Disclaimers and confession

It’s important to remember I haven’t been selling anything in this Talking Money series. It’s all about sharing and ultimately blessing, free of charge.

I urge caution about financial advisers who represent a product, even though they can be helpful and sometimes advance a goal in common.

If you’re new to this site, I hope you’ll take time to jump back through the archives. Most of the posts were set up as exercises for either personal use or a discussion group to pursue. Many of them draw on materials others have given me as we’ve explored the interwoven threads of money, wealth, possessions, labor, and time, often from emotional, spiritual, and even ecological perspectives.

 

Again, the disclaimer. These postings won’t provide any outright shortcuts to a private vault of gold bullion. These exercises won’t solve your monetary problems once and for all — in part, because you’ll confront new situations as you move through each stage of life. The discussion will, however, likely have you feeling richer with what you already possess and liberate you to participate more fully in the colorful array of humanity as you pursue the goals you really value. Shouldn’t that be plenty?

If you’ve been following this series, thank you. I hope these have helped and that you’ve found items to pass along to others. Feel free to reblog, too, if you wish.

As for my own changing priorities?

These days my most important personal possession is my laptop. Not my car?

No, now that I no longer have to commute to the office.

The house, by the way, is a shared possession. Just for perspective.

The laptop is where I’m doing all of my writing. My correspondence, too, and much of my research. Many of my files are now there, too.

Gone are the filing cabinets and mailing supplies. I’m slimming my bookshelves. Don’t need as many clothes. I’m even looking at things and thinking I should spare my survivors the cleaning up, when it happens.

Sound common?

We were recently cleaning out corners of the loft in the barn.

The kids are off on their own. My mother-in-law has passed away. There’s still tons of junk left behind.

As we went through the boxes and piles and got ready to discard much of it, we returned to a lot of neat stuff that had been put aside for “someday.” This was like Christmas. If not now, when?

Got it?

And then there were things we even found unopened in their original packaging, some from yard sales, much of it already out-of-date.

How hard to believe this project goes back more than 30 years! The impact of two kids in my household certainly had a big impact on me, and I am seeing how much personal finance advice seems to skate right over the realities that children demand and deserve.

As always, open discussion is important.

Remember, it’s #TalkingMoney.

Of course, it gets personal

Early on in this Talking Money series, I advised you to try assembling a Money Journal – especially those parts about the subtle lessons you picked up about money issues, including possessions and work.

I also advised keeping close track of everything you spend, down to the penny, and of coming up with a spending plan that genuinely reflects where YOU want to go in life, forget what advertising and the folks around you try to push you.

If you’ve kept a notebook by your side and jotted down your responses as you’ve been reading these Talking Money postings, you now have a rather intense journal, which can help in the this exercise.

Try to write your own Money Autobiography. Consider what you would do with your life — or have done differently, if money were no object.

What might you do now?

As you review your spending, ask yourself:

Is my outlook on money and its uses changing? In what ways?

If you have been exploring these issues with a money-buddy or discussion circle, compare your responses.

Is my spending itself changing? Am I spending less but receiving more satisfaction? Have I found areas where I’ve chosen to spend more?

Now that you’ve considered ways that spiritual traditions can shape your use of wealth, reflect on your own faith community and ask: ”Would I now be comfortable having the equivalent of the historic Quaker overseers inspect my finances, especially if they could suggest ways to assist my budgeting and goal-setting?

At a basic level:

Am I more open to sharing my stories about money? Do I see possibilities of discussion that are neither “crass” nor “tasteless”?

 

As you continue to align your life, your spending, and your deepest values, you become freer to set long-term financial goals and monitor your progress. Areas to explore may include:

  • Consumer spending. How can I express my values through my surroundings, home, clothing, car, and food?
  • Gifts and giving.
  • A legacy, to pass on.
  • Retirement and security.
  • Education and culture.
  • Entertainment and sports.
  • Pets.
  • Hobbies.
  • Travel.
  • Traditions and celebrations.
  • Empowering others.
  • Assisting family.
  • Collections and their care.
  • Toys for adults.

Yes, don’t forget to play.

Whatever your line of inquiry, we would hope you never lose sight of your individual “adult toy.” In our discussions, everyone’s faces light up with animation as they confess their favorite playful use of income. The child comes forth in delight.

Remember, it’s #TalkingMoney.

 

Wealth interconnects in many unseen ways

To acknowledge money as part of our spiritual quest means having faith as we address seemingly impossible considerations in our use of the resources entrusted to us. We can now place our wealth in relation to:

  • Implications in regard to the Third World.
  • America’s own maturing, rather than expanding, economy.
  • The macro-economic/micro-economics dilemma, in which strategies that benefit you individually may short-change the commonwealth.
  • Poverty, both in our own localities and around the globe.
  • Children and their allowances.
  • Environmental impact.
  • Frugality and “living without a salary.”
  • Being bound up enslaved one way or another in a violent society.
  • Ways our possessions instigate repression of the have-nots.
  • Being free to maximize our potential as human beings.
  • Striking balances in which everyone — young and old, here and abroad — maximizes his or her potential.

All this and much more! You still think we shouldn’t be looking closely at these things?

Remember, it’s #TalkingMoney.

Where’s your satisfaction level?

One ambitious exercise involves drafting a “satisfaction statement.”

After all, how will you know when you’ve reached your destination if you haven’t defined where you’re headed? Satisfaction, rather than smugness.

Whether you have little or much, you cannot gain control over your accounts until you feel free in living with what you already possess. Indeed, financial counselors insist that no investment strategy will be successful unless you are already comfortable with your existence.

 

Look around your home and then your workplace.

Just what have you acquired?

Where do you place your values?

Remember, it’s #TalkingMoney.