Personal Finance

2016 Was The Greatest Year Of My Life

The other day I told you about one of my biggest ragrets. Missed it? It's here.

Today, a week into the new year I wanted to recap 2016 for me.

I've seen so many people complaining about 2016 being the worst. And they can't wait for 2016 to be over.

From my perspective, to blame a year for something negates any positives that happened to you or by you. And to throw that much shade on a year, to not acknowledge the good, what you're proud of or grateful for, in my book... is setting yourself up to make next year even worse. You're going to get more of the same.

So in being some what hypocritical I'm going to say 2016 was the GREATEST YEAR OF MY ENTIRE LIFE.

Here's why:

1. I documented a HUGE CHECK of it. I made over 130 videos of our life and business. It makes memories easier to remember.

2. I dropped over 30 lbs. I went from 200ish to 167ish.

3. Because of #2, I sleep better and no longer have chronic shoulder injury.

4. In relation to my last email (the one below) I started running and ran my first 5K with Katherine on Thanksgiving day. She also started running this year. Neither of us were "runners" before this year.

In fact, when I committed to getting into shape in April/Mayish of this year, I could barely walk a mile at a brisk pace without getting shin-splits.

5. We paid off a mortgage and now own a property FREE & CLEAR. This is an incredible feeling. It was a huge goal. A huge accomplishment. And does so many things for us emotionally and financially.

I'd love to hear why 2016 was awesome for you. Contact me and let me know.

If however you hated 2016 and you can't find any good in it, don't bother emailing my back. Just put that up on Facebook. I think that's the appropriate place for it. ;)

Happy New Year! Darin Persinger

PS: By the way, you don't NEED to be negative or complain on Facebook. Look at my wall. You'd have to go back over 2 years probably to find anything negative.

The world doesn't need more negativity. And do you know the worst thing about posting or sharing something negative on Facebook?

It's permanent. It's like a tattoo. It's not just a thought or even something you said out loud.

That negativity is now documented and stays in the world forever.

“I think when I look out and I see there’s so much negativity in the world and a lot of people are unhappy and a lot people are anxious, it just feels like that’s one view of the world. But you don’t have to always focus on that view of the world.” 
— - Chris Hardwick

Stacking The Scale

Watch just the first 20 seconds of the video below. It will either benefit you directly, or someone you know, I promise... It might be the thing that tips the scale.

I believe getting started, getting motivated, comes from a stacking of things, not one thing.

It's easy to point to the ONE THING, that tips the scale, because it's the thing that tipped the scale.

It's the last thing on your mind, that you remember easily and the thing that "did the trick". The thing that put everything in to motion.

Gary Keller, the c0-founder of Keller Williams Realty, and author of books like Millionaire Real Estate Agent andThe One Thing calls this your Big Why.

Gary Keller says this about a Big Why,

"A Big Why is about having a purpose, a mission, or a need, that in turn gives you focus."

Or Micheal Gerber, the author of the book for business owners called " The E-Myth" calls it your Primary Aim.

When it came to losing weight and getting in better shape, the things that I stacked on the scale to tip motivation in the right direction was: having a healthy shoulder again, sleeping better, feeling better, being able to fit into my clothes again, increase in energy, being able to play with Morgan now, and later.

These and a few other things started my motivation. But, it's easy to get motivated. It's harder to stay motivated. That's why you need to keep stacking.

See, last October I finally went to a physical therapist for my shoulder that had been bothering me for over a year.

Long story short, she was concerned with the amount of scar tissue my shoulders, back and neck had (pretty sure it's via wakeboarding). Her second concern was my weight. She said we could try to relieve the pain, but if I don't lose some fat and add some muscle, this chronic pain will be forever and only get worse as I get older.

(Not Katherine's fault... I had gained about 40 lbs since we first met.)

My desire to lose some weight or get more fit is not for vanity.

58 is only 20 years away for me. Morgan will only be 21ish. If my body keeps falling apart at the same rate from 18 to 38 on my way to 58 - it will not be good.

After some half-committed effort I came home a few months ago after an AHA moment (another thing to stack on the scale) and told Kat that my health had to be the priority. Since then I'm down about 30 pounds. No specific, crazy diet that I can't stick too. Just eating healthier and really watching portions. Doing a bit of activity, not enough, but not too much to reinjure my shoulder and way more than I was.

The weight loss is slowing down a bit, but this video by Mike Vacanti, an online fitness coach, really re-inspires me. I hope it will inspire you or someone you know and that motivation is found.

It's called Why Fitness Actually  Matters.

Finding and consuming content like this stacks the motivation scale for me to keep me motivated and moving in the right direction.

Do You Have More Or Less Home Equity Than The Typical American?

Buying and owning real estate is one of the main ways of creating wealth in the US. And just like your 401K or your IRA, the sooner you start, the better off you are.

The sooner you buy your home, the quicker you are paying down the principle, letting appreciation do its job and building equity in your home.

