Immediate Productivity Increase With One Simple Habit, "Motivation Through Recognition"

Information Technologies have become critical and an integral part of any organization’s delivery, and indeed it is difficult to imagine any modern organization effectively and efficiently delivering without IT. In the current economic environment, IT departments operate with reduced budgets while striving to deliver best services. In today’s highly competitive and rapidly changing global marketplace, it is increasingly important to maximise productivity of Information Technology employees.

This article is a call to pause and reflect on the importance of motivation and how best to create a highly motivated and therefore more productive IT workforce.

Motivation is defined as the reason or reasons that someone has for acting or behaving in a particular way or the general desire or willingness of someone to do something. It gives the reasons for people’s actions, desires, and needs.

Managing IT personnel is challenging, and when motivational tools that are available to the managers may be limited, there is a need to seek proficient methods and styles in order to keep employees motivated. When you understand the thinking and behavioural triggers of employee and the employee understands the strategy and objectives and the value of their contribution, then you are able to maximize their enthusiasm and engagement and rapidly move in the same direction. One of the most effective methods of providing positive feedback is by “Motivation through recognition”.

One of the primary roles of management is to state and define the work objectives and mission, and identify strategies to achieve the stated goals with scarce resources. In an environment where there is a continuous drive to do more with less, it is easy to focus on what is broken and try to fix it and give less importance on pointing out where employees are doing well.

Having an employee work for an organization for many years should be considered an asset to the workplace, but can you imagine going a full year without receiving any type of recognition? It is essential that employees feel that they are valued for the work that they are producing and that by recognizing their achievements their rewards will go beyond productivity by making them feel part of the solution, part of the strategy and success of the organization as a whole. Recognition should focus on an employee’s contributions and efforts and not focus only on how long they have held the position. If they have done a great job, let them know that on the spot.

While building the recognition programs, we must always remember that in a multicultural environment, there is a need to recognize that individuals visualize problems and solutions from different perspectives and that consideration and appreciation needs to be made for the diversity of approaches. Having a vision that is malleable and encourages employees to come up with new ideas is a skill of a good manager. Nothing will motivate an employee more than knowing that he or she has contributed something unique that has changed an approach in a positive way.

By leveraging an effective recognition program within the organization managers could avoid one other issue, employee turnover, which is expensive and slows down productivity. Companies with recognition programs have a lower voluntary turnover.

Gratitude is one of the most effective forms of showing and gaining that trust from employees. Appreciating employees for their work and letting your employee, say, take free rein over a project, is one of the non-verbal forms of showing recognition (you have trusted them to do their job).

Good productive employees need to feel valued at work and there really is no such thing as “too much recognition”. If you really want to increase productivity and keep your employees, motivate them through recognition. That simple validation has the power to exponentially increase productivity in the workplace.

Below is the Cost-benefit analysis of employee recognition as stated in the article “Why employee recognition is so important – By Kim Harrison”.

“The cost of a recognition system is quite small and the benefits are large when implemented effectively. Meta-analysis conducted by the Gallup Organization of the results from 10,000 business units in 30 industries found [a meta-analysis is the statistical analysis of results across more than one study]:


Increased individual productivity – the act of recognizing desired behaviour increases the repetition of the desired behaviour, and therefore productivity. This is classic behavioural psychology. The reinforced behaviour supports the organization’s mission and key performance indicator.

Greater employee satisfaction and enjoyment of work – more time spent focusing on the job and less time complaining.

Direct performance feedback for individuals and teams is provided.

Higher loyalty and satisfaction scores from customers.

Teamwork between employees is enhanced.

Retention of quality employees increases – lower employee turnover.

Better safety records and fewer accidents on the job.

Lower negative effects such as absenteeism and stress.


Time spent in designing and implementing the program.

Time taken to give recognition.

Dollar cost of the recognition items given.

Time and cost of teaching people how to give recognition.

Costs of introducing a new process.

In conclusion, it is clear that recognition is a critical component of any organizational workforce strategy. By encouraging and supporting effective recognition practices, managers can improve delivery of their mandates, which results in a more effective workforce. Developing motivation and providing recognition to employees are relatively simple and inexpensive strategies. Employees are motivated by different factors and managers should get to know their employees and tailor the ways in which recognition and motivation are provided to each individual. When efforts are made to create motivated teams and support recognition, employee commitment to the organization and motivation are more likely to increase.

Four Motivational Mantra:

“Always treat your employees exactly as you want them to treat your best customers.” –Stephen R. Covey, author of The Seven Habits of Highly Effective People.

