Workers have been used to getting annual cost-of-living adjustments. Usually in the 2-3 percent range, adjustments over the past decade have generally been in-line with inflation rates. However, thanks to the latest CPI reading of a 7.9 percent annualized increase, it’s clear that a 2-3 percent annual raise means a sizeable drop in real, inflation-adjusted income.
A recent survey from Capital One Insights Center indicates that just 18 percent of Americans received a real increase in their income over and above the rate of inflation. And 57 percent of lower-income earners are depending on a tax refund for their financial health this year.
With an inflation squeeze on, and with lower-income consumers being hit hard with higher prices, a drop in consumer spending could be in the cards in the months to come, enough to even send the economy into a recession. Investors and traders alike should stay cautious, and the best move here might be to join the “Great Resignation” and find a higher paying job for an immediate boost in income.
Now here’s the rest of the news:
Safe-Haven Gold Soars, but Not as High as This
After a steady week of gains, gold has had a volatile time recently, of the kind that gold bugs like. Bullish forecasts for $2,000 gold this year were expedited with force by the Russia-Ukraine conflict. [Read Here]
March 14, 2021
“Stop hiding. Own your greatness. Own you power. Own your brilliance. Own your majesty. Let’s go.” –Rha Goddess
Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
Naturally beautiful: Lots of things to-do in and see at: Twillingate, Newfoundland, Canada.
More wonders in Newfoundland and Labrador!
March 14, 2020
3 Simple Ways Of Gaining More Confidence
Have you ever felt nervous about an upcoming event? Perhaps you had an important performance coming up. Maybe you had a presentation or competition that you’ve been preparing for. Nervousness is natural but it can also hinder your ability to perform. If you are not confident you are likely to execute your plan effectively, listen up! Here are three simple steps to gain more confidence for your next event:
If you want to prepare for an upcoming event and you’re nervous about whether you’ll do well or not, try imagining yourself doing well. Imagine yourself executing each step exactly as you have planned. Imagine how you will feel, the very moment it’s over knowing that you did your best. How will others react? Imagine every aspect of the event. How will it look? How it will smell? How will it feel? How will it sound? Often, just imagining yourself doing well will help you be less nervous and more confident.
2. Positive Self Talk
As part of your preparation for the event, plan on having some personal positive self-talk, during the event. Plan on recognizing when you are doing well … silently acknowledging it to yourself. When you are doing well, think something like this to yourself.
“Wow! I got this! I’m kickin’ some major butt!”
If you’re not doing as good as you hoped, then you can still use positive self-talk to bring you through it. You could think something like this to yourself.
“I made a small error but it’s nothing I can’t over come. I got this! I’m prepared! I’m ready!”
“Nothing is going to stand-in-the-way of me doing my best.”
Positive self-talk distracts you from the negative self-talk. If you are thinking positive things, you don’t have time to let the negative emotions take over and high jack your mind. You won’t panic and make things worse.
3. Face Your Fears
Having confidence means developing a thick skin. This is something that must be grown and built over time. When you first get started you’ll be nervous. As do it more often and become more familiar with the process, you’ll get better and be more confident.
When you first started to drive, if you were like most people, you were nervous. You would hold the wheel with a tight death grip. Your heart was beating out of your chest and you might have been sweating profusely. After just a couple of weeks of driving … you … probably weren’t nervous anymore. You likely didn’t have any more anxiety and didn’t fear the road.
If you want to develop a thick skin, then you must face your fears!
Hope this was of help … 😉
March 14, 2019
Day_02¹ — Didn’t happen!
Super Bad Cold — stayed home in bed and rested! Made myself chicken-noodle twice today! It took everything in me — every bit of strength just to get out of bed. Slept for more than 18_hours without so much as opening the front door to check for mail. (tomorrow wasn’t much better activity-wise, as even into Friday … these were no production days!)
Here’s a very cool story of JP…
Hope you got value from this post.
¹Of course the day happened … It just wasn’t an activity day to be proud of. Multiplying that by three made it even more disappointing. Never beat yourself up for those ‘bad days’ … rise above them. [I this story will inspire you to never give up.] 😉
March 14, 2017
Where did the time go?
“If someone tells you your big dream is unrealistic, that’s a sure sign you should go for it.”
I need order.
I need structure.
I need one thing done before going on to the next task.
I don’t need that “one thing” to be perfect …. BUT, I do need it to stand on its own before I’m ready to go on to the next task!