I don't know about you, but this year has flown by. Life seems to be on fast forward, and it can be hard to remember all that you’ve accomplished throughout the year. You can get down thinking about all that you didn’t accomplish as well. I was in this mind frame when I decided to go back and really think about my year. And since I’m a numbers gal, let’s look at the numbers.
There were countless other amazing moments. Some were sad such as having to put my dog on prosaic and on a more serious note, we’ve had to say goodbye to some loved ones. There were happy moments like seeing my mom’s face light up when she sees her granddaughter. Now it’s your turn! What were your highlights this year? Take a moment to reflect on them. What would your life look like if you had the guiding hand of a coach? Because in the end, that is what I am to my clients, support, guidance, confidence, and even strength when they can’t find it for themselves.
If you know a woman in your life who could use some help, respond to firstname.lastname@example.org with their email. They will receive a FREE copy of my book to get them started. Just think, you could give them this amazing gift to get their life turned around for the better, to really make an impact in their life and their family's life. Is there a better holiday gift that you could give them and their family? This is my holiday gift to you, to help someone who is important in your life. So please send along as many emails as you would like because it is all about giving this month.
And I want to thank you for another wonderful year with my blog and with my work. You make me so excited to come to work each day and bring so much fulfillment into my life. Please let me know what topics you’d like to read about in 2018 so we can keep the fun and momentum going! Fill out the form below to give me your thoughts and what you'd like to read more of.
Have a wonderful and safe New Year!
Jessica Weaver, CFP®, CDFA™, CFS®
Any opinions are those of Jess Weaver and not necessarily those of Raymond James. Raymond James is not affiliated with and does not endorse the book, “Strong Woman Stronger Assets.”
*Strong Woman Stronger Assets is a #1 International Bestseller on March 17th, 2017 on Amazon.
Christmas is days away! Such an exciting time of the year…the weather starts to chill, you want to cuddle up to your loved one or your kiddos, and you are also the most stressed you’ve been since this time last year. I’m writing this with 6 weeks to go until Christmas, and I am already frazzled to a new extreme thinking, “how am I going to get it all done with an infant in tow?” As you know, I’ve done a lot of mindset work on myself, and this is definitely testing me to a new level. I really want this Christmas to be special for our family, and while we will miss dearly our Pop at our Christmas dinner, we have our new bundle of joy. It does seem to happen pretty frequently that when you lose a loved one, another one is around the corner to capture your hearts again.
So to make sure I can enjoy this wonderful holiday season, I’ve created sort of a plan. Remember planning is the basis to fulfilling your dreams whether with money or with your personal life (though money is a part of your personal life whether you want to admit it or not!). I am going through my own checklist of things that breed anxiety in me, and how I am going to deal with them. If I don’t deal with them and just ignore them, then a monster will show up for Christmas dinner instead of me!
To start, it is important to know what are the things that you cannot control. By identifying those, you can stop wasting energy worrying about them. For me, my husband is working the nightshift for Thanksgiving and Christmas day. He’s either worked Christmas day or Christmas night the past 3 years, or every time we’ve hosted Christmas dinner. There is nothing I can do about this, and despite it hurting a little since this is the first Christmas with our baby, it isn’t worth fretting about. Another thing not worth stressing over is all the spilled eggnog from my father when he came in my house last year. Don’t cry over spilled milk or eggnog in this case even if my 8 pound dog is licking up every ounce of spiked eggnog and spent the holiday a little drunk. Crying would have made the accident worse, fussing over it wouldn’t have cleaned it up before Duke drank it all, but laughing over it definitely made it more memorable!
What aspects of your holidays can you pick out and know they will be there no matter what so you will stop worrying about it? Is it your in-laws always stay a little longer than they are welcome? Do you have relatives who are always 3 hours late? Does your mom always pick out the one thing she doesn’t like about your outfit or the meal you just spent all day making? Just know they will be there and move on. It also works with your money. There are times when you just have to accept a circumstance and move forward like paying child support. It can be a huge drain on your money, but you have to pay it, accept this fact and move forward by lowering your other expenses or putting some goals on the back burner for now. Or you have debt and a big debt payment. Accept it and move forward with a plan to pay it off.
Now when it comes to eating dinner, we have to stay on schedule so my husband can eat and get to work. For this, I will create an hour by hour timeline to make sure I get all the cooking done and table set by 3 o’clock! This is when it is great to plan ahead, create a timeline, and adjust accordingly. For some reason every year the same size and cut of meat always takes a different amount of time. I have no idea why, but knowing this I can make changes to insure my hubby gets a good meal.