“To win in the marketplace you must first win in the workplace.” –Doug Conant, Fmr. President and CEO of the Campbell Soup Company.

“An employee’s motivation is a direct result of the sum of interactions with his or her manager.” -Dr. Bob Nelson, Best Selling Author and Motivational Speaker.

“People work for money but go the extra mile for recognition, praise and rewards.” -Dale Carnegie, Leadership Training Guru.

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Growing Popularity of Financial Ebooks

Financial ebooks are ebooks on finance providing solution to all your financial problems. An eBook is an electronic book or a digital book. These books can be read digitally on the computer, laptop or on a dedicated hardware device called eBook readers. Therefore, compared to the conventional printed books it is a digital media equivalent.

Since there are no standard formats for them, financial ebooks are available in various formats. These formats may be a pdf, html, Microsoft LIT, Palm OS, and Hiebook KML.

*PDF Format – This is the most popular format for financial ebooks. This can be read and accessed by almost all platforms. For this an acrobat reader is required. This is compatible while taking a print of the whole document as well.

*HTML Format – This can be read on the computer screen, laptop or even converted to read on an eBook reader.

*Microsoft LIT – For reading finance ebooks in this format, a Microsoft reader needs to be installed in your computer.

*Hiebook KML – This is the latest technology in eBook readers.

With the increasing use of the Internet, the business of e-publishers and e-bookstores is also increasing. More and more people are getting used to the Internet and are looking for various alternatives to the traditional way. One of the reasons for this may be because of its fast pace. The Internet is an easy way to be in touch with the world for those always on the run. Moreover these books can be downloaded for free.

Every year there are so many books written that it becomes practically impossible for a publisher to publish them and therefore very few authors are privileged to be accepted by the publisher? However in the case of Internet, there is no limit to publishing. So these books are converted to ebooks and are put on the Internet. Either the authors can promote and sell their books on finance themselves or can approach an e-publisher.

Finance ebooks can be on various topics right from basics of finance, cash flow management, financial planning, dealing with shares, to managing personal finance. There are books available on Tax as well. Some books also teach to analyse financial statements. There is no limit to the subjects for books on finance.

Finance ebooks are the key to the future. They have a variety of new authors and new topics. Imagine just having to carry only an e-reader instead of several books on finance. Students and professionals who need a finance book, can now turn to the variety available on the Internet and find any finance book of their choice.

Finance ebooks are available in various formats like pdf, html, Microsoft LIT, or Palm OS. You can purchase them depending upon your need and the software that can run in your computer. These can be bought online by using credit cards. Most of these files are huge and bulky so they are sent to the buyer in a zipped format. For this you should have a zip program in your computer to read them.

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Cutting Commercial Insurance Costs in the Restaurant Industry

We've been on the downward side of the commercial insurance curve for the past year and a half. In 2006, profits were at all-time high levels for the insurance industry. These record profits triggered a flood of capital into the insurance marketplace. Additionally, many new insurance companies sprouted and began operations; thus, competition and supply increased. As we all learned in know, when demand stays the same but supply increases, prices drop. The forecast for the immediate future is a continuation of the decline in insurance pricing for Liability, Property, Auto, and Workers Compensation. Over the past year and a half alone, restaurant owners have seen their insurance rates decrease by 15-40%.

Is there an end in sight? There is-once the carriers begin paying out more in claims and operating costs than what they are making in premium dollars. A hardening of this cyclical market will commence once insurance companies start seeing red in their bottom line again. Damaging hurricane seasons that produce large property losses or catastrophic events like 9/11 can certainly expedite the process. More litigation or especially large lawsuits pertaining to Workers Compensation, Food-borne Illnesses, or Liquor Liability can also cause increased prices for the Restaurant Industry. Additionally, there is always the next "claim du jour" that we have not thought about yet. For example, prices could be affected by class actions suits related to FACTS or other privacy suits cased by leaving credit card information on sales receipts.

Only one thing is certain: the hard market will be back. Regardless of whether market rates are increasing or decreasing, focusing on risk management, loss reduction, and paying attention to details can help you cut costs in any market situation. Considering the current state of the overall economy, cutting substantial costs now can help you save a few jobs down the line. Remember, sometimes the best defense is a good offense.

