Controlling Your Destiny

How are you prepared for the future? Are you going to be rich or will you always be someone who is stuck in “The Rat Race?” During adolescence and into adulthood; Many of us are so worried about going to college and getting a good job, that we don’t take the time to learn the reason for both; Our society revolves around the acquisition and expenditure of money. Many people get divorced specifically because of arguments about money.

So what are you doing now to prepare for tomorrow? One of the biggest differences between someone rich and someone who is always going to be stuck in “The Rat Race” is what they purchase!

For example: Let’s imagine there are 2 people who each receive a bonus or raise at work. The average person will take the money they receive, and immediately spend it on a liability; They buy a new car, a nicer house, vacation.. The person who is preparing for the future instead invests their bonus/raise in assets. They may purchase another house, but rent it out… They may invest in stocks that offer dividends, or maybe even invest that money in their own company on the side..

The reason people never stop working, even once they reach retirement age, is they spend all their money on things that cost them more money (liabilities). Many have a 401k (a tax-deferred, not exempt, government sponsored program) and they let other people control their savings. When you take money out of your 401k, you are taxed, and If you take money out before you are 59 1/2, you get taxed an additional 10%.

Many people have seen first hand that if all your savings are in stocks (like a 401k), and there’s a stock market crash; you “lose your shirt”. The only reason why you should have a 401k in my opinion is if your company matches, and only invest the maximum that your company will pay. If you want to be rich, a good place to start is to keep track of where your money is going, minimize your liabilities, and start investing! The secret to getting rich is how you spend your money. The rich obtain passive residual income. The poor spend their money on liabilities.

The majority of people don’t bother learning about investing in school, though obtaining more money is the main reason for getting a degree! I heard something recently that sums this up very nicely. “If you aren’t working on achieving your own dreams then you are only helping someone else (the owner of your company) achieve theirs!”

Money is a very different kind of thing than most people think. You don’t have to work hard for money except initially, once you have some; invest, and let your money work hard for you (earning interest)! The secret to wealth is not work hard for 40 years and hope your 401k did well, the secret is to actively invest in passive residual income.

The wealthiest people in the world don’t have to work to earn money anymore; they own assets which they earn interest from. In order to get out of “The Rat Race” you have to be aware of the true difference between an asset and a liability, and collect assets!

Speaking of the difference between an asset and a liability; It is a common misconception (for home owners) that your home is your greatest asset. A home is usually a person’s greatest (though a necessary) liability. You spend more than you earn from it. In reality your job is likely your greatest asset. A house is only really an asset if you earn more than you pay on it. A house is an asset for those who rent their house out, or house flippers. For most people, a house is only an asset in the rare case that they sell it for more than they spent both initially and while living there.

If you want to be the master of your own destiny, you must actively search for all details on every topic, learn both sides of the story, scrutinize the differences. Then, and only then, are you able to make an educated decision, ideally based on good morals/values, and empathy, and truly have the correct answer to any problem.

Comparing and Contrasting Leaders & Bosses

coexist2Click Here to go to my home page: www.AdamFaigen.com

 I recently came across a picture I have seen once before and thought it brings up some good points/morals that we all could learn from.

This pretty much says it all.  The quintessential boss tells their subordinates what to do, when it is do, and maybe even how to do it; but they don’t do it with them, they don’t support their people, they just make it a stressful work environment, and end up with employees who hate them.  Remember we are ALL human; your poo doesn’t smell any better than anyone else’s.  No one is better just because they have a better job, or make more money.  Who you are is what you do, what you leave behind to the world; it is how you act to the people with the least amount of power; not whether or not you have the most.  Money does not make you a better person than someone else.

It is your personality, your willingness to help those less fortunate than you.  It is your drive to achieve something.

Learn new things; teach other people things that are important to you; do something you have always wanted to.  No one else can make your life better; you have to want to; and you have to physically do things to make it happen; make your own life better.

Thanks for reading! =)

@TheAdamFaigen

Today’s Society / Sartre’s “Bad Faith”

coexist2Click Here to go to my home page: www.AdamFaigen.com

I saw this youtube video recently about Sartre;  It has a couple funny quips in it; but I really like the principles laid forth in the bit about “bad faith.”

It doesn’t matter what the rest of society says; what is important is what you feel about who you are and what you are doing with you’re life.  We all (including myself) can be spending our time more wisely ..  I find it important to help other people, to learn as much as I can about everything important to me, to teach those things to others.

All you have to do to achieve everything you’ve always wanted; is to start!  Make plans for it! Write out step-by-step what you need to do in order to achieve all that you have ever wanted, and become happy!

Here is a link to the video about Sartre that I was referring to:

https://www.youtube.com/watch?v=3bQsZxDQgzU

Thanks for reading! =)

@TheAdamFaigen

Keys to finding the meaning of life

 

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In my opinion finding purpose in life is not as much of a mystery as it is made to be.  I believe we each have our own “meaning(s) of life” and if you have a desire to find yours; simply ask yourself these questions:

  • If I were to die tomorrow, what would I have left behind: and what would I LIKE to leave behind? Did I create something? Did I improve something? Did something I do help the people animals, and/or world around me?
  • What is most important to me?
  • What makes me happy?

The best advice I can give is “We only live once;”  life is too short to spend it simply obtaining, spending and obsessing over money.  Stop and revel in the present moment; You are ALIVE!

