Follow the 10-10-80 rule

Gavin finished his first summer job recently. He earned a fair amount of money and asked me about the process I use for managing my money. Gavin is just learning about money. I recommended that he keep it simple, and follow the 10-10-80 rule. This formula represents how you should allocate the money you earn – save 10%, give 10% (some call this tithing), and spend the remaining 80%. I cannot remember when I learned this rule, but I have tried to use it over the years. It seems to work well, although it can be tempting to spend more than 80%, especially if you experience a windfall.

1. Save 10% for yourself – there are multiple reasons to save 10% of your paycheck. First, it is helpful to have an emergency fund to deal with surprise situations that may arise. Opinions vary about how much money you should have in an emergency fund. One month salary is a good starting point. Second, you may want to save money for a specific purchase so that you don’t have to borrow money and pay interest. In general, I like to stay out of debt as much as possible, but I think it is okay to borrow money for some purchases. For example, you will likely need a loan if you decide to buy a house. Third, you will need money for retirement. In fact, you will likely need a lot of money. Start saving early for retirement, so that you don’t have to play catch-up later on. I did not save nearly enough early on in my career and am paying the price now. Avoid this mistake if you can. Most companies offer employees ways to save for retirement. Take advantage of these savings opportunities. Here is a video that talks about various ways to save for retirement.

2. Give 10% for a worthy cause – it honors God and helps those in need. I would love to say that tithing is easy, but it can be a challenge to give away 10% of your money. I recommend starting early so that it becomes a habit. Don’t tell yourself that you will give money away when you earn more and can “afford it”. I think it actually becomes more challenging the more you make. Once again, keep it simple. If you are a member of a church then you should tithe to that church. The tithe is intended for the church to operate and support the local community. If you are not a member of a church then look for a worthy cause to support. Plenty of them exist. I have taken different approaches when it comes to charities. One year I decided to support as many as possible – even with only a small amount. More recently, I decided to focus my donations to a few specific charities that I am passionate about. For example, this year I am focused on the Lead the Way Fund. They do great work. Lastly, some charities are not worth supporting. They spend too many resources fund raising, or other events, rather than making sure the money gets to those who need it. For example, I used to send money to the Wounded Warrior Program, but stopped due to a recent scandal about how they were wasting donor’s money.

3. Spend 80% to live your life – this part covers the rest of your expenses like housing, food, utilities, clothes, and other bills. 80% sounds like a lot. Not spending more than that seems easy, but I will warn you that it is not easy. What is easy is spending more than you earn by using credit cards and other methods for borrowing money that you do not really need. Trust me, it is really easy to buy stuff, esecially nowadays. You don’t even have to leave your house to shop and they will deliver many things straight to your front door. I am a big fan of online shopping, but it can be a slippery slope when it comes to spending money.

Lastly, I have warned you before about the dangers of credit cards, and will reiterate to be careful. At one point in my life I wracked up over $10K in credit card debt and had to refinance our house to pay off the debt. Really big mistake on my part. You should not be shocked to learn that the credit card company never called me to ask why I was spending so much money. The reality is that we had just moved and it cost a lot more money getting the new house set-up than I anticipated. The credit card company did not care because they make money out of the deal. The more I borrow, the more they make.

Managing your money can be tricky. I recommend keeping it simple, following the 10-10-80 rule, and avoiding debt as much as possible.

Here is another video in which Dave Ramsey and Chris Hogan answer a question about retirement from someone who is 23 years old.

Be picky about being picky

In America, we have a lot of choices when it comes to the things we buy. Think about it. When is the last time you bought something and there were no options – only one item for purchase. If you go to a restaurant you will usually receive a multi-page menu describing all the various options. The Cheese Cake Factory menu is thick as a book. It can be overwhelming. Visit an American grocery store and you see how many different kinds of Ketchup there is. I like hot sauce. It is amazing the number of options you have when it comes to buying hot sauce. Let’s talk about Starbucks – the options seem unlimited. It is a pet peeve of mine to stand in line behind someone who takes forever to order their drink. It is not like you are making a life changing decision, but you would think so based on how difficult it is for some patrons to make a selection. Even after you order the barista may ask you more questions about what you want – whip or no whip? Really.

