Personal Finance News Saturday 5/4

Phil's Personal Finance Tip of the Day:

Strengthen your memory
May 2, 2013 By Harvey Mackay

“Do you know what today is?” a wife asked her husband as he left for work.

“Of course I know what today is,” grumped the husband.  “I can’t believe you would think I would forget such an important day.”  And with that the husband rushed to his car to conceal his panic and embarrassment.  Had he forgotten their wedding anniversary again?

That evening the husband returned home bearing a dozen roses and a beautiful dress from his wife’s favorite boutique.  “This should win me some points,” he thought to himself.

His wife could barely contain her excitement.  “My goodness!” she exclaimed.  “A dress AND flowers.  What a wonderful surprise.  But tell the truth, do you know what day this is?”

“Of course,” said the husband confidently.

His wife said, “Today is Arbor Day!”

Will he forget Arbor Day ever again?  Probably not.  But he will have a tough act to top his anniversary!

Most people who claim they have a poor memory actually have an untrained memory.  Twenty percent remember by hearing, so say things out loud.  Forty percent remember by seeing, and the other forty percent by doing, so write things down to prove to yourself that you know it.

But this isn’t anything new.  Confucius said 2,500 years ago:  “What I hear, I forget.  What I see, I remember.  What I do, I understand.”

You have heard me say many times – Pale ink is better than the most retentive memory.  In other words, write it down.  Brain clutter and interruptions can detour the best intentions to remember.

Ever had a great idea that you forgot almost right away?  Most of us have, and it can happen more frequently as we grow older.  It’s often said you can’t teach an old dog new tricks, but just about any healthy person can improve his or her memory. 


To read the entire article from Harvey Mackay:
http://harveymackay.com/column/strengthen-your-memory/


Inspirational Quotes@Inspire_Us from Twitter:
I can't go back to yesterday - because I was a different person then. - Lewis Carroll


Hi my name is Philip J. Miano and I am the founder of PJM Personal Finance and Productivity Coaching specializing in Budgeting, Debt Reduction, Bank Reconciliations, Goal Setting, Time Management, and Organizational skills. Please visit my website: http://pjmcoaching.com.