Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

4/25/2013

Budget / Money Management

Most of us are having to work harder and longer for our money today. Our earnings are a precious commodity, so we owe it to ourselves to look after our money and spend it wisely.
Unfortunately, money management is rarely taught seriously in school, if taught at all, so 'trial and error' has become our teacher. This can result in enormous stress as we wrestle with paying bills, managing debts and saving for the future, against the ongoing challenges of inflation and for some, unemployment. Setting up a budget is the only solution, but take heart - many families find budgeting is much easier than they expect. What better time to find out than right now? 

Tips and Tools You Can Use
Successful budgeting begins with clear identification of income and expenses, with the latter broken into fixed expenses (fixed payments that you have to make, such as rent, mortgage, loan payments etc) and variable expenses (ongoing payments that vary and could be controlled, including gifts, entertainment, travel etc.) Many tools are available to help you with this vital first step. Once completed, you'll be in an excellent position to begin taking control of your finances. Here are some great tips: 

Assessing the situation
  • Add up your income from all sources, including take home pay, pensions, child support, alimony, rental income etc..
  • Determine the fixed expenses you have to pay, including rent, mortgage, utilities, loan payments, insurance etc..
  • Determine the variable expenses that you have some control over, including food, clothing, entertainment, travel, gifts etc..
  • Track your daily pocket-change expenses for a week or more, including snacks, newspapers and spontaneous small purchases. These can add up!
  • Add an amount for emergencies that may crop up over the year.
  • Add an amount for savings for the future.

Balancing income and expenses

  • Compare your income with the total expenses you listed above. If your income is greater than your expenses, reflect whether you could make better use of the surplus through saving or investments.
  • If your expenses are greater than your income, it's time to trim your budget.
  • Clearly identify the amount you need to trim from expenses.
  • If debt load is overwhelming, consider credit counselling.

Trimming expenses

  • Review fixed expenses. This is the hardest area to trim but savings are sometimes possible through better mortgage rates, loan consolidation etc.. In extreme cases, alternative housing options may need to be explored.
  • Divide your variable expenses into 'needs' which would include basic food, clothing and utilities etc. and 'wants', which might include entertainment, hobbies and travel etc.
  • Consider where savings could be made. There are many resources to help you with this.
  • Set realistic targets that allow for small treats. If your budget is too harsh, you are more likely to give up.
  • Be a financially wise food shopper
o   Find saving coupons on the internet (http://www.save.ca/)
·         How to handle your debt load
o   10 strategies to reduce your debt (http://moneycentral.msn.com/articles/smartbuy/debt/1330.asp)
o   What Debt To Pay Off First (http://www.bankrate.com/dotp/news/cc/19980713.asp)
o   Dealing with debt: from the Office of The Superintendent of Bankruptcy Canada (http://strategis.ic.gc.ca/SSG/br01035e.html#Possiblesolutions)

Savings and Emergencies

  • If at all possible, consider funds for savings and emergencies as budget 'needs'.
  • Try to cut 'wants' before you cut into these funds.
  • Consider automatic payroll deductions from your monthly salary into a savings account.

Helpful Resources

Household budget form
How to budget
Money Saving Tips
10 strategies to reduce your debt
The Canadian Coupon, Contest and Online Shopping Site
Online Coupons
Free things to do in the Greater Toronto area



 For more information or to arrange an appointment
for confidential counselling, contact FGIworld,
your EAP/EFAP provider, (24 hours-a-day/7days-a-week) at:
1-800-268-5211 (English)
© FGI
 
       1-800-363-3872 (en français)

The African Monkey with a Diamond - Searching for the Truth


Joe Rogan on Materialism and Technology --> a TRUTH conversation.



And the timing was impeccable... I understood what he was talking about when he spoke of the YUGA CYCLE since I just finished watching (the YUGA CYCLE is explained at about 22 minutes in):

3/21/2013

How to Handle Your Debt Load

We live in a society where a credit card is considered as essential as a phone and where students learn to accumulate debt through student loans before they even start earning. Small wonder then, that so many of us end up drowning in debt. 

Understanding the cause of our debt accumulation is key to finding solutions and preventing a recurrence. Job loss or personal emergencies, for example, may not be preventable but building a savings 'pad' might make future situations more manageable. However, if the cause lies in compulsive spending, as it does for many people, understanding the habits and attitudes that lead to spending, will be key. Whatever the cause, you're taking a great first step in admitting that a problem exists. 

