Work and Study

The relationship between work and study should not be underestimated.

It is important that youngsters in general, and teenagers in particular, get real life experience of what it takes to succeed in the ‘real world’, what it takes to make money, and how hard dad or mum have to work to earn those extra few cents.

Recently a dad talked about the problems of getting his son to study; the family is wealthy and the son saw little need to make any effort to revise, do well in his forthcoming exams, and move onto a university and undergraduate subject with prospects of a rewarding career.

He saw his parents, particularly mum, as a ‘soft touch’.

The harder the concerned parents tried, the more obstinate the son became; the inverse law of proportionality seemed to be at work, or perhaps the law of diminishing returns. Necessity was definitely not the mother of invention!

‘Man he is a Lazy B…!’ complained the father.

At school, the youngster seemed to have learnt a lot about his ‘rights’ – but little about responsibility.

He didn’t realise that ‘rights’ and ‘responsibilities’ are the same bedfellows – they both start with the letter ‘r’!

The current situation was inevitable…

Things changed, however, after our recommendation that the son spend time working in the kitchens of one his father’s famous restaurants over the summer holidays (well, what else did he expect given his parents’ gentler efforts?).

Washing plates to earn his pocket-money was no fun; it didn’t take long before the grades started to improve.

Study was clearly a better option than washing plates in the kitchen.

Take Warren Buffet, one of the richest men in the world.

Warren has a wise head on his shoulders and drives the same old car and lives in the same old house as he did at the start of his career; his common sense has to be respected since his actions reflect his words.

He can afford to live in mansions, drive better cars but through his example has made clear that he intends to give most of his wealth to charity.

Warren believes that his children must learn to earn a living, make their own way in the real world.

The last thing he wants is to ‘handicap’ his progeny by handing over his billions.

Some of the smartest students at The University of Oxford in The Business Management School often spent their summer holidays waiting at tables before they got First Class Honours.

They are now CEOs of major companies, earning a very healthy living.

Consider another example from the world of tennis, the William sisters where Venus and Serena dominated the women’s game for many years.

Their early history is one of being introduced to the ‘Bronx’ by their dad where gang bullets were not uncommon whilst they trained.

The William sisters soon realized that working for success in tennis was a better option than living in ghettos.

Where cajoling fails, direct experience often succeeds.

If you want your children to study more effectively, let them work for it!

A Ride Without Motorcycle Leathers

Have you ever wished you had a good set of motorcycle leathers? I will never forget the winter of 1987. My wife and I were living on the North shore of Chicago. She was working as an elementary school teacher and I was finishing grad school. Money was tight, so a second car was out of the question. The hassle of sharing a vehicle has always been more than I can stand to end, so I began looking for some other form of cheap transportation. In those days I had yet to own a motorcycle, but I had always wanted one. While driving by the local shopping mall near our neighborhood, I noticed a motorcycle sitting near the road with a sign sign hanging off the front forks. It looked pretty small, but as the chrome glinted in the sun I found myself strangely drawn to pull over and check it out.

The bike was a 1972 Honda CB350, and for being 16 years old at the time, it was in great condition. It looked like it had been barely ridden and then tucked away in a garage somewhere. This was about 23 years ago now, so I honestly can not remember what color it was originally. I painted it metallic flake blue within the first year of owning it. To me, this bike was priceless, but I paid only $ 300 for it later that afternoon.

Now that my transportation problem was solved, I began regularly making the 20 mile commute to school. Which if you have ever been in Chicago traffic, you understand that a trip of that distance could take an hour or more. It must have bought the motorcycle in the summer because I remember how much I loved tooling around on it for the first few months. But then the temperature began to drop and the snow began to fly. I quickly learned that there is a good reason for Chicago being known as the windy city. Riding a motorcycle alongside Lake Michigan in the winter is like running naked through a meet packing plant with 100 high speed fans blowing on you. I mean it was cut you to the bone frigid!

Although I did have a full face helmet, I never seemed to have clothing that could keep the icy wind from penetrating down to my soul. I even remember forgetting my gloves one night and having to put my socks on my hands just to survive the ride home. My ankles still hurt when I think about it. Even though we now live in the south eastern United States, and you can ride nearly all year round, just thinking about those frosty mid-western motorcycle rides can send a nasty chill up my spell.

