I find it interesting that we have a natural discernment of how much is enough for many aspects of our life. This includes the dinner table, although the Thanksgiving dinner table often pushes the limits to that natural discernment, it also includes our limits when grocery shopping or even exercising.
History has proven that 70% of family businesses will not transition to the next generation. Will yours be one of the statistics? Based on our experience guiding families to a successful transition, here are 7 warning signs you are headed for serious problems.
How are you doing in your search for the ultimate investment – low risk, high guaranteed return? Find out how to Avoid Market Swings!
Each new stage of life offers new insights, perspectives and hopefully wisdom. Our family is on the verge of our second child’s wedding. We have been blessed with exceptional people who have joined our family through marriage. This makes the occasion an incredible celebration. It really is one of life’s greatest blessings. Ask yourself, Do You Have 2 Classes of Children in Your Family?
Think of the last time you were the recipient of an act of kindness or generosity. How did it make you feel? Did it brighten up your day? Did you tell someone about it? Did it inspire you to pass kindness or generosity on to someone else? We cannot receive an act of kindness or generosity and not be positively impacted!
When was the last time you received a genuine compliment, affirmation, or encouragement? How did that make you feel? I bet it didn’t happen very often in the last year. I also bet it was the highlight of your day (likely the highlight of your week) and just thinking about it energizes you now. That is a significant impact for just a few spoken words or a short note. What a great gift!
Have you ever wondered why you have the money you have? You have means but what is its connection to meaning? To put it simply, what is the purpose of your money?
Mitch Anthony of Advisor Insights is a leading trainer for Financial Advisors. A month ago, I spoke at a national conference Mitch was speaking at. I gleaned some important insights from Mitch that I want to pass along.
The most common question I hear from clients is “Will I/do I have enough?” The answer to this question is something we regularly monitor for our clients. Mitch suggests a more valuable question to ask is “Am I managing my money in a way that is improving my life?” This requires the holistic approach our firm provides by addressing investment management, debt management, spending management, risk management, relational management, and financial & estate planning.
Are you wealthy or just rich? Unfortunately, most people confuse having money with being wealthy. Our culture suggests that success will be found at the next level. Whether that is the next income bracket, the next house, the next car, the next position; those next levels are always there for our grasp.
If you believe, as I do, that true wealth is made up of more than just money then you are much, much wealthier than you think. The key to enjoying your wealth is found in these simple steps:
• Stop
• Look, listen, feel, smell, taste
• Enjoy
Would you rather be content or rich? Rather than rush past this very important question, hit “pause” in your reading and actually answer the question. Chances are, you may have to search through a few layers of thought to find an answer you feel is genuine.
