Back to school – but do you know what your child actually does?

Do you know what your child does each day at school?

It is so easy to pack children off to school, taking it all for granted.  On the walk home, if you are lucky, you may find out what they had for lunch, maybe even the latest playground drama, but frequently very little (especially when the fancy dress reminder happens the next morning with 10 minutes notice).

How tough is school for children?

So, what do they actually get up to?  What is it they do?  Once we understand this, maybe we can then be a little more forgiving when the classroom angel turns into a frenzied tornado once they get home.  

Away from the confines and expectations of the classroom and need to conform, home is the safe haven, the place where they can feel at ease – even if that is somewhat different from how we perceive the ideal behaviour.

This article from the Huffington Post is a real eye opener as to what are children actually do each day – it’s impressive to say the very least !

So what do children do at school each day ? 

Choose any and all from this list – a creator, a thought leader, a mathematician, an author, a reader, an orator, a proof-reader, a scientist, a navigator, a sportsman, an artist, a negotiator – the list goes on! It’s even tougher if your child has challenges with their reading such as dyslexia – those children have to so much harder all day.

You can see what perhaps the angelic behaviour doesn’t exactly hold out until bed time.

What about you?

Turning to yourself, after a day of pressing the pause button between listening to co-workers apparent stupidity and responding in a far more professional manner, back at home, where it is unusual to be sacked, fired, or put on a warning, it is far easier to let fly with less than productive words.

Maybe both us and our children want the same thing after a day of controlling emotions – a snack, a snuggle, a story and an early bedtime.

 

Together we can bring some Serenity to your life.

 

What’s more addictive – cigarettes or phones?

Is a phone worse for your health than a cigarette?

Back in the day (the 80s), if you came across a group of teenagers, the chances are that they were standing around, sharing their cigarettes, and engaging in some form of social interaction.  It may not have been for everyone’s taste to walk through a tobacco smoke plume, but hey ho, those lads and girls were interacting – even it it was also causing early damage to their developing lungs. Continue reading “What’s more addictive – cigarettes or phones?”

How can you improve someone’s day?

 

Isn’t just thinking nice thoughts good enough?

It is generally easy enough to think nice thoughts about other people (it is actually easiest to criticise, but that is a topic for another day).

You may have noticed over the years, that very few people are telepathic, they cannot read our minds.  If the FBI cannot find a source of telepathic people to be agents, it is unlikely that the people we  meet day to day will have such skills. Continue reading “How can you improve someone’s day?”

How to cope with the stress of money

How bad can the stress of money get?

Aside from low esteem, lack of self worth, depression, PTSD and suffering from workplace bullying, another key factor which led my friend Del to die by suicide in 2013 was the stress of the financial future.  Worried that his illness could cost him his job, he could see no way forwards, no way to protect and provide for his family, and no outlook which seemed possible.  Tragically, I only knew of this after he died.

Who is there to help?

Had Del sought professional financial help instead of suffering quietly, allowing the stories of worry to spin out of control, without doubt we could have found a way to change his perspective, and work together to build a way forward.  Instead, he came up with his own financial plan, to protect his family’s financial future by choosing to die by suicide, relieving his own suffering and in his eyes, helping them.

Picking up the pieces, and working with Del’s wife Nel, we have been able to help, to give her purpose, and to bring a little sparkle back into her eyes at times, and that is the most worthwhile aspect of being a financial life planner.

Where-ever you are,  here are 6 stressful money situations highlighted by Business Insider which may seem difficult to avoid, yet are never the end of the road – there is always a way forwards …

How to deal with a financial emergency 

If you do not have capital saved, make sure you have an emergency credit card to fall back on.  This is a temporary solution, but will give you enough time to seek proper advice, and make a plan to move forwards.

Worrying about buying a home

Here is a stress-pit of worry.  How much should you borrow? Should you borrow as much as possible? Should you use all your savings? What protection should you have?

The questions are endless, yet can be answered if some proper planning and modelling is carried out.

 

How much should I save for retirement?

No two people are the same, there is no magic number which fits everyone.