Tips and Tools You Can Use
Begin by listing all your debts to get a clear picture of your situation. Consider whether it's manageable through stringent budgeting and lifestyle changes or whether your debt load is so out of hand that outside assistance is vital. Remember that you don't have to go through this alone. There are many resources to help you. Here are some tips to get you started: 

Self-management
  • Total your debt payments and draw up a budget to allow for them.
  • Reduce your credit cards to one low-interest card. Keep it aside for emergencies.
  • Consider whether you can use one low-interest card to pay off cards with higher rates.
  • Reflect on the cause of your debt load and problem-solve to avoid future recurrences.
  • If compulsive spending is at the root of your problems, consider outside counselling.
  • Re-establish your credit rating
o   To obtain a copy of your credit report:
Equifax: 1-800-465-7166
Trans Union: 1-800-663-9980
o   To contact a licensed mortgage broker:  1-888-442-4625

·         Budget/Money Management
o   Household budget form
o   How to budget

Credit counselling services

  • Offered by many non-profit organizations, some with United Way affiliation. A small fee may be charged.
  • They will put together a repayment plan to help you repay debts over a period of time - usually 4 years.
  • Clients make a monthly payment to the service, which then pays all creditors.
  • Negotiation with creditors usually enables debt interest to be frozen.
  • The service helps to prepare a budget.
  • Your credit rating will be affected - it usually goes to an R7.

Consumer Proposals

  • Administered by Bankruptcy Trustees.
  • You will only pay a percentage of your debts, however secured debts will not be included.
  • Repayments are based upon your income, dependents and debt load.
  • Payments to the Trustee can last from three to five years and are made monthly.
  • You must attend two budgeting workshops.
  • Your credit rating is affected - it usually goes to an R7.

Bankruptcy

  • Administered by Bankruptcy Trustees.
  • The approximate cost to go bankrupt is $1600 to $1800. The charge usually works out to around $200 per month.
  • Bankruptcy lasts from nine months to just over a year.
  • A discharge is granted after the nine month period.
  • You must attend two budgeting workshops.
  • Your credit rating is affected - it goes to an R9.
  • Bankruptcy - it isn't a four letter word.
  • Office of the superintendent of Bankruptcy Canada (http://strategis.ic.gc.ca/SSG/br01035e.html)

Helpful Resources
Manage Debt Step by Step
10 strategies to reduce your debt
What Debt To Pay Off First
Dealing with debt: from the Office of The Superintendent of Bankruptcy Canada
Household budget form
How to budget
(http://www.bankrate.com/dotp/news/advice/20000511b.asp?keyword=



 For more information or to arrange an appointment
for confidential counselling, contact FGIworld,
your EAP/EFAP provider, (24 hours-a-day/7days-a-week) at:
1-800-268-5211 (English)  1-800-363-3872 (en français)

3/18/2013

Boosting Your Positive Outlook: Tips & Tricks

The following information received from a Positive Outlook / Stress Management session I attended a few years ago. The presenter and the information was provided by: Shepell FGI


Stress is not an event that "happens to us". Our beliefs and perceptions of events are more important than the actual events in determining our level of stress.

When "Stress" occurs (EVENT) how do I typically react (INTERPRETATION)?
Do I react with a state of: Stress | Neutral | Positive 

When we're in the "Stress Whirlpool" the cycle typically looks like this:


Crooked Thinking Habits

Many of us fall into the trap of 'Crooked Thinking'. This term refers to patterns of thought that increase our negativity, fears or worry levels, and as a result elevate our stress levels as well. Such patterns end up altering our view of ourselves and of the world around us.

It is important to note that all Crooked Thinking involves some form of distortion. A number of these distortions seem to be very common and are shared by many in Western society. The good news is that distorted thinking is simply a bad habit. And like any bad habit, one can eliminate or minimize the habit to a point where it  no longer is a problem. The first step is to understand what Crooked Thinking  actually is and what common distortions are present in most cases.

Here are some common forms of thought distortions. You can find more on these and other common thoughts distortions in any book written by Dr. David D. Burns.

Personalization: When we hold ourselves responsible for things over which we have little or no influence, or which have only a minimal connection to us, we are participating in personalization. For example, if a colleague is in a grumpy mood, it would be rational to ask ourselves, "What's going on that he's in such a bad mood?".
However, if we engage in the habit of personalizing, we ask, "What did I do?".
Two useful tools to break out of the crooked thinking pattern of personalization are:
(1) asking ourselves, "Does this realistically have anything to do with me?", and
(2) reminding ourselves of Reinhold Niebuhr's Serenity Prayer:


Magnification or Minimization: This thinking habit occurs when the impact of an event, or our role in it is exaggerated. "Awfulizing" or "Catastrophizing" fall into this category. For example, if I'm having difficulty at work, but I tell myself that I am about to be fired, I am engaging in catastrophic thinking. To challenge this bad thinking habit, we need to ask ourselves, "What is an accurate, realistic description of my actions, or this event?" Talking about an event with others can be helpful, since they can often provide a third-party perspective to help us examine the situation rationally.