Consider these helpful hints that might help improve your insurance situation:

Location, location, location. Any successful restaurant entrepreneur must have the ability to analyze situations effectively and identify hidden opportunities. Consider the way you have set up your concept as an organization to locate potential savings. Some clients my firm works with lease their stores, and additionally lease their employees from a PEO. Property insurance and Worker's Compensation insurance are built into these costs. As a result, the restaurants utilizing this strategy gain greater levels of control and substantial savings by carving out those coverages and then negotiating from there.

Manage your claims. America may be the land of the frivolous lawsuit; if so, the restaurant industry is undoubtedly the epicenter. Is there anything more frustrating than getting served with a lawsuit and being clueless as to the circumstances underlying the claim? Of course, the lawsuit is usually from some mail-order lawyer who has a really "clever" saying like, "We take names, then kick butt!"

Executing prompt claims reports and tracking incidents are necessary components of solid claims management. You will also reduce claims costs. Properly set up these processes and procedures to protect your organization from potential surprises and minimize claims issues. Without doing so, you can become a target. Also, create special instructions for claims handling that dictate what claims will be paid. This allows you to avoid disrupting ongoing business in the event that a major loss occurs.

Choose the right partner. The commercial insurance industry can be a confusing and misunderstood place, and unfortunately there is plenty of incompetence floating around. Even worse, the brokers' commissions in commercial insurance are typically set up in such a way that you essentially pay the same price for a Filet Mignon as you do for a burger! However, my experience in the industry has taught me that lawyers, restaurant executives, and owners do not have the time to truly how commercial insurance really works.

What you need to do is team up with an insurance broker who has industry expertise, understands the market, and has a track record for consistent success. Do your due diligence and talk to references and restaurants the broker personally services. Keep in mind that you may hear something like, "We handle Brinker," but the actual team doing the work is in another office. Also, remember that your broker does not necessarily need to be local. They do, though, need to be active in the industry to be cognizant of industry-specific issues, be creative, and have some leverage to negotiate the best deal for you. Choosing a great broker can increased the bottom line by $ 25,000 + per location, contribute solutions across an organization, and enhance a balance sheet on both micro and macro levels.

Finally, when it comes to choosing the right broker, make sure that he or she is backed by a good team. No one person can effectively handle all of your commercial insurance needs. Choose a team that provides great service, handles claims and loss control, and has alternative risk expertise.

Have a renewal strategy. Do not let yourself get caught in the insurance cycle. If you work the cycle, it cannot work you. How can you effectively work the cycle?

o In soft markets, you may be compelled to cancel a current policy to take advantage of lower available rates. This, of course, will depend on how much you have already paid in premiums.

o You may also be able to free up more cash by lowering premiums mid-term, thus allowing you to release significant escrow dollars currently being held. You can, additionally, reduce the length and sting of the next hard market by extending current terms in the soft market.

o Always pay attention to what time of year your current policy is set for renewal. By negotiating rates at the end of a quarter, when insurance companies are seeking premiums to make their numbers, you can negotiate better terms.

o For coastal properties, make sure to renew before the hype of a new hurricane season rolls in.

As a general rule, renew early. You do not want to be held hostage by last-minute quotes. We are all familiar with the unappetizing terms presented in renewal options the day before renewal. You want to be able to have the quote early enough to be reviewed. Make sure that your broker allows this to happen. This way, if the terms are not to your liking, you have the luxury to look elsewhere.

The tips and hints listed above should offer some insight into what can otherwise be a confusing and frustrating endeavor. With that said, realize that there are always significant savings available in every aspect of every restaurant concept in the country. Risk management and insurance just may not be the first place most people look.

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Musical Instruments Give Delight to Our Soul

Most of us really love music. Why? Well, maybe because it is said that it is the delight of our soul. Music is indeed a delight to our soul. However, have you ever thought about learning musical instruments that most of the people have engaged in today? If you are thinking about it, then it is the time for you to take the initiative to realize these dreams. You would probably ask the benefits that you can get from it. Well, it helps your mind, your anxious emotion, and your body that is stressed. Because of its soothing effects, you will surely be relaxed.

Unlike other sports and events, playing instruments do not matter too much on the age of a person. Whatever age you are in right now, as long as you can handle instruments well, that is good enough. If you like, you can join bands for past times.

When it comes to our psychological being, music is very beneficial, most especially to the kids. It does not only relax their mind, this will also cause them to have a sharp thinking and would improve their reading skills. To the adults, this will cause their brains to be more agile and energetic.

Learning music is not a simple thing to do. With this, there is a need for you to devote your time and effort. You also need to have the discipline in every aspect of your being. Those people who are not well-disciplined have the tendency to be unable to reach their desire. It is true not only in learning musical instruments, but also in other events that you want to be involved in.

