A SIMPLE LESSON IN FINANCE: WHY INVESTING INVIGORATES AND DEBT DEVASTATES YOUR FINANCES

Here’s a simple lesson in finance for those who might need it: Investing money substantially increases your finances overall while carrying debt does much worse than the opposite. And the difference is astounding.

A simple common expression used to demonstrate how investments grow over time is called “the rule of 72.” The average interest rate expressed as a whole number times the number of years required to double an initial investment equals 72. Let’s take a look at how this simple rule can impact your finances. Let’s start with investing first.

Imagine you invested $10,000 earning 8% interest (8% is a reasonable figure given that the long-term average earned in the stock market has historically been about 7.5% – it has been much higher in recent years but at some point it could revert back to its long-term average). This means, using the rule of 72, that your $10,000 initial investment will become $20,000 in 9 years (8 x 9 = 72), $40,000 in 18 years, $80,000 in 27 years, and $160,000 in 36 years. And that is all from just making a single, one-time, initial investment of $10,000 at the beginning. I want you all to stop and think about that for a moment: Your $10,000 grew to $160,000 by doing nothing else. This is how compound interest works and how you make your money work for you – instead of against you.

Most people will do much better than the above because they will continue adding to their investments over time – and as long as they do not remove money from their investment (a mistake many people make by the way), then the power of compound interest will continue working in their favor.

The above example also illustrates why starting saving and investing at an early age is very important. And if you want to learn how to how to invest well and create a brighter future with minimal effort, please read this: https://brighterdayslifecoaching.com/how-to-invest-well-and-create-a-brighter-future-with-minimal-effort/

Now, let’s take a look at the opposite side of things to see how debt can devastate your finances. Imagine you had the same $10,000 as credit card debt at a 24% interest rate (24% is a little high by today’s standards – credit card rates presently average about 21% – but are higher for people with lower credit scores) but using 24% simplifies calculations and makes it much easier to compare both sides of the story between investing and debt.

Using the above figures mean, using the same rule of 72, that for your $10,000 in initial debt, you will end up paying $20,000 in 3 years (24 x 3 = 72), $40,000 in 6 years, $80,000 in 9 years, $160,000 in 12 years, $320,000 in 15 years, and $640,000 in 18 years if you didn’t make any payments at all (Note: this is not realistic since most people make at least the minimum payments – which largely reflect the payments on interest only – I’m just trying to demonstrate how much more quickly and deeply debt impacts your finances as compared to investing your money). And that is all just from having an initial debt of $10,000. I want you all to stop and give this some serious thought: Your $10,000 of initial debt grew to $640,000 in only 18 years. This is how debt can quickly, deeply, and easily devastate your finances.

Most people would do much worse than the above because they won’t stop at the initial debt – but will continue adding to their debts over time up until reaching their credit limits – which means the power of compound interest continues working against them.

Let’s now compare the two: In 18 years, your $10,000 investment grew to $40,000 but your $10,000 in debt became $640,000 over the same period of time. This illustrates why so many people get so far behind in their finances, and the simple but very important lesson in finance is this: Make your money work for you over the longer term instead of working against you by living with a strong sense of financial discipline – eliminating debt and investing your money instead. I have no objection to people having credit cards and such to help build up their credit scores and such but get into the practice of paying them off every month so you don’t have to pay interest or fees. If you do this and invest in your future, then you will create a brighter future for yourself and others in your life for the years and decades to come. So, do this if you can.

Again, the above isn’t truly accurate on the debt side of things because it reflects the overall impact if you made no payments at all – I have not factored in the fact that when you make the minimum payments on credit card debt, you are usually paying the interest. So, the interest portion of that debt isn’t working against you the way the much larger debt portion is. However, the interest only payments tend to be quite large (and provide no benefit since they typically pay little to nothing down on the debt portion) and, between that and the debt overall, it would still have a devastating effect on your finances as a whole in a short amount of time and would have required a more complicated calculation to get more precise numbers. I’m really just trying to illustrate the basic concepts of investing versus debt using simple calculations so that people can easily understand why debt can be so devastating in a short amount of time and why the power of compound interest works in their favor on the investment side of things. Also, rest assured the credit card companies will cut you off long before you reach such excessive numbers in terms of your debt to them for their own, financial well-being. However, the impact to your finances would be substantial.

You can read more about my finance and investing tips here: https://brighterdayslifecoaching.com/category/financial-planning-management-and-investing-related-posts/

You can learn about my investing techniques via my “Invest Like a Pro in 10 Minutes a Day!” series of 4 books where you can learn the “end to end” process to investing: https://brighterdayslifecoaching.com/published-books-and-life-coaching-services/.

And, lastly, you can read about my stock market activities here: https://brighterdayslifecoaching.com/stock-market-activities

I wish you much finance and investing success for 2024 (and beyond!).

#selfimprovement #selfhelp #selfdevelopment #intention #fulfillment #success #inspiration #happiness #mindfulness #peace #joy #positivethinking #balance #finance #stocks #investing #stockmarket #bonds #bondmarket

HOW TO INVEST WELL AND CREATE A BRIGHTER FUTURE WITH MINIMAL EFFORT

Over the past couple of weeks, I have been traveling through Portugal and have met some very nice people. And once they find out I’m a life coach, many of them have become very interested in any financial advice I can provide to help them create a brighter future. So, this inspired me to write the “Joe Brennan 6-Step Process to Financial Success” with minimal effort:

1. Get into the practice of automatically saving a minimum of 20% of everything you earn – wages, gifts, tips, whatever and open an online brokerage trading/investing account to place your money in such that it earns a decent interest rate (I earn about 5% interest via my Fidelity standard trading account). The reason this is important is because you don’t want to fall behind inflation when saving money. A lot of banks pay much less interest than online brokerage trading/investment accounts do. The 20%+ automatic savings is important because it forces financial discipline – resulting in a greater ability to accumulate financial wealth and achieve financial freedom much sooner than would be experienced otherwise. In fact, if you have kids and get them into this practice at a very young age, then this would serve to not only benefit them, but you as well since you won’t have to worry so much about their finances and they won’t have to rely on you as much in the years and decades to come.