All-or-nothing thinking: This type of crooked thinking occurs when we think in absolute black or white terms, with no room for grays. I'm either perfect, or useless. Someone is either wonderful, or hopeless. The future is either heaven or hell. To move into a realistic framework, all-or-nothing thinkers need to look for middle ground where people and events are a mix of good and bad, positive and negative, helpful and unhelpful.

Mind Reading:  When we engage in mind reading, we assume that we know what others are thinking, or what they need or want - usually to our detriment. For instance, going to a party and thinking people are not talking to you because they know you've just gained five pounds is taking the "mind reading" distortion to an absurdity. When we are guilty of mind reading, we need to remember to gather data and information from other people not to assume that we know what they are thinking.

Discounting the Positives: This thinking error occurs when the negative aspects of an event are attended to and the positive aspects are ignored. The phrase, "Seeing the glass half empty" speaks to this particular thinking habit. To break this thinking habit, we need to see events in their entirety, not to focus only on the negative aspects.

"Should / Ought / Must" thinking: When we engage in should/ought/must thinking we habitually set perfectionistic or unrealistic standards for ourselves and others. Statements such as, "My children should be more obedient" or "My husband ought to be more thoughtful" suggest that the current status quo is inadequate, thereby creating stress. To break this habit, we need to become more accepting of "what is" and set standards that can be realistically met.

"Blame" thinking: Blaming others or oneself for events that have occurred, whether or not this assignment of blame is accurate, is a common thinking error. It is premised on the belief that if something has gone wrong, someone must be responsible for it. But this is not always the case, or accurate accountabilities may be complex and inter-related. To alter this thinking habit, we need to be willing to take the time to understand how events occurred, and not immediately point fingers at others.


Negative Thought Diamond





Thought Samplers:
  • No one else seems to struggle the way I do.
  • I just know we're destroying the ozone layer quicker than experts say, soon we'll have nothing left.
  • Feeling like an outsider will always plague my life.
  • My boss is making unreasonable demands.
  • I'll never be able to get my life "together".
  • No one loves me.
  • The way things are today, kids don't have a future.
  • The problem is so big, I won't be able to cope with it.
  • She didn't really mean what she said, you can't trust anyone.
  • No one ever helps me. They just don't care.
  • I'm hopeless.


Steps for the "Daily Catch"

1. Recognize when you are participating in excessive negative thinking or experiencing excessive stress in your body.

2. Record the situation / events which triggered the negative thoughts or stress.

3. Record all Negative Thoughts that emerged (at least 4-6 thoughts).

4. Identify if these thoughts focus on self, other, future or the world.

5. For each Negative Thought, write down other, more reasonable response based on a clear, rational assessment of the facts (at least 3-4 responses for each negative thought).

Examples:

Triggering Event: My boss just called and asked about the progress of the last project he assigned.

Negative Thought: I should have had it done by now.
Focus of Negative Thought (Self, Others, World, Future): Self.
Reasonable Response: I have not done it by now, because there was no deadline on the project. | He told me other projects were priority right now. | I did complete significant pieces of it, so it'll be clear that I am dedicated and competent.

Negative Thought: He's so useless! He knows nothing at all about delegating!
Focus of Negative Thought (Self, Others, World, Future): Other
Reasonable Response: He asked about the "progress" - not if it's done.

Negative Thinking and Organizational Change: The Deadly Duo

Many of us experience "tough going" when we're surrounded by organizational change. A merger, a round of downsizing, changes in senior leadership - these all create enormous stress. Less extreme changes like getting a new IT system, or a new supervisor, count too! And most of us respond to these stressors by participating in negative thinking. When our means of earning a livelihood starts to shake, we react with fear. Thoughts such as "I'm going to loose my job", "I can't work with this new person" or "The end result of all these changes will be disaster" fill our minds and at times seem to swamp us.

So... if you're experiencing organizational change, take note! If a lot of people are impacted by the change, anticipate to see negativity in the work environment. But you don't have to be part of the problem. Use the Becoming Aware tool frequently to catch small negative thoughts as they pop up. Recognize the stress you're experiencing, and find ways to manage it that are more helpful than indulging in negative thinking. Maintain a proactive, flexible and patient attitude. Look for opportunities in the new changes. Be an exception to the rule, and react to workplace change positively. Decide to be part of the solution!

There's more than one way to...

When we get stuck in looking at an issue from only one perspective, our body reacts with by becoming stressed! Being able to see a situation from more than one perspective is a skill we can all develop to reduce our stress levels. In the book "Managing Your Mind", Butler and Hope offer the following list of questions to help us get better at seeing both the forest and the trees:
  • What are the facts?
  • Does my thinking fit the facts?
  • Could I be making a mistake in how I'm thinking?
  • Am I thinking straight?
  • What other points of view are there?
  • How would someone else (my partner, my boss, a friend...) think about this?
  • What is the worst that can happen?
  • What can I do if that worst case scenario happens?
  • Who can help me with this situation?