Playing musical instruments carry many advantages. You will experience that playing such instruments will give you a more soothing feeling, rather than just listening to it. At first, you may have a hard time in learning, and you will get frustrated. If this happens, just keep in mind that you cannot get what you want with a blink of an eye. Time and commitment should be present in learning musical instruments. This will help you to have a sense purpose in achieving what you want. If you are quite good enough in playing a particular instrument, then you will be having a lot of fun. It is better if you attend tutorials regularly so that you will learn fast.

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Gene Smith, The Ohio State University (OSU) Buckeyes Athletic Director (AD) – Bio

Gene Smith is the athletic director (or AD for short) of the Ohio State University (OSU) Buckeyes athletic program. Mr. Smith oversees a diverse assortment of both men’s and women’s sports for a school that has the unique distinction of being one of just four colleges to have won national championships in men’s football, basketball, and baseball.

The official appointment of Gene Smith to the heralded position of athletic director for Ohio State occurred on March 5, 2005. In leading up to his position as the head of one of the most robust college sports programs in the country Gene acquired relevant work experience while serving as the athletic director at Eastern Michigan, Iowa State, and Arizona State.

While many casual fans predominately think of football and basketball when they think of college athletics the spectrum of varsity sports is really quite diverse. In total Mr. Smith oversees approximately 900 student athletes that span a gauntlet of 39 varsity sports (20 women and 19 men). The Buckeyes have won national championships in numerous sports that are often forgotten about including synchronized swimming, gymnastics, and fencing.

Long before carrying the burden of the highly scrutinized position of Ohio State University athletic director Gene Smith was raised in Cleveland, Ohio not far from the Columbus, Ohio location of the main OSU campus. Smith was an athlete in his youth at St. Peter Chanel High School in nearby Bedford, Ohio and went onto the University of Notre Dame in Indiana where he earned an athletic scholarship as a defensive end for the football team.

Before graduating from Notre Dame in 1977 Gene was part of the 1973 national championship football team. Gene got his diploma in business administration and stayed with his alma mater as an assistant coach with the football program until 1981.

In 1981 Gene Smith experimented with a brief career stint outside the realm of college athletics when he accepted a job in the marketing department of International Business Machines (IBM). After two years in the private sector Smith realized that his true calling was a lifelong career devoted to collegiate sports.

In 1983 the Ohio native found a position at Eastern Michigan University where he was able to serve as an assistant athletic director. In 1986 Gene became the full time head athletic director at Eastern Michigan. Seven years later in 1993 Gene became the AD at Iowa State University where he dutifully served until the year 2000 when he moved across the country to Tempe, Arizona to accept the position as athletic director of Arizona State University.

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Merits of Having Healthy Food

In the modern era of having everything at the touch of a fingertip, a diet plan has become a trend to reduce weight. Having a healthy diet food is important to have proper and controlled diet. Basically it’s necessary to stick to a particular diet chart when on a diet. Diet chart is a plan to meet up with proper nutritional requirements. Healthy diet food is the key to having a prosperous lifestyle and staying away from diseases. It is difficult to achieve a healthy lifestyle if we do not consume healthy food.

Healthy diet may be followed for reducing weight or gaining proper weight. Also in case of certain health problems such as hypertension and diabetes, doctors recommend a diet plan. Diet food is mostly comprised of:

  • Fresh fruits/Dry fruits- They have a great supply of energy, vitamins and minerals. Also provide refreshment to the body.
  • Vegetables- Essential for providing proteins and carbohydrates, Vegetables are the main constituent of any dietary meal.
  • Dairy products- For supplying the energy and providing certain nutrients.
  • Grain products- Rich sources of proteins and nutrients.

We may as well define the healthy foods into three categories:

  • Healthy protein diet food- This category includes the protein rich food. Fish, poultry products, dairy products; dry fruits etc are the main components of this category.
  • Healthy carbohydrates food- It comprises of sources abundant in carbohydrates. Mainly rice, sweet potatoes, beans are the main sources of it.
  • Healthy fat diet food- Though having much fatty food can cause obesity, having fats in a limited manner can be healthy. Oil supplements, seeds, peanuts, butter, ghee are a rich source of fats. Fats if consumed in a controlled manner can be classified as a part of healthy weight loss food.

A balanced healthy diet food must contain food from all the above three sources in a harmonious way. It helps in maintaining a proper and smooth lifestyle if we stick to healthy food. Many people follow a particular diet for a small period of time and then leave it. It’s important to note that healthy diet foods must be consumed continuously to maintain a fit body.

