Personal Finance

Effectively Manage your Personal Finances


  • Grow your personal wealth.
  • Maintain a good Credit Score.
  • Reduce your risk of financial hardship.

The Facts

  • Personal Financial Risk is increasing as managing personal finances becomes more and more complex in a rapidly changing environment. Adequate healthcare coverage is essential. (Healthcare costs are the major cause of personal bankruptcies)
  • Accumulating savings is more difficult for many people as they have less discretionary money to save, there are low interest rates and a very volatile investment marketplace.
  • Having a disciplined approach to managing your money is critical.

Income greater than expenses = Happiness

Expenses greater than income = Misery

To know which is greater you have to know what they are!

Most people don’t know what they are. You have to have the discipline to know and plan a budget. The less money that you have the more critical this is!

Understanding Personal Finances:


The amount of money that you have available after tax and deductions. You therefore also need to know (estimate) what your tax and deductions are likely to be. Your income may also be variable based on bonuses/commissions or irregular work.

You must establish a cash reserve to cover expenses in low income periods. This is not what you should use credit cards for.


  • Fixed expenses – predictable expenses that occur on a regular basis, weekly/monthly/ annually: Mortgage/Rent, car payments, healthcare, basic food insurance,…………..
  • Variable expenses – expenses that are dependent on circumstances and vary in cost but are likely to occur. You have to estimate the likely amounts and budget for them.
  • Gas, clothes, additional food, utilities (gas, electric, water…), car maintenance, house maintenance costs, healthcare payments, credit card bills……….

Reserves/Emergency money – Risk Management

You must have rainy day money to cover any loss of income for a time. This should be at least 3 months expenses. Maintaining this reserve has to be a planned variable expense. This and keeping your credit card debt to the minimum, will be major contributors to getting and keeping a high credit score.

One of the major drivers of credit card debt is defaulting on payments.

Discretionary Money

This is the income that you have left after paying all fixed and variable expenses and maintaining your reserves. Credit availability is NOT discretionary money, it should be treated as short term emergency money and paid off every month.

If you do take out credit payments on a purchase you must be able to pay them and maintain your cash reserve.

Discretionary money will be used for funding savings, retirement, entertainment, college funds, luxury items………….

You should prioritize how you spend this money, the first priority should be maintaining reserves, then savings, particularly for healthcare costs and then starting a retirement fund.

RJB 9/16/2015

You are a Business of One

You are a “Business of One”


  • The median income for the US is around $50,000 per year. This means that in a 40 year career a typical person living in the US will earn around $2m in today’s money.
  • Intuit’s study entitled “Intuit 2020 Report” indicated a trend that by 2020 40% of the US workforce could be contingency/contract/self employed workers. Fewer people will have life time employment opportunities with one company.
  • US workers are now part of a global employment environment. The impact of outsourcing has had a dramatic impact over the last 10 to 15 years. The global environment presents both a risk and opportunity for US workers.

The fact is that the average American is a Global Multimillion dollar Business of One.



Taking control of Your Business.

The basic principles of business are critical for you as an individual. You are also typically the sole investor.

What should you invest in to get a better return on your money? How and what you invest in, for your business, will be critical to your future quality of life and happiness.

What as an investor should you look for?

  • The probability that you will be able to grow value and your wealth in the future.
  • To do this you must be able to show that you have a credible vision of what the future is likely to be and that you can manage the required changes in your business through innovation and execution.
  • You have credible data that supports your future vision and the changes that will be required.
  • You have a plan for managing change, innovation and business risk management.


The Challenge for You.

As the manager, owner and investor in a multimillion dollar global business you have to have good basic business management skills and the data that give you the best available indication of what the future changing environment means for the decisions you make today.

Many of today’s decisions have long term impacts for your life:

  • Career and education/training choices.
  • Money management – credit score, house purchase/rent, savings, investment, location for living……
  • Risk management, healthcare coverage, life insurance, financial reserves, investment risk, life style risk……

These and many other decisions require access to credible facts and conclusions that you can use as indicators of what the future challenges will be for your “Business of One”, so that you can most efficiently plan for them.

This information is not currently available to you without a great deal of time and effort analyzing huge mass of information that is being thrust onto you in ever increasing amounts.

The problem is that you are not in control of your “Business of One”, the very sophisticated vested interest groups are. They are controlling your information channels.

Not only are they controlling them, but they are flooding you with misinformation, distorted facts and lies to support their interests NOT yours.

The “Individually Connected Community” provides a solution that enables you to take control of your “Business of One” through a connected network of customizable vetted facts and conclusion sources.

This gives you the ability to more easily gain personal skills and insights into the future “life and business environment” for your “Business of One” and more effectively accumulate wealth and manage personal and financial risk for the life that you want.