I am a big fan of not overthinking things when possible. With that in mind, I recommend that you not waste your mental capacity on trying to figure out what to buy. Look at your options, determine what you like, calculate what you can afford, and then buy it. Don’t spend too much of your brain power trying to buy just the right thing. You can drive yourself nuts if you do. If you get it wrong, it probably will not be a big deal. There are three exceptions to this approach that I want to share with you so that you can be picky about being picky.

1. Quality vs. quantity – you will buy many items in large quantities. Don’t waste too much time picking these items. For example, I run a fair amount and like to drink Gatorade afterwards. Gatorade comes in many types and flavors. I like G2 because it is low calorie, and am not that picky about the flavor. When shopping for Gatorade I buy whatever G2 flavor is on sale. If none of it is on sale, then I buy one of my favorite flavors. Problem solved. Wristwatches are another matter. It is unlikely that you are going to buy multiple watches at the same time. In fact, you will probably only buy a few over your lifetime. In this case, do some research so that you make an informed purchase. I don’t have a lot of money, so really expensive watches are out of the question. I own two watches – one informal, and one formal. I wear a Timex weekender watch that I really like. It costs less than $100. You can change the straps on the watch to match the clothes you are wearing. For work, I wear an Invictus watch. It is stylish and only cost a few hundred dollars. Nothing fancy for me.

Timex weekender wrist watch
Timex weekender wrist watch

2. Premium purchases – you will buy a few things that cost a lot of money. Cars, houses, and college tuition are top of list for me. When spending a lot of money like hundreds of thousands for a house, you should spend a lot of time looking, researching, analyzing, and comparing before making a decision. Work with a good real estate agent who can help find you the right house, at the right price, in the right neighborhood. Some shows on HGTV make it seem like you can find a house quickly. I prefer to take my time and spend a lot of time thinking before buying. Bottom line – you should love the house you buy. If you don’t love it, then hold off until you find one you do. When it comes to cars I never buy the first day I visit a dealer. I don’t want to make an impulse buy. It is an easy mistake to make when buying a car. I prefer to visit multiple dealers, do a lot of research, and spend some time thinking about the purchase. Three car purchases I made were good – the Accord, Tacoma, and my Jeep. The Lexus I bought was a mistake. I should never have spent that much money on a car. Choosing a college is similar – do lots of research to include visiting each school before making a selection. The good news is that researching cars and colleges is much easier these days with all of the online tools. These did not exist back when I was your age.

Jeep wrangler
Jeep wrangler

3. Money makers – you should save and invest some of your money with each paycheck so that you can retire one day. When it comes to investments there are an overwhelming number of options. Be picky about who you allow to invest your money. Many financial institutions will promise high returns and low risk. They use this marketing lingo to justify charging you high fees for managing your money. Don’t fall for it. Every dollar you spend on management fees is one less dollar that gets invested. It is really hard for money managers to “beat the market”, and they know it. I have done a fair amount of research on this topic and decided to keep things simple. I invest in index mutual funds with low management fees. Several reputable companies offer these type nowadays. I would never attempt to invest my own money in individual stocks. It takes time and energy, and expertise that I don’t have.

In most cases I don’t think there is much value in being picky about what you buy. There is a time and place to be picky. I recommend the three listed here. In case you are wondering why we have all of these choices, the video below explains why:

Blondie Forever

This week I saw the band Blondie in concert at Wolf Trap. Beforehand I was not overly excited about the concert. I was looking forward to tailgating in the parking lot with friends but did not have high expectations of the band’s performance. You may not know a lot about Blondie. They were a moderately famous band from the 70s and early 80s. They had multiple radio hits and were pretty well known back in the day. Blondie’s greatest hits album is a good representation of their early musical career if you want to sample it. Boy was I surprised when Blondie took the stage. They were really good and put on a great show. Afterward, I thought about why Blondie was so much better than I expected. I can think of three reasons.

