Debt is bad.
You are probably thinking, “Dad what is debt?”
Sorry, here is the definition of debt from the dictionary: the state of owing money.
Basically, most Americans buy things. Big, expensive things. Resist the urge to do that. [Read more…]
#1 – Follow the 80/20 rule in everything you do.
There is a rule called The 80/20 Rule or 80/20 Principle which is based on a proven scientific theory known as Pareto’s Principle. Essentially what it means is that 80% of the meaningful results you generate in your life and career will come from 20% of your efforts.
I live by this rule and I hope you will too. Not because I want you to be like me, but because I don’t want you to waste a lot of your time like most people do.
Focus your time and energy on really important things that drive happiness and balance for you and others who are important to you.
Here are some examples of the 80/20 Principle to make it easier to understand. [Read more…]