Tuesday, June 30, 2009

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Monday, June 29, 2009

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Thursday, June 11, 2009

Subject: What If...

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Wednesday, June 10, 2009

Eight tips for how money CAN buy you happiness

The relationship between money and happiness is one of the most interesting, most complicated, and most sensitive questions in the study of happiness.
Studies show, unsurprisingly, that money’s impact on happiness is greatest when you have the least amount of money.
But if you’re one of the lucky people who has enough money to cover the basics – food, shelter, even a car -- does that mean that money can’t make a difference to your happiness? Some happiness experts argue yes, but I think that’s…ridiculous.
The secret to using money to buy happiness is to spend money in ways that support your happiness goals.
Imagine that you have a certain amount of extra cash. How should you spend it?
One option: a fancy new TV set. Enticing. The fact is, however, that the new TV won’t give you much happiness bang for your buck. The hedonic treadmill describes our tendency to adapt quickly to changed circumstances -- which means you’ll get a big kick out of the TV for a short while, but you’ll soon take it for granted.
The hedonic treadmill means that buying STUFF isn’t very satisfying, but there are ways to spend money that are likely to help give you enduring happiness. Spend money to…
1. Strengthen bonds with family and friends. Studies show that having close relationships is one of the most important elements of a happy life. Pay for a plane ticket to visit your brother’s new baby, go to your college reunion, throw a Superbowl party.
2. End marital conflict. If you’re constantly arguing about the unkempt lawn, or the moldering laundry, see if you can throw some money at the problem. Can you hire the teenager down the street to clean out the garage?
3. Upgrade your exercise. Studies show that one of the quickest and surest ways to boost your mood is to exercise. If spending money on a new iPod, a more convenient gym, or a new pair of yoga pants will make it easier to get yourself off the couch, that's a good happiness investment.
4. Think about fun. Ask yourself – and be honest – what’s fun for you? Fishing, bird-watching, travel, hunting through flea markets, experimenting in the kitchen, skiing, scrapbooking? Make sure that your calendar reflects some activities that you are doing just for FUN. For happiness, you’re better off using your money to have a great experience than to gain a possession.
5. Serenity and security. Peace of mind is critical to happiness, so use the money to pay down your debts or to add to your savings.
6. Pay more for healthy food. It’s a sad fact that fruits, vegetables, and healthy food are more expensive than fast food, but eating healthfully will pay off in the long run, in terms of your good health and energy.
7. Spend the money on someone else. One of the best ways to make yourself happy is to make someone else happy. Think about ways you could spend the money that would make a big difference to someone else -- whether someone you know, or a cause you support. How many new books could the library's children's room add to the shelves?
8. Think about YOUR priorities. Two years ago, some friends decided to skip an anniversary trip so they could use the money to buy a super-expensive Dux bed. I thought this was a bad idea, because the “hedonic treadmill” would mean that they’d quickly get used to the new bed. Oh, no. They still rave about their Dux bed. So maybe that fancy new TV set would mean a lot to you, although I, for one, would hardly notice the difference. As always, the key to any happiness question is to know yourself, and what makes YOU happy

Tuesday, June 2, 2009

6 Signs Your Job May Be in Jeopardy

If you're worried that the daily dose of bad news about the economy could impact your next paycheck, you're not alone.
More than 2 of 3 respondents to a recent Yahoo! poll believe their job is in jeopardy due to the current economic slowdown.
While you never can be completely prepared to lose your livelihood, there are certain signs that may indicate that your job could be at risk.
Your Performance Assessment
First, ask yourself some tough questions about your role at work, recommends business coach and author Mary Key. Your answers will provide good indicators.
The questions include: What would be the impact of your departure? What kind of ROI (return on investment) is your employer getting from your performance? Have you gotten positive reviews? Do you get along with coworkers? Can your skills translate to other positions within the firm?
"If you are unsure of the answers to these questions, or if you have some responses that might be negative, your job may be on the chopping block in a downturn," says Key, who heads the leadership practice for i4cp, The Institute for Corporate Productivity, in St. Petersburg, Florida.
Time's Not on Your Side
Having extra time for two-hour lunches, marathon computer games, and multiple instant-message chats with loved ones doesn't bode well for a long future in your current position.
"If you were once a busy professional and now work is being taken away and given to someone else, or you're not being assigned new work, you should start asking some questions," says life and career coach Annemarie Segaric.
Where Have All the Clients Gone?
If the new business team seems to be spinning its wheels, as major clients jump ship and they are not replaced, your job could be on the hit list.
"There is only so long that your boss can be giving you busy work," says Roberta Chinsky Matuson, president of Northampton, Massachusetts-based Human Resource Solutions. "Eventually, his boss will catch on, and it will be time to go."
Experienced Workers Need Not Apply
Warning: Your company starts posting openings for entry-level workers, without announcing new initiatives or experiencing a mass exodus of employees.
"This is a clear sign that they are trying to cut payroll costs by hiring less experienced people," Matuson says. "It won't be long before you receive the pink slip."
The Risk of Mergers
If bad times drive your company to merge with a rival, start polishing your resume, advises Kevin Steele, president of The Winter, Wyman Companies.
"In almost all cases, there are many employees whose job responsibilities are duplicated by someone at the acquiring company, and, in an effort to cut costs and maximize ROI, the acquiring company will usually move quickly to eliminate the overlap," Steele says.
Friends in Similar Places
When friends or others you know who have equivalent jobs in the same or a related industry begin to suffer layoffs, know that you could be next.
"Layoffs happen in waves," says Segaric, author of "107 Tips for Changing Your Career While Still Paying the Bills." "What goes on in other companies can be used as a barometer for what is happening in the industry as a whole."