1. Be your best – Blondie opened the show with the song “One Way or Another”. It is a really up beat song, and one of my favorites by them. They really set the tone by starting the show with a bang. I noticed right away that their lead guitarist was not one of the original members. He was a rather young man full of talent and energy. I appreciate the fact that Blondie was not afraid to augment their line-up with new members. It made them a stronger band and helped them be their best for their fans. Don’t be afraid to include others who can help you be the best that you can be, even if you become rich and famous.

2. Continue creating – Blondie played several songs from their new album, Pollinator, during the show. I have listened to their new album several times, and it is actually pretty good. Not their best album, but better than most new music I have heard this year. Whenever a famous band puts out and plays new music they are taking a risk. Their fans are always going to compare the new music to their old hits like I just did. This comparison is not really fair, but it happens nonetheless. I appreciate the fact that Blondie continues to create – writing new songs, recording them, releasing them, and playing them live. One of my favorite bands, U2, takes a similar approach. They continue to put out a new album every few years. In contrast, many other bands stopped creating new music years ago. Instead, they rely on their past accomplishments and simply play their greatest hits during their concerts. Simply put, this approach is lazy. Artists should continue creating. I want to encourage you to continue creating over your lifetime. Don’t stop and rest on your laurels, relying on your past accomplishments to carry the day.

Blondie new album
Blondie new album

3. Keep kicking – Blondie’s lead singer, Debbie Harry, is no spring chicken. In fact, she is over 70 years old. But you would never guess that watching her perform in concert. She does a great job singing their songs, moving around the stage, dancing to the music, raising the energy level of the audience. I was really impressed with her performance. Let’s face it – it is probably no easy task for Debbie to complete a concert. Rock-n-roll is a young person’s profession, but you would never guess that watching Blondie in concert. They are still touring, and keep kicking. I sure hope I have her kind of energy and enthusiasm when I am over 70 years old, and I hope you will too.

Just so it is clear – I am not endorsing Blondie as model citizens, or saying that you should act like rock stars. Rather, I am exploring ways to learn something new from them. I think we can learn something from everyone, as long as we are paying attention.

Here is a video from Blondie’s early days – probably their most famous song, “Heart of Glass”. It was filmed in a disco – old school.

Here is a video from their new album. The song is called “Long Time”

Learning something new

As you know I decided to start my own business. It is a new adventure for me, and requires that I learn a lot of new skills. Learning something new can be a challenge. The reality is that it takes time to learn something new. In fact, according to some experts it takes at least 20 hours to learn something new. In this TED talk author Josh Kaufman explains the learning process. It is worth watching.

We live in a culture that is big on figuring out better ways to do things. Hacks, shortcuts, and cheat codes seem to be all the rage these days. I am a big fan of learning. It is one of my strengths. I look for ways to learn things quickly, but I recognize that you have to put in the time. I am experiencing that fact first hand right now as I download new software tools and teach myself several new skills. It is taking some time. I am making steady progress, and will get there. During your lifetime you will need to learn many new things, so I want to pass along a few observations based on my own experience learning new things.

1. Starting out is usually ugly. When you start something new you do not know what you are doing, and it shows. It is going to be ugly. I remember the day Jill and I decided to play tennis together. She is good at tennis. She has played for years, taken lessons, and knows how to play the game. I, on the other hand, have played very little, never had lessons, and don’t really know how to play the game. As you might guess – it was ugly. She stood on her side of the court and simply hit the ball over the net repeatedly while I ran around like a mad man trying to figure out what I was doing. An odd thing happened the next time we played. My play improved, just a little each game, and we actually ended up having a competitive game. I still have not beat her in a game, but I bet I could if I practice on a regular basis.