Most people think healthy diet food is quite bad in taste and there is no variety available to eat from. Weight loss food is quite savoury and has lots of items as well. Oily and junk food is not a part of healthy food. These food items are likely to cause many diseases and hazardous illnesses. For having a healthy diet one needs to avoid them. People who enjoy unhealthy diet food are likely to suffer from dangerous diseases such as cancer, hyper-tension, heart diseases and diabetes.

One must consume the correct amount of calories as calculated according to the diet plan. Each food item carries particular calories. It’s necessary to consult a nutritional expert regarding the amount of calories a particular food item provides. Consuming healthy food is one way to stay away from illnesses and staying fit. It is the key element for staying fit!!!

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Architectural Services Building Up Modern and Nice Homes

The fast moving world has been witnessing the changes in every phase of human being and the same is case with Architectural services. So after analyzing the scarcity of the land and understanding the rapid increase in the demographic changes it has resulted in various developments in the field of Architectural design. The inspiration from the ancient architecture designs and after vast research and development it helped in discovering many new design patterns.

Architectural design involves the necessary services that help in the construction of buildings or monuments. However, with the huge competition one cannot expect to compromise with the reliability of architectural services. So the initial phase of architectural design initially starts with the selection of construction site as per clients’ requirement depending upon the type of building he wants to construct i.e residential or commercial. Upon selecting the site, the service providers of architectural design service will consider the building regulation act and client desires in preparing the design.

If you are one among the group of individuals who take the help of architectural services then they will assist you in acquiring the planning permission for your building. Their services also include completing the legal formalities required for building construction. After acquiring the planning permission the service provider will offer the services of the building contractors. And these contractors will help in selecting the right building material that can manage stress for long years.

Under the category of architectural services, interior design and exterior design is also included. They will make sure that your home is built with most efficient space management. The interior designers will take all things in to consideration and apply suitable color in your building to match the accessories such as furniture and other things offering a great living environment. However, choice will always be yours in decorating your home but to achieve the desired results professional services is essential.

Architectural design services aim to provide you with the ultimate provision of necessary services. They will see that proper sewage disposal and electrical supply is provided and most importantly the constituent forms of heat insulation. For highest standards of quality buildings with reliable architectural services you must contact salamonengineering.

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Python Programming Language Is Considered Better Than Other Languages

Python is a high-level scripting language. It is easy to learn and powerful than other languages because of its dynamic nature and simple syntax which allow small lines of code. Included indentation and object-oriented functional programming make it simple. Such advantages of Python makes it different from other languages and that’s why Python is preferred for development in companies mostly. In industries, machine learning using python has become popular. This is because it has standard libraries which are used for scientific and numerical calculations. Also, it can be operated on Linux, Windows, Mac OS and UNIX. Students who want to make future in Python are joining online video training courses and python programming tutorial.

Features of Python: A question to arise is why machine learning using python is preferred over other languages? This is because Python has some features over other programming languages. Here are some basic features of Python making it better than other languages:

  • Python is High-level language. It means the context of Python is user-friendly rather than machine language.
  • The interactive nature of Python makes it simple and attractive for users. In interactive mode, users are able to check the output for each statement.
  • As an Object Oriented Programming language, it allows reuse and recycling of programs.
  • The syntax of Python is extensible through many libraries.

Applications of Python: There are a lot of advantages of Python making it different from others. Its applications have made it a demanded language for software development, web development, graphic designing and other use cases. Its standard libraries which support internet protocols such as HTML, JSON, XML, IMAP, FTP and many more. Libraries are able to support many operations like Data Scraping, NLP and other applications of machine learning. Due to such advantages and uses, students are preferring python programming tutorial rather than other languages. Also, there are many online video training courses available, user or any interested candidate can buy them from any place. No need to worry about location, it can be learned from their home.

How to Learn Python: Since Python has shown its enormous applications and use cases. It is mostly used in Machine Learning and Artificial intelligence companies as a basic programming language. Students who want to start their career in AI and machine learning should have a basic understanding of Python. There are many online video training courses and python programming tutorial available to join. Further, it is an easy programming language to learn as a beginner. Online courses or tutorials can help the beginners to learn Python. It can be learned quickly because user can think like a programmer due to its readable and understandable syntax. With Python we can develop anything by computer programs, only need is to spend time to understand Python and its standard libraries. PyCharm is its IDE which makes interface so easy and comfortable while learning. With the help of debugging feature of PyCharm we can easily analyse the output of each line and the error can be detected easily.

