X

Find A Happy Balance With Your Holiday Spending

Financial lessons from 2017- Growth and Opportunity in 2018

In December we traditionally celebrate as the we tidy up the remaining days of the waning year.  Whether you celebrate Christmas or Hanukkah, Kwanzaa or Fiesta of Our Lady of Guadalupe, Solstice or Boxing Day, Yule or St Lucia’s Day, it’s all about moving through darkness and cold into the light of the new, gathering closely with family and friends and celebrating survival, success, and rebirth.

The end of the year is a natural and opportune time to reflect back. How have you fared? What were your successes and what were your failures? What lessons have you learned in 2017? What skills do you wish you had under your belt? The end of the year is also the appropriate time to look forward with an eye towards being even more successful and satisfied in 2018.

What kind of financial lessons have you learned this year? Probably some good and some not so good. Can you backtrack and figure out what helped result in good outcomes? Write it down. Did you have a few less than stellar financial experiences? Again, try to determine what part of the disappointment was a result of your choices and record those, too. Any frustrations at not having the skill set or knowledge you needed? Add them to your list.

Many financial experts believe we’re bound to endlessly repeat the same financial mistakes till we combine the financial skills AND the self awareness and emotional skills required for success.

Belinda Rosenblum, financial coach and chief money motivator to the universe (my nickname for her), shared some great insights with me during her interview this year on The Money Answers Show. Rosenblum believes the biggest block to one’s financial success is beliefs about money, the story one tells oneself about  your relationship to money. Rosenblum’s ‘Money Roadmap’, part of her Money Makers Academy, teaches the skills you need to be financially successful in the order you need to learn them. ‘You don’t have to be a victim’ Rosenblum told me, ‘you can rewrite your story about money.’

Do you have the attitude and mindset to be successful in 2018?

Ric Edelman, financial planner and best selling author, talked with me about the very different future he feels we need to prepare for from a personal finance perspective. During his interview with me on The Money Answers Show, Ric discussed the implications we all need to be aware of from his new book, ‘The Truth About Your Future’. Edelman pointed out that the average S&P company back in the 1920’s had an average life of 65 years while today it’s only 15 years. That means that by 2025, 40% of the S&P will not exist. Edelman wants everyone, particularly financial planners, to look at investments to make sure you’re poised to thrive in the 21st century. Ric specifically recommends considering investing in an Exchange Traded Fund called Exponential Technologies Fund with symbol XT.  Edelman foresees huge numbers of jobs disappearing in the next 10 years thanks to technology and artificial intelligence. Opportunities will be huge, Edelman says, but there’s going to be huge amounts of disruption.

Do you have the right investments and future-favorable skills to thrive in a fast-changing world?

Taking the time to look at your personal and financial well-being and future from a big picture perspective is invaluable! And often, the gap between that future and our current reality would benefit from a bit of funding cash to help us get there.

Which brings me to something fun to close with: the single best resource to look for moneyyou probably didn’t even know you have is Missing Money. Missing Money aggregates the unclaimed property lists from every participating state, making it easy for you to search for bank accounts, real property, 401k accounts, settlements, mutual funds, and more. It’s outrageous that some states literally have billions of dollars in unclaimed assets waiting for someone to stake a legal claim! Take a few moments to go see if you have an unexpected asset waiting for you and if you do, please consider funding your financial future whether it be through education, skill development or investments.

Looking for an Answer?

Resource Center

Featured on

  • "On behalf of all of us at Organon, I want to thank you for participating in the Experts in Reproductive Medicine Meeting. Your financial planning sessions were so informative. We received wonderful feedback and a great interest in learning more about business finance as well. I know that there were quite a few physicians you were able to spend time with throughout the weekend. Many of them conveyed their appreciation for all of the help and advice you extended them. We are so appreciative and cannot thank you enough for such a great job!"

    Cathy R. Termini

    R.PH Organon Inc.

  • "Where do I begin? You were excellent at the OSC Power Meeting XXIV recently held in St. Pete Beach, Florida. The speaker evaluations proved that you were a huge hit with our members. QSC members are much better off, both personally and professionally, for having attended your program. I might add that we have never had as many requests for the recording of a presentation as we have with yours. Don’t ever hesitate to have any prospective clients contact me as a reference. Thank you again for such a positive experience."

    Charles E. Wallace, III

    Executive Director/Quality Service Contractors

  • "There is always an exception to every rule and your recent seminar to our JWT employees provided that. Generally, I believe you get what you pay for and since we didn’t pay you anything for your recent talk one might not expect the reaction we got. Instead, I have been besieged with compliments about arranging for you to speak. Our employees felt more informed and financially empowered as a result of your discussion with them. I enjoyed meeting you and will be pleased to know the face behind the column that I read in every issue of Money Magazine."

    Jeff White

    Executive VP/General Manager/J. Walter Thompson

  • "On behalf of the Water Systems Council I would like to thank you for speaking at our Spring Meeting in Washington, DC on March 3rd. Your presentation was very well received by our members. The information in your presentation and additional reference materials you provided were both fascinating and timely. We hope you enjoyed meeting our members. Thank you again for taking the time to speak at our meeting."

    Kathleen M. Stanley

    Executive Director/Water Systems Council

  • "The crowd was small, but the quality of your presentation was superb, addressing precisely the areas which I had hoped you would cover. It obviously had a high-interest impact upon the participants. And – it is the kind of expert contribution which makes for a successful meeting. Thank you immensely! And – thank you again for joining us at the Club!"

    Lewis O. Kerwood

    National Society for Real Estate Finance

  • "On behalf of the Take Charge America Institute, the University of Arizona Students in Free Enterprise and their Credit Wise Cats team, I would like to extend my appreciation for your wonderful keynote address last week. Our three-day symposium, “Money Talks, Think you Know? Think Again!” was a great success, largely due to the relevance of your opening statements."

    Marica Klipsch

    Education Coordinator/University of Arizona

  • "Your presentation certainly contributed to the overall success of the event. I sat in on your presentation, “Earning Fast Profits in Hard Times”, and found your presentation to be insightful, educational and thought-provoking and the topic was certainly timely. My opinion of your presentation was confirmed by feedback I received from event attendees. It was a pleasure to have you at our event and it is without reservation that I would recommend your presentation skills to anyone interested in having you speak. I look forward to working with you again."

    Michael P. Scott

    VP/Director of Business Development Pensco Trust Company

  • "... Here are some statistics we received from the attendees: 93.38% agreed that you presented in a clear, organized, engaging manner. 94.84% agreed that the information you presented was valuable to them as business owners. 83.01% agreed that they would travel to attend a 1 or 2 day course presented by you. 83.77% agreed that they would like to see your topics brought to their local study club. 87.25% agreed that they would like to see your topics offered at a future Symposia. Thanks again for all of your awesome contributions!"

    Shaida Ghomi

    Seattle Study Club For Dentists

  • "Thank you so much for coming out last week to Las Vegas and speaking to our participants. I heard so many great things from people that attended your course about how useful the information was."

    Sheryl Dare

    Meeting Planner for Genentech Corporation

  • "... I appreciate your efforts to present meaningful content to make a successful event. Your professionalism, delivery and ability to engage with the attendees were exceptional. I know there were many attendees in the room including me who left with new ideas and insights..."

    Wendy Mathea

    Supplier Diversity Officer/Amgen

Have a question?