2. Track one of the major stock market indexes representative of the overall stock market. In the United States, I like to track the S&P 500 index [SPY is an Exchange-Traded Fund (ETF) that tracks the S&P 500 Index]. When the major index falls around 25% or so, check the other major indexes and see which one has fallen the most. In the United States, frequently the Russell 2000 index (IWM is an ETF that tracks this index) falls much more than the S&P 500 index – especially, when a recession is expected. A lot of times major stock indexes will decline more once they drop 20% (defined as a bear market). However, the recovery is often swift. So, you want to be fully invested fairly soon after that happens. Otherwise, you can miss out on substantial gains. Just for some points of reference: a 25% drop results in a 33% gain once the index or ETF gets back to breakeven, a 33% drop results a 50% gain once the index or ETF gets back to breakeven, and a 50% drop results a 100% gain once the index or ETF gets back to breakeven.

3. Move your accumulated savings to date into the ETF you have selected in Step 2. As long as this ETF continues falling or rises somewhat, keep putting your new savings into the ETF.

4. Once your ETF gains to the point that where it is only about 10% from the all-time high, stop putting your new savings into the ETF and just keep it in your online brokerage trading/investing account earning the standard interest rate.

5. Only pull money from this account when gains are experienced and only for that which invests in your future such as a down payment for a house, educational expenses likely to lead to a higher paying job, a new business you want for yourself, or after reaching your long-term financial freedom or retirement goal.

6. Repeat steps 1-5 for any new savings accumulated.

The above is a simplified process which might be helpful for some of you. If you are in your mid-thirties or so (or even less – the younger you are, the better you will likely do over time), then this process should get you where you need to be in your life financially speaking. However, there is never a guarantee, and you might want to adjust this process. If you elect to take a higher risk approach, then you can earn substantial gains if you wait things out – although you might experience substantial losses in the near term. If you elect to take a lower risk approach, then you may not experience substantial losses in the near term but will probably not make as much in gains over the longer term. For example, a higher risk investor might start moving savings after only a 15% drop in the major index and stop investing new savings once the ETF hits its all-time high or above while a lower risk investor might start moving savings after a 30% drop or more) in the major index and stop investing once ETF gains to the point that where it is about 15% from the all-time high.

The above process guarantees that you never invest at the market top. It also ensures that you invest early enough in bear markets so that you will hopefully, eventually, earn substantial gains.

The reason the above process should work well for many people is that in the first few years of investing, the amount saved matters much more than the actual gains or losses experienced in the stock market. So, people can just save and wait for a substantial stock market drop to invest and will probably do pretty well over time. Once savings have been accumulated for a few years or so, then the gains and losses experienced matter increasingly more over time and a lower risk investment approach will probably be more appropriate.

The above process is not perfect, but give it a try, make adjustments over time, and if you need help with any of this just ask.

You can learn about all of my investing techniques via my “Invest Like a Pro in 10 Minutes a Day!” series of 4 books where you can learn the “end to end” process to investing: https://brighterdayslifecoaching.com/published-books-and-life-coaching-services/.

Also, you can read all about my stock market activities here: https://brighterdayslifecoaching.com/stock-market-activities

I wish you much investing success for 2024 (and beyond!).

selfimprovement #selfhelp #selfdevelopment #intention #fulfillment #success #inspiration #happiness #mindfulness #peace #joy #positivethinking #balance #finance #stocks #investing #stockmarket #bonds #bondmarket

HAPPY NEW YEAR 2024! A FEW HIGHLIGHTS FROM 2023!

Happy New Year everyone! 2023 was a pretty good year for me (much better than 2022). Here are some of my highlights (by the numbers):

9: The number of times I provided special gifts to people for “Make a Friend Smile Day”. That’s the special occasion I created 20 years ago as the perfect excuse to offer guilt-free giving to people going through significant financial difficulties and hardships but are just too proud to ask or accept this help. The only catch is the friend must smile when using the gift because, well, there’d be no reason to have a “Make a Friend Smile Day” if the friend didn’t smile. I bought someone a computer, bought someone a smart phone, paid someone’s rent, and gave out several Publix gift cards and prepaid credit cards this year to people!

$68k: the amount I added to my “Beneficiaries Reserve Fund” due to my investment gains and budget projections based on these. This is the fund I use to help others. Most people who know me understand that whenever I have a good year in the stock market, I always set aside some of the proceeds to share with others to contribute as my gift to them – it’s a promise I make every year to God, higher power, the universe, or whatever it is you believe in (I happen to believe in all the above). You can read more about that here: https://brighterdayslifecoaching.com/a-guilt-free-way-to…/

21: The number of poems I wrote and published throughout the year. The ones people seemed to resonate most with were: To Ignite a Life (A Determined Drive): https://www.facebook.com/joe.brennan.1806/posts/pfbid0QNUBeFVm9Jw6Gtp943UsnXD4AzEjHCtnwXSTtTgM4Nq6D1gZZPZ6CGbtAaNeT8nhl , The Wingman: https://www.facebook.com/joe.brennan.1806/posts/pfbid0dsPxyBC4dGeCbouj1Q5HXigmr6saJHMHS3K4HigYauRzdnt4Uj5eHecfzuc4trfBl , and Regret Sings Relentlessly (The Haunting Tunes of Truth): https://www.facebook.com/joe.brennan.1806/posts/pfbid08ynYbeHxehSAGsNdqtdRfoSDKik4Q3cSsnmgZFYMUiXd4TWVbU48hy9AJrTNdMHxl

4300: The number of photos I took on travel this year. My biggest trip was my summer road trip (1400 miles, 3 weeks which, 13 places). My favorite places during this year’s travel were Dunedin FL, Tarpon Springs FL, and Sebring FL.