2. Practice takes time. If only 20 hours is required to learn something new, then it should be easy to learn new things quickly. Right. The reality is that 20 hours is actually a fair amount of time. As Josh Kaufman points out in his TED talk, you will improve a lot the first few hours – which is great. But, you will need to press on and keep practicing if you want to actually get proficient. Riley – you are learning to drive right now. The DMV requires that each driver spend many hours behind the wheel before you get your license which is a good thing. Every drive knows that it takes awhile to learn how to drive and get used to the various speeds and obstacles that you will encounter. Put in the practice and get your 20 hours in. Don’t rely on hacks or cheat codes to make you proficient.

3. Get the help you need. The good news about our modern culture is that you can find help easily. We have numerous ways to connect and communicate with others. When I announced that I was going to start my own company on Facebook several friends reached out to me, offering encouragement, and potential help. Many of them have experience that will help me a lot, so I plan to talk with each of them. In addition to your own friends, experts exist, coaches are available, and the really good news is that you can find most of them online these days. In fact, you can learn a lot from others, and get help for free. Youtube is a gold mine of information. You may remember the time when I could not figure out how to change the tire on our old Lexus (it had wheel locks that the manual did not mention), I went to Youtube and found a video that explained how to do it. Most of these tools did not exist when I was your age. Take advantage of them. Leverage the expertise of others, and get the help you need.

I hope that both of you learn new things on a regular basis. It will help you grow and become a more rounded person. Gavin – you are excellent at playing the guitar. I encourage you to keep learning and become an expert. Riley – you are a great soccer player. I hope you keep playing later in life. It is a great sport, and will bring you a lot of joy. Scoring a goal never gets old. Trust me.

Learning never exhausts the mind.
– Leonardo da Vinci

Dunkirk Reveals Human Nature

War is hell. We all know that – at least I hope we all know that. We are reminded on a regular basis about both the horrors and heroics of war. Bottom line – it brings out the best and the worst in mankind. We have many books, movies, television shows, videos and monuments all aimed at giving all of us insights about war, and what it is like. As you know, I served in the military, but I never deployed into combat. I did spent many years preparing for it, studying it, and learning about it. Based on what I know and have learned from others – we get unique insights into human nature by learning from previous wars.

Occasionally a movie comes along that reminds us how awful war can be. Dunkirk is one of those movies. It is a grim reminder that WWII did not start well for the Allies. In fact, it was a military disaster on all fronts. The Germans were able to conquer much of Europe quickly. I watched Dunkirk last night, and really enjoyed it. The director lets history tell the story and attempts to personalize it by focusing on a small group of individuals who are caught in the action – soldiers and civilians. The movie is intense, and I think it points out three things about human nature that are worth reflecting on after watching the film.

1. We are all selfish. The battle of Dunkirk focuses on the fact that a large part of the British Army was surrounded by the Nazis early in the war and needed to be evacuated back to England before it is annihilated. It is a dire situation. The movie does an excellent job portraying how bad things were for the British. The enemy is closing in. All the British are trying to get out of France, and the only way out is via the English Channel. There are not enough ships for everyone. Time is running out, so various characters in the movie start to take matters into their own hands. It is an “only the strong survive” type situation which leads to selfish behavior. It should not be surprising that people get selfish. It is in all of us – the will to survive. It comes out especially when the stakes are high. Putting other first is a difficult choice to make, and does not happen naturally. Usually our basic instinct is to take care of ourselves first. Something to think about anytime you are in a tough situation. Look for this behavior in others, and monitor it in yourself.

2. We can all be heroes. The evacuation of Dunkirk ended up being successful because of the extraordinary deeds of many average people. The British government send out a call for help, and many answered. The film focuses on one family who joins in the action and plays their part in the evacuation despite many challenges. The director does a nice job keeping these everyday participants anonymous during the action. He does not treat them like super heroes. They don’t have super powers or any special abilities. They simply do what is necessary to get the job done. The same holds true for many other participants to include the Air Force pilots who fought bravely to keep the evacuation ships safe. Remember – heroes come in many shapes, sizes, colors, and backgrounds. Don’t be fooled by marvel and DC comics – there is no real Superman or Wonder Woman. They are not coming to rescue us. Rather it is up to normal people like you and me to be heroic when called upon.

