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I once knew a man who worked for a major oil company. He managed a large wholesale territory that sold fuel and oil products to airlines and other big accounts. Some years ago, the company decided to pull out of his territory. They offered him the opportunity to buy the wholesale business “for a song,” which he readily accepted. He worked diligently and set specific financial goals for his company. He committed these goals to writing on 3x5 cards and kept them in his shirt pocket so he could frequently review them. Everything he did with that business was aimed at fulfilling these goals.
At age ten, Kent Andersen set his sights on being a doctor. He never once doubted his future in medicine—that is, until he submitted his medical school application. To the shock of friends and family, Andersen decided being a doctor wasn’t what he wanted to spend his life doing after all.
With the exterior complete and the interior finish work picking up pace, the Tanner Building Addition is quickly coming to life.
The retirement question often surrounds how much money you’re making, saving, and spending. It’s all about the time when work ends and, presumably, fun begins. You’ve either been stashing cash away, buying stocks, or even building a family business with the possible goal of selling it and enjoying retirement. Yet once retiree life begins, the financial work doesn’t suddenly end. The question now becomes: How will you make your savings last so you don’t run out of money before you run out of life?
If you think about the decisions you make between the ages of eighteen and thirty, you’ll realize they have a fundamental impact on where your life actually ends up.
An average person attending a lecture about “model-driven system development” would likely be lost and confused within minutes. Likewise, as Stephen Liddle has attempted to teach this concept in his ISys 532 class, he is often met with blank stares.
With the costs of college increasing faster than other goods and services in the economy, it isn’t any wonder that studies show parents are more concerned about saving for their children’s college expenses than for their own retirements. But armed with information and good planning, there’s no need for parents to panic.
Gary Cornia Succeeds Ned Hill as Marriott School Dean
When three women picked up their lunch bill of about $44 at a local Houston restaurant, they had no idea it would end up costing them more than $2,500. These women have since accused a waitress of stealing their credit card numbers and going on a spending spree—buying a computer desk, a forty-two-inch LCD TV, and video games with the stolen numbers.
As BYU students returned to campus on 2 September, they had the chance to catch up on one another’s adventures, compare summer jobs, and explore the classrooms and corridors of the newly completed Tanner Building Addition.
Every member of the working world seems to have a horror story about an interview gone wrong, where the interviewer performed in a less-than-sterling manner. Maybe it was a clueless interviewer who didn’t bother to read your résumé or an overbearing windbag who didn’t let you get a word in edgewise. Then there’s the oblivious interviewer who doesn’t remember your name or the baggy-eyed boss who can’t stifle a yawn while asking about you. In more serious cases, perhaps the interviewer strays off into either unethical or illegal territory.
In 1988 I was with my brothers and sisters when the conversation drifted to our father, who had passed away many years earlier. We shared our memories of Dad: his ways of doing things, his favorite sayings, our fishing trips where all he did was bait hooks, and so forth.
Lessons from Joseph Smith, Lehi, and the Recent Accounting Scandals
Who’s Putting Their Money Where Their Mouse Is?
Successful organizations are dynamic, not static, always looking for a better way of doing business. With a vision of what they want to become, they set goals that make the vision a reality.