391: The percentage gain of my best performing stock this year: Coinbase (COIN).

279: The total number of places I have explored and spent quality time in to date (including the above road trip).

57: The percentage I gained in the stock market this year which more than made up the 24% loss I experienced last year (2022 was my first down year in 11 years). Over the past 12 years my average annual gain is 35%. So, that’s not too bad. This is about a 5 year gain on average for every year over the past 12 years. I improved my investment strategies this year as I try to do every year. https://brighterdayslifecoaching.com/how-to-lose-your…/ and https://brighterdayslifecoaching.com/a-break-in-the…/ are two notable examples. You can learn about all of my investing techniques via my “Invest Like a Pro in 10 Minutes a Day!” series of 4 books where you can learn the “end to end” process to investing. So, use any downtime you might have to your advantage by gaining this knowledge and learning these skills and techniques (https://brighterdayslifecoaching.com/published-books-and…/). Also, you can read all about my stock market activities here: https://brighterdayslifecoaching.com/stock-market-activities

34: the number of people I helped live happier lives throughout this year.

59: The number of times I posted about my stock market activities and strategies to offer others a chance to capitalize on these. You can read about most of them here: https://www.brighterdayslifecoaching.com/stock-market…/

93: The number of posts I wrote and published, throughout the year, focused on helping people live happier, offering hope and inspiration, keeping people informed, and making people more successful in life.

12: The number of books I read and shared my notes on throughout the year. These were primarily in the areas of self-help and self-improvement. Each of these were towards the top of the “100 Best Self-Help Books of All Time” list I’ve been reading from (So, over the years I’ve currently read the top 89 books on this list of 100 so 11 more to go!).

212: The number of days I spent on Duo Lingo learning and practicing Spanish and Portuguese throughout the year. I’ve been learning various languages on Duo Lingo for 10 years now including Spanish, Portuguese, and a tiny bit of Italian.

11 – the number of hours I spent on fitness activities in a typical week between weight training, running, stretching, and yoga.

So, 2023 was a pretty good year overall. Going forward I plan to focus on creating an electronic version of my first book of poetry (“A Farewell to Reason”) which has been out of print for several years now and some of the poetry I’ve written since then.

I’m looking forward to seeing what 2024 brings! Happy New Year Everyone! May 2024 be the best year of our lives EVER!

selfimprovement #selfhelp #selfdevelopment #intention #fulfillment #success #inspiration #happiness #mindfulness #peace #joy #positivethinking #balance #finance #stocks #investing #stockmarket #bonds #bondmarket

A GUILT-FREE WAY TO GIVE AND MAKE A DIFFERENCE IN PEOPLE’S LIVES

Most people who know me understand that whenever I have a good year in the stock market, I always set aside some of the proceeds to share with others to contribute as my gift to them – it’s a promise I make every year to God, higher power, the universe, or whatever it is you believe in (I happen to believe in all the above).

Well, this year I earned a 56% gain so far which is about an 8-year gain on average in just one year (https://brighterdayslifecoaching.com/stock-market-activities)! So, I spent a lot of time trying to figure out what I could do for the holidays to contribute to people I care about.

What I ended up deciding on is providing a 0% “loan” (“wink wink”) to people which they can use at any time, in any way they choose, and for whatever payment terms they choose (which can be adjusted at any time). If the “loan” is paid off within 2 years, then they owe only 90% of the loan total.

The reason I provided a 0% “loan” is many people feel much more comfortable with that than receiving a large sum of money as a gift – it tends to be more guilt-free in nature as a lot of people are uncomfortable receiving larger amounts of cash as gifts. However, I have given them each the option of paying the “loan” back (or not). I provided everyone with three choices regarding this gift:

1. Accept the “loan” at any time up until 30 November 2024 as their gift from me and pay it back on whatever terms they like (which they can adjust at any time). This would especially be a great option if they have debts they would like to at least partially pay down or any new purchases they would like to make without having to pay any interest. Again, they are not required to pay the “loan” back. However, if they do then I will offer their “loan” to the next person. So, it does not affect me in the least if they are not able to pay back the “loan” for whatever reason. Because even if they do, I gain no benefit since I’m just going to just offer the “loan* to the next person. And if they end up not being able to pay it back, then as far as I’m concerned it just means they needed the money more than the next person. Lastly, if they do end up paying the “loan” back within 2 years then they only pay 90% of the loan total (a 10% discount).

2. Decline the “loan” anytime up to 30 November 2024 and receive $150 as their gift from me. If they decline the “loan,” then I will offer it to the next person. So, I gain no benefit if they decline the “loan.” As such, I encourage them to use the “loan” if it might be helpful to them.

3. Allow the “loan” to expire on 30 November 2024 without using it and receive $150 as their gift from me. If the “loan” expires, I will offer it to the next person. So, I gain no benefit if the “loan” expires.

Any “loan” (or any portion of any loan) not paid off within 2 years is automatically forgiven. Thus, the recipient(s) will owe nothing after 2 years.

So, the above is how I decided to contribute this year. Perhaps the above will be helpful to some of you in figuring out how to contribute when good things happen for you. I hope it does.

Have a wonderful holiday season everyone!

#selfimprovement #selfhelp #selfdevelopment #intention #fulfillment #success #inspiration #happiness #mindfulness #peace #joy #positivethinking #balance #finance #stocks #investing #stockmarket #bonds #bondmarket

HAPPY HOLIDAYS! A TINY GIFT FOR YOU!

One thing I used to do years ago for the holidays was hand out themed compilation CDs of music people couldn’t buy anywhere to give them something special and unique and wonderful to listen to over the holiday season (and beyond). They did not contain holiday music or anything which, for me, tends to get old after a short while – just unique music that is nice to listen to for something different. I was always particular and intentional about the themes I came up with and always ordered the tracks in such a way to ensure they created a wonderful musical experience and a smooth flow from one track to the next.

