Sunday, April 7, 2013

Work Out Woes: How to Motivate Yourself

I recently devised a plan to motivate myself to achieve two goals: get in better shape, and acquire the new iPad Mini (so cute!) before graduation (May 4th).

As an economics major, the idea of incentives is always hammered into my brain. I'm shocked that it took this long for me to actually apply the concept to my own life!

Here's the agreement that I made with myself:
1) For every mile run, I award myself $10
2) For every mile ran after the first mile, I get 1.25 x 10 x # of miles ran.
3) For every pound lost, I get $50.

The numbers may seem large, but since I'm going out of town for two weekends,  I really only have 22 days to earn as much money as possible. I chose the numbers based off of the cost of an iPad Mini, the amount of days I have before graduation, and the amount of money I have to put aside. If you're planning on doing a similar workout agreement with yourself, I'd advise coming up with your own numbers based off of the length of the challenge and the amount of money you are are able to give yourself.

I'll upload my progress photos when the challenge is complete! Wish me luck and please let me know if you've tried something similar and if it worked for you!

Bills of the FL. Legislature


As Florida’s legislative session nears its halfway mark, I wanted to take a moment to review what I think are some of the most important (and interesting) bills of the 2013 session:

1) Internet Cafes: In response to the resignation of Lt. Governor Carroll, the Legislature has been moving swiftly to outlaw the operations of Internet cafes. Both the House and Senate versions of the bill would ban what have been called “adult versions of Chuck-E-Cheese” in the hopes of reducing gambling. In a 108-6 vote, the House version of the bill, HB 155, was passed on Friday, March 22nd, while the fate of the Senate version, SB 1030, is yet to be determined.

2) Vehicle Registration Fees: Sen. Negron, a Republican from Stuart, proposed SB 7132, a bill that would eliminate the $220 million in tax breaks insurance companies receive while simultaneously lowering the fees that car owners pay for registration. The bill would reverse the 2009 decision to increase fees in order to raise revenues. Currently the bill is on sitting on the desk of Sen. Gaetz, who will determine which committee will hear it next.

3) Pension Plans: A top priority for Speaker Weatherford this session is reforming the state pension plan. The Senate and House have gone back and forth revising the plan, but there’s still a compromise to be made. As it stands, the current proposal is "a measure that would retain the traditional pension plan but offer incentives to new workers to opt for the 401(k)-type retirement coverage.(1)"

4) Internet Sales Tax: If everything with SB 316 proceeds as planned, online-only businesses will no longer be able to avoid charging a sales tax for online purchases. Sen. Detert proposed offsetting the increase in taxes with a decrease in the tax rate applied to the sale of communications services (i.e., cable and phone bills). Currently, the bill has only been heard by the Commerce and Tourism Committee and has a long way to go until it could potentially become law. 

5) Property Insurance – Massive property insurance reforms are making their way through the Senate with the state-run Citizens Property Insurance Corp. serving as a target. The intended goal is to shrink the government’s role in insurance. For more information, click here.

6) SM 78: In this Senate Memorial, the FL Senate urges the U.S. Congress to repeal the income tax and enact a national retail sales tax. This is likely just a symbolic move, as a national sales tax is far from making its way into law at the Federal level. 

7) Gun and Ammunition Taxes for School Safety: Both the House and Senate version of the bill would require the taxes paid on guns and ammunition to go towards a school-safety trust fund. The NRA-ILA (National Rifle Association – Institute for Legislative Affairs) has listed the bill as one of the “worst senate bills.”




[1] http://politics.heraldtribune.com/2013/03/30/at-legislative-sessions-midpoint-full-agenda-of-life-issues-remains/