Exercise Helps Treat Addiction by Altering Brain’s Dopamine System – Neuroscience News


Summary: Researchers report, in animal models of addiction, daily aerobic exercise alters the mesolimbic dopamine pathway in the brain.

Source: University at Buffalo.

New research by the University at Buffalo Research Institute on Addictions has identified a key mechanism in how aerobic exercise can help impact the brain in ways that may support treatment — and even prevention strategies — for addiction.

Also known as “cardio,” aerobic exercise is brisk exercise that increases heart rate, breathing and circulation of oxygen through the blood, and is associated with decreasing many negative health issues, including diabetes, heart disease and arthritis. It also is linked to numerous mental health benefits, such as reducing stress, anxiety and depression.

“Several studies have shown that, in addition to these benefits, aerobic exercise has been effective in preventing the start, increase and relapse of substance use in a number of categories, including alcohol, nicotine, stimulants and opioids,” says Panayotis (Peter) Thanos, PhD, RIA senior research scientist and senior author of the study. “Our work seeks to help identify the underlying neurobiological mechanisms driving these changes.”

Using animal models, Thanos and his team of researchers found that daily aerobic exercise altered the mesolimbic dopamine pathway in the brain. Dopamine is a key neurotransmitter associated with substance use disorders, playing an important role in reward, motivation and learning.

a woman running

Daily aerobic exercise altered the mesolimbic dopamine pathway in the brain. image is in the public domain.

“Current work is looking at whether exercise can normalize dopamine signaling that has been changed by chronic drug use, as this may provide key support of how exercise could serve as a treatment strategy for substance abuse,” he says.

“Further studies that focus on people with substance use disorders should help researchers develop new methods to integrate exercise into treatment regimens that may help prevent relapses,” Thanos adds.

About this neuroscience research article

Funding: The current study was funded by the NY Research Foundation and appears in the online edition of Medicine & Science in Sports & Exercise. The article authors include Lisa S. Robison, PhD, a former graduate student of Thanos, of the Department of Neuroscience and Experimental Therapeutics, Albany Medical College, Sabrina Swenson, postbaccalaureate fellow, John Hamilton, graduate student, and Thanos, of the Behavioral Neuropharmacology and Neuroimaging Laboratory on Addictions (BNNLA), Research Institute on Addictions and Department of Pharmacology and Toxicology, Jacobs School of Medicine and Biomedical Sciences.

Source: Cathy Wilde – University at Buffalo
Publisher: Organized by
Image Source: image is in the public domain.
Original Research: Abstract for “Exercise Reduces Dopamine D1R and Increases D2R in Rats: Implications for Addiction” by Robison, Lisa S.; Swenson, Sabrina; Hamilton, John; and Thanos, Panayotis K. in Medicine & Science in Sports & Exercise. Published April 2 2018.

Cite This Article

University at Buffalo “Exercise Helps Treat Addiction by Altering Brain’s Dopamine System.” NeuroscienceNews. NeuroscienceNews, 27 May 2018.

University at Buffalo (2018, May 27). Exercise Helps Treat Addiction by Altering Brain’s Dopamine System. NeuroscienceNews. Retrieved May 27, 2018 from

University at Buffalo “Exercise Helps Treat Addiction by Altering Brain’s Dopamine System.” (accessed May 27, 2018).


Exercise Reduces Dopamine D1R and Increases D2R in Rats: Implications for Addiction

Introduction Exercise has been shown to be effective for preventing and treating substance abuse in both clinical and preclinical studies. Less is known, however, regarding the underlying neurobiological mechanisms driving these changes in drug-seeking behavior. One possibility is that exercise may alter the mesolimbic dopamine pathway in such a way that makes drugs of abuse less salient and/or rewarding.

Methods To examine possible exercise-induced changes in dopamine signaling, male and female Lewis rats were split into exercise and sedentary groups at 8 weeks of age. Exercise rats were run on a treadmill at 10m/min, five days per week, for six weeks, while sedentary rats remained in their home cage. Rats were euthanized following the 6 weeks of treatment, and their brains were used for in vitro autoradiography using [3H]SCH 23,390, [3H]Spiperone, and [3H]WIN55,428 ligands to quantify D1R-like, D2R-like, and dopamine transporter (DAT) binding, respectively.

Results Exercised rats had 18% and 21% lower D1R-like binding levels compared to sedentary rats within the olfactory tubercle (OT) and nucleus accumbens shell (AcbS), respectively. In addition, male and female exercise rats showed greater D2R-like binding levels within the dorsomedial (DM CPu; 30%), ventrolateral (VL CPu; 24%), and ventromedial (VM CPu; 27%) caudate putamen, as well as the OT (19%). Greater D2R-like binding in the nucleus accumbens core (AcbC; 24%) and shell (AcbS; 25%) of exercised rats compared to sedentary rats approached significance. No effects were found for DAT binding.

