Monday, June 27, 2016

Transcendental Meditation Can Offer Many Benefits to Practioners


Sullivan Management Company, LLC, and REO Homes, LLC, founder and president Neill Sullivan enjoys leading a healthy, active lifestyle. When he is not overseeing renovation efforts and other residential construction projects in the Oakland area, Neill Sullivan enjoys playing recreational basketball and practicing transcendental meditation.

There are numerous physical and psychological benefits that have been associated with transcendental meditation (TM). Individuals who regularly practice TM have been able to address issues such as insomnia, stress, anxiety, hypertension, and more. Nearly 400 peer-reviewed research papers have found a number of additional TM wellness benefits as they pertain to everyday life.

Those who routinely engage in TM activities have been documented as enjoying a sense of inner calm throughout the course of the day, thanks in part to a reduced presence of the stress hormone cortisol. Meditation has been reported to benefit issues of high blood pressure and mitigate the chances of heart attack and stroke. Research also has indicated that meditation can enhance a person’s capacity for memory and overall brain function.

Thursday, June 16, 2016

Three Ways to Help Foster Financial Literacy in Your Teenager

Neill Sullivan is the founder and CEO of Sullivan Management Company and REO Homes. In addition to his work rehabilitating Victorian and vintage houses in both Oakland and Berkeley in California, Neill Sullivan is also passionate about promoting financial literacy among youth.

With average personal debt at an all-time high, the importance of teaching children and teenagers responsible personal finance practices is more important than ever. Below are three important way you can help get your teen off to a good start in building financial literacy.

One of the most important lessons you can teach your teen is the importance of delaying gratification. Thousands of dollars worth of credit are available to most of us at the touch of a button, but rather than going for that quick fix, the act of saving is a valuable teaching tool for teens, and adults as well. Children don't tend to think in terms of the long game. They can be tempted to blow their allowances and paychecks on that expensive pair of shoes, but you can stress the importance of saving for later by illustrating how they could eventually buy something more expensive, such as a car, if they put that money aside.

Another great lesson you can teach your teen is the importance of a budget by making them stick to one each month. Instead of doling out dollars here and there when they ask, give them a set amount at the beginning of each month with the understanding that it's up to them to manage it wisely. In the first few months, they may come to you later and ask for more money, having spent through their original allowance too quickly. By not giving in, however, you teach them a valuable lesson about planning their money wisely according to a budget.

Even better than an allowance, nudging your teen to get a job can go further toward developing financial literacy in their lives. When they don't receive an allowance and have to work for their money, your teen might think twice about blowing it all at once, especially if they are paying for expenses such as car insurance.