2017 is flying by! Today as I write this, we enter the 4th quarter of 2017. How is it going? For me, each quarter is a transition point, a signpost to acknowledge that time is passing, and I need to pay attention. As I have written in the past, this has been a year of frenzy for me personally and professionally and seems to be a blur. I am consciously choosing to stop and be aware in this moment, to stop moving and reacting in a frantic way and to consciously choose how I experience the last quarter of this year. I very much want it to be different from the last 3!
I am looking closely at my spending (a lot) and saving (not enough). That, for me, is a symptom of living at too fast a pace – no time to plan or prepare or think ahead – let me just grab it, order it, drive through – frantic, frantic – no time for looking at my spending plan – just get it done. This is the time for me to stop and say “enough.” Settle down, take a breath, align with what is important. Here are some things that I am thinking about for this last quarter:
• What is truly important to me? Does my spending match up to that?
• Where is my money going? Is that supporting and enriching my life?
• Do I feel financially safe? How can I use my money to improve that?
• Have I done everything possible to minimize my tax bill this year?
o Keeping close track of charitable deductions
o Maximizing retirement savings plans
o Keeping my files organized so that tax prep is painless
o Keeping up with all of my business expenses
o Fully funding my health savings account
• Do I have a plan to manage the holidays without debt?
o How can I recognize my family and friends in a way that does not jeopardize my goals and my financial health?
o What will bring joy to my holidays rather than stress?
o What gifts can I give that will be the most meaningful? (Likely that has little to do with money.)
I hope you will join me in a quick time out to think, to plan, and to prepare for this last quarter of the year. Too, too soon I will be writing about 2018! Savor the moment. Seize the day. Finish the year strong and confident in your plans.
To your financial (and 4th quarter) success!