The Big Gift Repurposed

Over two years ago I wrote this blog. After a too busy last week and even busier start to this week, I decided to repurpose it in honor of Valentine’s Day – hope you enjoy it!

Today is Valentine’s Day; the day to honor love. It got me thinking about how we have been programmed to expect certain things on certain days. There are countless jokes about making the wrong gift decision – or just plain forgetting.

“Bob was in trouble. He forgot Valentine’s Day. His wife was really angry. She told him, “Tomorrow morning, I expect to find a gift in the driveway that goes from 0 to 200 in 6 seconds AND IT BETTER BE THERE!!”

The next morning he got up early and left for work. When his wife woke up, she looked out the window and sure enough there was a box gift-wrapped in the middle of the driveway. Confused, the wife put on her robe and ran out to the driveway, brought the box back in the house. She opened it and found a brand new bathroom scale.

Bob has been missing since Wednesday.”

Yes, it’s funny – but how do jokes like this burrow into our subconscious and influence our gift giving? We’re told the gift should be big and flashy – if we don’t get it right we’re in big trouble. And, for those of us on the receiving end – is it possible to be happy with something less or will “keeping up with Joneses” start us down a path of despair? No wonder so many of us have problems giving and receiving. How do we even know what is important to us when we’ve been fed these messages all of our lives.

So next time you’re on the line to either give or receive – take time to think about what really puts value and joy into your life. Don’t buy into the old messages (or the new ones coming your way every day). Make the day your own!

So Happy Valentine’s Day. Turn down the volume on your internal messages and make this day a day of loving those intangible things in life.

But while doing that, don’t forget to include that very tangible special person!

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Let’s Talk

Sex and Money, the last two topics we don’t talk openly about in America. I first wrote this in my 2nd blog post almost three years ago. You know what? Things haven’t gotten much better. Sure, we have the surface conversations about what we or the government should do with our money—but do we ever really talk about how our beliefs and values show up?

However, sex and money have been brought together in the last two days. Having just finished an interesting article, The Accidental Rebranding of Komen for the Cure, my cynical self can’t help but wonder if the board’s attitude was It’s Not About the Money when in fact it was all about the money. And because we don’t talk openly about either, inattention or lack of awareness blurs the potential outcome of any decision. My CPA brain can only imagine what the final financial ramifications will be on both sides of this debacle. As the article suggests, the money tsunami has just started.

When we’re not financially conscious we do just what Komen for the Cure did.We stick our head in the sand and the world’s response catches us with our pants down. Contrast that with Planned Parenthood’s response. Their everyday life is about surviving to protect women’s right to choose. And because their survival depends on funding, they know money talk must happen every day in every way. Without deeper money understanding, they won’t exist.

So let’s be honest about sex and money and start talking. Talking will open our minds to other ways of looking at the world. Talking will make us examine what we really believe and where our real values are. But most of all, we’ll be living our own fully conscious life, not one orchestrated by another’s agenda.

Your Money $ Your Life Radio Show, at 5pm on Saturday, February 19th will open the conversation. Join Amy and I and share your voice!

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Harm Reduction: Nice Idea!

Recently I was introduced to the concept of harm reduction. It was offered to me in the context of food, but the term was first used in the field of alcohol and drug addiction. But to be brutally honest, food and money are  just another form of addiction and so I decided to investigate this concept further.

I believe the first step for improving our money life is to become fully conscious about our money behaviors. One of the tools I suggest is using a spending gap. When we get the urge to spend money, insert a gap—usually time—between the idea of spending and the actual spending. Sometimes this will be enough to stop the natural impulse to spend. But, sometimes we need another tool.

This is where harm reduction can be useful. What if we asked ourselves during the spending gap, will this act enhance my money situation or will it harm it? Honestly facing this question will extend that helpful spending gap. And, at the end of that extended gap, we just might decide that the least harmful step is to do nothing. Not spending—not saving. Just nothing.

We usually think that the obvious step for money management is saving or paying down debt. But sometimes those steps seem too daunting to even begin. But with harm reduction, we can shift that first step into simply do nothing. That nothing will automatically result in savings which might just result in paying down debt. And all we had to do was—nothing!

Try it; you’ll like it. It’s the easiest money management plan you’ll find—harm reduction thinking, followed by doing nothing. Works for me.

Sounds like a new motto:  Just do nothing, a new twist for an old behavior.

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High on Overindulgence

Okay, I’m coming clean. I overindulged during the holidays and not just with food. I overindulged with spending, with giving (and receiving), with socializing and with time off. When I look back over the last two weeks, I’m not sure I did anything in moderation. And, although I could talk about all the shoulds I violated, I actually see a silver lining in this.

I am sooooo happy it is January 5th. I’m back in the saddle again and ready to take on a new life. I’m ready to conquer any new frontier and already have some new personal commitments. I’ve joined a 45 day Real Food Challenge, promised to only dine-out once a week, and committed to use lists to organize myself. Right now, the past weeks’ overindulging is making it easy to stay focused.