Conclusions These findings support the hypothesis that aerobic exercise results in changes in the mesolimbic pathway that could mediate exercise-induced attenuation of drug-seeking behavior.

Feel free to share this Neuroscience News.


Source: Exercise Helps Treat Addiction by Altering Brain’s Dopamine System – Neuroscience News

Best Fried Chicken in Atlanta According to Some

Souther Fried Chicken is almost a staple in these parts.  One of our US Senators, David Purdue, is part of the a Chicken Dynasty.

Here in Georgia, anyone you ask will probably have their own favorites.  So, I’m not going to try to list them in any kind of order.

Hopefully our Learning Community can provide helpful reviews so we can know which ones to try and which ones to avoid.

  • Matthews’ Cafeteria, in Tucker,
  • The Colonnade
  • Mary Mac’s Tea Room
  • Gus’s World Famous Fried Chicken
  • Publix,
  • Popeye’s
  • Revival, in Decatur,
  • South City Kitchen, in Midtown and Vinings,
  • Table & Main in Roswell
  • Downtown Kitchen in Canton
  • The Marietta Local in Marietta
  • Burke’s Grill, Douglasville
  • Folks, multiple locations
  • John Boy’s, Marietta
  • Soul Delicious Grill & Buffet, Morrow
  • J.R.’s Loghouse, Norcross
  • Hop’s Chicken at Ponce City Market, Atlanta
  • The Magnolia Thomas Restaurant, Woodstock
  • Big Willie’s Hot Stuff, Marietta
  • It Is What It Is Wings & Things, Lithonia
  • Bojangle’s, multiple locations
  • Flatlands Bourbon and Bayou, Alpharetta
  • Kroger, multiple locations
  • Moore’s Gourmet Market, Cartersville
  • New Georgian Hills Restaurant, Canton
  • Buckner’s, Jackson
  • Summit Chase Country Club, Snellville
  • Midway Meal House, Cumming
  • Public House, Lilburn
  • The Chicken and the Egg, Marietta
  • Wahoo Grill, Decatur
  • Doug’s Place, Emerson
  • Big Chick, Washington
  • Krispy Krunchy Chicken, multiple locations
  • Busy Bee Cafe, Atlanta
  • Chick-Fil-A, multiple locations
  • The Mill Kitchen and Bar, Roswell
  • Fried Tomatoes, Marietta
  • The Brunch Apothecary, Dacula
  • Stack’s Kitchen, Johns Creek
  • Golden Corral, multiple locations
  • Harold’s Chicken and Ice Bar, Marietta
  • Strange Taco Bar, Lawrenceville
  • Agave, Atlanta
  • Mrs. Wilkes’ Boarding House, Savannah

Samantha Bee Reveals R-Rated Parenting Technique That Gets Her Kids In Line

Samantha Bee Reveals R-Rated Parenting Technique That Gets Her Kids In Line

“Full Frontal” host Samantha Bee is no stranger to using salty language — and apparently neither are her young children.

And it involves a short, sharp burst of cursing.

I can get them to do anything just by letting them use one piece of salty language in a conversation,” she said. “That’s their treat. It’s the greatest parenting coup that I ever came up with. I’m such a smart parent.”

Bee revealed how her offspring, aged from 6 to 11, preferred being allowed to swear over more regular treats such as chocolate or cake. She then gave a hilarious example of what she lets them say.

New Study: 58% of Republicans say Colleges and Universities are Bad for Our Nation

The facts reported in this new study are absolutely the most important facts that have come across my desk in awhile.  The facts I’m talking about come from a new study by the Pew Research: Sharp Partisan Divisions in Views of National Institutions.  Republicans increasingly say colleges have negative impact on U.S.

The study reported that 58% of Republicans, and 65% of Conservatives, believe colleges and universities have a negative effect on the country.  This is very important to understand.

Why do they believe that colleges and universities are bad?  Easy, Colleges and Universities produce new learning, and for this 58% that is negative, because they believe the Bible is the last word and no new learning is necessary.  And, in fact, any new learning that counters the Bible is negative.

A majority of Republicans and Republican-leaning independents (58%) now say that colleges and universities have a negative effect on the country, up from 45% last year. By contrast, most Democrats and Democratic leaners (72%) say colleges and universities have a positive effect, which is little changed from recent years.

Wide partisan differences over the impact of major institutions on the country

Across educational groups, Republicans give colleges & universities low ratings