3. We can fight another day. When WWII begins – the Nazis are prepared. No other country really is ready and it shows. Dunkirk is a pivotal point in the war. The French are defeated, and England evacuates in order to prepare for a potential invasion. British leadership is forced to make some really tough decisions. They are outmatched, and they know it. They need a new strategy. They decide to do something a little different than normal – they celebrate their retreat from Dunkirk. Normally in military operations any retreat is seen as a loss and should not be celebrated. But, British leadership realizes that the evacuation allows them to fight another day, and fight they will. The movie ends with Winston Churchill’s stirring speech that finishes with “we will never surrender”. Anytime I hear this speech – it inspires me. Also it reminds me that some days you will lose. In fact, you may need to retreat, regroup, refit, and prepare to fight another day. Notice that I did not say quit, but live to fight another day. It is a perfectly suitable strategy in some situations.

If you have not seen Dunkirk – I suggest that you do. Below is a link to the trailer for the film. Hopefully you get a lot out of the film like I did.

Travel Journal – Lessons from French Culture

This summer we visited France, spending numerous days in Paris, Normandy, Brittany, and a few other locations. We saw a lot of great sites, and were able to experience numerous dimensions of French culture. Like almost every country in Europe, France has a unique culture. Well, it is just very French. I will not pretend to be an expert on French culture (I don’t even speak the language), but I have visited this beautiful country numerous times and have taken note of a few things I really like about French culture…and a few things that I would not emulate. Please note that I am not trying to stereotype an entire country’s culture based on my limited exposure. Rather I just want to note some things that you will remember from our recent journeys that I think can inform how we live our own lives. First, three things that I enjoy about French culture.

1. They enjoy a good meal. Let’s face it, the French know how to cook tasty food. As you can tell from my size, I do not have the most sophisticated palate, but I do eat like a King when I am in France. The list of French foods I enjoy is long, but not endless. I really enjoy croissants, croque monsieur, escargot (yes – the snails are delicious), baguettes with cheese (not the really stinky blue cheeses), onion soup, steak and mussels with fries, beef burgundy, andouillette, and crepes to name a few. Just typing that list makes me hungry. To be fair there are several dishes I don’t like such as liver pate, tartare dishes, or creme brulee. French food enjoys a good reputation worldwide, and it is well deserved.

2. They look good walking around. France, particularly Paris, is known for its fashion. You notice this walking around Paris, and other cities. Simply put, I have seen few French dressed like slobs. You can tell that most people spent some time thinking about what they are going to wear before going out the door. We here in America tend to be much more casual than many countries. I am not saying that is a bad thing. Rather I am saying that it is probably worth investing some time and money into looking nice. I used to dress really casual all the time, but try to dress more appropriately these days. I don’t think you would ever witness a French person walking around in their pajamas, and I have seen more than one person in Reston Town Center who looked like they just rolled out of bed.

3. They appreciate art. We saw so much great art in France. Their museums are full of masterpieces. In fact, the Louvre has so much art that I would never attempt to see all of it during one visit. The Orsay has a wonderful collection of impressionist art. We visited Monet’s house in Giverny. The garden there was as beautiful as you would imagine. I see their appreciation for art spilling into the colors and designs they use in everyday life. I am not an artist (no talent at all), but I do notice how prevalent art is throughout French culture.

France is a great country, but not all is sunshine. There are a few things I will note that could use improvement in France. Some of these are obvious, so I will not elaborate in detail.

1. Many people still smoke. The negative affects of smoking cigarettes are well known, but I guess the French don’t care. I was surprised by how many people still light up cigarettes on a regular basis…to include with coffee over breakfast.

