WBL Workshop #6: Be Moneywise Reflection Journal

              In this work based learning workshop, Mr. Franck was a guest speaker and he spoke about important tips for our future success. First he spoke about the research he did on what teens and people in their twenties worry about. Teens usually worried about fitting in and people in their twenties focused on their career and skills. It shows how our minds tend to progress as we get older, psychologically. Then he showed us what was missing on the list of what they should be worrying about which were their privacy that is a privilege, their time management and accumulating wealth. For time management: how you spend your time now will determine how your time is spent in the future. The time that passes by will never come back so it is up to how you utilize it, either productively or by wasting it. Another lesson was to become a learner instead of one who looks to be entertained. So basically open yourself up to learning opportunities even if they aren't fun because you will be able to use your knowledge to your advantage; knowledge is power. By reading a lot you will have a clearer mind and be more educated.

            The formula for wealth is wealth = assets - liability. 

            Humans are creatures of habits so being able to understand your habits and have control over them will help you become successful. You can't solve your problems with the same thinking and habits that you used to create them because it is like doing the same things repeatedly and expecting for a different outcome which is crazy. He also spoke about being an owner instead of a consumer and to create goals for yourself everyday by physically writing them out so you pay more attention to whether or not you completed them. More tips were to guard your reputation and privacy (they're your lifeline), understand your resources and to pay attention to your surroundings. Surround yourself with successful people and you will become successful yourself.