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Money Can Buy You Novelty

August 17, 2018 by  
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If you Google “Ignite My Life Now”, you will see “Investing in Real Estate” as part of the headline, so some people might wonder if this blog is about investing in real estate or igniting your life. I certainly believe that investing in real estate and making lots of money does not necessarily  ignite a person’s life, even if real estate investing yields millions and millions of dollars for that person. I clearly remember thinking, when I was young and didn’t have much money, that once I made a million dollars, my world would be perfect and I would be totally satisfied, content, and happy. I imagined that my life would be totally ignited.

However, when I arrived at my first million-dollar net worth goal, I was surprised and disappointed that I didn’t feel much better, so I figured I had to make another million or two, then I would be totally set in the departments of contentment, happiness and fulfillment. I was certain that my world would be pretty much ignited and perfect then. But surprise, surprise … when I arrived at my new goal my life still didn’t seem to be ignited.

I looked deeper and deeper to try to discover what the real key to fulfillment, contentment, and happiness in a person’s life was and whether money could play a part. As it turns out, there is a lot that goes into having a content, fulfilled, and happy life and, yes, money can be a part of that.

We all know that love and loving relationships with other people – a spouse, friends, children and others – lifts the happiness factor as does setting goals and reaching them. It also has been proven that unique and novel experiences can revitalize a person’s mind by boosting a brain chemical called dopamine, which makes you feel so very happy. But, what about money? What part can it play in lifting our contentment and happiness factors?

What I have found is that money by itself does not make a person much happier than when they did not have it. It can, however, buy more possibilities in a person’s world. You see, our brains want novelty and money can give you more time and resources to carefully and creatively design and go after these novel experiences. This is one of the best uses of your money.

I’ll never forget all the totally unique and novel experiences I had when my wife and I went around the world in 28 days, visiting dozens of new and different countries with so many totally different life styles, houses, huge castles, small villages and fascinating people of different cultures, religions and habits. On a smaller scale but also quite stimulating for the mind, is being in places like I am now.

As I write this blog I am sitting in a marvelous,  multi-story “cabin” in beautiful Big Sky, Montana, totally enjoying this very unique and novel place with most of my kids and grandkids. Ok, yes, I’m working, writing this blog as the some of the kids are running about, visiting Yellowstone, looking to go tubing, or taking the chairlift to the top of the mountain. But none of this would be happening if I hadn’t invested in the good ole real estate stuff and make some good money at it.

The big bonus to making money on my investments was that I really did enjoy the work and I got a ton of contentment along the way as I worked through each deal. I even broke a sweat back in the days when I did much of the hard labor to repair and fix houses and apartment buildings in order to increase their value. I’m not saying that I’ve always been perfectly happy and content, but I am saying that money has opened a much wider world for novel and unique experiences that have greatly enhanced and lifted my world.

Self-Interest That Helps the World

August 10, 2018 by  
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Last week I wrote about how giving to others can and does lift your life and brings more happiness, contentment, and even better health and a longer life. It must have motivated me to practice what I was preaching because later I found myself in my car driving to the high school that all my kids attended and going straight to the office where I made a pretty sizable donation. As I walked out of the building, I felt so good and happy in the center of my heart and brain that I headed for another school. I made a couple more donations that day and felt like I was on top of the world.

It’s very interesting that when I make donations, including all those $2 bills that I often give to kids, I always feel that I get much more out of it than the recipient. What a great feeling it gives me! As science has proved, there is a great connection between the brain and the body. This allows us humans to help and improve our entire physical being by what we run through our heads. Giving is one of those things that can set off a lot of good positive feelings in our bodies.

Most of us, when we talk about giving, tend to think primarily in terms of giving money. But there are so many other ways and things to give. With very little effort, I came up with this list of things we can give to others that can be a huge help to those people and, at the same time, can give a lift to our brains, souls, and bodies.

After you read through my list, see what other things you can think of that can be given to others. These gifts can be given to your kids, grand kids, other relatives, and friends as well as strangers. Then let’s all of us push ourselves to give more. Choose as many items on the list as you feel so inclined to give. Yes, we do need to push ourselves to do this especially on days we might be feeling a bit down. But on those down days it can be a great help to lift us up as we lift others.

Okay, let’s work on giving more of some or all of these:

  1. Money $$$
  2. Good Advice
  3. Direction/Coaching
  4. Mentoring
  5. Appreciation
  6. Encouragement
  7. Praise
  8. Complements
  9. Attention
  10. Friendship
  11. Wisdom
  12. Our time
  13. Help
  14. Service
  15. Love

I’m sure I left off many things that we can give to others but at least this is a start. This list has been motivating me to give more of these gifts to others and now my mind pops up with sayings like: “Give, Give, Give and Live, Live, Live. Give a little, live a little, give a lot, and live a lot. Give big and live big”. I know all this may sound kind of selfish, but maybe it’s a good thing that our brains are designed that way, because doesn’t that type of self-interest help the world?

 

More Production Yields a Better Life

August 4, 2018 by  
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In this post, I wanted to expand on Hyrum Smith’s great book, Purposeful Retirement (and yes you should go buy a copy!) He points out that studies show that the earlier you retire, the sooner you die. Having projects that are meaningful when you retire can not only raise your self-esteem and well-being but will also help you to live longer and stronger. So, if you are retired and, like me, have found that you don’t have enough to do and it’s driving you bonkers, or if retirement is in the not-too-distant future, it’s very wise and life enhancing to make a plan for your retirement years.

The key to this plan is to map out and write down the specifics of what you are going to do to truly make a difference in the world. From another great book, The Miracle Morning, the author Hal Elrod says, “you’re not supposed to ‘figure out’ what your purpose is.” Instead, he says, “you get to make it up.” So, it really is up to each of us to decide what we are going to do with the rest of our lives.

After reading this and giving it a lot of thought, I woke up the other morning with a very strong feeling of, “I know what I want my purpose to be.” My words to myself were, “I want to live, live, live, to give, give, give!” and I decided right then that from now on I would try to ask someone every day, “Is there anything I can do to help you?”

Perhaps, in doing this, I’m being a little selfish because I read in Smith’s book that, “through MRI technology we now know that giving activates the same parts of the brain that are stimulated by food and sex. Experiments show evidence that altruism is hardwired in the brain–and it’s pleasurable. Helping others may just be the secret to living a life that is not only happier, but also healthier, wealthier, and more productive and meaningful.” Plus, it helps you live longer. And, hey, I want all of those things!

So, my new resolution is to “produce” a lifestyle of giving that makes the world a better place! And I just figured out a way to make that easier and faster. I would like to volunteer to give free speeches, seminars, and mentoring to anyone who wants it–whether it’s on financial strategies and methods or other self-improvement habits. So, if I can be of service to you individually or to your group, club or organization, please let me know. I do think that “Great Giving produces Great Living.” Hmm. I like that saying even though I am just quoting myself. But who knows, maybe it will go viral and I’ll be famous … ho ho ho!

To contact me, you can leave a comment on this post (look for the “leave a comment” link at the top of the blog. If you don’t see the link click the header of the blog post to get to the blog post specific page and it should be there.) Or, if you get this by email, just respond to the email. I’m looking forward to hearing, and helping, you.