The Templeton Plan: Step 12

What do these ideas really mean?
How do they apply to my own life?
How can I use their meaning in achieving success?

Step 12: Conserving Your Resources To Best Advantages

Thrift, the quality of using money and other resources carefully and not wastefully, is the key point that John Templeton is trying to implement. Through thriftiness and patience, we can wait for the right opportunity or deal to shine through. By having patience we learn what it means to be thrifty.
To start being thrifty we must save towards that which is important.

Questions to ask yourself:

Do you save something of every paycheck?
Do you make a budget?
Do you live within your budget?
Do you search for bargains in small items, such as toothpaste and soap, as well as large items like automobiles and furniture?
Do you weigh each purchase carefully rather than buy on impulse?

Comments

Chase The Lion

Summary: In the first chapter of Chase the Lion, it speaks of a mighty warrior back in the time of David when he was ruling king. This mighty warrior was Benaiah, and he chased a lion into a pit on a snowy day. His actions on this day is the main theme of the book. You have to imagine yourself chasing a lion into a snowy pit to kill it. How insane do you have to be to do that? In a way, this true story is a parable for our lives in how we should treat that lion like a big dream. There are two types of courage; regular courage and two-o-clock in the morning courage. The two-o-clock in the morning courage has a sense of urgency and crazy to it. We are all one action, one risk, or one decision away from a life-altering moment. At times we are so busy climbing the ladder of success that we fail to realize that it is leaning against the wrong wall. Most people believe in God, but they continue to allow circumstances to get between them and God instead of letting God get b...

5 Dimensions of Win/Win

Key Points: It begins with character and moves toward relationships, out of which flow agreements. It is nurtured in an environment where structure and systems are based on Win/Win. And it involves process; we cannot achieve Win/Win ends with Win/Lose or Lose/Win means. Character There are three character traits essential to the Win/Win paradigm. Integrity, Maturity, Abundance Mentality. Integrity is the values we place ourselves into. Maturity is the balance between courage and consideration. Abundance Mentality is the paradigm that there is plenty out there for everybody. A character rich in integrity, maturity, and the Abundance Mentality has a genuineness that goes far beyond technique, or lack of it, in human interaction. If we search deeply enough within ourselves-beyond the scripting, beyond the learned attitudes and behaviors- the real validation of Win/Win, as well as every other correct principle, is in our lives. Relationshi...

The Templeton Plan: Step 16

The Templeton Plan is written for those who consider themselves students in the school of total success. It is suggested that you devote yourself to one step each day, over a period of three weeks, Each step should be studied carefully until the following questions can be answered in a satisfactory and thorough manner: What do these ideas really mean? How do they apply to my own life? How can I use their meaning in achieving success? Step 16: Maximizing The Power Of Your Faith Successful and happy people will try to express their empathy in all circumstances. This means putting yourself inside the minds and hearts of others and feeling the effect your words and attitudes will have on them. It is wise to say, give me the courage to improve what I can improve, the patience to endure what I cannot improve, and the wisdom to tell the difference between the two. "Never write down what you don't want published. Whatever you say or write should be intended to...

Thanks...My Pleasure

Search This Blog