But, the big question is – how do I keep the focus when I’m no longer sick and tired of my previous behavior. In a few weeks when I’m full of pride for being such a ‘”good” girl, will I fall back into overindulgence? Absolutely, if I think it’s about being good.

Overindulging isn’t about being a bad girl—it’s about being human. Like it not, we are not perfect beings and if we expect to be perfect, we’ll be sorely disappointed. The key is to see both sides of the coin as neither good nor bad, whether it’s overspending and penny pinching or luxurious dining and common leftovers or disorganization and a tidy structured life. If we don’t see these as just part of what is, we’ll be fighting for that perfection that will always be out of our reach—and the cycle of bad and good will continue.

So, as a human, I’m going to strive to be that detached observer. And, when I overindulge, I’ll say, “isn’t that interesting”. And when I live frugally, I’ll say “isn’t that interesting”. Because the truth is, when you come right down to it—isn’t life interesting?

Always learning or as some say AFGO!

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New Year’s Solutions

I think this year I’ll commit to a New Year’s Solution instead of a New Year’s Resolution.  Resolutions don’t seem to work for me.  Somehow resolving to make a change isn’t enough.  But, acting like I already have the answer feels like a better chance for success.

One of the basic elements of Empowerment methodology is the shift from Pathology to Vision—from focusing on what doesn’t work in our life to what we really want.  I think that’s the difference between a resolution and solution.

With a resolution we decide to change a problem:  I’ll lose weight or spend less.  With a solution, we can focus on a new vision because the problem has already been solved.  It’s a subtle shift in perception but it feels totally different and it is so important to the outcome.

Just thinking back on the financial problems of 2009, we can get lost in the gloom and doom of the year.  We don’t even want to think back to the mess.  And, resolving to clean it up, isn’t going to help.  But, if we can affirm that we already have the solution and move toward a vision of financial stability, the shadow lifts and we can get a clear picture of where we’re heading.

So my New Year’s Solution is I have a financially balanced life that reflects my own conscious money beliefs and values.  And, while I’m at it, I eat food that supports a healthy lifestyle!  What’s your New Year’s Solution?

There, that feels much better! (And, yes, this is a repeat from 2009!)

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Gotcha!

This morning I found myself at the Maine Mall—a place I try to avoid especially at this time of year. But those flyers in today’s newspapers were filled with those “too good to be true offers” and I was on my way. I forgot my cardinal rule—don’t even look!

Now I’m good with not looking at the stream of catalogs that grace my mailbox. I can toss those catalogs right into my recycle bin without even opening them (except for maybe Crate and Barrel or Pottery Barn). And with those, I’ve learned that if I fold down the corner of the page for that must-have item, when I go back I can’t even pick out which item I must have. That spending gap saved the day.

But the Holiday Hype got the best of me today. I thought I would make it through by having my shopping done early—I wouldn’t have to even look at those ads with unbelievable savings. But, they have it down to a science and “gotcha” rang in my ears when I handed over my credit card for that one last thing.

So today’s advice? Put on your blinders, ear plugs and hold your nose because your senses will be accosted from every direction. Instead, focus on the experience of being with family and friends and know that everything you have done already is just perfect. Anything more is just fluff.

Merry Christmas, Happy Hanukkah, Season’s Greetings, however you want to say it – just enjoy it in whatever shape, size or form it appears!

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I’m Bad News – Really!

Gorham Savings Bank (my local bank) recently posted this article.

BAD NEWS – Maine CPA says Bankers and Investment advisors are wrong about how to achieve financial independence.

12.05.11

We think she has a good point. We’re talking about Jane Honeck (website), Money Coach and Personal Financial Specialist in Falmouth and founder of a Portland accounting firm, Honeck-O’Toole CPAs. Her coaching methods could be called “Financial Therapy”. Let’s look at an analogy – when people are having problems in their personal relationships or have issues with depression, they might go to a psychotherapist for help. These professionals don’t just throw out industry “best practices” that apply to everyone, they strive to understand why people feel and act the way they do. But in financial advising, bankers (yes, we’re one), and investment advisors tend to focus more on  goals and risk preference.  Jane explores how spending habits might be related to social norms (like piling on Christmas or holiday presents!), or a reaction to our parents’ behaviors, or to compensate for insecurities. You can’t pave over these deeply rooted behaviors by just cutting out the morning double latte, refinancing a home, or investing in a high dividend paying mutual fund. Jane’s short book, “The Problem with Money” (reviews) is subtitled, “It’s not about the money!” This is not your typical “how to” book for money management. It addresses family history, educational background, cultural values, even spirituality to build a foundation. It goes on to help readers gain power over beliefs so that changes in financial behaviors naturally follow. This behavioral approach is a good addition to anyone’s arsenal of tools to improve their finances.  By Gren Blackall, gorhamsavingsbank.com

What do you think?