And last but not least - probably the most important - the key to positive outlook and happiness is always GRATITUDE.

Keep a GRATITUDE journal always near by and ensure to update it daily!





Related Resources:

www.Mandalacoach.com

www.lifepositive.com

www.meditationsociety.com

 

3/11/2013

The Art of Execution: Passion to Action

Let's get down to business, and by business I mean: Gary Vaynerchuk


Youtube video of Gary Vaynerchuk via theARTof.com

Are you a hockey player playing soccer? And if so, are you the type to drop the stick and start dribbling or will step-out and go find a pond?

Wow, nothing like just getting right down to the point! Love it, thank you Gary!

Knowing WHO you are and WHAT drives you is indeed an important factor in life - that IS what life should be about; however like most of us know - it doesn't always workout that way. We live in a world where we build ourselves-up to become who we 'think' we should be and we end-up doing stuff we 'think' we should be doing... Yikes! All-this-while watching those who don't conform rise to the top!

Look at yourself in the mirror (as Gary explains), REALLY look at yourself and ... let's get honest here. If you can't be honest with yourself - and truly allow yourself "your" truth - then how do you expect it to ever become a reality.

2/14/2013

Finance Review Tips

Wouldn’t it be nice to have had a “Money Management” class in school? Instead ‘trial and error’ has become our ‘lessons learned’. Money can cause enormous stress as we try to clear up bills, debts and try to save some money for the future… which only ends-up paying off our bills and debts! Understanding budgeting is the key and it’s easier than most expect. 

Tips and Tools to Use 

Step 1: Identify income and expenses

Step 2: Break down your expenses into (daily, weekly, bi-weekly or monthly):
a)    Fixed payments” such as rent, mortgage, loan payments, insurances, etc.
b)    Variable expenses” that can be controlled, including gifts, entertainment, travel, food, clothing, etc.
c)    Pocket-change expenses” such as snacks, newspapers, spontaneous small purchases, coffee, etc. (These add up fast!)

Step 3Assessing the situation 
a)    Sum up all income sources such as take home pay, pensions, child support, alimony, rental income, etc.
b)    Sum up all “fixed payments” expenses
c)    Sum up all “variable expenses”
d)     Sum up your daily “pocket-change expenses”
e)      Add savings and emergency amount

Step 4Balancing income and expenses

a)    Compare your expenses to your income.
b)    If you need to trim your budget, clearly identify the amount needed.
c)    If you notice a significant imbalance, you might want to review your budget with a credit counsellor or financial advisor.

 Step 5: Trimming expenses

Where to start? I have too many expenses and not enough money!
a)    Fixed payments”: No one thinks about trimming these payments because of their importance. But savings are occasionally possible with your fixed payments by doing your research: such as better mortgage rates, loan consolidation, etc.
b)    Variable expenses”: split your list into ‘needs’ such as food, clothing and utilities, etc. and then a list of ‘wants’ such as entertainment, hobbies, travel, etc.
c)    Pocket-change expenses”: consider car pooling, make your own coffee “to-go”, bring a lunch, borrow a newspaper or read the on-line news, etc.
d)    Set realistic goals: You need to allow yourself small treats. You don’t want to set too harsh a budget – this will only cause you to give up.

Step 6: Savings and Emergencies

a)    Here are some tips for savings:
a.    Saving funds are important, try cutting from your ‘wants’ before cutting from your ‘savings and emergencies’ budget.
b.    Consider emergencies and savings as part of your ‘needs’ budget.
c.    An automated suggestion would be to have payroll deductions deposited into a savings account.

Sources:
How to handle your debt load - Manage Debt Step by Step (http://moneycentral.msn.com/articles/smartbuy/debt/contents.asp)


1/31/2013

Financial Freedom in 7 Baby Steps!

According to the wise and wonderful Dave Ramsey you should begin your "Financial Freedom" journey with Baby Steps...

In his "Baby Steps" post, Mr Ramsey has us review 7 steps:

Baby Step 1:  $1,000 to start an Emergency Fund

Baby Step 2: Pay off all debt using the Debt Snowball

Baby Step 3: 3 to 6 months of expenses in savings

Baby Step 4: Invest 15% of household income into Roth IRAs and pre-tax retirement

Baby Step 5: College funding for children

Baby Step 6: Pay off home early

Baby Step 7: Build wealth and give!

To learn more, visit: http://www.daveramsey.com/new/baby-steps/

6/14/2012

How the LOA Saved our Dog! :)

Here's the scoop, in the recent past I haven't really been living the LOA (Law of Attraction) simply because I allowed myself to succumb all of my mind-chatter and its stories.
They're very convincing, you know?! lol...

