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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!


MORE RESOURCES:

Gulf Times

Ivory Coast could get debt relief mid-2009 - World Bank
Reuters South Africa, South Africa - 19 hours ago
This is Ivory Coast's third attempt at HIPC debt relief. According to Economy and Finance Minister Charles Diby Koffi, external debt repayments amount to ...
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BBC News

Progress seen in debt relief for poor countries
Pakistan Dawn, Pakistan - Sep 4, 2008
By Masood Haider UNITED NATIONS, Sept 4: A new UN report finds significant progress in providing debt relief to the world’s poorest countries. ...
DEVELOPMENT: UN Warns of Faltering Goals on Aid, Trade IPS
Poverty-reduction aid lags, study finds Los Angeles Times
New UN report ‘sounds strong alarm’ on gaps in achieving ... UN News Centre
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Handloom weavers may get debt relief
Business Standard, India - Sep 2, 2008
After the debt waiver scheme for farmers, the Union government is hoping to extend a similar scheme for handloom weavers. The Union textiles ministry, ...


Gene F. Turnwald: Debt relief might be less than it promises
Lansing State Journal, MI - Sep 2, 2008
I ask you to please keep that in mind when dealing with debt relief companies that guarantee to lower your credit card or loan payments and interest rates. ...


Bankruptcy lawyers can advise clients on debt-court
Reuters - Sep 5, 2008
The amendment in dispute prohibits debt-relief agencies from giving clients advice about taking on more debt before filing for creditor protection. ...
8th Circuit: Bankruptcy Provision Violates Lawyer Free Speech Rights ABA Journal
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Staying On Track with Your Debt Relief Plan
3x24 - Your Newspaper and News Magazine, Germany - Aug 29, 2008
All these things, however, pale in comparison with the importance of sticking to and staying focused on your debt relief plan. Sticking with a debt relief ...


Group advocates tax increases and non-user fees for sewer debt relief
The Birmingham News - al.com, AL - Aug 29, 2008
A group of community activists and State Rep. Mary Moore said today the Jeffrson County should increase property taxes and impose non-user fees on water ...


Online Audio Seminar on Debt Relief Helps Consumers
PR Urgent - Aug 26, 2008
Personal finance publishing company offers online audio seminars to help consumers decide between different debt relief options and how to negotiate debt ...


Consolidate Your Bills and Save Up To 75% Today
WebWire (press release), GA - Sep 1, 2008
http://www.debtconsolidationunion.com ) At DebtConsolidationUnion.com visitors can find excellent information about successful methods of debt relief and ...


Business Debt Reduction Sets You Free Of Debts
Search By Headlines (press release), NV - Sep 1, 2008
Debt Relief-Assistance brings a simple online way to deal with any such issue that too without letting it burden your budget. With the help of business debt ...

Debt-Relief - Google News

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