Showing posts with label priorities. Show all posts
Showing posts with label priorities. Show all posts

Thursday, December 17, 2009

Remembering What's Important

Remembering what's important is sometimes difficult.  "It's hard to remember that your goal was to drain the swamp when you're up to your tail feathers in alligators."

I was reminded of this today when I found my mother taking the lights off the Christmas tree very carefully to put them away along with the ornaments.  She was reliving early childhood experiences after Christmas with her brother, Danny.  She had forgotten that today is December 17th and that tomorrow (Dec 18th) is her 95th birthday.

I could have allowed her to talk about her brother, then could have brought another tree from my house or fix her tree later. 

It took both of us a while to disengage the "I'm right; you're wrong" response.

Friday, September 25, 2009

Networks and Priorities and Exceptions to Rules

Each of us has a system we use, consciously or unconsciously, to determine our priorities and choices--for our time, attention, value, commitment, money, and more.

I had a call this morning from a friend who knew someone who had had a family tragedy and needed some help.  During the course of that conversation, I became aware of some of the processes I use to determine those priorities and to make exceptions.  It is a normal priority for me to extend what support I can to friends who ask.  When a friend asks on behalf of another friend, I extend my priorities and exceptions to the friend-of-my-friend.

I've offered my support and don't know whether or not I'll be called upon to follow-through.  The experience has already lead to a "snap-shot-awareness" of how I work my processes for priorities and exceptions.  That's a good thing to know.

Any one of us could have a family emergency or tragedy without warning.  It's nice to have friends to connect to and to have those friends connect to people they know.  LinkedIn talks about networks and degrees of networks.   In my network, I have 55 friends;  2 degrees away (friends of friends) I can connect with their 7,600+ people; 3 degrees away (friends of friends of friends) I can connect with 747,800 people.  (Some of my family members are on FaceBook.

Want to join my network on LinkedIn?

Wednesday, September 2, 2009

Freedom, Choice, Priorities, and Streams of Income

As we age, we have opportunities for multiple experiences.  My birthday is coming up this month, in fact, it's one week from today.  This has been a great time for reflection.  Part of my reflection has been about "freedom."  The freedom I am referring to is more than the freedom we enjoy as citizens of the USA.  That's wonderful in itself.  This freedom is about the possibility of making choices and priorities regarding quality of life now and in the future.

Robert Allen has written a series of books dealing with the importance of streams of income.  He talks about "money mountains" and that streams of money flow from these mountains.  If everyone has three or four of these mountains, then, if the stream slows or drys up from any one, enough money is still coming in from the other mountains.  The economy in the USA in 2009 shows the importance of many of these ideas. 

Some of these mountains include our employment (jobs, businesses, farms, what we do to earn income).  There are several investment mountains (stocks and bonds, residential and commercial real estate to name two).  The Internet is another mountain which can add a variety of income generating opportunities.  Another area of need is the concept of residual income.  Robert Allen suggests that network marketing may be one way to begin to generate residual income, though it is not always easy to find legitimate network marketing opportunities that someone wants to engage in.

Freedom comes when we can make the choices and priorities we want in our lives and have sufficient income to support them. 

Birthdays are good times to think about retirement.  I know I won't stop working.  I love what I do too much.  What I want to have the opportunity to do is to choose whom I will work with and to be able to make my fees reasonable and affordable so that I can work with more people and organizations.

An axiom in investment is that high rewards come from high risks.  In employment, high salaries usually are associated with high demands and expectations--and less freedom.  Often people choose to invest time and energy in high paying jobs today for a better quality of life tomorrow.

As I grow older, my tomorrows are today.  I want more freedom in my life and am willing to work for that.  The resididual income I have in place from work and experience done "yesterday" and my lifestyle choices today help me balance my freedom to choose what I'll be doing with my life in terms of income.

I need to keep working the "multiple streams of income" ideas to keep my future quality of life as good as it can be.  Health care insurance is important to creating this sense of freedom.  No matter how much reserve we accumulate, health care needs in our future can consume everything we have.  With a good balance of health care insurance as part of our daily quality of life choices, we can preserve our freedom and quality of life in our futures for a much longer time.