misconception that successful investors should be monitoring the markets constantly and hold a finance degree, but most experts say the biggest hurdle is knowing when to seek help and how to find the right financial advisor. One tip: Find out what kind of experience the advisor has and which investing strategies they often use. “Make sure in an interview that the advisor shares your investing values and has a well-defined process to develop an investment policy statement for you and your goals,” says Jamie Ebersole, founder and CEO of Ebersole Financial in Wellesley Hills, Massachusetts. “If you and your advisor are not aligned on these important issues, it will make for a very frustrating relationship.”

Setting yourself up for investing success.

  • Periodically review your investment plan.
  • Invest in what you know.
  • Stay away from the latest fads.
  • Be honest about your risk tolerance.
  • Keep educating yourself.
  • Save for retirement.
  • Know when to seek assistance.

Sources:

  1. https://www.entrepreneur.com/slideshow/307635
  2. https://money.usnews.com/investing/portfolio-management/slideshows/habits-to-help-build-your-wealth

Habits of the Wealthy Anyone Can Adopt

“The reason why someone is either rich or poor can be traced back to daily habits.” Tom Corley, author of “Rich Habits: The Daily Success Habits of Wealthy Individuals”

Replace bad habits and behaviors. 

Aristotle, the 4th Century B.C. Greek philosopher, was attributed as saying, “We are what we repeatedly do. Excellence then, is not an act, but a habit.”

It has been said that nature abhors a vacuum, and the same can be said about habits and behaviors; it’s hard to replace a bad habit or behavior with nothing.

Instead of ceasing a bad financial habit or behavior, investors need to replace them with positive and successful financial habits and behaviors.

Rather than liquidating an account, encourage a replacement behavior like rebalancing, tax-loss harvesting, making more incremental portfolio adjustments, or putting in “crash bids” for high-quality stocks that may be trading at a discount.

It’s easy for individuals to be disorganized, without vision, undirected and at the mercy of poor habits. Embracing good habits often takes ficus, effort and desire to improve. Here are eight rich habits:

Habit #1: Exercise.

Exercised an average of 30 minutes, four days a week.

Habit #2: Build relationships.

Keep a running list of positive influencers in your life and regularly connect with them.

Habit #3: Visualize your goals.

Look at your goals—each set with an expiration date and action plan—when you wakes up and before bed. Attack goals with intensity. Keep goals top of mind, and always in sight. This will yield big results.

Habit #4: Read. A lot.

Start reading two books a month—focusing on emotional well-being, leadership, personal finance, and health

Habit #5: Practice affirmations.

Positive mindset provides a huge influence on one’s quality of life. The more you like yourself, the higher your self-esteem and well-being. Practice daily affirmations related to the most important areas of your life, focusing on faith, family and professional career.

The key to successful affirmations is choosing a mantra that’s tied to a dream and a realistic goal that are specific, achievable and true: “I’m working 10 extra hours per week to make $100,000 by next year.”

Habit #6: Volunteer.

There are many reasons to volunteer; use the opportunity to expand your network of like-minded people. It is an opportunities to give back and to create relationships with high-level thinkers.

Habit #7: Confide in a mentor who’s been in your shoes.

The most successful people on earth value mentors who’ve walked in their shoes and made it to the other side.

Habit #8: Practice gratitude.

Meditate or focus for a few minutes each morning and evening on what your grateful: spouse, kids, job and friends, to name a few. This habit helps you pay more attention to what’s going great in your life, puts life in the correct perspective, and keeps you focused on always moving forward with the right attitude.

Henry David Thoreau once said, “The mass of men lead lives of quiet desperation.

If you want to remain unrewarded, unfulfilled and ultimately unhappy, then continue to accept your habits which are not useful to fulfilling your aspirations, dreams and desires.

Bonus Habit:

“If you want to become really wealthy, you must have your money work for you. The amount you get paid for your personal effort is relatively small compared with the amount you can earn by having your money make money.” John D. Rockefeller


References:

  1. https://grow.acorns.com/7-daily-rich-habits-anyone-can-adopt/
  2. https://grow.acorns.com/money-mistakes-wealthy-people-dont-make/

Physical Activity

Physical activity is associated with better immune function

There is significant health benefits that can be derived from regular physical activity on our heart, muscles, and even brain function.

Regular physical activity can help reduce feelings of stress, anxiety and depression. There is ample evidence that regular physical activity is also associated with a better immune function.

Importantly, these benefits are achievable for everyone regardless of current health status, underlying conditions, gender or age. And, those who are least healthy (and, consequently, at greatest risk for severe COVID-19 responses) have the most to gain from maintaining an active lifestyle.

Physical Activity Guidelines

Physical Activity Guidelines for Americans suggest all physical activity is beneficial regardless of intensity.

The Physical Activity Guidelines suggest Americans engage in 150 minutes of moderate intensity activity each week or 75 minutes of vigorous intensity each week.

Individuals are encouraged to limit their sitting time as much as possible. But, it is important to listen to your body. If you feel pain or stiffness from too much sitting and inactivity, get up and move around. Even walking breaks of 2 minutes are associated with benefits (reduced pain, improved alertness).  Limiting prolonged sitting to less than 60 minutes would be a good rule of thumb.

Certainly those who can safely engage in moderate to vigorous intensity activity should do so. But if light physical activity is all you are able to achieve, there are health benefits that come from this. Essentially, some physical activity is good; more physical activity is better.


References:

  1. https://btn.com/2020/04/13/iowa-professor-espouses-the-benefits-of-exercise-btn-livebig/

Getting Better at Something

To Get Better at Something, Ask Yourself These Two Questions

Anyone can get better and improve at anything, including personal finance, with the right mindset and deliberate action. That includes getting better at saving by paying yourself first, investing for the long-term and accumulating wealth.

But in order to get better, individuals need to honestly answer “yes” to two very basic questions. Those two questions are:

  1. Do you want to do or get better?
  2. Are you willing to feel the discomfort of putting in more effort and trying new things that will feel weird and different and won’t work right away? To fail?

If the answer is “no” to either question, then it would be foolish for an individual to believe they can improve and get better by doing things the way they’ve always done it or thinking the same way they’ve always thought. Additionally, it would prove a waste of time and effort for any coach to undertake a client or player to improve their skills who do not answer yes to both questions.

Essentially, getting better, especially at saving and investing, is about wanting to get better by embracing a positive mindset and is about having a willingness to experience discomfort. It is important to know that you can become better at anything if your willing to do what is necessary.

But you will not get better if 1) you don’t believe you can and 2) you aren’t willing to accept the discomfort of doing things differently and do whatever it takes to get better.

Learning anything new means moments of feeling uncomfortable. You will need to act in ways that are unfamiliar and take risks that are new. Try things that, in many cases, will be initially frustrating because they won’t work the first time.

You are guaranteed to feel awkward and possibly experience failure for the first time. You will make mistakes. You may be embarrassed or even feel shame, especially if you are accustomed to succeeding.

The key take-away is that answering these two questions yes are a prerequisite to growth and achieving financial success.


  1. https://hbrascend.org/topics/if-you-want-to-get-better-at-something-ask-yourself-these-two-questions/