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Showing posts from March, 2021

This One Easy Strategy Will Lead to Better Decisions - Shaun Stenning

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Decisions… decisions… decisions. Every day, we are given the opportunity to make choices, from what to eat for breakfast to whether or not to accept a job offer. Yet sometimes making a decision feels more like a burden than a gift. Do you struggle with decision-making? According to Shaun Stenning , If so, the "try-on-the-alternatives" strategy might help. At its most basic level, this technique involves pretending you've chosen Option A, and then observing how you feel. Are you calm? Anxious? Proud? Energized? Or maybe sad? Do the same with Option B and even Options C and D if they're in the mix. Your gut reaction may send a strong signal about which option is best for you. Try on the alternatives and put them side-by-side. Make a List Comparing your options may take the form of making a list of the pros and cons of each alternative, knowing that each item — regardless if they fall on the "pro" or "con" side of the ledger — is not equally weighted....

How To Save Money When Buying Essential Items - Shaun Stenning

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Saving money all starts from knowing what you want and what you need. Your “wants” may just be non-essential things that you can do without — so NOT buying them would be the best way to save money. “However, when it comes to your “needs” – buying the cheapest available is not always the best solution. Below are some tips on how you can save money when it comes to your necessities.” Shaun Stenning said. I hope you find these practical and useful. A lot of them are just common sense, but they’re nevertheless important to consider before you purchase anything. Ask your friends first Do you need an umbrella? Before you go out and buy one, ask your friends first if they have a spare at home that you can have. After all, this item is a favorite company giveaway- and if you’re not too “fashion-conscious” you’ll most likely be able to get one for free. Or offer to buy it Of course, not everything can be given for free. If it’s a valuable item, then offer to buy it at a fair price. Not only w...

Tips for Talking to Kids About Family Finances - Shaun Stenning

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Discussing family finances doesn’t mean you need to share the specifics of what you earn, save, and spend. Rather, it means utilizing your money management system as a framework to teach your kids how to make financial decisions with the money they are given or have earned. You can: Here are some tips that will help you and your kids talk about family finances. 1. Begin discussions now. According to Shaun Stenning , “Planting the seeds of financial awareness early pays off. Kids are more likely to adhere to their budget and respect yours.” 2. Explain your family’s goals and priorities. Examples are paying yourself first, contributing to a retirement account, purchasing stocks, and saving up for a special purchase or vacation. ​3. Talk to your kids at their age level. Use a puzzle “pie.” Create a large circle on the paper. Create a second one and cut it into wedges. Color (or use construction paper) and label (use clip art or stickers for younger kids) the wedges to represent categories...

Places to Hang Out and Build Your Business - Shaun Stenning

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Everyone’s heard the cliché that you’re the average of the five people you see most. While I haven’t come across any scientific proof of this, common sense says that if you spend time around successful people, you’ll learn some valuable things from them. “The people you associate with definitely determine your level of expectations of yourself,” says Shaun Stenning , A Serial Entrepreneur How do you meet the kind of entrepreneurs, investors, and mentors who will inspire you to raise your game? You’ve got to make the most of the time you put into networking Here are some ideas on where to spend some time building your brain trust. Join Your Local Tech Meetup “I think it’s generally useful for any major city,” says Shaun Stenning, a serial entrepreneur, and investor. That’s the best way to build the network you don’t currently have. Hit Your Local Campus  Even if you bypassed college or it’s been years since you sat in a lecture hall, don’t ignore the resources available at colleges...