I used to do this year-after-year up until the widespread use of I-tunes, media players, Spotify and such. So, I started to realize CDs were probably a waste of time and effort. Well, the last couple of years I decided to recreate some of those CDs as Playlists on Spotify.

I might continue the above practice next year, but for this year I decided to create a new 1950s/1960s playlist. I heard some old music on a radio station a few months ago when driving around in New Smyrna Beach and I loved it so much that, for something different, I made a whole playlist to share with everyone. So, check it out when you get the chance:

Smooth Sailing 50s & 60s: https://open.spotify.com/playlist/3x0UnPJDMQqXcgxDIemCep…

I hope you will enjoy this as much as I do. Some of the lyrics are outdated for these modern times but the music is Wonderful. Also, the Sue Raney version of the second song (Till There Was You – https://www.youtube.com/watch?v=jEoG1TYLBWI) is much better than the Peggy Lee version but Spotify didn’t have the Sue Raney version. I encourage you to check that out and replace the Peggy Lee version with the Sue Raney version if you create your own playlist outside of Spotify. It’s so much better than the Peggy Lee version and fits in well with this playlist. Also, feel free to modify the playlist to make it your own including adding some of your favorites.

Below are the five playlists I provided in previous years so feel free to check these out as well over the holidays (and beyond):

1. Classical Gems (nice and soothing classical music): Classical Gems – playlist by Joe Brennan | Spotify

2. Candlelight Classic Jazz I (mainly old classic vocal jazz): https://open.spotify.com/playlist/1R0tZBB8MOZUJgA01LrK2C

3. Candlelight Classic Jazz II (mainly old classic instrumental jazz): https://open.spotify.com/playlist/10ZO5Mrv5fF2Uns7QEzWVT

4. New Age (Morningtide-Eveningtide): https://open.spotify.com/playlist/5S0Re0yHvQma9WMai20w36

People really seemed to love this one for helping them to relax and even sleep. One song (What a Beautiful Sunset by Angelwing) was not available on Spotify but I encourage you to check out this excellent song as well: https://youtu.be/pXgjQPgh4bM?si=ovRvGhgp3V_G47JI . You can add this wonderful track if you create your own playlist outside of Spotify.

5. Acoustic Tracks: https://open.spotify.com/playlist/4rjwsNOCPfWZJFK72cKvji… This is a playlist that I love to listen to around the start of Autumn. For some reason the music really seems to fit at that time. None of the Joni Mitchell songs were on Spotify but tracks such as: the acoustic live version of “People’s Parties” (my very favorite:

https://youtu.be/NktbeZiMYfA?si=dV0LcJEL6uo1aTbJ), “Urge for Going” (https://youtu.be/ZvSvTRhAJxg?si=hKeMtJUa95dTLGUk), “Little Green” (https://youtu.be/HTxUrDtoPP0?si=fo0yREfcqCIxaznn), “A Case of You” (https://youtu.be/0YuaZcylk_o?si=hwbPrgdwdmxUYHlM), “Court and Spark” (https://youtu.be/_1Z6I62yvfg?si=irKLbee4rBS5evAI), and “That Song About the Midway” (https://youtu.be/O9R82TThjdw?si=jA4wsRNPDVaNUJXo) are excellent. So add the above tracks if you create your own playlist outside of Spotify.

Enjoy this music over the holiday season (and beyond) and feel free to share with anyone else who might enjoy these or could use a positive thought and a smile to brighten up their day.

Lastly, just in case it might be helpful to you (or others in your life):

As a first step when I take on new life coaching clients, I usually assign the following as a homework assignment: https://brighterdayslifecoaching.com/how-to-defeat-any…/

Why? Because this is the entry level step for putting them into a more positive place and ensuring we are working towards actual, instead of perceived, problems. It can be a substantial waste of time, effort, and energy working towards solving non-problems and taking this step (and Step 2 below) can be instrumental in avoiding that. After 3-4 weeks of consistently addressing the external factors indicated in the post above, many people feel much better about themselves and about their lives and are better able to focus on what they really want in life instead of spending time, money, and energy trying to solve problems which are really not problems at all.

After Step 1 has been completed, Step 2 is here which offers a guaranteed way to live increasingly happier : https://brighterdayslifecoaching.com/happiness-tip-clear…/

I hope the above will be helpful to you or to others in your life.

Happy Holidays everyone! May 2024 be the best year of our lives EVER! 🙂

#selfimprovement #selfhelp #selfdevelopment #intention #fulfillment #success #inspiration #happiness #mindfulness #peace #joy #positivethinking #balance

REFLECTIONS AND KEY TAKEAWAYS FROM THE BOOK “BRAIN RULES: 12 PRINCIPLES FOR SURVIVING AND THRIVING AT WORK, HOME, AND SCHOOL” BY JOHN MEDINA

I thought “Brain Rules: 12 Principles for Surviving and Thriving at Work, Home, and School” by John Medina was a pretty good book. The three key takeaways that I got from this book were the following:

1. While most people view food as the body and brain’s most critical resource (wrong – the body/brain can survive a few weeks without food) and water as the second most common response (wrong again – the body/brain can survive about a few days without water), the most critical resource is oxygen (the body/brain can survive only a few minutes without oxygen). As such, the best way to improve cognitive performance is to enhance the amount of oxygen delivered through the bloodstream. The corollary is also true – anything which reduces the amount of oxygen delivered through the bloodstream will degrade cognitive performance over the near and long term. There are several implications related to this that are worthy of strong consideration:

Will stress improve or reduce blood flow and cognitive performance? Well, over the near term, stress constricts blood vessels resulting in decreased blood flow. Chronic, long term stress results in the scarring of blood vessels and the build-up of plaque due to sticky substances adhering to and hardening the blood vessels – reducing blood flow permanently and raising the risk of strokes and heart attacks (as a side note: stress also depletes the immune system resulting in greater and lengthier illnesses). As such, anything we do to manage stress is very helpful over both the short and long term. Related to the implications of stress, one can imagine several other things which might produce similar effects. For example:

Stimulants such as drugs and even natural stimulants can cause some of the same effects. So, it would probably be wise to minimize these to the extent possible or eliminate them completely.