Only when you know what you would value in retirement, can you start to figure out what you may need money-wise.

This is the importance of financial life planning – an approach which puts your life at the centre of the plan, not the monetary values.  You may be surprised, the qualities in life which you want may not required huge sums of money at all.

 

When should I retire?

Just like above, no two people are the same.

If you have a range of plans and ideas which need you to be fit and healthy, maybe you need to retire sooner.  If you love what you do, but can start to find a great balance between that and leisure, then there may be no reason to rush into it.

Either way, discussing a planning it is essential.

 

How much money should I give my children?

It’s hard to say no, and at the same time, many of us would rather see our children not have to struggle.

Making it too easy may not be a good thing, but saving it all up until you die – that too has it’s own perils.

Whatever you do, by adopting a balanced plan, and sensible approach, you could be able to help your children along, and at the same time, helping them value what they are given.

Above all, don’t deprive yourself of the fun you deserve later in life (but also, don’t aim to be the richest person in the cemetery).

 

How can I help my parents with their finances?

One of the trickiest conversations of all is talking about your parent’s money.

Naturally cagey, they may not want to volunteer the information (and is is hard to not look as if you are interested in an inheritance, particularly if they are unwell). Bring siblings into the conversation, and start the discussions well ahead of time to figure out what sources may be available for long term care funding, and of course, what wishes they have.  In the same way that you want to enjoy your life, they should be focussing on their days being as comfortable as possible, not scrimping and saving and trying to get one over on the local authority by not paying for care (saving the fees, but ending up in a grotty care home).

What to do next?

By proper planning, and discussing these issues with a professional, there is a chance that many of the most stressful money situations can either be avoided, or at least eased.

Please, please do not let them spin out of control stories in your head.  Ask for help, get a reality check, and let someone guide you onwards.

Find someone who speaks your language, who keeps things simple, and are focussed on you.  Financial decisions are hard enough to make at the best of times, never mind when you have huge levels of stress and worry to cope with.

 

 

5 Holes in your Bucket list? – Here’s why…

Do I need a bucket list?

There is far more to life than just having the traditional ‘bucket list’  – here is why…

Don’t just have a tick list of things to do 

Take running a marathon, once that is done, do you stop running?  Once you have had the holiday of a lifetime, do you stop holidaying, once you have built or developed the ideal house, do you become complacent about it?  If you were to become a senior manager of where you worked, would the name badge be your goal?  Look beyond the tangible things in life. 

There are always reasons why you want to do things

Take running a marathon again, is it bragging rights you are after and to get a medal?  To have a focus to keep you training to improve your overall fitness, or to push yourself to the max?  Similarly, with travel, is visiting places just an opportunity to say ‘cross that one off your list Margaret’ or are the deeper experiences, memories, understanding and experiences to have?  What would that ideal house give you, more than a big house to look at, but perhaps a haven a home, the space for your family to just be. Finally, achievement at work – is the name badge and title really all that matters, or is it that you inspire and lead continually, rather than just puff your chest out feeling important all of a sudden. Once you know the WHAT you want to do, ask yourself WHY you want to do it, and what if you didn’t do it.

The people in your life are also part of this 

Your plan, your goals, your vision.  That’s all great, focus is a wonderful thing, but not to the detriment of all of those around you. Training for a marathon requires a lot of compromise and balance with your family.  The ideal holiday, has to be agreeable with everyone else, and then the key is not to lose sight that it is also their trip and experience as well. Just because it was on your list, does not mean that your view on what should happen is the only one which counts. The house – it’s again key to allow everyone to enjoy it, to find their own spaces, enjoyment, way of living.  Overall it is a home, and one for people to feel safe and loved in, not just a pile of building materials.  Pursuit of a career without recognition of everyone else leads to huge unhappiness in many families.  Leaving home at 7am, returning at 6pm – really, what quality of life is that, and sometimes, it is easy to kid ourselves that we are doing it for everyone else.  If you died today, guess what, your boss would replace you tomorrow! Always remember who will be by your bedside when you die.

