1- Remember, you can submit audio questions! I would love to hear some of your voices!
2- Apology – A listener pointed out: “In episode 12, you were referencing the yearly calendar and holidays listed. And mentioned some holidays were non traditional, non American holidays and then went on to list Jewish and Islamic holidays as examples.
To say that these holidays are non American is rooted in the belief that American is white Christian nation only. This is extremely othering and not at all inclusive too many in this country.” I appreciated her bringing this up and wanted to offer my apology — I definitely did not intend to exclude but my language came out that way, so she is absolutely right! For the record, I generally believe that the more holidays and traditions a given planner product shows, the better!
Organizing Your Financial Life
Ways to be intentional about your finances:
💵 You have to know what’s happening with your own day-to-day cash flow. In our household, we use You Need A Budget (and I love it!). Others prefer Every Dollar, or an excel sheet, or even a paper option like those from The Budget Mom or EC’s Budget Book.
💵 You have to learn about finances! There are so many different resources! Feel free to share your favorites below, or let me know! Two that were helpful to me are: Your Money or Your Life by Vicki Robin and The Physician Philosopher’s Guide to Personal Finance by James Turner.
💵 You have to look at your own finances every so often. We calculate our net worth every quarter and fill out current balances into a master excel sheet. It’s nothing fancy – just a list of all our accounts & totals at the bottom.
💵 You have to consciously think about and edit your goals! How much do you need to retire? When do you want to retire? What will your ‘policy’ be on paying for kids’ colleges? How about professional or graduate school? What do you think your expenditures will be when you are older? ALL important things to think about, evaluate, and re-evaluate along the way. Some interesting calculators to peruse are on Choose FI and Mr. Money Mustache.
(I am not affiliated with any of the above products or links!)
Feel Free to Share!
Anyone else a ride-or-die YNABber? Do you have quarterly, yearly, or monthly meetings with your partner? How much of your financial info do you discuss with your kids?
I think I said last week that this was the last mention of Lani’s course – but it’s this week! So much for impeccable planning . . . ha!
Please take a moment to check out this episode’s sponsor, Real Life Style! They are offering a fantastic e-course that will help you revitalize your work wardrobe, and you will receive a free Zoom Q&A call upgrade if you mention signing up via Best Laid Plans! Check it out at www.real-life-style.com/bestlaidplans!
PS: Back with more tomorrow. I really did need that break, though!