2. Many people are working less. The short work week is a reality, and many stores are closed during lunch hours. Trying not to judge, but it just seems like the French work ethic is much different than ours. Granted, Americans probably work too hard, but it is noticeable.

3. The dog poop. I know it sounds crazy, but there is dog poop all over the place in many cities. For those who have been to France, you know this is true. For others, it is probably shocking. It seems like no one invented the plastic bag to pick up dog poop in France. Pay attention when you are walking around, or else you may get an unpleasant surprise.

As always, I enjoy traveling and learning from other cultures. In case you are looking for a humorous perspective on French culture, check out the video below from a You Tube travel channel that I watch on occasion. Yes – he talks about the dog poop too.

Tips for Traveling – France

As you know one of my goals is to visit Europe on a regular basis. In fact, we have taken a vacation there the past three summers. This year we went to France. I thought it was a great trip. We saw a lot of great art, walked through awesome cathedrals, strolled through half-timbered houses, visited historic sites like the D-Day beaches, ate wonderful food, met new people, created memories, and learned a little about what it is like to be French. There are a few specific reasons I like to travel, and enjoy showing you different parts of Europe. I think it is important to see other parts of the world. More importantly, you learn a lot while you travel. You learn things about yourself, about others, and how the world works. Below are three travel tips from our most recent trip to France. They are focused on the trip itself, not what we learned from the French while there…that will be in the next blog post.

1. Detailed planning helps make the trip go smoothly and creates lasting memories. Traveling is not easy. Things will go wrong. In order to avoid our vacations becoming a chaotic mess, I spend a lot of time planning the trip before we board the plane. You know this – you have seen the slides I create that describe the trip in detail. I know my approach is kind of geeky, but it seems to work really well for us. Some would argue that it is better to just “wing it” when it comes to travel. The idea is to show up without a plan, and just “make it up as you go along”. I am not a big fan of this approach, especially when you are traveling as a group like we were this year. I would rather invest the time researching and planning so that we make the most of the trip. The last thing I want to happen is for us to spend a few weeks in a country, shell out a lot of money, and not really enjoy it. To avoid this scenario I will map out the route, design an overall schedule, and a basic agenda for each day. That does not mean that every minute of every day is planned in advance. Rather, I like having a basic structure so that we get to see what we want to see, and get the most from each day at a pace that is comfortable. We always leave time in the schedule for unplanned excursions that arise during the trip. For example, this year we decided to drive down the Normandy coast rather than take the main highway. It was a beautiful drive full of amazing sites that we would have missed.

2. Use the resources that are available to stay organized and avoid mishaps. There are a lot of great tools available nowadays to help you plan for travel – books, websites, blogs, videos, etc. For example, I use booking.com for our hotel reservations. This website allows me to search for hotel rooms at all the cities we will visit. It includes reader reviews, photos, and detailed descriptions. The site allows me to track all of our reservations in one location. I almost always book rooms with a free cancellation policy, because you never know when you plan will change and you need to cancel a room. I also use trip advisor for researching, but rarely will book rooms through their site. There are several great websites like kayak and google flights to use when buying plane tickets. Let these sites do the searching and tracking of prices for you. It is amazing the price difference you may see in flight prices. For example, this year we stayed an extra day because it was cheaper to pay another day for the hotel room than to fly on a Sunday back to the states. YouTube has a ton of travel related content that is useful. I will watch numerous videos to extract tidbits of information about where we are going, what to see, and what to expect. Lastly, investing in a travel book is worth it. The reality is that a trip to Europe costs thousands of dollars, so it makes sense to spend the $30 on a good travel book about the area that we are visiting. As you know, I am a huge Rick Steves fan. His books, TV show, website and videos have taught me a lot about travel, and saved me a lot of grief while wandering around Europe. This year, we spent a lot less time waiting in long lines for tickets based insights gained from his France guidebook.

