Why 70% of lottery winners end up bankrupt

What to do if you win the lottery and not end up broke.

I cover a range of topics in this talk including:

  • Why lottery winners go broke
  • What to do if you win the lottery
  • My own thoughts on personal finance
  • Why money won’t make you happy

 

What are your thoughts on winning the lottery? Leave me a comment and let me know! I respond to every comment ๐Ÿ™‚

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Why I don’t listen to everyone who gives advice

Be careful who you take advice from.

One of my biggest pet peeves and why I sometimes tend to tune people out when they try and tell me what to do.

Anybody else feel this way? Leave me a comment and let me know if you agree!

Would you rather be stuck in traffic or under a tree?

Why perspective goes a long way.

Would you rather be stuck in traffic caused by a fallen tree, or be the one who’s car had the tree fall on?

This talk was spurred obviously by my frustratingly delayed commute to work. Given my commute is only about 8 minutes, but it turned into 25 minutes, which really annoyed me.

Until I got closer to the reason why there was traffic, and then instantly I changed my attitude. I would rather be in traffic than have my car totaled by a fallen tree.

I think the key idea here is this: there’s always something worse that could have happened.

Also that #gratitude goes a long way in how you see your day going. Whether you’re having a good day or a bad day is soley dependent upon your attitude or mindset.

Why our greatest successes come from our biggest failures

Why our challenges and setbacks are necessary for success.

This idea came from me listening to Eminem’s new album Kamikaze on repeat. Needless to say, I’m lowkey obsessed with it.

Fanboying aside, I wanted to discuss the idea of how we can “turn setbacks into comebacks” as my pastor Rick Warren always says in his sermons.

Key idea: our greatest successes usually come from our greatest setbacks. If you study any successful person, there will usually be a huge setback that came before their breakthrough. This is the fuel for their fire.

Something that crushes weak people is simply motivation for the strong. And the difference between a weak person and a strong person is simply their mindset on how they see the challenge.

When you’re an introvert surrounded by extroverts

Why we shouldn’t force others to communicate like us.

This talk was spurred by a discussion I was in where one lady felt uncomfortable because someone an introverted person wouldn’t communicate like the other extroverts.

It’s my belief that when you feel uncomfortable with someone else’s personality, its 100% your responsibility/fault, not theirs.

We shouldn’t try and force people to adapt to our communication style.

Instead, we should accept people for who they are and be more understanding that not everyone is like us.

Just my 2 cents.

How to spend more money guilt-free

The key to spending more is to know what you value and what brings you happiness.

For many of us, we feel like we’re not good with our money.

  • We spend more than we think we should
  • We buy things that don’t make us happy long-term
  • We get buyers remorse often
  • We find we have less money at the end of the month
  • We’re constantly waiting for payday so we can feel good again

The key to being able to spend more is to:

  1. Know what you value, what brings you true joy, and spend more on that
  2. Cut mercilessly on things we don’t value or doesn’t bring us lasting happiness

From there, you can develop your own “conscious spending plan” as outlined in the book I Will Teach You To Be Rich by Ramit Sethi.

To Improve Your Life, Improve Your Friends

One of the most effective ways to improve the results you’re getting. Surround yourself with those who elevate you.

 

โ€œYou are the average of your 5 closest friendsโ€

This โ€œThought of the Dayโ€ centers around the idea of how the easiest way to predict our future is to look at who we choose to surround ourselves with.

Constantly find groups that will push you to become your better self.

Take on leadership positions to force yourself to take on new challenges.

Choose growth over comfort.

Special thanks to the Campuswide Honors Program (CHP) at UCI for elevating my mindset and being a part of my personal journey to where I am today ๐Ÿ™๐Ÿผ

The most expensive thing you can own

One of my greatest fears and why I keep learning.

“If you’re green, you’re growing. If you’re ripe, you’re rotting.” – Tony Robbins

Key Topics:

  • One of my greatest fearsย ๐Ÿ˜ฑ
  • Why I enjoy reading so muchย ๐Ÿ“š
  • Why knowledge is like a spider’s web
  • Older people compared to younger peopleย ๐Ÿ‘ถ๐Ÿป๐Ÿ‘ด๐Ÿผ
  • The most expensive/costly thing you can ownย ๐Ÿ’ธ

Continue reading “The most expensive thing you can own”