Depressants tend to slow down the heart and in turn would decrease the flow of oxygen delivered through the bloodstream. So, it would probably be wise to minimize these to the extent possible or eliminate them completely.

Unhealthy foods tend to promote the scarring of blood vessels and the build-up of plaque due to sticky substances adhering to and hardening the blood vessels – reducing blood flow permanently and raising the risk of strokes and heart attacks. So, it would probably be wise to minimize these to the extent possible or eliminate them completely.

There is no shortage of other scenarios we can imagine which could reduce the amount of oxygen delivered through the bloodstream and degrade cognitive performance. So, it’s worthwhile to contemplate these so that we can make healthier choices.

In sharp contrast to the above:

Physical exercise elevates the heart rate and creates new blood vessels deeper into the brain and body tissues resulting in substantial increases of oxygen delivered through the bloodstream. So, it would be wise to exercise regularly.

Doing things to keep yourself in a relaxed state does the opposite of stress in that it improves blood flow and cognitive performance and results in less scarring of blood vessels and the build-up of plaque. As such, anything we do which helps us manage stress and relax more can be very helpful over both the short and long term.

2. From other readings I’ve done, another factor which can come into play involves taking breaks from time to time when you feel mentally depleted and are craving unhealthy foods. The brain tends to chew up a lot of metabolic fuel (glucose and oxygen) but can become depleted over time. When this happens, people tend to get a strong craving for sugar and often give in to that craving. However, what people don’t realize is that even substituting healthier snacks, taking a short break, going for a short walk, performing much easier, low-stress activities (simple tasks, phone calls, etc.) or doing something to relax or uplift your mood would be enough to sustain you during those periods and allow you to get back to the complex tasks at hand. So, give this a try instead of attempting to push through it and giving into unhealthy temptations. You’ll get more done, do them better, and complete things sooner.

3. Sleep is very important. The brain remains active while we sleep. It processes, reviews, and organizes information, strengthens new learning, and performs problem solving activities. If sleep is interrupted, then we lose the benefit of these processes. So, the brain performs offline processing during the sleep cycle. It helps us to learn better, to retain information, and create solutions.

Related to the above, as a life coach, the following is the first step I usually give to people which can really help a lot: https://brighterdayslifecoaching.com/how-to-defeat-any-distress-without-dope-drinks-drugs-debt-or-doctors/

Here are the more complete set of the notes I took which might be helpful to some of you out there:

Of the 12 Brain Rules discussed, I thought the following were the most helpful and enlightening: Rule #1 (Exercise): Exercise boosts brain power, Rule #4 (Attention): We don’t pay attention to boring things, Rule #5 (Short-Term Memory): Repeat to remember, Rule #6 (Long-Term Memory): Remember to repeat, Rule #7 (Sleep): Sleep well, think well.

A lifetime of exercise results in large improvements in cognitive performance. Exercisers outperform sedentary people by a large degree. Couch potatoes can start aerobic exercise programs and improve their cognitive performance within a few months. If they stop the exercise program, then their cognitive performance will revert back to the previous levels. Just walking several times a week is enough to improve cognitive performance. 30 min of aerobic exercise three times a week is sufficient but a much greater cognitive benefit results if a strengthening program is added.

Your lifetime risk of dementia is cut in half (and risk of Alzheimer’s cut by 60%) if you perform aerobic exercise twice a week. If you do a 20 min walk each day you can cut your risk of having a stroke by 57%.

Physical exercise also helps in treating anxiety and depression – both immediately and over the long term.

Exercise provides your body and brain with greater access to oxygen and food. When we exercise, we increase blood flow which makes new blood vessels which penetrate deeper and deeper into the tissues of the body. This allows more access to the bloodstream’s goods and services including food distribution and waste disposal. The more you exercise, the more tissues you can feed and the more toxic waste you can remove. Likewise, exercise increases blood volume in the brain likely through new capillaries which allows more brain cells greater access to the blood’s food and haz-mat teams.

Exercise provides a steady increase in the oxygen supply to the brain which greatly improves cognitive performance. The improved cognitive performance will rapidly decline if the exercise program is stopped. Studies show that providing supplemental oxygen to people without exercise provides a similar cognitive improvement.

Consider incorporating exercise even during work by taking walks, using treadmills, and such.

In summary, exercise boosts brain power. So, to improve thinking performance, move.

The more attention brain pays to a given stimulus, the stronger the information will be encoded. Better attention always equals better learning and retention. It improves accuracy, retention, and clarity in writing, math, and such.

Attentional ability is not capable of multi-tasking. We simply cannot process attention-rich inputs simultaneously.

Studies show that a person who is interrupted takes 50% longer to accomplish a task and up to 50% more errors are made. If a person is familiar with the tasks, the completion time and errors are much less than if the tasks are unfamiliar.

One study showed that simply reaching for an object while driving a car multiplies the risk of a crash or near-crash by 9 times.

The ideal single topic presentation or module of instruction would only last 10 minutes (each of which would only cover a single core concept – always large, always general, always filled with “gist,” and always explainable in one minute – the remaining 9 minutes would provide a detailed description of that single general concept (each detail could be easily traced back to the general concept with minimal intellectual efforts)) So, five topics would take 50 minutes.

The brain processes meaning before detail. So provide the gist or the general ideal first. If you do, you will see a 40% improvement in understanding.

The 10-minute limit is important because audience attention will plummet to near zero right around the 10-minute mark.

The brain doesn’t pay attention to boring things.

Retrieval may best be improved by replicating the conditions surrounding the initial coding. This also goes for mood. Learn something while you are sad and you will recall it better if, at retrieval, you are somehow suddenly made sad.

The quality of the encoding stage – those earliest moments of learning – is one of the single greatest predictors of later learning success. The more handles (associations, etc.) one creates at the moment of learning, the more likely the information is to be accessed at a later date.

