As an engineer, I love to get data, analyze it, create models and based on my findings support decisions that influence the bottom line. This is all great; however, we usually get carried away and move into execution mode without spending the right amount of time defining and understanding the problem statement. As a result, time is wasted and lack of decisions lead to an overarching feeling of frustration.
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This is the second installment of a Travel Series I decided to start with the intent to share information about places we’ve been to and ways to minimize expenses using travel hacking strategies. Traveling can get expensive but if you’re flexible, plan in advance, and do a little bit of due diligence, you’ll be surprised by the results.
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It’s been a while since I last wrote a post. Not sure If I’m going through what fellow bloggers call blogger burnout or if blogging has just become a low priority in all aspects of my life.
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I’m fascinated with the idea of exploring and finding ways to expedite reaching Financial Independence. The common thought is that one should try to live below your means and attempt lowering monthly expenses while increasing income if possible.
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I’m a big fan of the DIKW model or DIKW pyramid. It is a method that aims to explain the ways we move from Data to Information, Knowledge, and Wisdom with a component of actions and decisions. Simply put, it’s a model to look at various ways of extracting insights and value from all sort of data. It’s often depicted as a hierarchical model in the shape of the pyramid and also known as the data-information-knowledge-wisdom hierarchy.
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Last year was without a doubt, one of the most challenging ones in my professional career. As a team, we accomplished major goals, but more importantly, we made significant strides on key initiatives that will set us up for success in the new year. While this is all great news, as an outsider, you might think that I should be nothing but proud of 2018. Don’t get me wrong, I am; however, I can’t avoid feeling frustrated, exhausted, tired, burned out and in need of a sabbatical.
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Life is not perfect and in all honesty, it was never meant to be. We certainly control what we can control in hopes of influencing our destiny but sometimes we get hit by events that can have positive or negative effects. Whether these situations have long-lasting effects or not, depends entirely on us but more specifically on our behaviors and the way we proceed when handling them. However, I truly believe the most important thing we can do is to take the time to learn so that we can at least fail forward. …
A lot has been said about a Health Savings Account (HSA). It is by far the best tax-advantage vehicle created by mankind that allows eligible individuals to divert a portion of their income to an account from which they can reimburse eligible expenses tax-free and efficiently save for present or future health care expenses. If you have not yet taken advantage of an HSA, I highly encourage you to think about it but more importantly, to do your due diligence to evaluate if it would be beneficial for your personal situation. …