Invest in Yourself

The meaning of things lies not in the things themselves, but in our attitude towards them; Just change your perspective & your world changes

The mind is everything. What you think you become
Watch your thoughts, they become words.Watch your words, they become actions
Watch your actions, they become habits.Watch your habits, they become character
Watch your character, it becomes your destiny ...

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Procrastination vs DoItNow

Real procrastinators tell themselves five lies

• They overestimate the time they have left to perform tasks.

• They underestimate the time it takes to complete tasks.

• They overestimate how motivated they will feel the next day, the next week, the next month -- whenever they are putting things off to.

• They mistakenly think that succeeding at a task requires that they feel like doing it.

• They mistakenly believe that working when not in the mood is suboptimal.


Dr. Ferrari recommends these strategies for reducing procrastination

1. Make a list of everything you have to do.

2. Write a statement of intention.

3. Set realistic goals.

4. Break it down into specific tasks.

5. Make your task meaningful.

6. Promise yourself a reward.

7. Eliminate tasks you never plan to do. Be honest!

8. Estimate the amount of time you think it will take you to complete a task. Then increase the amount by 100%.


Do it Now Tips

Energize your priority efforts by addressing the most important first.

Move yourself toward achieving productive outcomes.

Operate by keeping your focus on long-term advantages.

Tolerate-but don't give in to-emotional signals for needless delays.

Integrate realistic thinking with self-regulated actions to achieve stated objectives.

Overcome diversionary unstated agenda urges by "do it now" actions.

Nudge yourself in the direction of Y decisions that lead to productive results.


ref:

http://www.psychologytoday.com/blog/science-and-sensibility/201003/emotions-decision-making-and-procrastination


Posted by Krishna Kishore Koney
Labels: PSYCHOLOGY

Endowment Insurance vs Term Insurance

There are 3 main types of insurances
1. Endowment Policies [With money back ]
2. Term Policies [Without money back]
3. ULIP type

Term insurance
- this is a fixed term insurance .. say 20 yrs, 25 yrs etc
- it gives protection, but no investment, no cash value at maturity
- high protection, low saving.

Endowment insurance
- this is also a fixed term insurance - 18 yrs, 30 yrs etc
- it gives minimum protection, but higher cash value and savings
- this is more for retirement saving or education fund saving.
- at maturity you get a maturity value normally more than the money you put in



ref:

Term vs Endowment Insurance -
http://thedragonflypage.blogspot.com/2007/11/term-vs-endowment-insurance-policies.html
http://www.investmoneybetter.com/2010/01/term-insurance-vs-endowment-insurance.html

Is ULIP a good investment -
http://blog.investraction.com/2005/11/ulips-good-investment.html

Posted by Krishna Kishore Koney
Labels: FINANCIAL PLANNING
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Krishna Kishore Koney
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who am i

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Krishna Kishore Koney

Blogging is about ideas, self-discovery, and growth. This is a small effort to grow outside my comfort zone.

Most important , A Special Thanks to my parents(Sri Ramachandra Rao & Srimathi Nagamani), my wife(Roja), my lovely daughter (Hansini) and son (Harshil) for their inspiration and continuous support in developing this Blog.

... "Things will never be the same again. An old dream is dead and a new one is being born, as a flower that pushes through the solid earth. A new vision is coming into being and a greater consciousness is being unfolded" ... from Jiddu Krishnamurti's Teachings.

Now on disclaimer :
1. Please note that my blog posts reflect my perception of the subject matter and do not reflect the perception of my Employer.

2. Most of the times the content of the blog post is aggregated from Internet articles and other blogs which inspired me. Due respect is given by mentioning the referenced URLs below each post.

Have a great time

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Hanging on, persevering, WINNING
Letting go, giving up easily, LOSING

Accepting responsibility for your actions, WINNING
Always having an excuse for your actions, LOSING

Taking the initiative, WINNING
Waiting to be told what to do, LOSING

Knowing what you want and setting goals to achieve it, WINNING
Wishing for things, but taking no action, LOSING

Seeing the big picture, and setting your goals accordingly, WINNING
Seeing only where you are today, LOSING

Being determined, unwilling to give up WINNING
Gives up easily, LOSING

Having focus, staying on track, WINNING
Allowing minor distractions to side track them, LOSING

Having a positive attitude, WINNING
having a "poor me" attitude, LOSING

Adopt a WINNING attitude!

Failure is not falling down, it is not getting up again. Success is the ability to go from failure to failure without losing your enthusiasm

Where there's a Will, there's a Way. Keep on doing what fear you, that is the quickest and surest way to to conquer it

Vision is the art of seeing what is invisible to others. For success, attitude is equally as important as ability