The more a learner understands the meaning of the presented information, the stronger the encoding process. So, make sure you understand exactly what that information means and if you are trying to drive information into someone else’s brain, make sure they know what it means. This has a negative corollary. If you don’t know what the information means, don’t try to memorize and pray the meaning will somehow magically reveal itself to you in the future.

A great way to communicate meaning in such a fashion that it improves learning and understanding is to use relevant real-world examples such that main learning points are accompanied with meaningful experiences.

Studies show that the greater the number of examples used, the more likely the information is to be remembered. And the more personal an example, the more richly it becomes encoded and the more readily it is remembered. Why do examples work? They take advantage of the brain’s natural employment of pattern matching. Information is more readily processed if it can be immediately associated with information already present in the learner’s brain. Providing examples is the cognitive equivalent of adding more handles. Providing examples makes the information better encoded and better learned and retrieved.

The events that happen the first time you are exposed to a given information stream play a disproportionately greater role in your ability to accurately retrieve it at a later date.

If you are trying to get information across to someone, your ability to create a compelling introduction may be the more important single factor. You can lose your audience in the first 30 seconds of a presentation if you do not make it compelling and hold their attention.

Memories are not stored as video replications of events. They are stored as fragments. Once one fragment is retrieved then based on inference and the partial evidence available, a reconstruction of what actually experienced is created. So, the accuracy of memories is questionable. Because the mind tends to fill in missing gaps – relying on partial fragments, inferences, outright guesswork, and often (most disturbingly) incorporates other memories not related to the actual event. It is truly reconstructive in nature and done all in the service of creating a coherent story. Frequently, the brain inserts false information to make a coherent story.

Studies show that memories later in life bear very little resemblance to the ones remembered earlier in life. For example, in one study only a third of adults recalled any physical punishment such as spanking – however, 90% of their adolescent selves answered in the affirmative.

The brain tries to make sense of the world by connecting new information to previously encountered information. As such, new information can become intertwined with past memories as if they were encountered together.

Re-exposure strengthens encoding, storage, and retrieval. So, talking about something you witnessed with friends and family and such strengthens memory. Research indicates that thinking about or talking about an event immediately after it happens enhances memory for that event. It is one of the reasons it is important for witnesses to recall information as soon as possible after an event occurred.

It is important to regularly re-expose yourself to information you want to retrieve later. Thus, the way to make long-term memory more reliable is to incorporate new information gradually and repeat it in timed intervals.

Our brains only give us an approximate view of reality, because they mix new information with past memories and store them together as one.

Studies show that 26-45 min naps improve performance by 34% or more lasting more than 6 hours.

Studies indicate that sleep can boost learning substantially. For example, taking a 12 hour break has shown to produce 20% better results. That increases to 60% if it happens after an 8+ hour sleep. And no matter how many times the experiment is run, the sleep group consistently outperforms the non-sleep group about 3 to 1.

Studies show that if healthy 30-year olds are sleep-deprived for six days (averaging about 4 hours of sleep per night) parts of their body chemistry soon revert to that of a 60-year old. And if they are allowed to recover, it will take them about a week to get back to their 30-year old systems.

The bottom line is that sleep loss means mind loss. Sleep loss hurts attention, memory, mood, quantitative skills, logical reasoning ability, and general math knowledge. Eventually, sleep loss affects manual dexterity including motor control.

The brain remains active while we sleep. It processes and reviews and organizes information and new learning. If sleep is interrupted then we lose the benefit of the mental review and organizing processes. So, the mind is performing offline processing during the sleep cycle. It helps us to learn better, to retain information, and create solutions. The brain shows rigorous rhythmic activity when we sleep – perhaps replaying what was learned that day or seeking solutions for problems.

Stress can boost cardiovascular performance in the short term but over the long term, too much adrenaline stops regulating surges in blood pressure which creates sandpaper-like rough spots on the insides of blood vessels. The spots turn into scars which allow sticky substances in the blood to build up – clogging the arteries. If it happens in the blood vessels of your heart, you experience a heart attack. If it happens in your brain, you get a stroke. As such, people who experience chronic stress have an elevated risk of heart attacks and strokes. Chronic stress also affects our immune system which cripples the ability to fight off infections and illness. Studies show that stressed individuals were three times as likely to suffer from the common cold.

Chronic stress hurts our ability to learn. One study showed that adults with high stress levels performed 50% worse on certain cognitive tests (such as problem solving) than adults with low stress.

Stress hormones affect our brain. One of the effects of prolonged stress is depression – the debilitating kind. The kind of depression that causes 800k people a year to attempt suicide. Many people who feel depressed feel there is no way out of their depression and that life’s shocks are permanent and things will never get better. Even when there is a known way out – there is no perception of it.

At some point stress becomes toxic (the allostatic load).

Your home life greatly impacts your abilities and performance outside of the home whether work or school. Because it greatly affects the ability to concentrate and focus as well as physical health. Absenteeism and truancy often results. Those who live in hostile environments (especially children) are at much greater risk of experiencing severe mental health issues such as depression and anxiety. Such mental health problems can wreak havoc on cognitive processes. More stress in the family cause more stress at work which in turn gets brought home again. As such, stability of the home is essential – especially for children.

Under chronic stress, adrenaline creates scars in your blood vessels that can cause a heart attack or stroke, and cortisol damages some of the brain cells, crippling abilities to learn and remember. The worst kind of stress is the feeling of having no control over the problem – you feel helpless.

If information is presented orally, people remember about 10%, tested 72 hours after exposure. That figure goes up to 65% if you add a picture. One reason text is less capable than pictures is the brain sees words as lots of tiny pictures.

Women tend to remember the emotional details. Men typically remember the gist.  

