« Unite and Win | Main | Catch and Release »

12/07/2010

The Right Thing

Walking Home Today I watched an interview on the Fox News website with a professor from the University of Arizona. I don’t usually watch interviews like this, but the title caught my attention: “When to Walk Away from a Mortgage.” 

I invite you to go listen for yourself. All I can say in response to this interview is that walking away from your obligations is a bad idea.

I don’t mean to imply that there aren’t situations in which honest people must make difficult decisions. But this professor stated that walking away from your mortgage – even if you can still afford it - is an acceptable practice, and that people should not feel any guilt or shame.

For the record, guilt and shame are not good feelings, and I don’t wish them on anyone. However, if you conduct yourself in manner that is bad for you, your family, and the country, failing to take responsibility for your actions can only do long-term damage to you and those around you.

If you are going through difficult financial times, there are some key strategies that may help you through.

Guilt, shame, panic, and fear are all emotions that can hinder you from making wise decisions about your future. If you are experiencing any of these, you must first step back and objectively analyze your emotions so that they do not control your actions. You may want to consider prayer and meditation.

Furthermore, many people isolate themselves in difficult times. This is completely contradictory to what you should do. I implore you to surround yourself with people who will not judge you, but rather listen to you and calmly provide you with wise counsel. This takes courage simply because it is not what most people want to do in these seasons.

I am cognizant of the fact that there are circumstances in which we must make difficult decisions. But I have to wonder how many people could pull themselves out of danger by not allowing their emotions to take over and surrounding themselves with people who can help.

For all of you who are not in a difficult position (or even if you are), this is a good time to make your plans for next year. Be great at your vocation and do all you can to be disciplined and diligent in your job. This is what the medical profession calls “preventative care.”

Cheers to finishing this year with renewed energy, direction, and passion.

Coach Steve

 

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00e553674eb288340148c67e0c94970c

Listed below are links to weblogs that reference The Right Thing:

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

The comments to this entry are closed.

A Building Champions Blog

Search


Subscribe

Enter your email address:

Powered by FeedBurner

Great Quotes

    • "Try not. Do, or do not. There is no try."
      - Yoda
    • "Inspiration does exist, but it must find you working."
      - Pablo Picasso
    • "It takes years of hard work to become an overnight success."
      - Diana Rankin
    • "It is curious - curious that physical courage should be so common in the world, and moral courage so rare."
      - Mark Twain
    • "Our ultimate freedom is the right and power to decide how anybody or anything outside ourselves will affect us."
      - Stephen Covey
    • "If you choose not to decide you still have made a choice"
      - Rush, from the song Freewill
    • "If a thing is worth doing, it is worth doing poorly"
      - GK Chesterton
    • "When deeds speak, words are nothing"
      - African proverb
    • "Nothing diminishes anxiety faster than action!"
      - Walter Anderson
    • "So often times it happens, we all live our life in chains, and we never even know we have the key."
      - The Eagles
    • "The only people with whom you should try to get even are those who have helped you."
      - John E Southard
    • “Success in business, as in life, consists not only in the ability to persevere but the humble willingness to start over."
      - Dale Carnegie
    • "Vitality shows in not only the ability to persist but the ability to start over."
      - F. Scott FitzScanlon
    • “Hope is putting faith to work when doubting would be easier.”
      - Author Unknown
    • “Never Doubt a small group of dedicated people can change the world; indeed it is the only thing that ever has.”
      - Margaret Mead

Top Ten...

Key Tactics to Guard Your Mind and Heart in 2009
  1. Review your Strategy Regularly
  2. Give Abundantly
  3. Focus on your Health Account
  4. Schedule a Sabbath Day
  5. Limit Media
  6. Measure Like Your Life Depended On It
  7. Daily Meditation and Quiet Time
  8. Give Your Best to Your Best
  9. Be With People: S.U.C.C.E.S.S.
  10. Stay in Community

Must Reads

  • Daniel S. Harkavy: Becoming a Coaching Leader: The Proven Strategy for Building Your Own Team of Champions

    Daniel S. Harkavy: Becoming a Coaching Leader: The Proven Strategy for Building Your Own Team of Champions
    Do not read this book if you are looking for a great story. Instead, Daniel’s book is more like a field manual for anyone who is interested in knowing more about what business and life coaching are all about. It is, furthermore, for the leader who wishes to improve his or her skill in creating a culture of people who embrace accountability and desire authentic life and business change. There is no other work like it.

  • Roger Nierenberg: Maestro: A Surprising Story About Leading by Listening

    Roger Nierenberg: Maestro: A Surprising Story About Leading by Listening
    I saw Roger perform his Music Paradigm 5 years ago and am thrilled that he came out with this book. The lessons are timeless and the story is very good. This was a creative way to get the power of sitting in that orchestra out to many more people. Great read for anyone who wishes to improve as a leader.

  • Patterson, Grenny, Maxfield, McMilan, and Switzer: Influencer: The Power to Change Anything

    Patterson, Grenny, Maxfield, McMilan, and Switzer: Influencer: The Power to Change Anything
    From the same group of authors who brought out Crucial Conversations, this book is a must for anyone who has a role to influence others – which is practically everyone! One of the best I have ever read on how to effectively change behavior. If you have ever thought that people are talented or untalented because they are born that way and there isn’t much that outside influence can do to change that, this read will change your mind.

  • Chip Heath: Made to Stick: Why Some Ideas Survive and Others Die

    Chip Heath: Made to Stick: Why Some Ideas Survive and Others Die
    As first-time authors Dan and Chip Heath hit it out of the stadium with Made to Stick. The book is essentially a “how to” manual on getting your ideas to stick in the minds of others. The book reads very well and is laid out in a way that makes it easy to digest and apply. I also like the style of writing because of the cafeteria-type plan of application – you can choose to deploy some things and not others. All in all a great read and a smashing success for these two young brothers. Cannot wait for their next project.