3. Live like a local when you can. One of Rick Steve’s mantras is to try to live like a local while you travel so that you actually experience the culture. It is easy to stay in comfortable hotels away from the action. Many enjoy this type of travel. I prefer to see what life is like for the locals. It is much more interesting than being holed up in a fancy hotel built for foreign travelers. For example, based on Rick’s recommendation, we actually stayed on Mont St. Michel for one night. Sure – it was expensive, but it was worth it. I knew that we should arrive late in the day as the day trippers were leaving, so that we could experience this unique site without hoards of tourists around us. We did, and have many awesome pictures to prove it. Another good decision we made was to spend multiple days in the Rue Cler neighborhood in Paris. We stayed in a funky modern hotel, and were able to see how the locals live in this pedestrian zone part of the city. Each day we ate breakfast at the local bakery where locals sip their coffee while eating a croissant, chatting with their neighbors about current events, and smoking cigarettes. As you learned the French still smoke a lot. At night we ate and drink in one of the local cafes watching Parisian life pass right in front of our eyes. I felt like we learned a little about what it is like to actually live in Paris – one of the greatest cities in the world. For anyone considering visiting Paris, this video gives more insights about staying near Rue Cler. BTW – the best croissant I have ever eaten came from the bakery on this street. It was dripping in butter and goodness.

Hit the reset button – New York blunder

As you know, this past weekend Gavin and I visited New York City. It was a great trip, and every thing was going really well until we arrived at the airport for our trip back home. Once at the airport I noticed that our flight was not listed on the arrival board which seemed strange. I should have stopped there, but we went through security and on to the departure gate. At this point, I could tell something was wrong. Our flight was not listed at the gate, so I checked my ticket. Crap – our flight did not depart at 9 AM…but 9 PM. I made a huge blunder, a really big error. We were at the airport twelve hours early with nothing to do, and no other flights available.

What to do next? Gavin and I pondered the situation and we decided to hit the reset button on the day. We trekked back to NYC, found a place to store our luggage, and spent another day exploring NYC. The weather was not great, but we had a good time being tourists. We went to the top of the rock, hung out in Times Square, visited the wax museum, explored Ripley’s, and an array of other attractions. The day was topped off with New York cheesecake at a diner. Not a bad day considering we had not planned any of it beforehand.

As this experience shows – sometimes you have to hit the reset button on a day. The bottom line is that I messed up big time. But, we could recover from it. Rather than spending the day beating myself up over my mistake (Gavin did a nice job reminding me about it), I decided to get on with it, and make the most of what was left of the day. The ability to “hit the reset button” is an important skill in life. Many times, you will make stupid mistakes, or have things not go your way. It is easy to get really upset about the situation, and even pout about it. But, a more mature response, is to get over it, and then get on with it. You will be amazed at what will happen when you hit the reset button – you will meet new people, see new places, and gain new experiences.

Keep this lesson in mind the next time you travel, and things take a turn for the worse. I have traveled a fair bit, and trust me, these kind of things happen. Flights are delayed, and your plans will need to change. Hopefully, I will avoid making this kind of big blunder again. But, if it does, I know what I will do. Hit the reset button, and start all over again.

Standing in the middle of nowhere,
Wondering how to begin.
Lost between tomorrow and yesterday,
Between now and then.

And now we’re back where we started,
Here we go round again.
Day after day I get up and I say
I better do it again
– Do It Again by the Kinks

How should we honor the fallen?

Tomorrow is Memorial Day. It is an important holiday, and I want to make sure we honor the fallen properly. This holiday has become confusing for many Americans. Nowadays, some treat Memorial in the same manner as Veteran’s Day. They are two distinct holidays with different purposes. Memorial Day is the day we honor those who paid the ultimate sacrifice by giving their lives for our great country. Veteran’s Day, on the other hand, is the day we honor those who have served in our military. Given that Memorial Day is when we are supposed to honor the fallen, the natural questions is how should we do that. Three ideas comes to mind.