#selfimprovement #selfhelp #selfdevelopment #intention #fulfillment #success #inspiration #happiness #mindfulness #peace

HAPPINESS/SUCCESS TIP: EMBRACE THE JOURNEY

Whenever I come across common expressions in life, I like to try to mindfully stop, reflect, and take a deeper, closer look. Because people frequently become numb to such expressions and these don’t have the influence and impact that they otherwise might. One such common expression is “enjoy the journey.” And, while I am very supportive of this idea, the truth of the matter is that not everything in life is enjoyable. However, that does not make them less valuable. So, a more encompassing expression might be “embrace the journey.”

Sure, for the subset of activities applicable (and to the extent possible), you will want to take steps to better “enjoy the journey.” But for everything else, you will simply want to “embrace the journey” by getting started, putting in the work, addressing or dealing with challenges, learning the lessons, doing some exploring, taking steps to engage in the life experiences you truly desire, and making any sacrifices needed to create a better and brighter future. So, there is much more to life than simply “enjoying the journey.” As such, make it a point to “embrace the journey” and by all means avoiding tendencies to resist the journey. Because resisting the journey will create a lot of unnecessary stress and negativity, delay the learning of key lessons in life, and limit you and hinder progress.

Prior to beginning any journey, it’s a good idea to take some time and put in the effort to figure out what specific pursuits you truly want to work towards or engage in (whether associated with goals, activities, people, purchases, work, addressing or dealing with challenges, and such) – especially those which require a substantial amount of money, time, effort, or energy. And here’s something you can do to help figure that out. And here’s something else which can be helpful along these lines as well as this and this. And for those bigger pursuits, try to find ways to test drive or simulate those experiences first to make sure they are what you truly want before putting in the money, time, effort, and energy. You can read about how to do that here. It’s also a good investment of time and effort to come up with plans for execution – even if they are initially only preliminary plans. You can always make refinements along the way.


The journey you start out on, at any given time, doesn’t have to be perfect because you can (and should) make adjustments as you go. And even if the path you are presently pursuing is not the exact right path for you right now, simply embrace the journey anyway and make any desired adjustments along the way. You will still gain valuable experiences, skills, insights, and knowledge, and you will learn valuable lessons. And learning what doesn’t work for you is also a valuable lesson to learn which can benefit you over your entire life journey. So, do some mindful planning, set out on your path, and embrace the journey all along the way.

Now, the above being said, there are also things you can do to better “enjoy the journey” for those specific activities which apply. One thing I like to do along these lines is mindfully incorporate “enjoying the journey” into what I do on a day-to-day basis. So, I make it a point to remind myself that my focus is happiness, peace, and enjoyment for whatever I am engaged in at the time (where applicable).

For example, if I need to drive or walk somewhere, I make it a point to leave early so that I can take a nice, relaxing, leisurely drive or walk, taking in the scenery (and perhaps even taking a different path to getting there), and reflecting or perhaps even smiling and daydreaming a bit when stopped in traffic or waiting at a stoplight or intersection. Because, anytime you are in a hurry or running late the opposite happens. You become so focused on getting there that you miss out on opportunities for happiness, peace, and enjoyment along the way – creating a lot of unnecessary stress and negativity in the process. Don’t do this to yourself.

As a another example, if I am engaged in reading or viewing something, I try to mindfully slow down and enjoy what I’m reading/viewing and take a more leisurely, thoughtful pace – reflecting on what I’m reading/viewing and how I might apply it – and taking mini-breaks to relax and take in the sunshine and sip a soothing, warm beverage before continuing on with my reading/viewing.

And, as a third example, if I am working out, I try to mindfully focus on the body part I am working on (or stretching) or the specific pose I’m presently doing when doing yoga. My workouts would not be nearly as enjoyable if I focused instead on rushing things and just getting it done so that I could get on with other things.

So, the point is to always “embrace the journey” to get the most out of life, make progress, and create a better and brighter future. And for the subset of activities where “enjoying the journey” applies, slow down a bit and make enjoyment a part of your regular, daily practice. Because once you start mindfully doing this on a day-to-day basis, it will grow from there from week-to-week, month-to-month, and year-to-year, and you will find yourself making happiness, peace, enjoyment, and progress a priority and a regular practice in your life. And that will feel wonderful. So, do this for yourself if you can.

This and other happiness and self-improvement related tips are provided throughout my self-help oriented books: https://brighterdayslifecoaching.com/published-books…/

#selfimprovement #selfhelp #selfdevelopment #intention #fulfillment #success #inspiration #happiness #mindfulness #peace

HAPPINESS/SUCCESS TIP: IF YOU WANT A BRIGHTER FUTURE, THEN INVEST IN IT… AND THIS IS ABOUT SO MUCH MORE THAN JUST MONEY

In order to achieve longstanding happiness and success in life and to create the brighter future and the life you really, really want, you must be willing to make short-term sacrifices in order to create your most desired longer-term future – and anything and everything that might include for you (and others in your life). And this is about so much more than just money.

Do you want to live a long and healthy life so you can spend more quality time with those you love and appreciate, create memorable experiences, and live a life full of freedom, peace, and independence for the remaining years and decades of your life? Well, then you probably need to mindfully invest in yourself by engaging in fitness activities and making healthy lifestyle choices. Sure, it might seem a bit painful and time consuming right now, but like most investments, it will really pay off over the longer term.

Do you have a dream that you really want to achieve or a cause where you really want to make a difference? Well, then you probably need to mindfully invest by performing the research, gaining the skills, and defining and taking the steps needed to achieve that. Sure, it might seem a bit painful right now, in terms of all the time and effort you might have to put in but, again, like most investments, it will really pay off in the long run.

Are there people in your life you would like to strengthen your relationships with or have you a strong desire to create a future relationship with a special someone? Well, then you probably need to mindfully invest by creating the balance you need in life so that you can mindfully participate in those relationships and take steps towards creating new relationship(s). Sure, things might seem a bit distant and awkward right now, but if you take regular, consistent steps to participate more in the relationships which matter most to you and position yourself for creating new relationships then, again, like most investments, it can really pay off over the longer term.

