A Values-Based Approach to Goals

Some excellent food for thought here:

Steve

Cath Duncan published an article on her blog yesterday that targeted something I’ve been thinking about a lot lately.  I suggest you check it out: Is Traditional Goal-Setting Broken? She speaks to the issues I’ve been wrestling with myself.  It is a nice background to this article.

Let’s cut right to the chase.  While you are working toward that distant goal, what about right now?  I touched on this in my article Redefining Our Ultimate Goals.  I’m a strong believer in goals, but at some level traditional goal setting seems to conflict with living in the present, being happy now, and a lot of other things I and others talk about.  Should you sacrifice yourself now for some future goal?  Maybe, but then again maybe it won’t be worth it when you get there.  What happens then?  What happens in the meantime?

Read the complete article here:   A Values-Based Approach to Goals.

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Do You Want To Live Longer?

Do You Want To Live Longer?

Surveys show most people do, but only a little bit longer.  75% do not wish to live to 100 and very few want to live to 120 even if that were possible.  I am among the minority who want to live as long as is possible.

I think the key is where the emphasis lies; whether it is on the word live or on the word longer.  People are concerned about quality of life in old age; things like losing their health, losing their mind, and losing their ability to live independently.  I don’t want to live like that either.  Those humans who live to a very advanced age, like the current record holder Jeanne Calmet who died in 1997 at the age of 122, don’t just live longer; they age slower.  They stay healthy, vibrant, alert, and independent into advanced ages.  Jeanne was still riding her bicycle at 100,  a good 20 years after the average woman has already died.

Read about here:  via Do You Want To Live Longer?.

How to Make Great Decisions

Stephen has some interesting thoughts on reducing stress in your life.

Here are the first two of

Six Things to Keep in Mind About Decision Making

  1. Accept that there is no right or wrong decision.  There are only choices and the consequences of those choices.  The consequences are neither good or bad, they simply are.  My favorite article that goes deeper into this is my own You Cannot Choose the Wrong Path.
  2. Get comfortable with the fact that you cannot possibly know in advance what’s going to happen; life is too damn complicated.  Get over yourself.  You are not perfect and life is not a mathematical equation you can solve. Just choose something and go.  If you still don’t get this reread the yellow box above.

Read the full article here:

via How to Make Great Decisions.

9 ways to keep your marriage healthy at any age

Item number 2 from this interesting article:

2. Have a financial plan
Nearly 40% of married people admit to lying to their spouse about a purchase, according to a 2004 poll, and money woes can quickly send your marriage south. In fact, money is the number-one reason couples fight, and relationships tend to suffer during poor economies. You should discuss and agree upon some hard financial ground rules, preferably before you tie the knot.

Don’t fret if you’re a spendthrift and your partner pinches pennies. “It’s probably not a good thing to have the exact same philosophy about money, “ says Ken Robbins, MD, a clinical professor of psychiatry at the University of Wisconsin–Madison. “But financial issues are best to resolve early on. You want to decide who is going to pay the bills, how much discretionary spending is reasonable, and how you’re going to keep track of it all.”

read the complete article at:   9 ways to keep your marriage healthy at any age – on Shine.

Seven Smart Money Moves for the Holidays – WSJ.com

With Black Friday, Cyber Monday and lots and lots of pressure to buy, buy, buy – I thought the following article was worth sharing with you ….

Steve

This will be the fourth holiday season of the great slump, and for many it isn’t getting any easier. Times are tough. So how can you stop the Grinch from stealing Christmas this year? Here are seven smart money tips to get the most bang for your (diminished) bucks this holiday season.

1. Set a gift budget.

And stick to it! Too many people blunder into Christmas backward, with an open budget and an open wallet. ….

For the other tips visit the original article at :

 Seven Smart Money Moves for the Holidays – WSJ.com.

A Dying Banker’s Last Financial Instructions – Your Money – NYTimes.com

I found the life and investing advice in this article to be very useful – so I wanted to share it with you.

Steve

There are no one-handed push-ups or headstands on the yoga mat for Gordon Murray anymore.

No more playing bridge, either — he jokingly accuses his brain surgeon of robbing him of the gray matter that contained all the bidding strategy.

But when Mr. Murray, a former bond salesman for Goldman Sachs who rose to the managing director level at both Lehman Brothers and Credit Suisse First Boston, decided to cease all treatment five months ago for his glioblastoma, a type of brain cancer, his first impulse was not to mourn what he couldn’t do anymore or to buy an island or to move to Paris. Instead, he hunkered down in his tiny home office here and channeled whatever remaining energy he could muster into a slim paperback. It’s called “The Investment Answer,” and he wrote it with his friend and financial adviser Daniel Goldie to explain investing in a handful of simple steps.

Read the complete article here: 

A Dying Banker’s Last Financial Instructions – Your Money – NYTimes.com

via A Dying Banker’s Last Financial Instructions – Your Money – NYTimes.com.