The experience is fluid 

It is great to have an idea, a vision of what it may be like, but remember, that is in your head – it is your reality, but not anyone else’s.  A sub 4 hour marathon may need to become a 5 hour one,  the holiday may be slightly, or even very different from what you had imagined, the house may not be a new one, but a renovations, a different location, anything could change – what if it is a red door instead of the blue one you had dreamed of?  It’s just the portal to your haven – not the end of the world! What if you don’t become a director or senior manager of where you used to work, but rather found something very different elsewhere?  Not the pin-striped suited meeting in a glass clad office, full of ego and materialism, but a real influencer, someone who made a difference – to others not just the owners bank balances? Go with the flow, like a river, the twists and turns often bring the most unexpected joy and happiness.

Ultimately, life, and your plan is an ongoing journey

Life is an ongoing development, change, adaption, and experience.  Yes, of course it ends one day, but life as it is, is ongoing journey, something constantly changing. Take the marathon, maybe it is a shift to a healthier lifestyle which is the key, yes, the desire of a medal or running for 5 hours is the catalyst, but it is the shift which is the deeper aim. The travel may be to enjoy experiences, to enhance our understanding of the world, to create memories and to have happy times.  Picking destinations is the catalyst.  The house may be to create a safe haven a family hub, a place where you can all be together, and the career may well be to make a difference to others, which once we understand is not necessarily done with name badges, starts to release that attachment and ego. Life is not a list of achievements, it is a sense of feelings, of messages.

Life  is who you are being along the way. So when you compile your bucket list, 101 places etc, start to look examine the reasons and feelings – that’s and is why working with a professional financial life planner is very different from just saying  ‘cross that off your list Margaret’.

 

There are probably 5 holes in your bucket

What is a bucket list?

No doubt you have seen the film The Bucket List, the idea which has inspired many people to review what their most important tangible goals are.  Climbing a mountain, running a marathon, having a sports car, visiting a certain place, learning something new and so on.  Many bucket lists and plans tend to be focused around things, going, doing, seeing and having, yet surely there is more to life than just things?

There is a far deeper, more meaningful aspect which is easily overlooked and forgotten…  Continue reading “There are probably 5 holes in your bucket”

Is my ideal retirement possible?

Is there a chance my retirement may be different?

Many people find that their view and experience of their retirement may be very different from what they expect. Reality can be a pretty harsh awakener (especially if it’s your own retirement).

How do I get a picture of my income in retirement?

In the financial part of the equation, you can of course model, plan and adjust assumptions and figures as you head towards the big day and the rest of your life.  Of course it takes a high degree of  knowledge and skill to get the figures absolutely correct, and with the aid of technology, it is easier to get pretty close, even building in re-runs of the 2008 credit crunch (remember that?).

What if things don’t turn out like I thought?

Even if you have the financial plan in place, it may be that the other side of retirement – LIFE – can all of a sudden, not unfold quite as you had imagined.

What do I want from retirement?

Will your retirement be all holidays and lunches at garden centres? Will it be just looking forward to watching your favourite TV show with an eccles cake and a cup of tea at 3.30pm ?  Or, could it be full of purpose, full of fun, a brand new start?

What do I want to achieve when I finish work?

Frequently people who had such high expectations for their retirement, find that a year or two in, they have managed to find themselves in a rut of mundaneness (they may even be fulfilling their spouses retirement and not even thinking about their own). They may even look back and wish that they had stayed working and be paid to be bored, rather than sacrifice an income and lack little social interaction.

Should I start to plan my life and money?

People just like you are quickly realising that they need to plan their retirement just as they plan their future.  That planning is not just about scheduling in a month-long break to Malta each October, but figuring out how each day and week may look for you.  What will you do to happily fill the time, and regain your purpose and passions which may well have been put on hold for 50 years (whilst ‘grown up life’ for in the way).

Is there more to retirement than just money?

Finding your happy retirement is not just going to be attached to a number – a certain amount of income, especially if all those years lack fun, freedom and a real purpose. You will probably find that the things which bring you the most joy, may not even cost much at all, you just need to find them and not be trapped in a retirement bucket.

Together we can bring some Serenity to your life