Since that time I've clocked countless miles on everything from Hondas to Harleys, and if there is one thing I have learned, it is that there is no substitute for a set of high quality motorcycle leathers. Whether you ride a crotch rocket or a big old hog, nothing beats a lined leather jacket and a broken in pair of chaps on a long cold ride. When God made cows, he really knew how to insulate them from the cold. If you are currently in the market for some new athletes, take a minute and check out the link listed below.

Oil Spill Recovery Vessels Helping to Save our Environment

Oil spills can cause big problems for our ecosystem. We all remember in 1989 the Exxon Valdez oil spill in Prince William sound, Alaska. It took over a decade for the wildlife to rebound and two decades before things turned back to normal.

In New Jersey is a company called Marine Spill Response Corp., which has a fleet of 15 vessels to clean up oil spills on any of the East Coast ports or inlets. These ships have skimmer take hoses and reels to pick up the oil that floats on top of the water from the spill. They can respond to large or small oil spills with their fleet and even their smaller vessels have four 1000-gallon storage tanks for the recovered oil.

Each unit has oil water separators and oil heaters to help treat the recovered oil. When one of these ships arrives on the scene it lowers out a giant boom and begins to pump the oil through the boom. If you'll recall there was a huge oil spill in Philadelphia on the water in 2004 and there have been several other smaller spills, both from ships and leaky tanks due to inclement weather and man-made mistakes that the Marine Spill Response Corp. has cleaned up.

This is just one way that entrepreneurs and industry are teaming up to help mitigate potential ecosystem disasters in our environment. By preventing such oil spills from polluting the local water, we can save local wildlife from destruction. Please consider all this in 2006.

5 Deadly Financial Mistakes You Should Avoid Now To Keep Out Of Debt Later!

Every year more families are going to the brink of financial ruin because they never properly considered their financial future. For some, it's just to stressful or emotionally uncomfortable to think about and important financial decisions get put off indefinitely. For many, they do not know and were never taught some basic financial planning tips to keep them out of debt in the future. Here are five financial mistakes you should avoid now to keep your financial future bright:

5 Financial Mistakes To Avoid:

1. Buying on credit: Today's interest rates are fairly low, but this does not mean you should buy excessively on credit! Carrying a large balance on credit cards month to month is a recipe for disaster. Finance charges alone can slowly eat you up. Buying a car on credit ties up even more of your future earnings for debt repayment.

Just a few decades ago buying so much on credit was unheard of. Children were taught early on what a huge mistake this was. We all need to relearn this lesson and eliminate buying on credit to keep ourselves out of debt

2. Making financial decision based on emotion: When you are going through great stress or emotional turmoil you are most vulnerable to making disastrous financial financial decisions. It is when you are feeling some king of pressure that you are most likely to make silly decisions that get you into trouble later. Do not make a big money decision when you are emotionally vulnerable.

3. Not adequately insuring against catastrophic risk: Every year families are financially devastated because they are not protected against disaster. Loss of home and assets to fire and flood are very common events that a surprising number of people do not protect against with insurance. You should also protect against disaster common to your area. Earthquakes and tornadoes for example. Just as important is some kind of life insurance to protect your loved ones in case of death.

4. Falling for the slick salesmen pitch: They say a sucker is born every minute. And you can be sure there is a slick salesmen waiting to take advantage of every one of them! You should never enter into any financial decision based on salesmen pressure tactics or one-time offers. Great deals that can not wait for you to think on it or obtain a second opinion are often financial disasters waiting to happen.

5. Not planning out your financial future: For many people it is so much easier to put off the tough financial planning right now and get to it someday in the future. Well we know how that story goes. Years into the future many families are neck deep in debt with no relief in sight. And it could of all been avoided with some sensible planning. Talk to a financial planner today so you can be debt free tomorrow!

There you have it. Five important financial mistakes to avoid so you can be both debt and worry free in your future. No matter where you are at right now financially, it's not to late to get started. Make an appointment with a financial planner today and get your financial future properly planned out. It's one of the most important things you can do for your family and for yourself.