#225. Dad, what is Kaizen?By / DAD: Kaizen means “perpetual incremental improvement,”. Doing small things a little bit better each day.
#11. Dad, what is an emergency fund? Wisdom / By DAD: The purpose of an emergency fund is to allow a person to get through financial emergencies without incurring debt.
#229. Dad, what is “deliberate practice”? Wisdom / By DAD: Spending 10,000 hours focusing on getting better and better.
#20. Dad, what will happen if interest rates increase by 1%? Wisdom / By If interest rates went up by one percentage point, 971,000 Canadians will end up in a cash crunch.
#228. Dad, what is EQ? Wisdom / By DAD: EQ or emotional intelligence, is being able to recognize, understand and manage your emotions and the emotions of others.
#215. Dad, I have too many commitments. Wisdom / By DAD: If you commit to too much, you don’t give quality to all of the things you’re committed to.