Time value of money is taught in every finance class. Rich people understand this very well because their money earns money for them over time. However, despite the title of the post, I want to actually address another topic “money value of time.” Certainly, you’ve heard statements such as “it’s not worth your time to …” Well, how valuable is your time if we use dollars as the unit of measure of value? Should you spend endless hours to save 10% on your new purchase? Should you clean your yard …

“A wise man makes his own decisions, an ignorant one follows the public opinion.” ~ Chinese Proverb
What could be so hard about making decisions? I hope you are one of those rare people who are able to make quick and sound decisions all the time. This ability, I believe, is almost as unique as having a gift for playing a musical instrument or one for creating sculptures.
The rest of us struggle with making decisions for many reasons. We are afraid we might hurt others. We think too much about every …

While working on the house over the past weekend, I remembered my childhood. I was around 11 years old. My father and I were building a house together. We had already built the foundation and were working on the walls. He was the master building the walls and I was the helper mixing cement and giving him stones and anything else he needed. In those days, we had tools that were made to sell but not to last. The hammer looked very nice but after a few nails, the head …

Understanding the type of change is critical for determining how to execute the change. You can look at everything as a form of change. As I type this post, I’m changing the World Wide Web (albeit in a minor way), I’m possibly impacting the thinking of a reader (or at least I hope I am) and the reader may subsequently take actions that positively impact others. Is your new project going to change the world? Is your product going to put your competition out of business or is it going …

I want to start writing some general thoughts about people, an incredibly difficult task given that everyone is different yet we are all basically the same. Let me start by saying that we need many good relationships with others for healthy living; and at the very basic core of every healthy relationship is trust between two people. Without trust, relationships cannot be more than transactional (and even then at least some trust must exist to be willing to transact). If you think this is very basic information, then perhaps you …