However... in the more recent past, like this past week - I was like (in my head), OK that's enough! What you're telling me isn't making me feel any better and everything around me is screaming negativity! So my choices were either a) continue digging in this hole, which obviously wasn't leading anywhere; or b) just stop digging and re-orient myself.

As some people know, I don't always put my words into actions right away again cause I allow myself to procrastinate and mongol over things sometimes for too long.

This week however I just stopped. I didn't think about it, I just stopped.

So what's been going on... hummm... well alot! :)
But first here's a short story:

I've never had a pet growing up, cause we'll ...we just didn't have one. And so I'm not the type of person who felt the need to have pets. ....blah blah blah... fast forward to now...

I have 4 wonderful grown-up children and we've had a dog for the last 8 years! He is part of the family, so I might as well say I have 5 children! wink wink... hey I still have to feed him and clean up after him, so I counts! lol

About a little over a year ago, our dog started this thing above his neck. It's like a big ball (covered in fur) growing beneath his skin, it was hard, however didn't hurt or bother him - it was just there. So, last year at his check-up the vet took a look at it and told us we need to get him operated on, to get it removed, and it was going to cost us over $1000.  

Discussions and decisions needed to be made, and at that time (last year) - we just couldn't do it (pay the $1000) so we opted to do nothing. Besides it wasn't bugging him, it wasn't hurting him (when we touched it), the only indicator that it was there and that something was 'incorrect' was the fact that we could see it - the lump.

Fast forward to ....about 3 weeks ago. Lump is now bleeding a little and kind-of looks like there's a crack / open scar on this "ball" sticking off the top of our dog's neck. So we call the vet and have him brought in for a check-up, again.

Again the vet reminds us that they told us a year ago that this needed to come out... ya ya ya I know, heck if I had money growing on trees, it would of got done a year ago! So in my head - I'm focusing on the lack of money. Anyways, vet checks the dog tells us again the same story... and we have him booked for the end of the month. In the meantime, she prescribes him some steroids and antibiotics. And schedules a follow-up visit in 10 days.

So the 10 days later comes around (yesterday) and my hubby goes in with the dog to see the vet. She again proceeds to tell him that we need to move ahead with the surgery...blah blah blah. So she checks the dog, and decides to shave around this 'lump' to get a clearer view.

** Warning gross part here: during these 10 days, the opening that the blood originated from cracked open even further and was now really visible. During this time, stuff was gushing out at times where we needed to wipe him down. It was also emitting a smell... and it wasn't purtty! ;) **

Once she was done checking him, she (the vet) left the room to go fill out some paper work. My hubby then proceeded to tell me that the dog's lump-thing was bleeding a little so decided to wipe it clean, and that's when the dog started doggy-shaking (like he was trying to get something off of himself) and ...ended-up shaking the gunk that was filling this 'lump' out!

Yes, he (the dog) rejected this stuff out of himself, and plop out it flew! Yikes, and ...yuck! Glad I wasn't there to see this, that's a blessing in disguise! :)

So my hubby calls the vet back in to explain what just happened. And she proceeds (in awe!) to acknowledge that never in her 30 year career has she ever seen or heard of this happening!

...The surgery is no longer needed. Can you believe that?!

Now we just need to keep the area that has this hole clean and covered till he can get back in to get it stitched-up! Yes you heard me correctly - the whole thing got naturally resolved!! Yay, I love the Universe!! Thank you, Thank you, Thank you!!

So what does this all mean - what was the moral of this / my story?

For me, this meant - STOP worrying about stuff you can't do anything about and allow nature to do its job! Don't keep wondering about the how this? how that? what about this? what about that?... and to just ...allow life.

Become a spectator in your own life - and enjoy the ride!  :)

I was focusing on the wrong things, giving power to the wrong areas of my life.
Once I shifted, and STOPPED believing my stories, things changed - I changed.

"If you don't like something change it, if you can't change it, change the way you think about it." ~ Maya Angelou

4/25/2011

Myers-Briggs - What's Your Type?

Most people, at some point or another, reach a point where they're unsure as to what line-of-work / career path they should pursue. Now-a-days there are various tests, quizzes, heck probably blood-type indicators that will help direct you in some manner... either way choosing a line-of-work / career path isn't something you need to set in stone. Like most other activities (example: sports; fitness program; hobby classes; etc...) it's a "try it out and see if you like it" dabble - although with some career path requiring education first-hand, some of these 'dabbles' might be a little-costly if it turns out that this isn't something you 'see yourself doing' for an extended period of time... hence why a majority of individuals choose to attempt some form of 'testing' to see if their instincts are in-sync with some of the testing results.

