June 21, 2007
The Frogs by Author Unknown
A group of frogs were traveling through the woods, and two of them fell into a deep pit.
When the other frogs saw how deep the pit was, they told the two frogs that they were as good as dead. The two frogs ignored the comments and tried to jump up out of the pit with all their might. The other frogs kept telling them to stop, that they were as good as dead. Finally, one of the frogs took heed to what the other frogs were saying and gave up. He fell down and died.
The other frog continued to jump as hard as he could. Once again, the crowd of frogs yelled at him to stop the pain and just die. He jumped even harder and finally made it out. When he got out, the other frogs said, “Did you not hear us?” The frog explained to them that he was deaf. He thought they were encouraging him the entire time.
This story teaches two lessons:
1. There is power of life and death in the tongue. An encouraging word to someone who is down can lift them up and help them make it through the day.
2. A destructive word to someone who is down can be what it takes to kill them.
Be careful of what you say. Speak life to those who cross your path. The power of words… it is sometimes hard to understand that an encouraging word can go such a long way. Anyone can speak words that tend to rob another of the spirit to continue in difficult times. Special is the individual who will take the time to encourage another.
Filed under Coaching by Tracy Phaup
June 20, 2007
Adjustable Rate Mortgages – ARMs
A mortgage that the insurance rates fluctuate on. It usually offers deep discounts and very low monthly payments that can balloon sharply.
Filed under Money Glossary by Tracy Phaup
June 12, 2007
Recommended Reading On Money
Visit our hottest picks on recommended reading for managing your money on the road to wealth at Amazon.com
Click here! to look over our recommended reading.
Filed under Money by Tracy Phaup
June 10, 2007
Good Faith Estimate
The Good Faith Estimate (GFE) is required from the lender and is an estimate of all the mortgage fees due at the closing.
Filed under Money Glossary by Tracy Phaup
June 4, 2007
COBRA
COBRA extends employee coverage of insurance for 18 to 36 months after leaving, irregardless of the circumstances of leaving the company. Under certain conditions employees by be ineligible such as failure to make a premium payment, becoming covered under another group plan, becoming eligible for Medicare, or if the employer cancels all group plans.
Filed under Money Glossary by Tracy Phaup