Planning can drastically reduce your stress during the holidays and it can also help with your money. By having a solid plan, you can free up time and energy, plus you will know you are making the right decisions and are on track for your dreams. Even market corrections aren’t a bad thing when you have a good plan because they are already built into your plan. Planning can give you confidence knowing you are doing everything you need to be doing and clarity over what the end game is whether it’s retiring happily ever after or putting together a gorgeous and delicious holiday meal.
I have also decided to delegate this year! My father and father in law are in charge of my little daschund and the grandmothers are in charge of Andie. My hubby will be sleeping most of the day to get ready for his overnight shift, so I will need as much help as possible. My father will make sure every wine glass is constantly full, one of his many talents. My mother-in-law will help with our raviolis and my mother will get all the appetizers out and then put away nice and neatly. It really helps to include everyone, and it makes it more fun!
What parts of your holidays can you delegate? It will save you time and money in the end, which you can always have more of during the holidays. And what parts of your finances can you delegate out? Hire an advisor to make sure you are doing everything you need to with your money. Find an estate attorney to get your estate document in order so you don’t leave your family with a huge burden of a messy estate.
And lastly, we are going to adjust when we open gifts. We will do our “Christmas morning” on Christmas Eve morning, and this is my recommendation to you. Finding the times when you can tweak your plan to enjoy the holidays more. And what areas with your finances need some adjustments? As you go through the stages of life, your money needs change and will need new strategies. As the markets change, your investments can use some tweaking as well. Having a good team in place can help insure this happens.
Jessica Weaver, CFP®, CDFA™, CFS®
Let me ask you, do you feel anxiety start to creep up your spine when you think about your money? Is there a constant presence of stress whenever you go to buy something? You have the same concerns as everyone else, so don’t feel alone. We all are stressed when it comes to money, and it really comes down to the worry over if we are spending too much or saving too little. In the end, how do you know what is the right amount to spend and save. You want to live for today while still feel prepared for tomorrow, right? So how do you have a rich life today and an even richer life tomorrow?
It begins with balance. Balance of dealing with your family while also having time for yourself. Balance of spending on the things that bring you satisfaction today while also having enough money left over to invest in your future. Balance of taking care of your finances while also having some fun and enjoyment in your life TODAY.
So how to you achieve balance, it’s easier said than done, right? Well it begins with knowing what brings fulfillment into your life. You will need to do some soul searching to get to the bottom of what you are doing all of this for? Why do you get up every day and go to work? Why are you saving money for? It isn’t just the paycheck or what the paycheck buys you. And it isn’t just what all the saved up money will buy you. It’s how you will feel when you buy something that brings you enjoyment or your family enjoyment. So what is that thing? Or as I say in my book, Strong Woman Stronger Assets, what is your asset?
Having clarity over this is crucial because you’ll stop spending money frivolously and spending money strategically. Just throwing money out the window because this dress you “kind of” like is 80% off or because you “might” need these snow-boots this winter even though you hate going out in the snow. It’s about setting aside money for your future first and spending the rest of it on the things you really care about. When you do this, it doesn’t seem like you are cutting back on your lifestyle.
Before you buy something, think about how many hours of happiness it will bring into your life. If the joy lasts one hour, it might not be worth the high price tag. But if the joy will last months or even years, it could be worth it. Will you only get fulfillment out of it or will others get enjoyment from it?
Just to recap, you are going to first get clarity over your “asset” or what you are working towards. Next you will set aside money for your future in a bank account, investment account, retirement account. Third you are going to be more strategic with your current spending so you won’t feel like you are lowering your standard of living.
There is one critical part we didn’t talk about, and it is how to align your beliefs with these goals. When you get scared of something, doesn’t it seem like you can’t stop thinking about it? It haunts your mind all day and definitely all night, right? And you become fixated on it. You really need to retrain your mind so you can prepare for it while letting the fear go and leave you. This is such a critical aspect of balance, that I am co-hosting an exclusive event with a hypnotherapist on this exact topic. She specializes in hypnotherapy for anxiety, and since we all have some anxiety over money, you should come to our event. Click below to get the information and to sign up. There is a bonus for signing up so invite your friends along too.
I get asked a lot about debt, how to use it, how to stay away from it, and how to not be terrified of it! In my opinion, we need good debt in our lives, and we need to start lowering our bad debt. You might have heard of putting a freeze on your credit cards, but have you ever literally frozen them in a block of ice? By the time the ice melts, you might be of a saner mind and not buy the $3,000 handbag you thought you “needed.” That tip was a free give away, and here are my top 10 tips for dealing with debt:
Jessica Weaver, CFP®, CDFA™, CFS®
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete. Any opinions are those of Jessica Weaver and not necessarily those of Raymond James.
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