Thanks Living: The Four "P"s.

Therefore will I give thanks unto thee, O Lord, among the heathen, and sing praises unto thy name. Psalm 18:49

Give thanks: confess (originally acknowledge)

Among the heathen: in the sense of the masses

Sing praises: to make music, accompanied by the voice; hence to celebrate in song and music
Name: an appellation, as a mark or memorial of individuality; by implication honor, authority

Will I. 
That's personal. 

Among the masses. 
That's public. 

Give thanks/Sing praises.
That's purpose.

Unto Thee, Thy Name.
That's proper. 

Thanks Living is first personal. I have to do it. 
Thanks Living is to be public. I'm to be thanking and praising God so that others learn about how awesome my God is.
Thanks Living is to be purposeful. I'm to be giving thanks and praising God—no matter my circumstances or situation. Remember God does not change! 
Thanks Living is proper. It's the right thing to do. God is to be thanked and praised, because He is God Almighty!