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7 Things You Should Know

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There’s much we should know when it comes to living the best life. To keep the list manageable I bring you 7 things you should know thanks to the sage wisdom of the centuries that still holds true today. 

1- Money is cheap. Sure living comfortably is good and even amassing a small fortune. However, when compared to your family, health, and relationships money is cheap. Remember what is important. What will matter most to you on your deathbed?

2- Time is precious. Each moment you have is a gift. Treat it as such. Turning off the television and taking a walk with your loved one is time well spent. Make time to work, play, and relax, but don’t forget the greatest gift you can give and receive is time.

3- It’s not things that upset you. Do you feel like you’re being emotionally jerked around by the circumstances of the day? You’re not alone. Epictetus said, “it’s not things that upset us but our judgments about things”. In other words, it’s how you choose to view events or what others around you do. The more you rage at them, the more control you give them. Detach judgment and observe things for what they are. “It is what it is” perhaps is a good phrase to keep at hand. 

4- Plan for adversity- Premeditatio Malorum is Latin for premeditation of adversity. What would you do if X happened? How would you respond? Sometimes it’s hard to know. Keep in mind what unpleasant events you may face. Visualize how you would ideally respond.  Then put the negative thought to rest. If a given circumstance does come to pass you’ve already played out the scenario and are more mentally prepared. Perhaps Seneca put it best when he said, “He robs present ills of their power who has perceived their coming beforehand.”

5- Strive for consistency- review your day, decisions, and reactions each night. Where did you do well? Where can you improve? Make a note in your journal. Resolve for one thing- improvement. Seek consistency in your response to events good and bad.

6- Stop attaching values to external events. People do stupid and cruel things. Bad things will happen. That doesn’t mean humanity is lost or that the universe is against you. You are not detaching from your emotions but rather your need to control the world around you. Focus on what you can control.

7- Know the difference between preferring and expecting. Attaching expectations to life is a sure-fire recipe for anxiety, anger, and illness of mind and body. Would you prefer that no one cut you off in traffic? Sure. But if you expect it you’re likely to be disappointed or angry. Would you prefer to have a stress-free day? Of course, but such days are rare. Instead preferring a thing detaches you from the outcome that is outside your control.

Review these seven truisms and make a concerted effort to implement them. That’s the journey I’m on and I’d invite you to join me

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Editor in Chief: HECMWorld.com
 
As a prominent commentator and Editor in Chief at HECMWorld.com, Shannon Hicks has played a pivotal role in reshaping the conversation around reverse mortgages. His unique perspectives and deep understanding of the industry have not only educated countless readers but has also contributed to introducing practical strategies utilizing housing wealth with a reverse mortgage.
 
Shannon’s journey into the world of reverse mortgages began in 2002 as an originator and his prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he launched the podcast HECMWorld Weekly. Later, in 2010 he began producing the weekly video series The Industry Leader Update and Friday’s Food for Thought.
 
Readers wishing to submit stories or interview requests can reach our team at: info@hecmworld.com.

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2 Comments

  1. Shannon,
    You started me on my journey of the study of stoicism with a Marcus Aurelius quote that you used in one of your broadcasts some time ago. Since that time, at your suggestion, I read and listen to Ryan Holiday and have read other books about the stoics. I keep a copy of Meditations on my desk to refer to. I can’t tell you how much this ancient wisdom translates to my life and has been a game changer for me. Thank you. I listen to you daily as well and as a reverse mortgage loan officer, you lend insight and valuable advice that helps me in my everyday life.

    • Sandy, I am so very pleased to hear you have embarked on your Stoic journey. Another book you may enjoy immensely is “How to Think Like a Roman Emperor”. Thank you for following our broadcasts!


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