Conclusion: Python is used in many big companies such as Google, Instagram, Dropbox, Reddit and many more which means more job scopes in Python. Due to increasing demand of Python programmers, students and beginners in industries are choosing Python as their core programming language. Also the features of Python make it very easy to learn. It can be concluded that Python is best language for beginners to start as well as a powerful language for development. It is good for scientific and numerical operations. Thus many students are opting online video training courses for python programming tutorial. So, they can learn from anywhere and make their career in Python programming.

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Soccer Coaching – A Missing Link to Motivation

One of the main dilemmas we soccer coaches can face is a perceived lack of motivation from our players. But what if our leadership approach is unintentionally de-motivating?

A big part of motivation comes down to moving from compliance to commitment. In our attempt to teach and be the authority we can tend to dictate. When we set all the goals and make all the rules the best we can hope for is complete compliance.

A definition for compliance is: conformity, obedience, surrendering power to another – especially in a weak and subservient way.

Not very motivating. When we consult our players on a regular basis (and yes, sometimes their parents) there is a significant difference. People will be committed to make something work if they are involved in the decision-making process.

A definition of commitment is: engagement, involvement, a promise, sincere purpose. Much more buy-in! If motivation is that easy, why don’t more leaders consult the group in their decisions?

1. It takes more time and effort. It does take time to gather input from everyone, but I think of it as an investment. My experience is that you will either spend the time gaining input on the front end, or you will spend time and energy on compliance issues and motivation on the back end.

2. The Control/Participation Dilemma – the feeling that you will not be truly leading the group if they make all the decisions. Also, the difficulty in finding the right balance between making the decisions and consulting others.

Here is a participation progression borrowed and adapted from the book, Managing People, by Jane Weightman. Tells – the leader makes all the decisions and announces them. The group is expected to comply. Sells – the leader makes all the decisions, but sells and convinces the merits of them to the group. Consults – the leader presents the issue, asks for input from the group and then makes an educated decision. Joins – the leader defines the limits and then lets the group make the decision. What have I found to be effective? I consult my players (and their parents when appropriate) on just about everything with my teams and join them on their decisions at times. If there is an area where they are completely inexperienced, I make a decision and sell it. I have almost completely abandoned telling them what the decision is and making them comply. The bottom line is:

Shared goals lead to higher commitment and greater motivation.

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Book Review – Financial Peace Revisited

Dave Ramsey’s last major book, “The Total Money Makeover”, has been a best seller for several years. It is his best book today. Also, it is one of the best book on personal finance out there. Prior to that book, the book, “Financial Peace”, was created as a self-published book. Then, it became a best seller and has been revised and revisited.

There is something soothing and calming about the title,”Financial Peace”. Everyone has a financial life- whether good or bad. Everyone (whether they care to admit) wants to have peace in their financial life. As mentioned on a constant basis by Dave Ramsey, personal finance is more personal than finance. There are a lot of emotions (and some logic) conjured up when you discuss personal finance.

It seems that most people handle their personal finance the same way they handle everything else in their life. There is a lot of complications, confusions, even negligence, indifference, good intentions, and other emotions and mixed feelings.

This book addresses many of those issues especially how money affects our relationships (and how our relationships affect our handling of money). The principles may seem simplistic such as KISS (Keep It Simple Stupid)- but they are crucial in order to succeed in your personal finances. The principle of simplicity (or KISS) is primarily an issue of dealing with cash and not credit. When we live on a cash basis, then we do not have to worry about interest rates, finance charges, fees, etc. We have simplified our lives to the better. As Dave Ramsey would say, we do not have to worship at the altar of the almighty FICO score. This is also applicable to co-signing loans. When we co-sign a loan, we pretty much are taking over the burden of paying someone else’s debt. By keeping our personal finances simple, we are respecting the other person as much as ourselves.

Another key principle the book discusses is the power of contentment. Contentment empowers us to restrain from spending on things or stuff that we do not need or even care about. Being contented would allow you to have less stuff that you do not need but have more cash. The book discusses this principle extensively and vividly in order to allow you to succeed in your personal finance.

Also, money affects our relationships. It is critical and crucial to not borrow from anyone or anything especially (and most especially) from friends or family members. The close the relationship; the more crucial it is to not borrow from that person. Owing someone money changes all the dynamics of that relationship.

This is a good book to read on personal finances. When you apply the principles, you will attain that elusive financial peace.

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