“Man surprised me most about humanity. Because he sacrifices his health in order to make money.  Then he sacrifices money to recuperate his health. And then he is so anxious about the future that he does not enjoy the present; the result being that he does not live in the present or the future; he lives as if he is never going to die, and then dies having never really lived.”  – The Dalai Lama XIV

I believe that in order to live a happy, fulfilling life, you need to spend time finding things that you enjoy doing and seeing.  Finding lots of friends and spending time with them and your family.  I also believe both learning from and teaching others anything that is important to you are crucial to a productive life.

Remember that there never will be a “perfect time,” so the best way to finish something that you always wanted to get done, is simply to start (and then continue working on it whenever you can until you are satisfied)!

Write that book or poem you’ve always wanted to.  Start that company or plan that trip and start saving if necessary.

CARPE DIEM  – Cease the day!

 

Thanks for reading =)

@TheAdamFaigen

Quit Smoking, or stop any other addiction without spending a dime.

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Click Here to go to my home page: www.AdamFaigen.com

 

As a previous smoker (for 15 years), I know first hand how hard it can be to quit something that you have been mentally and physically addicted to for a long time.  I tried quitting multiple times but couldn’t get past the first couple weeks, even with the help of e-cigarettes.  Well I was able to quit about 6 months ago now completely “cold turkey.”  What was my secret?  Simple, I used the power of “mind over matter.” 

Now let me make it clear that I am not a superstitious man by any means; I just know for a fact that our minds are capable of amazing things.   One of the most important things you should know when trying to accomplish anything is also the most simple; the only way you can achieve something, is if you believe that you can achieve it.  Then it is just a matter of will-power/effort, and if appropriate; practice and method development. 

One trick that I can give you in addition to just believing that you can quit smoking, is to give yourself a natural high… when you feel like you need to smoke; simply breathe in very quickly and hold your breath when you can’t inhale anymore.  Hold it for a few seconds and you will feel like you just smoked a cigarette; and you won’t need one anymore..  Just remember that if you simply try to quit, but don’t fully believe you can, or think it is too hard, or have any doubt; you won’t quit. 

You have to want to quit before you can!  Then it is a matter of perseverance.  I am at the point where I can be around other smokers, and have no problem not having one.  Some more quick advice is to find something to do instead of smoking; perhaps if you smoke every morning when you wake up or get in a car you should drink a glass of water or chew a piece of gum instead (or inhale quickly and hold your breath)… Good Luck and don’t forget that you can do anything you put your mind to!

 

See you soon  =)

@TheAdamFaigen

Go with the flow; and find peace

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Click Here to go to my home page: www.AdamFaigen.com

 

You don’t have to be religious to know there is something amazing about nature.  Just like you don’t have to be happy at all times to have found peace.  If you stop to smell the roses; you will start to notice how your day to day stresses are really not worth suffering for, or dwelling on.  Remember that a “bad day” is all about your perspective;  if you think you will have a bad day, you will!  Ask yourself: “How important will this problem/issue/argument be tomorrow?  next week?  next month? next year? in 10 years?”  

Trying to remember that life is too short to focus on the trivial, and to try to find, and do the things you enjoy; can greatly increase the general quality of life.   If you are at work and feel like the day is just dragging on;  try to remember that in the scheme of things the amount of time between now and when the work day is finished is a blink of an eye; and before you know it, you will be off.  

I find that just going with the flow, rolling with the punches and just letting things go, and generally choosing to be happy, is the way to finding peace.  You don’t have to meditate, or do yoga, or even believe in anything to be a spiritual person.  Perspective and mood is everything. 

 

See you soon  =)

@TheAdamFaigen

Response to a pretty strong difference of opinions between a friend and I.

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Click Here to go to my home page: www.AdamFaigen.com

A co-worker and good friend of mine recently sent me an email which took me by surprise… He is a spiritual man who is like me in that we both are always trying to learn new things about (and to improve) ourselves and the world around us..  Well in this email he told me that he has essentially been a little off track recently in his spiritual beliefs but is back on what he believes is the right path after watching a youtube video regarding the beliefs of the church on gay rights, etc.

Well one of my close relatives is bi, and I have had friends who are gay, so personally I have different beliefs, and I responded to his email and told him this, and afterwords he apologized and essentially said he was caught up in the moment of what he was thinking about after watching the video, and that he is still searching and doesn’t know the truth.  So In response; I sent him the following (paraphrased) message

Ultimately it is up to each one of us to decide for ourselves what we think is right and wrong, what we believe and what we don’t, and what is truth and what are lies.  Even if our beliefs do conflict; I have nothing but utmost respect for you because you are willing to actually take the time to view all sides of every argument you hear before deciding for sure what you believe; I wish more people could be like that.

So continue not being afraid to tell me your true beliefs/feelings.  I will always tell you how I feel about something regardless of whether we agree; just don’t be offended if we don’t, I will happily explain why I do or don’t agree with you about anything and I hope you aren’t afraid to do the same.  The best thing about arguments between two intelligent adults is that we have the ability to still get along and respect the fact that people don’t always have to agree to be friends.

Anyways I generally have the same morals and values as you even if there are differences here and there.. Basically what I am trying to say is keep on being you. Don’t let what I say to you affect what you say to me or think I want to hear; I hope nothing like that can stop us from being friends.

I just thought I would share this email, I thought it important to repeat because I feel like there would be many more friendships and therefore happiness in this world if we could just remember that sometimes arguments are going to happen and we can’t always agree; but we can look past our differences and see the good in other people.

Happy Holidays everyone!

See you soon  =)

@TheAdamFaigen