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Monday, May 21, 2012
Quick to Criticize, Slow to Praise
Take a minute to think about your experiences doing business during your day. I would daresay that the overall majority of your business dealing go forward positively and satisfactory, but how often do you praise the businesses and individuals beyond a quick thank you as you conclude the business dealing? My guess is that most of us do not go out of our way to praise. On the contrary, think back to the businesses dealings that did not go well, which is likely not very many overall. We are very likely to express our displeasure, often including going to a manager/supervisor or submitting a complaint/bad review on the web.
Now making issues with poor service or poor quality may be appropriate, but shouldn't we be just as likely to praise another for positive efforts? What kind of society do we live in that seems to value tearing people down? Was the issue you are complaining about really that bad? Is the person you are complaining about really trying to hurt you? Our actions affect others, not just the big things, but the little things too. Often we are too obsessed with making sure our needs are meant to perfection without regard for the other people "getting in the way."
The people in our lives certainly should be doing things the right way but we need to be quick to praise and slow to complain. Often complaints and negative feedback will frustrate people, causing further mistakes and issues. Positivity can do wonders for your health and the health and performance of those around us, try it, it is a great feeling!
John 8: 1-11
But Jesus went to the Mount of Olives. At dawn he appeared again in the temple courts, where all the people gathered around him, and he sat down to teach them. The teachers of the law and the Pharisees brought in a woman caught in adultery. They made her stand before the group and said to Jesus, “Teacher, this woman was caught in the act of adultery. In the Law Moses commanded us to stone such women. Now what do you say?” They were using this question as a trap, in order to have a basis for accusing him.
But Jesus bent down and started to write on the ground with his finger. When they kept on questioning him, he straightened up and said to them, “If any one of you is without sin, let him be the first to throw a stone at her.” Again he stooped down and wrote on the ground.
At this, those who heard began to go away one at a time, the older ones first, until only Jesus was left, with the woman still standing there. Jesus straightened up and asked her, “Woman, where are they? Has no one condemned you?”
“No one, sir,” she said.
“Then neither do I condemn you,” Jesus declared. “Go now and leave your life of sin.”
---------------------Picture found at founds***.com---------------------------------------
Thursday, May 17, 2012
The Credit Score
The other day I had an interesting conversation with a friend about the credit score and its importance. I believe the credit does have its uses but is often overused and its value overestimated. Te short story is: Your credit score tells a finance company/bank if you know how to get loans, and if you pay them back. If it is high, you are really good at getting loans.
To some this may seem like the exact purpose of credit scores, but there is so much more to your credit than just a score. For example, if customer A has a 800 credit score, makes 3000/month, and pays 2500/month a business would be remiss to give this client a loan. On the flipside, customer B lets say has a score of 580, but have perfect credit in the last three years, makes 3000/month, and only pays 700/month.
This scenario is actually more common than you think. Which client is a better loan? Granted client B is not going to get a good interest rate, nor a loan without solid collateral, but client B may not be such a bad loan as one might think. Before the credit crisis, particularly in mortgages, loans were being given purely on the basis of the credit score, thus causing landlords to owe more than they made each month. As long as they kept renters in their homes everything was good, but when renters started getting evicted, and they couldn't fill the homes, they got foreclosed on.
Maintaining your credit is not a bad thing, and a good credit score is a very good thing, but the moral of the story is: Don't get overly concerned about you credit score, simply pay your bills, every months, on time while being sure to keep your credit ratio (Amount you pay/Amount you make) to around 25% and with a mortgage aim for no more than 35%. Credit scores work, but it is not necessary to constantly think about it. Personally may goal is to have a perfect score of zero (AKA completely debt free)!