And this is where the Myers-Briggs Type Indicator (MBTI) assessment comes in to play.
According to Wikipedia:

"As the MBTI Manual states, the indicator "is designed to implement a theory; therefore the theory must be understood to understand the MBTI".
Fundamental to the Myers-Briggs Type Indicator is the theory of psychological type as originally developed by Carl Jung. Jung proposed the existence of two dichotomous pairs of cognitive functions:
  • The "rational" (judging) functions: thinking and feeling
  • The "irrational" (perceiving) functions: sensing and intuition
Jung went on to suggest that these functions are expressed in either an introverted or extraverted form. From Jung's original concepts, Briggs and Myers developed their own theory of psychological type, described below, on which the MBTI is based."

MBTI has a grouping of four opposite pairs, or dichotomies (as some call them), with each of these four groupings providing four dichotomies within each, thus resulting with 16 possible psychological types. Typically

Dichotomies 
Extraversion (E) - (I) Introversion 
   Sensing (S) - (N) Intuition 
Thinking (T) - (F) Feeling 
    Judgment (J) - (P) Perception
"Note that the terms used for each dichotomy have specific technical meanings relating to the MBTI which differ from their everyday usage. For example, people who prefer judgment over perception are not necessarily more judgmental or less perceptive. Nor does the MBTI instrument measure aptitude; it simply indicates for one preference over another.[17]:3 Someone reporting a high score for extraversion over introversion cannot be correctly described as more extraverted: they simply have a clear preference." 
"According to Myers and Briggs, people use all four cognitive functions. However, one function is generally used in a more conscious and confident way. This dominant function is supported by the secondary (auxiliary) function, and to a lesser degree the tertiary function. The fourth and least conscious function is always the opposite of the dominant function. Myers called this inferior function the shadow.
The four functions operate in conjunction with the attitudes (extraversion and introversion). Each function is used in either an extraverted or introverted way. A person whose dominant function is extraverted intuition, for example, uses intuition very differently from someone whose dominant function is introverted intuition."
The Sixteen Types are as follows:
ISTJ
ISFJ
INFJ
INTJ
ISTP
ISFP
INFP
INTP
ESTP
ESFP
ENFP
ENTP
ESTJ
ESFJ
ENFJ
ENTJ

Variations on existing testing methods and/or enhancement to already existing testings are continuously popping-up and keep evolving.

To learn more about Myers-Briggs Type Indicator (MBTI) visit Wikipedia's page of references:
http://en.wikipedia.org/wiki/Myers-Briggs_Type_Indicator or visit The Myers & Briggs Foundation website:
http://www.myersbriggs.org/.

Here are some web-links where (it seems like) FREE testing is available - however it is always recommended that you seek the assistance of trained professionals when you are ready to pursue this testing seriously.
But in the meantime, if you're looking just for fun - try these out - they're not full-fledge 'real' testing but it'll give you an overall general idea of what you could expect:

Personality Pathways: Myers Briggs Code Cryptic
HumanMetrics: Jung Typology Test (1)Jung Typology Test (2)
Team Technology: Myers Briggs Personality Type
Sonja Elen Kisa: Personality Test

3/05/2011

How Selfish Are You?

Just read another of Steve Pavlina's blog - man does this guy know how to write! I totally connect with the majority of his viewpoints. His advice is always to direct - and should be! Thanks Steve for your continuous sharing! My personal growth has flourished since I first found you online late 2008; and was also lucky enough to have grasp some alone time to enjoy your in-dept reading of Personal Development for SMART PEOPLE in 2009. Still to this day I'm learning...


How Selfish Are You?

by Steve Pavlina (posted June 6, 2005)

Several readers have informed me they’re experiencing tremendous difficulty with the issue of selfishness vs. selflessness. Deep down they want to live lives of greater service to others (STO), but they note that their current lives are designed almost entirely around service to self (STS). This in turn often leads to feelings of guilt, but usually the guilt isn’t enough to spur action.

There are abundant belief systems which set STS and STO in conflict with each other, usually favoring one over the other.

First there’s the STO-favoring side. Serving others requires the “death of the self.” The ego is seen as something which must be transcended. In order to become enlightened, one must sacrifice one’s own needs to serve the greater good. Many societies hold people who seem to fit this model in high esteem.

On the other hand, we have the STS side. People are inherently selfish and cannot be expected to act against their own self interest. Selfishness is rooted in our biology, even encoded into our genes. We’re ultimately Pavlovian stimulus-response machines driven by pleasure and pain. Those who seem to serve the greater good only do so because on some level it gives them pleasure, or they’d feel pain if they didn’t.

I think both viewpoints are dysfunctional. They assume STS and STO are in conflict. But are they really?


Where does STS ultimately lead?