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Chapter Five Please!

Listening to all the political posturing after the failure of the Super committee all I could think of was Portia Nelson’s poem, Autobiography in Five Short Chapters. Why do we keep expecting different results from the same old behaviors? Maybe I’m just cranky today but I am so tired of the same old rhetoric – can we just move on to Chapter Five?

And, it’s not just the Super committee that I’m cranky about. I’m cranky that our politicians are arguing about a $2 a week payroll increase. Do you really think $2 a week is going to make a difference – maybe if we got $1,000 all at once but $2 a week? Come on, get real –  put your energy into something that matters.  I’m sick of listening to Holiday spending promotions in the same breath that we criticize people for having too much debt. Do you want us to spend or save? How schizophrenic can we be? Can’t we focus on something else – maybe real change? 

Anyway, enough of my crankiness.  Please, please, please can we just get to Chapter Five?

Autobiography in Five Short Chapters

By Portia Nelson

Chapter I

I walk down the street.
There is a deep hole in the sidewalk.
I fall in
I am lost . . . I am helpless
It isn’t my fault.
It takes forever to find a way out.

Chapter II

I walk down the same street.
There is a deep hole in the sidewalk.
I pretend I don’t see it.
I fall in again.
I can’t believe I am in the same place.
But, it isn’t my fault.
It still takes a long time to get out.

Chapter III

I walk down the same street
There is a deep hole in the sidewalk.
I see it is there.
I still fall in . . . it’s a habit.
My eyes are open.
I know where I am.
It is my fault.
I get out immediately.

Chapter IV

I walk down the same street.
There is a deep hole in the sidewalk.
I walk around it.

Chapter V

I walk down another street.

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Thanks for My Giving

With Thanksgiving fast approaching, our thoughts turn to thanks and gratitude. But, this morning, I began to think of it another way. We usually give thanks for what we have received—tangible or intangible. But knowing that receiving and giving are part of one continuous flow, shouldn’t we be just as thankful for what we give? After all, there wouldn’t be any receiving if it didn’t start with some giving! 

So I began to ponder the things I’m thankful for giving—not an easy task when brought up in a Puritan society. Seems I’m not as ready to call those good things “mine”. Much easier to take on those bad things. Every time I began to give thanks for something I give, that voice in my head responded with “don’t be egotistical”, or “you couldn’t do it without…”, or “that’s not really much of anything”. Do you have that same naysayer on your shoulder?

But for this week, I’m going to shout louder than that voice and share my list of Thanks for my Giving:

 1)     Thanks for my giving life to my sons. I really did this one right!

2)     Thanks for my giving unconditional love to my husband. Definitely, the gift that keeps on giving.

3)     Thanks for my giving foreign publishing rights to Ari Toivenen in Finland. My dream for spreading my message is on its way.

4)     Thanks for my giving an open heart and open ear to friends and family members.

5)     Thanks for my giving time and money to social causes near and dear to my heart. I will be the change I wish to see in this world.

6)     Thanks for me. When all is said and done, I’m pretty awesome. After all, how can I not fully receive that greatest gift of all—life!

So, try this new way of thanksgiving—you’ll like it. Awkward at first, but amazing how your confidence grows. With new confidence, the giving gets easier and so does the receiving. Because remember, what goes around comes around. It’s the way of the world!

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Intentions at 11:11 on 11/11/11

An auspicious moment in time. Someone told me that the thing to do on 11/11/11 was to set an intention for the future—something we wanted to see for ourselves and the world. So, while on the phone with a coaching client this morning, we decided to state our intentions at 11:11 to be sure we used as many 11’s as possible.

We found that our intentions evolved from the same desire—finding balance—something so elusive in today’s world. We started in different directions—mine balancing giving and receiving—hers from generally feeling out of balance. But our bottom line was the same; when things feel out of balance life in general is overwhelming. So, as we set our intentions for personal balance, we also did the same for the greater world. After all, grass roots efforts aren’t only about protests and such.

We decided a good place to find balance would be in finding joy in the simple things we were already doing. So often, our everyday tasks turn into chores filled with feelings of dread and overwhelm. But, if we shift our attitude a bit and give up a timeline or agenda, tasks can actually become enjoyable. Because, face it, if we keep waiting for that one big moment, whether it’s filled with joy, love or even money, we never find it. And, the longer we wait the higher our expectations get and the probability of finding that perfect moment becomes smaller and smaller. And, in the meantime, we miss all those other moments.

So for me, I’m going to receive all those small joyful moments with open arms. And, when I give more than required, the memory of receiving small moments will keep my giving side in balance. And, for my client, she’s going to add some joyful things to her life to balance the less pleasurable chores she faces. Because when we start our journey to balance by filling the scales with joy, it’s much easier to accept the other side of things.

Now where do we find the joy to balance the world’s financial crisis?

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