As the year is nearing a close, now is a great time to take stock of your business and your financial and emotional investment.
The sheer number of new apps and tools to help manage your business can feel overwhelming, especially for those of us who aren’t “digital natives.” It’s important to think through what you are going to need before you start researching what is available so you aren’t distracted by all of the shiny objects you’ll likely discover.
Here are some tips to help you think about what you can easily put into place to support the smooth operation of your new business.
Purpose is about what keeps me going each day—my routines, my joys, what makes me content. I think that upbringing, circumstances, what we do, how we spend our days and with whom informs our purpose and as those things shift and change over a lifetime—so our purpose shifts, evolves and changes as well.
Are you several years away from retirement and anticipating what that will mean? Do you need a career change because you want to spend your remaining working life in a job you enjoy? Are you ready to retire and considering what is next? Are you already an entrepreneur running your own business? When it is time, are you going to even want to retire, or will you be in a financial position to retire?
She had been living in a gated retirement community in a condominium that she purchased after my father’s death. Shortly after moving there, she stopped driving and gave up her car, but remained quite independent. She regularly took a bus to the grocery store and to do her other errands. She was quite involved in the retirement community activities, had quite a few friends who also lived in the community and nearby, and was quite happy. Everything seemed to be fine until I started to notice that she was anxious and worried about money. One day, she said that she didn’t have any money in her checking account and needed to move money from her savings account. That revelation was the beginning of quite a journey!
Navigating a divorce is stressful and unpredictable. Regular exercise and a healthy diet go a long way in managing our stress and making us feel a whole lot better in general. A grounding activity like yoga or Pilates is relaxing and helpful. Maintaining healthy habits and taking care of ourselves is vital during this uncertain time.
Going through divorce is challenging on so many levels: mentally, emotionally and financially. Having a plan and support systems in place is critical in getting through each of these challenges. When you are dealing specifically with the financial realities of divorce, you may be wondering, “Will I be ok financially? Will I be able to live well after the divorce?” The answer to both of those questions can be yes—with thoughtful planning on your part.