What would happen if you were to fully embrace the STS path and take it as far as you possibly could? What would be the most selfish life you could possible imagine? What’s the greatest pleasure you can think of?
Would you become like Hitler and want to conquer the world and put everyone and everything under your control? Ok, so imagine you’ve just become the supreme leader of the planet. Then what? What would you do with all that power? If you didn’t have to keep struggling to maintain it, you’d probably get bored after a while.

For many people the STS path is rooted in fear. The more money, control, and power you achieve, the more fearful you become of losing it. The pursuit of greater power is endless. Your situation is never totally secure.
But what if you could somehow master this path and achieve total, absolute security? What would you do then? What would you do if you had no fear?

Perhaps you’d want to contribute something… make some kind of difference… leave a legacy. If fear and security ceased to motivate you, then what would step in to take its place?

I think the pursuit of STS, if you think it through far enough and imagine yourself succeeding at every step, will eventually lead you to some form of STO.


Where does STO ultimately lead?

But what if you start from STO? What if you put others entirely above yourself? What if you aspire to make the greatest possible contribution you can, whatever the cost to you personally? Where will that lead you?
Imagine you succeed massively at serving others. You’ve cured every known disease, rebalanced the ecosystem, ended poverty and suffering, and maxed out everyone’s self-esteem. You’ve solved all the problems of humanity. No one even needs your help anymore.

What will you do then? Enjoy it? Work on yourself for a while? Won’t this eventually lead you back to STS?


Synergy between STS and STO

Now I’m well aware that you’re not going to be able to max out the STS or the STO path within the span of a human lifetime. There will always be more to do on either side. But this line of thinking got me curious — if maxing out one side leads you back around to the other side, then what does that mean?

To me this indicated that STS and STO both lie on the same path. When you travel to the end of one, you hit the beginning of the other. Perhaps STS and STO are far more twisted together, like a giant Mobius strip.
Biologically this made sense to me. In order for humans to survive, STS and STO must be in balance. If we became totally STS but not STO, we wouldn’t care for our young (among other problems), and we’d eventually die off. If we became totally STO but not STS, we’d fail to take care of our basic needs and would probably die from neglecting our health.

In order to be optimally STS, you must be at least partially STO. And in order to be optimally STO, you must be at least partially STS. Sometimes being selfish is the most selfless thing you can do, and vice versa.
If you want to serve the greater good, you have to serve your own needs. You have to take care of your health, your financial needs, your education, etc.

If you want to serve your own interests, you need to support the community around you which will help you succeed. At the very least you may do this financially, by buying products and services from other people.


Diagnosing congruency problems

STS and STO must remain in balance. It isn’t a matter of choosing one path over the other. You need both.
But what about situations when they’re in conflict? Certainly I don’t deny such situations exist. But rather than spending lots of time trying to figure out when to choose STS and when to choose STO, I suggest trying to work on your life path itself to bring STS and STO into greater harmony.

For example, suppose you’re in a situation where your job is almost entirely STS. You do it for the money or for other perks or for a feeling of security, but your work doesn’t serve the greater good in any meaningful way. Suppose your company manufactures junk food, the kinds of products that are only going to harm people’s health in the long run. But your company (and you) get paid to do it.

Then in your off time, you do volunteer work, spend lots of time with your family, and so on. In your personal life you try to be a lot more STO.

STS and STO are in conflict. They’re not in balance.

How many companies do you know like this? The work they do is almost entirely STS, serving the needs of the company and its investors, but then they also dabble in community service projects and slap a cutesy mission statement over the whole thing. Internally they’re driven by one set of values (mostly greed), while externally they project a different set of values (mostly service).

This is pure schizophrenia.

If you find yourself in a situation like this, you can start by getting clear about where you’re overly STS and where you’re overly STO. Where are you being driven too much by self-interest and damaging others in the process? And where are you sacrificing too much and hurting yourself?


No cheating

When many people find themselves in an unbalanced situation, they try to cheat.

They attempt to redefine STS or STO to fit their current situation. For example, a greed-driven corporation may try to come up with a cutesy mission statement that casts an STO light on its business goals. But no one buys it. It’s nothing but a whitewash and has no real power to motivate people. Most of the corporate mission statements I’ve seen from Fortune 500 companies fall into this pattern. They’re written with such fuzzy, imprecise language so as to say nothing of substance. I’d give them more credit if their mission statements began with, “Our mission is to make our investors filthy rich and to squash our competition.” I think that would be a more accurate statement of purpose than what makes it through the PR filter.

What happens to individuals who find themselves in an overly STS situation is that they try to rationalize some STO components. They try to find the good in what they do. Hey, at least I’m paying my taxes. If I don’t do this job, then someone else will. I’m just being a good provider.

Don’t lie to yourself. You know the truth.


