The meme below is an example of plan for the worst and hope for the best. It is best of us not to be ignorant and always be prepared for worse case scenario.
One of my favorite brand is Patagonia. The brand was started by a band of climbers & surfers. It was inspired by their minimalist/utilitarian approach to style. Founder Yvon Chouinard is a rock climber and alpinist who quickly became a trailblazer in conscious business and a hero among environmentalists. His motto is “don’t buy what you don’t need”. I think that is a refreshing and honest look at consumer culture. Most of their products made from recycled materials or raw organic cotton. The founder of Patagonia also wrote a book about his journey on building his business. (both pictures are from patagonia.ca)
Telling Tales I am going to share with you guys the power of compounding. Most of us is in the early 20s. We probably have not think about our retirement yet. Lately I have been learning more about investing and discover the power of compound interest. Here's a gif from the balance to explain more about it. One compound interest example: Let’s say if you are in the age 20, invested $1,000 today. If you didn’t touch it until you retired at age 70, your money could increase by 32 times. That means that you could end up with around $32,000. (Assuming growth rate of around 7%) But what if you waited another 10 years. Let say you were 30 years old and invest that $1,000 and leave it be until retirement? In that case, you’d only end up with half as much as above, just $16,000. And if you waited until 40? That’d cut the amount you’d be left with in half again: around $8,000. BUT what if you were to invest that $1,000 at age 20 and contribute $83 a month (around $1,000 a year) until...
One of the stressful conversation I had was at work. It was the "You are attacking me" type of stressful conversation. It was an exchange between me and a customer. I work in a retail industry where I have to be nice to the customer. This time, the customer was complaining about something that beyond my department and my control. He basically asking for a refund on an item that already passed the refund period and keep insisting to do it. I had to politely direct him to the customer service so they might be able to assist him. However, the guy keep insisting for me to fix his problem. So I start by acknowledging and letting him know that I understand his frustration. He was calming down for a bit and finally agreed upon going to customer service to resolve his problem.
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