We hear a lot of about inflation and how it gradually lowers the purchasing power of our present-day dollars. There was an occurrence a few weeks ago that illustrated this principle to me quite clearly.
I worked with a gentleman many years ago (Let's call him John). Every time I think of him, I am reminded of the lesson that I learned from him - that no matter how bad things may be, I must always be my best self, no matter what. In what become a highly teachable moment, he became the man that lost two jobs.
Essentially, the nature of office politics and the desire for upward mobility will challenge most relationships in the workplace. This begs the question, what is the upside to having work relationships?
With the world progressing at such a rapid pace, there is great focus on what skills are needed for the future. While articles and experts focus largely on technology-based skills, there is a non-technological skill always finds it way on the list - skill of adaptability.
...while my broken earphones may have been a relatively small loss, they presented me with a great life lesson and a powerful teachable moment...
This statement, first said by Collins in 1994, was initially an encouragement to women to reject the patriarchal idea that men were the key to their financial stability and success. More recently, Hobson, having had this statement as a personal mantra, uses it as a call to action to all persons to take full responsibility for their lives and decisions and in particular, their financial health.
The concept of social capital has become prevalent in recent times as experts in business, psychology and sociology seek to study and measure its value to individuals and groups in various situations.
While the events of 2020 created financial nightmares for many and underscored the universal need for better financial literacy and improved personal financial management; many persons still came out of 2020 as winners....These people, it appears, were not only financially prepared for the economic fallout caused by the pandemic, but were also prepared for the opportunities provided as well.
As it turns out, many successful people, regardless of their evidential giftedness and hard work, felt that they were largely lucky and undeserving of their achievements. As many of them stated, they were waiting to be exposed by the world as frauds who were just lucky. What these persons were suffering from was the Imposter Syndrome. Just like them, you’ve likely felt like an imposter at some point.
One of my early lessons about money and impulse purchases (making unplanned purchases in the spur of the moment) came from a 5-page comic book story starring Archie and Jughead.