Commentary

January 25, 2013

Chaplain's Corner

This Year Think Small

by Chaplain Aaron Klaves
452 AMW Chapel Staff

Merriam-Webster’s Dictionary defines the verb “snowball” as increasing, accumulating, expanding, or multiplying at a rapidly accelerating rate. New Year’s resolutions can be a lot like snowballs. Just as a small lump of earth can increase in mass and speed as it rolls down a snowy hill, large and daunting goals can be equally easy to achieve when smaller ones are first accomplished. Unfortunately, when goals are too large to begin with, they can be difficult to start and tougher to finish, which usually results in total abandonment. If this describes some of your past resolution efforts, try thinking small this year.

For instance, suppose your New Year’s resolution is to shed credit card debt. Perhaps you have three or four cards you would like to cut up. Rather than making minimum payments on all of them, which can make their payoff a long-lasting ordeal, most personal finance managers recommend incorporating the “snowball principle.” First, identify which card carries the largest minimum payment or charges the most interest. Then, rather than making that card’s minimum monthly payment, pay a little more. How much more? That is up to you — what you can afford. Just remember, even a modest amount above the minimum is better than nothing at all.

Eventually the day will come when that first card is paid off — congratulations, one less bill! Now, all your newfound wealth, ordinarily spent on the first card, is added to the minimum payment of your next largest bill. When that card finally goes, the money saved is then applied to the next. Do you see how this works?

Your debt-payoff snowball grows bigger and bigger, rolls faster and faster and before you know it, you are out of debt! Just think, all you did was pay a modest amount more on your first bill! Was this plan magical? No, not at all, just a little push in the beginning, some patience and help from math and physics.

Can you think of ways to apply the snowball principle to other resolutions of yours? You can consider setting goals that allot more time for family, or less time watching television and more physical fitness activities. The possibilities are endless. The key is starting small and consistently keeping at it. As time goes by, the momentum you have created will make your efforts much easier. Hey, you might be surprised at what big things result.
Happy New Year and God bless!




All of this week's top headlines to your email every Friday.


 
 

 
U.S. Air Force photo/Megan Crusher

‘The Spirit of Ronald Reagan’ gets nose art

U.S. Air Force photo/Megan Crusher Col. Russell Muncy, commander, 452nd Air Mobility Wing, March Air Reserve Base, California, and U.S. Congressman Ken Calvert, California’s 42nd district, unveil C-17 original nose art, creat...
 
 
AFN courtesy photo

Hollywood’s Oscar shout outs for U.S. military

AFN courtesy photo From left, Eric Gabriel, Army Maj. Rosy Poulos, Patrice “Rock” Grant, Air Force Staff Sgt. Rob Harden and Fabian Montgomery, American Forces Network employees, work the red carpet at the Oscars to provide...
 
 

452 AMW QUARTERLY AWARD WINNERS

2nd Lt. Jim Lambert, 452nd Aeromedical Evacuation Squadron Company Grade Officer of the Quarter Senior Airman Anahi Ledezma, 452nd Communications Squadron Airman of the Quarter Staff Sgt. Paul Bugar, 729th Airlift Squadron NCO of the Quarter Master Sgt. John R. Hershey Jr., 752nd Aircraft Maintenance Squadron SNCO of the Quarter
 

 
U.S. Air Force photo / Megan Crusher

March Field FES hosts Riverside County Chief’s Association meeting

U.S. Air Force photo / Megan Crusher Eliot M. Cooper (center), assistant fire chief and C. Christianson (left), assistant chief of training, give Patrick Reitz, fire chief, Idyllwild Fire Protection District, a tour of the Marc...
 
 
163rd Security Forces Squadron courtesy photo

March Airmen respond to helicopter crash

163rd Security Forces Squadron courtesy photo A UH-60 Blackhawk helicopter rests on its side at Ramona Airport, Ramona, California, Jan. 20, 2015, after crashing. Seven Airmen from the 163rd Reconnaissance Wing’s Security For...
 
 
Figure-2

Dietary supplements: How safe are they really?

Walk into a health food store today and you can be overwhelmed by shelves piled with dietary supplements. What’s going on? For the past ten years the popularity of dietary supplements has increased steadily. Supplements are a...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


Directory powered by Business Directory Plugin