Do you want to achieve a sense of financial freedom in your life? Well, then you probably need to mindfully invest by getting in the practice of automatically saving 20% of everything you earn, developing and living with a sense of financial discipline, and learning how to invest and manage your money. Sure, you might not be able to live that exciting, lavish lifestyle filled with luster, experiences, and adventure right now but, again, like most investments, it will really pay off over the long run.

Are there any life experiences you really want for yourself? Well, then you probably need to mindfully invest by defining and taking steps to achieve that. Sure, it might seem a bit painful right now, in terms of all the time and effort you might have to put in but, again, like most investments, it will really pay off over the longer term.

And the above are just five broad categories of investment kinds of examples. There are several others we could come up with.

Lastly, don’t forget about the cross effects. For example, if you live an unhealthy lifestyle, do you suppose that could affect your finances, your relationships in terms of your abilities to inspire and actively participate, and the energy you have available to put towards the dreams you desire to achieve, the life experiences you would like to have, or the causes you would like to make a difference in? You better believe it might.

So, invest in yourself and invest in your future. And start today. Get in the practice of making all of the small sacrifices needed today, tomorrow, and all along the way so that you can achieve the brighter future you really, really want.

This and other happiness and self-improvement related tips are provided throughout my self-help oriented books: https://brighterdayslifecoaching.com/published-books…/

#selfimprovement #selfhelp #selfdevelopment #intention #fulfillment #success #inspiration #happiness #mindfulness #peace #investment #love #relationships

HAPPINESS/SUCCESS TIP: ALWAYS BE MINDFUL OF WHAT YOU EXPEND YOUR TIME AND ENERGY ON

Here’s a Happiness/Success Tip which might be helpful to some of you out there: always being mindful of how you expend your time and energy. Focus on filling more of your life with that which makes you happy and inspires and fulfills you instead of focusing so much on that which does not. Because life isn’t short. We make it short by wasting time and energy.

So many people seem to get lost from time to time and forget the true purpose of their life is to be happy – and anything and everything that includes – for each and every one of them.

So, keep doing anything that makes you happy. And be mindful of anything which does not.

A lot of people seem to forget the latter – especially when they get consumed by negativity, bitterness, politics, conspiracy theories, and such. So, I wanted to provide a “friendly reminder” in case it might be helpful to some of you out there. Because your life is precious. And you’ll be a lot happier if you treat it that way.

#selfimprovement #selfhelp #selfdevelopment #intention #fulfillment #success #inspiration #happiness #mindfulness

HAPPINESS/SUCCESS TIP: FIND, FOLLOW, AND FOCUS INTENTLY ON YOUR BURNING WHY

One of the keys to motivating yourself (and others) and making consistent and continual progress involves discovering what your burning WHY is and keeping it in clear focus over the weeks, months, years, and decades that follow – whether towards your life overall, for a specific goal or accomplishment, or some success you desire to achieve.

So, some of you might find, focus on, and follow a big, burning WHY in terms of your life overall for the long term if that creates enough motivation for you. Alternatively, you might find, focus on, and follow smaller, burning WHYs for right now in order to create motivation for each of your shorter term goals and such. Or you might use a combination of these approaches.

For example, in my own life, having the peace and freedom to do whatever I want, whenever I want, has been my life overall big, burning WHY for many years now and was enough to drive me to create and embody the financial and investing discipline and balance I needed to achieve that success. Some other person might have a smaller, burning WHY right now, which might involve spending a month in Paris a year from now. So, that smaller, burning WHY for the near term might motivate the individual to do whatever research, take the actions, and earn the money needed to achieve this goal. Someone else might have a smaller, burning WHY right now, in going hiking in the Rocky Mountains. So, that smaller, burning WHY for the near term might motivate this individual to engage in more fitness activities, eat healthier, and embrace healthier habits.

Visualization approaches can also be used to personify your big or small burning WHYs to motivate progress such as the following:

(1) Positive Visualization Approach. This is primarily a positive oriented motivational approach personifying your WHY(s). This essentially involves visualizing the person you greatly aspire to become, the ideal life you would greatly desire to live, or the highest success you greatly desire to achieve and collecting reminders of these – whether reflective of your life overall or your shorter term goals and such. By developing a positive means in which to visualize success and proceeding to visualize, or remind yourself of, this success on a regular basis, progress can be made towards achieving this success.

(2) Negative Visualization Approach. This is primarily a fear oriented motivational approach personifying your WHY(s) from the opposite end of the spectrum. This essentially involves visualizing the person you would most not like to become, the life that you would most not like to live, or the failures and other experiences you would most not like to have and collecting reminders of these – whether reflective of your life overall or your shorter term goals and such. For example, images of a homeless person suffering the effects of a prolonged addiction problem or a character in a movie who played such a role might serve this purpose. Another approach might be collecting reminders of those you love and appreciate who might be greatly affected by your nonsuccess. By developing a negative means in which to provide reminders of your life fears and the negative implications and consequences of nonsuccess, these can help to provide the strength and the motivation to resist or avoid these. And many studies have shown that pain can serve as a powerful motivational force since human beings tend to be “wired” towards avoiding pain/suffering and being risk averse.

(3)  Combined Positive/Negative Visualization Approach. This approach essentially involves two contrasting visualizations: One which represents the positive aspects (item 1 above) and another which represents the negative aspects (item 2 above).

Each of these approaches can help motivate success and improve progress. And the key to this progress and success hinges on finding, following, and focusing on your burning WHY(s) over the weeks, months, years, and decades to follow – whether in life overall, for a specific goal or accomplishment, or some success you desire to achieve. So, do this for yourself (and others) if you can.

This and other happiness and self-improvement related tips are provided throughout my self-help oriented books: https://brighterdayslifecoaching.com/published-books-and-life-coaching-services/ 

#selfimprovement #selfhelp #selfdevelopment #intention #fulfillment #success #inspiration #happiness #mindfulness