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Can We All Afford to Ignore This?

Can We All Afford to Ignore This?

What the heck is an  “Unfunded Liability”?

In our efforts to build the American dream, encourage people to work hard and be good law abiding citizens our society invented the safety net of social services and financial back ended rewards such as pensions and social security.  Great motivators—and I am all about motivation—however when you put in the time and then the reward is not there when you need it, it creates the “great consternation.” This ,my friends is called “Unfunded Liabilities.”

If you borrow money from a bank, you are expected to pay it back. If you gamble at a casino on your credit card, you are expected to pay back your losses. If you promise a friend to help them in the future, your friend expects you to help.

If you don’t have the cash to pay back the loan, squander your credit on gambling or have no intention of helping your friend—those are “Unfunded Liabilities,” which will damage your relationship.

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So, what happens?

A bank can harm your credit rating and you might lose the friend; the gambler may bring some real hurt to collect the debt.

I listen to talk radio a lot.  Being a talk show host leads you into the talk show world and I always want to improve not only the vocabulary, but to find new issues to talk about, plus I just enjoy the learning process.

So I have been hearing this term “Unfunded Liabilities” quite a bit. This is something I want to talk about more in depth, as it really gets my motor firing.

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I am convinced that the best way to deal with our nation’s unfunded liabilities is for each and every one of us to deal with our own, personal, unfunded liabilities whether it be health, fitness, happiness, and/or finances.

Let’s improve our quality of life

I want us all to improve our quality of life.

Ignoring debt can only make matters worse; head in the sand will not protect you when the tsunami hits the shore.

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Unfunded liabilities, entitlements, pensions and the like started as great ideas.  However, moving forward into the future, they have become an incredible hindrance.

We don’t have to do it alone. We can help each other solve our own problems together. Friends help friends, neighbors help neighbors, and, ultimately, citizens reach out to each other to improve our collective health, fitness, and finances.

That will make a lot of us happy.

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It is time to step up and fix things.  Through adversity grows opportunity I like to say.

We need to become engaged in the process of improving our QOL (quality of life), because our road trip is just beginning and we need all of the tools and supplies that will make this a memorable road trip into the future; so what are these “tools and supplies”?

QOL List

Here is the start of our list, and I would like everyone to contribute their own thoughts. No idea is a bad idea!

  1. Live in the moment and look forward to the future—reminiscing is ok but we have way too many cool things coming to dwell.
  2. Small steps to improve your QOL—great road trips take planning; making changes in your life take time, imagination, and a positive mental attitude. Now we are talking.
  3. Accept the fact that to worry about unfunded liabilities and entitlements is a waste of time. Strategize. Find your passion and don’t sweat the small stuff.
  4. Build your foundation for the roadtrip by equipping the bus with all of the tools that will empower us to have a blast, be it education, training, or volunteering, nutrition, fitness and rest—all of these tools need to be in our toolbox.

With all your help, we can accomplish this!

Featured photo credit: US Federal Government via google.com

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tom matt

Talk show host, Author, Professional Inspirational Speaker, Higher Education-Telecommunications Professional

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Last Updated on February 18, 2019

Why It’s Never Too Late To Redefine Yourself

Why It’s Never Too Late To Redefine Yourself

The ability to reinvent and redefine yourself is a bold, daring and purposeful choice. It doesn’t just happen. You have to make a conscious, intentional choice and then follow through.

If the thought of forging a new path, changing habits, thought patterns and your inner circle of friends scares you – you’re not alone. Change can be a very scary thing. It takes courage, fortitude and a bit of faith to decide to shed your old self and don a new persona. However, it is one of the most critical processes one must repeatedly endure in the pursuit of destiny. Change unlocks new levels of potential.

The Need for Change

Everyday when we wake up, we make a decision. We decide to follow our routine or we decide to go off script and shake things up a bit. For those who are creatures of habit, routine is comfortable, easy and produces very little stress. The problem with this is, after a while you stop growing.

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We all reinvent ourselves at some point in our lives. It is absolutely necessary to achieve certain levels of success.

Reflect back on who you were as a teenager and then who you were at 25. Those are two very different people. Most of us are completely different. Your thought patterns changed, your appearance, job, level of education and even your friends– changed. We like to refer to this as “growing up” or maturing and consider it to be one of life’s natural progressions. However the changes you made were purposeful and deliberate.

This process must be a lifelong and continuous cycle. You are never too old to refresh yourself.

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Happy_old_man

    Signs It’s Time to Redefine

    “Just as established products and brands need updating to stay alive and vibrant, you periodically need to refresh or reinvent yourself.”– Mireille Guiliano

    So how do you know when it’s time for a system upgrade? There are signs along the way that alert you that it is time for an overhaul. The first sign is the feeling of being stuck. If you feel like you are in a rut, you’re bored with life or you need some newness and excitement, a self reinvention may be in order. Re-evaluate your life vision and your goals. Is that vision still valid and are your goals consistent with your vision and–are they achievable? If you are off course, it’s time for a change. If you are not moving forward and making progress, it’s time for a change.

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    In life, there’s no such thing as neutrality–you’re either moving forward or you are moving backward. Time constantly moves forward and if you are standing still, you are actually losing ground. No matter your age or stage in life– there is always room for improvement.

    “You’re never too old to set another goal or dream a new dream.” ~C. S. Lewis

    The second sign that you are due for a change is the occurrence of major life events in which change is forced upon you. Getting married, starting a new job, being promoted, ending a relationship, becoming a parenting or relocating are all prime opportunities to completely overhaul your life.

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    When these major shifts occur in your life–you have to shift with them. You can’t have a single mentality and have a successful marriage. You can’t remain selfish and irresponsible, and raise a healthy, well-adjusted child. You can’t be promoted to a supervisory position and keep the same subordinate attitude. Each level of success requires something different from you.

    Aronld in Predator

      Consider, for a moment, Arnold Schwarzenegger. People may have different opinions about his character and some of his life choices, but he is a master at reinventing himself. He achieved the ultimate success as a professional body builder by earning the title “Mr. Universe” three times. He then earned a tremendous amount of fame and fortune in the entertainment industry making action/adventure films. And in his latest role, he served two terms as the Governor of California. He succeeded as a professional body builder, a film star and a politician. Each role required massive amounts of change, commitment, strength and hard work.

      And if Arnold can do it…so can you!

      Featured photo credit: BK via flickr.com

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