Submitted by DYSNYD
Submitted by DYSNYD
Submitted by DYSNYD
Your student is planning on following in your footsteps and will be receiving that admissions letter of acceptance sooner than you think.
Now that I have started a family of my own, the holiday season has become a trip down memory lane for me and my husband. We get to relive all of our favorite childhood traditions as we share them with our son. Decorating the house, recreating delicious recipes, and traveling to visit family are all things we enjoy doing this time of year.
How is getting and keeping a healthy body like getting and keeping your financial house in order? I'm responsible for everything that I put into my body. An obvious limitation is if I believe I'm putting in something 'healthy' and it is not. Even though it appears healthy and tastes healthy, it might have an ingredient I thought was benign but it turns out that particular ingredient is working against everything I was trying to accomplish with the 'healthy' food in the first place. And my ignorance has been in place for a very long time. The ingredient is MSG. It's avoidable but it will take diligence and persistence on my part to avoid it every time I eat. It's been in my food since 1976 (the first year I had a weight issue). Now I know.
In getting and keeping your financial house in order, you are responsible for everything you spend, save, and invest in. A really obvious limitation is if you believe you are spending frugally, saving enough, and investing in companies that will increase your investment but some or all of that might not be true.
Here's a way to check your spending: track one week – throw receipts in an envelope and include a simple list of any online purchases and bills paid that week. At the end of the week, spend a few minutes looking over what you received for your money. Does every expense track with your personal priorities towards your stated goals? If not, now you know.
Here's a way to check your saving: this one can be very confusing – if you never use credit cards for unexpected expenses and if you could lose your income and be okay for a few months and if you can meet your stated spending goals without worry, you might be saving enough. But for many of us, we want this and more. We want to understand if we have enough for scary stuff, for fun stuff, and for choices. This one takes planning and after more than 25 years serving clients in a planning role, I do not know a shortcut for the work of planning. Now you know.
Some Thursdays are just another day of helping clients manage their financial lives, divorcing couples navigate a good financial outcome, and helping those with less funds get started through online planning. Today’s Thursday involved a midday break to attend a celebration of life ceremony for a friend’s brother who died unexpectedly. Danny, as I briefly knew him, is one of those good souls, the kind of person I’d want to be near in any kind of trouble. At the service, we heard from several who’d known Danny for decades and his kindness was universal and consistent. The whole family is like that – even the extended family. Having lived all over this country, I’ve found there are good people everywhere – you just have to find them. The Reeves family and extended family are good people.
Patsy, Danny’s widow, described their blended family as having been “grafted together with many, many ‘opportunities’ to grow in understanding and love”. When a person from Chicago (as I am born and raised) hears ‘graft’, we don’t normally consider opportunities to grow in understanding and love, but Patsy was very convincing and as I thought about it, it occurred to me that her understanding of blending families is profound and important. Grafting can mean transplanting (living tissue) as a graft. This is no easy task. It means lots of days when one could make the choice to not be understanding, not love the family member and definitely not grow. But if you took the more difficult path as Danny and Patsy clearly have, what could be the rewards for that? In winemaking grafting means taking root stock that works and placing a new vine on top of it to get something even better than that with which you started. And so it is with good people.
Just the word, divorce, can be upsetting to some people. But this word describes best what is actually happening. We could say transition, dissolution, disunion, split or several others. The reason we use ‘divorce’ is because it describes a legal declaration dissolving a marriage and our work in this area is focused solely on the financial aspects of a divorce.
Some people assume our divorce work is depressing. In fact, once a family has decided to live separately, we believe our work helps them build a healthy, secure foundation for the new life they seek and perhaps were meant to live.
When life beats you up, remember, there is no poverty where there is laughter and love.