1. Remember their heroic deeds. All Americans should pause this weekend and think about those who died for our freedom. There are several ways to do this – read a book about military history, visit a military monument, or watch a military history movie. Over the years I have done all three of these activities many times. My favorite book about military history is Ghost Soldiers by Hampton Sides. The movie about this unbelievable US Army Ranger raid is also great. My favorite military monument is at the top of Pointe Du Hoc where the US Army Rangers scaled the cliffs on D-Day. My favorite military history movie is a tie between The Longest Day or A Bridge Too Far. Both are great, and based on books written by Cornelius Ryan.

2. Visit the battlefields where they fought. The best way to get a sense of what our fallen experienced is to visit where they fought. Walk the battlefield, learn their stories, and ponder what happened. This summer, you will get the opportunity to see some of the most historic battlefields and cemeteries in the world when we go to Normandy. We will see firsthand what our troops faced on D-Day, visit several museums, and pay our respects at the cemetery. I believe it will be an eye opening experience for both of you. I am looking forward to showing you this important piece of our history.

3. Honor their sacrifice. This one can be challenging, so I would be plain. In my opinion the best way to honor the sacrifice of the fallen is to live a life worth living. Make the most of what you have been given. As an American you have more opportunity than most people in this world. Our freedom was paid for by others. Don’t squander their sacrifice. Get out there and make something of yourself.

In the movie Saving Private Ryan (another great war movie), there is a powerful scene at the end. Tom Hanks character Captain John Miller is severely wounded. He tells Private Ryan played by Matt Damon to “earn this”, and then he dies. The message is the same as what I am saying here. In the next scene, Private Ryan is in cemetery at Normandy, and remembers those words, and thinks about his life. Watch the clip below. It actually makes me cry every time I watch it.

Start off by making your bed

Today marks the first year anniversary of writing this blog. It has been a great experience, and hopefully both of you have learned something from the blog posts. Several people have provided positive feedback about the blog, and indicated they enjoy reading the weekly posts. I plan to keep on blogging, to keep looking for wisdom to pass on, and to discover new topics worthy of discussion. I learn a lot from others, so I will pass along their wisdom to you, rather than just fill the page with my own thoughts. With that in mind, I am going to start the new year off sharing some simple advice from one of America’s great warriors. Admiral William McRaven.

This time of year is graduation season. Celebrities, politicians, scholars, and many others take the graduation stage to dispense advice to high school and college students as they end one chapter of their life, and start a new one. Many graduation speeches are dull – full of cliches and dumb jokes. Occasionally, you will hear one that is excellent. In 2014, Admiral McRaven gave the commencement speech at the University of Texas. It was called 10 Lessons from my Years as a Navy Seal. It is a brilliant speech full of wisdom and insight. Below is a short excerpt from his speech. It is a simple idea, but a powerful one.

Every morning in basic SEAL training, my instructors, who at the time were all Vietnam veterans, would show up in my barracks room and the first thing they would inspect was your bed. If you did it right, the corners would be square, the covers pulled tight, the pillow centered just under the headboard and the extra blanket folded neatly at the foot of the rack—rack—that’s Navy talk for bed.

It was a simple task—mundane at best. But every morning we were required to make our bed to perfection. It seemed a little ridiculous at the time, particularly in light of the fact that were aspiring to be real warriors, tough battle hardened SEALs—but the wisdom of this simple act has been proven to me many times over.

If you make your bed every morning you will have accomplished the first task of the day. It will give you a small sense of pride and it will encourage you to do another task and another and another. By the end of the day, that one task completed will have turned into many tasks completed. Making your bed will also reinforce the fact that little things in life matter.

If you can’t do the little things right, you will never do the big things right. And, if by chance you have a miserable day, you will come home to a bed that is made—that you made—and a made bed gives you encouragement that tomorrow will be better. If you want to change the world, start off by making your bed.

It may sound trivial, but the act of making your bed every morning helps get the day off on the right foot. I recommend you take up this habit. In case you want to hear the rest of Admiral McRaven’s speech, here is the link to the Youtube video. It is well worth watching.