Friday, August 13, 2010

10 Ways to Get Rich, as told by Warren Buffett

This article was featured in the 2008 Parade magazine. I saved it because I thought it was interesting and his advise was wise and practical.

1) Reinvest your profits. Don't be tempted to spend it.

2) Be willing to be different. Don't base your decision upon what everyone is saying or doing. Buffett, instead of following the crown, looked for undervalued investments and ended up vastly beating the market average every since year. To Buffett, the average is just that - what everybody else is doing. Buffett says to judge yourself by your Inner Scorecard, that is judging yourself by your own standards and not the world.

3) Never suck your thumb. Buffett prides himself on swiftly making up his mind and acting on it.

4) Spell out the deal before you start. Your bargaining leverage is always greatest before you begin a job - that's when you have something to offer that the other party wants.

5) Watch small expenses. Buffett invests in businesses run by managers who obsess over the tiniest costs. According to Buffett, exercising vigilance over every expense cam make your profits and your paycheck - go much further.

6) Limit what you borrow. Living on credit cards won't make you rich. Work on saving money that you can use to invest.

7) Be persistent. Good negotiation skills, tenacity and ingenuity can make you a winner in a lot of situations.

8) Know when to quit. Know when to walk away from a loss, and don't let anxiety fool you into trying again.

9) Assess the risks. Asking yourself "and then what" can help you see all of the possible consequences when you're struggling to make a decision - and can guide you to the smartest choice.

10) Know what success really means. Despite his wealth, Buffett does not measure success by dollars. "When you get to my age, you'll measure your success in life by how many of the people you want to love you actually do love you."

Monday, August 9, 2010

Beauty Tips from InStyle Mag

1) Heal Dry Hands - Rub the inside of lemon directly onto the backside of your hands. Lemons have high concentrations of citric acid and vitamin C, which stimulate connective tissue production. The sting lasts a few seconds, but it's worth it.

2) Control Face Shine - Tea is a natural astringent. To reduce oil, splash your face with cool black tea, but do not rinse.

3) Avoid Breakouts from Brushes - Wash your makeup tools regularly with a clarifying shampoo to rid them of product buildup that can cause blemishes.

4) Help Your Skin Turn Back Time - Dip washcloth in soy milk and rest it on your face for 10 minutes once a week. Soy is a skin brightener and contains phytoestrogen, a plant-derived estrogen that is thought to help prevent wrinkles.

Wednesday, August 4, 2010

Plants That Detox Your Home

Another great tip from Health magazine.

Peace lilies remove toxins like acetone, benzene, alcohols, and ammonia.

Bamboo palms, rubber plants, English ivy and lady palm get rid of formaldehyde.

Health Boosting Herbs

Flipping through my huge stack of magazines (I'm trying to go through them and pass them on to another curious reader/flipper) today, I saw a little something in Health magazine that I decided to share.

1) Rosemary - adding rosemary to marinades may cut your cancer risk. Antioxidants in the herb help combat potential carcinogens created when meats are broiled or grilled at high temperatures. (For those, like me, who don't know what carcinogens are, here u go, compliments of Wikipedia "A carcinogen is any substance, radionuclide or radiation, that is an agent directly involved in the exacerbation of cancer or in the increase of its propagation.")

2) Lavender - inhaling lavender aroma can help reduce feelings of depression and stress and make you feel drowsy

3) Thyme - ease a cough with thyme. Just soak the herb in hot water for a few minutes, remove thyme, and sip.

4) Basil (one of my fav cooking herbs!) - add chopped basil to your vinaigrette, it'll make your greens safer to eat. The oil from basil's leaves kills bacteria that can cause stomach bugs.

5) Sage - great air freshener. Place orange peel mixed with sage in small bowls for a nontoxic odor remover.