Finding the path where STS and STO are congruent

It’s not easy to find a path where STS and STO are congruent. But it is possible. On such a path, greed and service are both pointing you in the same direction. While you’ll still need to manage minor conflicts between them, the big picture is balanced. You’ll be able to see that pursuing STS and STO will take you down the same path.

What is the greediest path you can take? I think if you answer this question deeply enough, you’ll find that it’s also a path filled with service. What is the path of greatest service? Is it not also a path marked by great pleasure?

I hit the incongruency wall as I built up my games business. Parts of my work were STS (like sales and marketing). Other parts were STO (like writing free articles and coaching other developers). But each part seemed to be separate. I’d usually either be doing STS work or STO work. I’d even try to balance my time between the two of them.

After several years of that, I began seeing that this manner of living was nuts. So I opted to define a new way of working where I could spend the majority of my time doing work that is both STS and STO.
The greediest thing I do for myself is to work on my own personal growth. Growth is my driving force, my greatest STS.

The most service oriented work I do is to help others grow. If I can give someone a perspective shift or teach them a new skill, it has the potential to change them for life. And then they may go out and use it to do more STO work.

Well, it wasn’t hard for me to imagine the kind of work where I could have my cake and eat it too. I realized that there would be tremendous synergy between working on my own growth (greed) and helping others to grow (service). The more I work on my own growth, the greater my capacity for service. And the greater my service, the more it feeds back into my own growth.

This was how I ideally imagined things working, but now that I’m about nine months down this path, I have to say that it’s working.

For example, my decision to write this blog entry is motivated both by STS and STO reasons.
On the STO side, hopefully this blog entry will benefit someone who reads it. It might have no effect, or it might help a lot of people. Also, this blog entry will help generate more traffic to this site, which will hopefully benefit even more people. And there’s tons of free content here now, so it’s very accessible to a wide audience. I have no doubt that this web site is doing people some good. Every week I get feedback to that effect. Many readers have told me about multiple shifts they’ve experienced and how dramatically their results have improved.

Then there’s the STS side. Writing this blog entry helps me clarify my own ideas. It will generate feedback that will help me see what I’ve written from other perspectives. People may poke holes in some of it. This may in turn help me to re-evaluate my own thinking, which means that I’ll grow. The ideas from this blog post may also end up in a future book, speech, or seminar, which means that people who read it today are helping me beta-test these ideas. Also, each new blog post helps generate more traffic, which means more ad clicks (immediate revenue) and more newsletter sign-ups and RSS subscribers. That means a bigger audience to buy info products down the road — books, audio programs, seminars. It also means more people who might hire me as a speaker or who might attend a seminar of mine 5-10 years from now. And that ultimately means more income, which means that new growth experiences become accessible to me. New growth experiences for me means more ideas I can share with others, which feeds back into STO.

So what I do is driven both by greed and service. To me they’re the same thing. Serving others is being greedy.


Ongoing conflict resolution

Whenever I encounter conflict between STS and STO, I look at the big picture. I try to figure out why the conflict is occurring and engineer it out of existence. It’s not easy, but I feel that the more I do this, the more harmonious my life becomes.

For example, what if some mega-corporation offered to pay me an insane amount of money to give a motivational speech to their sales staff? And suppose this corporation’s purpose is totally incongruent with my values, so by helping their salespeople to sell more, I’d be contributing to a greater problem. Maybe the company has a hideous environmental record. This seems like a conflict between STS and STO. Do I take the money and give the best speech I can? Do I take the money and give the salespeople bad advice that will do them more harm than good? Do I decline the offer?

Given my values this kind of situation is one that could very well occur (although the above example is a bit exaggerated). I have no interest in helping companies make money in a destructive manner, regardless of pay. But at the same time, I do want to help the people who work at such companies, and corporations hire enormous numbers of speakers each year, so it isn’t a market I want to write off entirely.

My decision was to focus on the kinds of speech topics that would allow me to still speak for certain corporations without compromising my values. I won’t speak on business-growth topics like sales or marketing to corporations which I’d rather not see grow. But I am open to speaking to their people about topics like living consciously, the kinds of topics that could plant the seed for change. That may seriously reduce the number of people who’d be willing to hire me as a speaker, but the extra money is not worth the damage to my integrity.

When you work on a task where STS and STO are both aligned, motivation skyrockets. Having worked like this for nine months now, I’m simply not willing to lose one side or the other.

There’s a good chance you find yourself in a situation where STS and STO are in conflict. Maybe it’s your work, your relationship, or your family. Take some time to think about how you could set these two powerful forces in harmony. Instead of having them work against each other, set them both after the same goal. Allow your greed to fuel your service and your service to fuel your greed. Accept and integrate both the selfish and the selfless parts of you. Learn to use both the dark and the light sides of your nature.

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