Twinkie's World

Hunger Games

2011-12-12T21:54:00.000-08:00

According to some of my students, this is the "It" book right now. I'll be reading it during winter break once my finals are over...can't wait!

Thoughts on Rich Dad, Poor Dad

2011-12-12T21:52:00.000-08:00

I finished the book faster than I anticipated and decided to take a little grading break right now to blog about the book.
Things I Learned:
1. I need to develop my "Assets" column (page 89); assets generate income whereas a liability siphons money away from my income stash. Right now, I don't have many things that can be categorized as an asset. The house I own is right now a "liability" under this definition. :(
2. Personal corporations (page 104)...I'll have to look into that and see if it's even worthwhile for me to create one for myself ultimately.
3. Ask "How can I afford it?" rather than simply stating, "I can't afford it," which closes off any brainstorming possibilities.

Immediate Applications:
1. Reassessment of my talents, skills, and resources
2. Brainstorming of how I can harness the things from above (number 1) better to be more lucrative. Why spend the same amount of energy and time and make a fraction of what I could potentially make?
3. Currently restructuring a summer scholastic program that I had quickly organized this past summer for a mother who was concerned about what to do with her two boys. This impromptu study session for the summer surprisingly attracted around 10 teens, and I was able to provide part-time jobs for two college students! The prep center, if one can call it that, started informally and within a week simply by word of mouth. Imagine the possibilities with proper planning for Summer 2012?!
4. Streamlining my job opportunities and diversifying more into the private and public sectors of the education market

Conclusion:
The book was fast-paced and worth the read. If nothing else, it got me off my proverbial lazy butt and actively thinking about maximizing my potential. If anyone else has read this, please let me know your thoughts.

Currently Reading...

2011-11-29T14:24:00.000-08:00

Odd as this may sound, I always leave something in the bathroom to read. Strange? I've even moved a small stand/table to facilitate my love of reading. LOL. I mean, isn't this a great way to multi-task? ;)

Anyhow, I'm currently reading Rich Dad, Poor Dad, which has been eye-opening for sure. The age-old parental advice of "study hard and work hard so you can be financially stable" is being challenged and/or modified by what I'm reading. Of course, the study hard and work hard ethic still applies, but I'm realizing that whereas I've spent the better part of my life developing my "Intellectual IQ," I've sadly neglected my "Financial IQ."

I'll jot down some of my thoughts from this book once I'm done, but it won't be for a while with all my grading and finals. In the meanwhile, I'm slowly working on my financial IQ during my bathroom breaks. LOL.

By the way, since I'm using my website www.koreandramareviews.com as a forum for my stories when I do actually write something creative, I thought I'd convert this blog into a site for what I'm currently reading. I hope those of you who find and read this blog will leave me suggestions for future readings.

Have a faboo day!