Your home may be your castle, but it's also the single largest component of your net worth. Last year, the U.S. Census Department took its most recent look at how much equity people have in their homes by age. The findings, which are based on 2011 data, offer valuable insight that may help you judge whether or not you're on the right track financially.

Read the full article at: The Typical American Has This Much In Home Equity -- How About You?

Productivity Tip From Jack Reacher

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for ya today... from In the film Jack , title character played be , he is having with another character who uses the word "Someday".

Jack Reacher responds,

"Someday. That’s a dangerous word. It’s really just a code for ‘never’."

What are you putting off until "someday"?

Stay Productive Keep Focused Be Consistent

- Darin Persinger

Your Vision Is Too Short To Get On This Ride

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Remember yesterday? You and I talked about why smart people are dumb with their money.

Today, I wanna stay on the some line of thinking...

Check this out...

The Vital Smarts Team says this about short term vs long term vision:

"Often humans react to their immediate environment as if they were on autopilot. They don't pause to consider how their immediate choices reflect their ideals, values or moral codes. The connections between their actions and personal standards are rarely "top of mind."

This means that when we make horrific and costly mistakes, more often than not we're not purposely choosing bad things. It's almost as if we're not choosing at all. It's the lack of thought, not the presence of thought, that enables our bad behavior.

Under stress, when our emotions kick in, our time horizons become even shorter, and we give less weight to our abstract values.

When facing the harsh demands of the moment, instead of action on our values and principles, we react to our emotions by shortening our vision and focusing on detail. We act against our own values in a way that we yourself would otherwise abhor.

If only we step away from the moment and take a look at the big picture."

Action Item For You...

... Slow down right now... ... Reflect... ... Ask yourself "What is important to me?" ... If it will help, find me on twitter @darinperisnger and share it.

  • Stay Productive
  • Keep Focused
  • Be Consistent

-- Darin Persinger

Why Are Smart People Dumb With Money

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Smart People... Dumb With Money

There is a experiment that goes like this...

People are asked...

"Would you rather have $100 a year from now or $101 a year plus 1 day from now?"

The vast majority of the people say $101. You've waited a year... what's 1 more day, plus you get the extra $1, right?

But then... when asked....

"Would you rather have $100 today or $101 tomorrow?"

The vast majority of people change their mindset and decision making and respond with "The $100 today."

Why is that?

What is going on here?

Why can people understand that when presented with a year out, we have a clear mindset about what the right thing to do is....

But when presented with NOW... with TODAY... with the PRESENT... our brains short-circuit and we want the immediate gratification.

I'm not a Behavioral Economist or a Pyschologist so I can't really give you a good answer...

I'm just observing and sharing.

But what I can tell you... people do the same thing with time.

IE - Business Plans and Goal Setting Worksheets look great. You know what you should do.... why you need to do it...

But then tomorrow comes and focus on what is right in front of us... instead of doing what we should be doing to bring us the results we desire a year from now.

Humans are a tricky little bunch, ain't they?

I personally think the trick is to slow down, reflect and review... You know the right answer, when it's presented to you in the future...

You just fail when you are only thinking about today and this moment.

It's short-sighted.

Don't be with your ... or your time. See Further. Think Bigger.

To help make smarter decisions about money... find a good financial advisor... I'm meeting with mine later today.

-- Darin Persinger P.S. See Further, Think Bigger.

In today's "instant gratification", "microwave", "gimme gimme world", it's easy to be short-sighted, think small and only about today... But the future is coming and is waiting. For the future to be yours, you'll have to see further than today and think BIGGER than now.

3 Ways Fear Of Money Manifests Itself - Productivity Nugget #190

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Buffalo Nickel

That’s where the comes from—from your uninvestigated thoughts. ~ Byron Katie

Yesterday I asked you, "Are you afraid of money?"

The more I observe and failure, the more it confirms my belief that it all starts with mindset.

Not just knowing the How To's or What To Do's or Goal Setting or Planning...

But getting your mind right with who you are, where you are and where you want to go.

I see many smart, capable, driven people that are not succeeding in business.

Why?

is a big part of the . Its not the only thing, but its pretty damn important thing. Without profit you can't stay in business. If you are not in business, you didn't have a successful business. Even a Non-Profit has to generate more donations than expenses to keep doing good for the community and world.

Creating, having and keeping a profit starts with peoples relationship with . And the reason why, I believe I see so many smart, capable, driven people that are not succeeding in business, is they don't have a good relationship with money.

In this Productivity Nugget I share 3 ways Fear of Money Manifests Itself

Do You Have A Fear of Money?

Did one of these ideas that I shared in the video resonate with you?

Or is it something else for you?

"Most of us, when asked, regardless of how much money we actually have, feel afraid. If you spend a lifetime pushing your fears away, I can promise you that ultimately you're pushing money away as well." - Suze Orman