Think for a Change

I'm not sure where it originated, but I've heard it repeated time and time again: Insanity is doing the same thing over and over and expecting different results. As much sense as that statement makes, we often find ourselves addressing the same issue with solutions that are little more than rearranged expressions of previously failed solutions. Why can't we develop new solutions to persistent problems? Because we refuse to think!

Chris Argyris first articulated the concept of double-loop learning. Stop; don't close the window... this is easier than it sounds. Once you get a handle on it, you will be better prepared to address the problems you face with solutions that might actually work!

Let's back into the idea. Let's say you have a persistent problem in one area of your life--for instance, finances. You always seem to come up short in your cash flow. That is a consequence of a strategy based on assumptions. There are the three parts to the process.

Many times, people experience negative consequences so they develop new strategies. After a while, they discover that the new strategies produced the same results as the old strategies. So, they lapse into an endless cycle of strategizing to overcome failed efforts.

In personal finance, people find themselves in debt, so they borrow money to get out of debt. Note: the strategy that caused the problem won't often be the solution to that problem!

The real solution to the problem requires a careful evaluation of the assumptions upon which the failed strategies are based. This is tough because it requires people to change their minds and their actions. Yet, real solutions can't be developed apart from this process.

In personal finance, an individual must determine that personal debt is not the solution to the problems encountered at the end of the month. Granted most people carry huge loads of debt; but most people are broke! It's not working for them, why will it work for you?

The consequences you face are a result of the strategies you develop. The strategies are rooted in your assumptions about the way things really are. If you want to solve problems and stop pretending to be a victim of your circumstances, you'll embrace a new way of thinking. Otherwise, you're doomed to repeat encounters with the same negative consequences.

Get control of your thinking or someone will be glad to think for you!

Dr. Terry Hadaway is author of 30 Seconds to Chaos: Mastering the Art of "What If" Thinking and numerous articles. Visit http://www.30secondstochaos.com for more information on Dr. Hadaway and his straightforward approach to winning at life!

In The News:



Better Links Directory


Debt Management - Is It the Right Choice For You?

Debt Management plans offer credit counseling clients a different and... Read More

Bankruptcy: Which Chapter Do I File?

There is more than one kind of bankruptcy. You should... Read More

Is My Credit Card Debt A Problem?

For most Americans, credit card debt is a dangerous and... Read More

Personal Debt Reduction Practices

Personal debt reduction practices, the steps people take to relieve... Read More

How to Get Money When You Are Broke

(Money You Don't Have to Pay Back) 1. One way... Read More

What Does A Bankruptcy Trustee Do?

Once you file bankruptcy a court appointed bankruptcy trustee will... Read More

The 5 Secrets to Getting Out of Debt Fast

As they stare down at a teetering pile of bills,... Read More

Are You Beating Up On Yourself About Debt?

When you hear the word "debt", whats the first thought... Read More

The Road to Debt Relief

Living with debt is not something someone hopes for, but... Read More

Credit Card Debt: How to Get Rid of It

This method is simple, but requires some discipline.First, you have... Read More

Selecting A Credit Counselor; Asking The Right Questions.

When you find yourself thinking about using a credit counseling... Read More

Five Major Ways to Save Money

There are two main roads to improving your personal finances:... Read More

Reduce Your Debt

Do you want to reduce your debt? Having trouble paying... Read More

Debt: Dont Pay Your Minimum Balance

Almost all Americans carry credit card debt. Actually, over 40%... Read More

Bankruptcy - Your Fresh Start

Most American consumers are living too close to the edge.... Read More

Debt Recovery Can be Easy

OK, so you are up to your head in debt.... Read More

Individual Voluntary Arrangements- A New Alternative to Bankruptcy

This May, the Department of Trade and Industry in the... Read More

Student Loans Can?t Be Swept Away Through Bankruptcy

Bankruptcy is in the news these days, as Congress has... Read More

Secrets to Why Debt Reduction is So Vital for Your Financial Health

Living with debt is never a good idea if you... Read More

Debt Validation: Do you have to pay ?

It happens all the time. Debt collectors try to collect... Read More

5 Ways to Get Out of Debt

It has been said that everyday more and more people... Read More

Debt Elimination 1

If you have multiple debts, you may well be wishing... Read More

Getting Past The Idea Of Budgeting & Saving Money

I'm sure you'll agree that budgeting, saving money, and eliminating... Read More

Creating A Realistic Budget

Budgeting -- ooh, what a scary word! If you want... Read More

Your Ticket Out of Debt Relief

If you are in debt over your head and wondering... Read More