Treating the Symptoms and Not the Root of Problems

These days you open the financial news section, there isn’t a whole lot of good news going on in the section.
You see news about people losing their homes to foreclosures, due to “unforeseen” results of lending.
You see news about financial and investment companies losing their pants due to the subprime heap of mess.
You see news about toys recalls and decrease of quality in other products, due to cost cutting.
You see news about people’s booty falling into piles of credit card debt.
You see news about boomers retiring with inadequate savings, due to…I really don’t know, probably a bunch of reasons (excuses).

In turn, people write and argue in the media about what methods to fix each of those problems, and in some cases, bailing out those people. I’d like to say people have gotten it all wrong. I say those problems are just symptoms of a rampant issue in society. By implementing method that solve each of those problems will only provide solutions in the short term. On the long haul, they will come back to bite us once again, and probably with a vengeance.

I say the main issue is greed and irresponsibility. People are so drugged up with greed that lead to a lot of the problems we see today. Profits, profits, profits. And with only profits in mind, people took actions in order to make profits while ignoring or denying the fact that they will be responsible for the consequence later, as is happening in the market these days. As for individual consumers, they have been irresponsible of their own financial matters and future, buy junks and luxury in the cost of future.

Hence, instead of solving those individual problems, I would urge people to put a tap on their greed and blatant ignorance to responsibility. If only people can learn to exercise self-control, maintain a clear mind, practice some discipline, understand responsibility… but those don’t sound very fun. Such boring mumbo-jumbo.

Making quick money is so much more fun!
Having all these things is so much more exciting!
Oh right, eating junk food is so much more fun too!

Perhaps I should shut up, as I appear to be the insensible one here. Or not?

Originally posted 2007-11-21 23:49:29. Republished by Blog Post Promoter

Use Your Imagination to Learn

Imagination is a mental capacity that’s enabled by our ability to think. No doubt, it’s a double-edged sword, but used correctly, it can greatly enhance our ability to learn.

Not that I have scientific proof, but it is something I picked up and found tremendously useful when I practice fencing, singing, basketball, piano… especially piano, there is such thing called “mental-play”. Supposedly Beethoven is a master of that, which is he can play perfectly blind!

It is pretty simple, just requires both mental strength and awareness to observe your own thoughts. Whatever you wan to do, be it a physical movement, a goal you want to accomplish, try to imagine yourself doing it.

Now, can you see yourself doing it?

If you can, keep repeating it and most likely, your chance of success will be enhanced. If you CANNOT, that is fine too and it is time to explore what is holding you back.

If it is a physical movement/exercise, you need to feel your own body. How are you breathing? How is your posture? Which part of your body, down to specific muscle, is tense? You need to be able to feel your body to make progress.

If it is a abstract goal, something you need to do, then it is time to examine what is holding you back. What are your values? What skills you need to learn? Why are you not confident? What kind of friends do you keep? How many things are you doing? Maybe you are watching too much TV?

According to Craig Harper, before he opened his gym, he has been running his gym in his mind for years. Before he trained his first client, he has trained thousands of clients in his mind before. I believe him.

I took what I learned from physical activities and applied it in my work settings when have important meetings or presentations, it is quite helpful. Think of imagination as a sub-version of you doing the actual things. Practice makes perfect, right?

Originally posted 2008-11-29 00:22:40. Republished by Blog Post Promoter

Saving Interest Rate Is Not Low Enough

I’m sure that’s what all the banks think. “If only we can somehow make it 0% interest and still get people to deposite their money…”

This post is provoked as I am doing my monthly accounting and noticed this in my ING Direct Saving account.
ing_july_rate

So 1.5% is not low enough and they make it 1.4%, whaaaa….

They are really being unhelpful for those of us who are saving their money.

There are those people who think, “I will lose my money if I put them in stock market. I will not make any interest if I put them in saving. I will also lose money to inflation if I put them under my mattress. To hell with it, I’m going to spend it all.”

For sure that is not the right mentality to have, respective to saving and being frugal, but surely, we can all see why people feel that way, no?

PS. Hope everyone had a good July 4th weekend.

Originally posted 2009-07-05 16:01:24. Republished by Blog Post Promoter

Saving On Beverage In Restaurants

When you read the title, did you think “So this guy only drink water, what a cheapo”?

Hey now! I am not gonna ask you to never order a soda or other kinds of beverage at restaurants and ONLY drink water. Let me describe what happened:

I was at lunch with colleagues at an Indian buffet restaurant. Being an engineer, I prefer to have some caffeine in my body for the afternoon (I’m an avid coffee drinker, one cup of coffee everyday is not bad for you). So I ordered a coke. To my unpleasant surprise, the glass they use is at most 6 oz in volume and half filled with ice, so I can essentially drink the whole thing w/ one tenth of a breath. I was not happy.

But here is the lesson:
Before ordering drinks at restaurants, pay attention to surrounding tables’ order of beverages. If most people don’t order beverages other than water, follow suit because something must be off. Then check out the glass size they use for non-water beverages, get it if it’s a decent size in your mind.

That’s it for the day…
Oh wait…
What did I say at the beginning?
Or rather, what did I not say?

Why not just drink water?
It’s good for your health.

Originally posted 2007-08-15 23:25:59. Republished by Blog Post Promoter

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