Excellent Free Home Inventory Software

If youre like me, you might have some idea about what you have in your home, but you probably dont know how much all of it would cost to replace. If so, you might want to check out some great free software from the Insurance Information Institute. While I was reading through a couple of blogs this weekend, I discovered the link and tried the software out – I must say, its quite nice for free software. You setup your basic information (name, address, insurance company, etc.) then define the rooms in your home. After that, you can add items to each room and put fairly detailed information (type of item, serial #, where it was purchased, value, etc.). It also allows for a couple of pictures of the items, the rooms, and the house itself. The only downside to the software is that everything is stored on your personal computers hard drive instead of online or somewhere more safe (Im assuming most people out there still arent taking care of backing things up like they should be doing). It looked like III may offer online storage of the information in the future though from some comments on the download page – but for now, just remember that you need to back up this type of information. Once you have the inventory entered, youre not going to want to re-type it.

Heres the link to the download page:

http://www.knowyourstuff.org/download.htm

(The do want to know your current state of residence, operating system, and e-mail address before you download.)

What do I mean by The Business of Life?

As I mentioned in my introductory post, Ive decided to take a new approach to life. This new approach is something Im going to be calling The Business of Life. The basic premise is that if one is to look at ones life as a manager looks at a business, one would be better able to focus on the things that matter and it would be more likely that one would reach his or her goals more easily than if he or she simply goes about life in a haphazard manner. Ill be developing (and evaluating) this line of thinking and documenting the results in this blog, but for starters, heres a quick overview of my thinking at the moment:

Always set goals for anything important to you.
These goals must be specific and measurable.
They must be actionable (i.e. you can do something about them).
Its very important that you monitor these goals to force yourself to make progress – sure, its work, but remember that this work is driving towards whatever you want most out of life so its the good kind of work.

Identify your priorities in life and organize everything else around them.
DO NOT look at your schedule and then decide which priorities you can focus on – decide the priorities you WILL focus on first.

Focus on what you can control.
If you really put your mind to it, there are very few things you have at least some degree of control over. Identify those things and focus on them and accept that those things that are out of your control are just going to happen and you dont have a choice if you do or dont like it. (e.g. You cant control if you get a promotion, but what you can control is your level of performance. Do the best job you can and thats all you can do.)

Remember there are always two choices in any given situation.
You may not like the other choices, but they are always there (of course, like any generalization there are bound to be exceptions, but for the most part, this has held very true in my experience). This is one of the topics I picked up during my MBA courses so Ill go into more detail on it later – but just remember there are always two choices and youll see for yourself how true it is.

Consider the tradeoff of each decision you make.
Everyone knows there are tradeoffs we make every day – but its been my experience that people fail to think about these tradeoffs and the implications of them BEFORE making the decision. Sure, youre still in control of your life because you did make the decision, but I would rather know the direction Im going before taking a step instead of it being a surprise afterwards. Of course, there are always going to be those times when you have to decide without knowing the impact of that decision, but most of the time, thats not the case.

That should be a good start towards what Im thinking – I need to do more reflecting on it and Ill continue to refine it and post it here, but these are at least in the ballpark. If anyone has any comments on this whole line of thinking, I welcome any feedback you may have.

And so it begins

It seems like giving a little overview of the blog is what the first post should usually be about these days, so here goes: Im a recent college graduate (Computer Science undergrad then straight through the MBA program) starting out at my first job in the real world. In the past, Ive done decently as far as managing my money, personal development, and life in general – but I havent really been focusing on the things that are important. Sometimes I happen upon them and things work out or I need to make a course correction and still manage fine, but I know there is a better way. This blog is going to be at least two things: something akin to a journal of my own experiences getting started in this real world as well as another perspective on the different areas of life that are of interest to me – in particular, personal finance, personal growth development, career development, and general lessons learned about the real world.

And now its time to start my job in the Business of Life.