Tag: work

Resilience and Adaptability = Confidence

On By RistrettzIn Psychology, Random, Wealth & HealthLeave a comment

Life is like a game. You play a game and this game cannot unwind or move back or restart. You will face good and bad decisions. More often, you will face a dilemma. I like to listen, adapt and use psychology to understand and comprehend most things. I find that humans are a handful and psychology is the best way to understand someone instead of a concept or a model.

Our life, work and family revolve around integrating these into our day-to-day life. When faced with challenges, it saps the energy out of us and makes us feel down, upset or even dejected at times. However, the same can be said about joy and happiness. More importantly, these moments never last forever and instead come and go like the rides of a roller coaster. It is a simple measurement of life that nothing lasts forever.

Comparing ourselves with other makes a good benchmark on where one would like to be at a certain point in time but it should not turn into envious or jealousy. Let’s say that let us be glad we can do the things we do, no other should influence you into turning green nor should that affect your decision to change your values and principles.

More often than not, we as humans are more resilient than we think we are. Most of us need time to get over things, some people are made different, and they move on faster than the rest. It is not a good or bad thing. What I meant to say is that there are trigger points in life that are essential and these triggers are due to an in-built mechanism that moves subconsciously within us. This means, that when one person does not think he can achieve or do this, situational issues may have triggered a situation where, over a period, this person continuously pushes forward better than he thought he was. (In the sub-conscious

As I get on with my morning exercise which I am trying hard to change and get used to in order to reduce the cm on the waistline for my own good. There were alot of thoughts that flowed through my mind. Things such as wisdom words, mentoring and coaching stayed with me even within the last 10 years where I no longer meet my ex boss, inspiration mentor or coach. Here I am trying to be a notice inspiration leader.

Simple headlines and things I learnt

a. What i the one thing that no one takes away from you. This is what my first real boss told me and that is Knowledge. The wisdom of apple is one that no one can take away from you. It is unquantifiable and only shows when you act on certain aspects

b. Learning and training. Is there really a need to learn and train in an environment. I’m learning everyday, I just need the credentials but guess what those around me whom I worked with studied in University of Imperial College, MTI, Colombia, Havard and Cambridge. I learned valuable lessons without going through the official program. Do we really need to study for the sake of studying. We only work 40-50 years of our lives and spending more time in school – Unless I want to be a researcher or educator, I’ll consistently go back to school.

c. No experience, no skills, no other relevant education. We should really rid ourselves of this concept. Who started off with experience, skills and relevant education. Most leaders just forget where they once were and just want to get their shit done quickly and productively. It is hard to find a mentor or coach. Why? because it is a time value and what they can be doing.

d. Spiritual – It is not meant to be a preaching session. When all else fails. Look to where your beliefs bring you. You will be surprised at the result. What is Faith?

i. Scenario 1: When you fall forward and see your friend/partner in front of you, you fall forward with the confidence that the will catch you.

ii. Scenario 2: When you fall backwards and you see your friend/partner still in front of you. you fall backwards without fear and worries. That is faith. (Please do not do this in real life or you will end up hurt)

e. Everything happens for a reason and nothing lasts forever. The question is how long so make the best out of your time.

Conclusion

I meant to write this as a form of inspiration. I am a nobody and I’m not an inspirational leader. However, I aim to be one and no one was a leader at birth. The same can be said about skills and experience. We are born equal and we choose our own path. So, Sulk and Swear all you want – then move on and don’t prove anyone anything. They don’t even care or even know what you are thinking. If you show ethics and integrity, be real and honest – Things will fall into place eventually.

When you find small success in life, that’s where positivity exudes. This is where you find confidence. The saying “fake it till you make it” holds some truth because marketing sells and you have to keep selling yourself and your own USP until someone values what you are talking about.

Disclaimer

If you like what you are seeing, do remember to check them out and do your diligence. There is no one-size-fits-all investment strategy and no one solution to life. Join my telegram group to find out more about deals and join the community to connect for ideas: Life Journey Telegram

Thank you in advance. It would help in every little way now that I’m in between work.

If you like what I am sharing or if it resonates with you, do use my referral codes here at Referral Services

Retirement Series (Part 2)

On By RistrettzIn New Ideas, Personal Finance SeriesLeave a comment

My part 2 version came a year and a half late. My apologies really.

In the previous discussion, I discussed about retirement. In the past, it was a buzzword only for people in their 40s or 50s. That is quite normal I would say. Given the financial literacy and knowledge of Generation X. Not many people make an effort to think about the future. I would say that partly it is due to the conditions of the past and education. Fast forward 30 years, the trend is gradually changing. The young are concerned about their futures and the future of their younger ones. An additional factor is that personal finance and financial literacy are increasing among the young.

Including myself, I love my kids and I want the world to be in a better place than it was when I am no longer around. It depends on which stage everyone is in. Some people have more resources while others have lesser. However, that does not make you any less by starting out early. Even if you are late to the game, making the start of this means that you are already on your way to some form of freedom.

There are so many investment tools out there in the market to put your money in and it’s a matter of understanding the risks and taking the right risks to grow your money. Of course, the basic step is to spruce up an emergency fund first. You cannot confuse your pot to be of multiple use. Different funds that you raise have to be for a different purpose. If you have fewer resources, then focus on the things that will give you the confidence such as building a pot of emergency funds. For example, 9 months’ worth of extras. Do not undermine the power of achieving milestones because the small effort often counts for bigger things to come.

Once your basics are covered. We have to think about the next step of risk – This is the part where I term it as risk transfer. This is short is coined as Buy an insurance. The basics are buying your personal health insurance and protection against illness, treatment, sudden medical conditions as well as other unforeseen circumstances. Life itself is uncertain and as time goes by, it will be more prevalent. Getting insurance is never enough but there are many ways to kick-start that. It also involves a bit of planning.

I’m no financial expert. All I know is you probably should find out more to convince yourself that you need to risk transferring your future.

a. Health Insurance

b. Whole Life Plans with TPD or Term Life Plans or Hybrid Plans

c. Critical Illness

d. Early Payout Critical Illness

e. Disability Income or Elder Shield Enhance

I’ll say start working with the Health portion followed by Death or permanent disability coverage. Because if you are gone, your potential future earnings are gone and your dependants depend on them. Once you have covered yourself, then start thinking about the rest. Baby steps. This works well if you are still young.

Things like Mindef or MHA term insurance coverage or SNACK Income microinsurance work well to supplement this insurance at a low cost. That’s something most advisors probably would not share with you.

That’s probably enough information for Part 2. We should talk more about insurance in Part 3.

Disclaimer

If you like what you are seeing, do remember to check them out and do your diligence. There is no one-size-fits-all investment strategy and no one solution to life. Join my telegram group to find out more about deals and join in the community to connect for ideas: Life Journey Telegram

If you like what I am sharing or if it resonates with you, do use my referral codes here at Referral Services