Today we are going to talk about Blueprints and Fingerprints – How Your Past Experiences with Money Impact Your Financial Well-Being. Blueprints is how you think about money. Fingerprints is your attitude toward money. Much of what we form as money habits, our attitude toward financial issues and our patterns are started early in life by the examples we viewed and the personal decisions we made around money. We learned important lessons about money by the way we grew up. We addresses parent’s habits and perspectives around money and the impact of their parent’s perspectives as well. Our attitudes and habits toward saving, investing, debt, and giving are also formed and informed early in life. http://returnonlife.masteringyourmoney.com/ Joining us for this Blueprints and Fingerprints discussion is Markeith Gentry who is the WNCU’s Production Assistant and makes sure Mastering Your Money is available to our listeners. Welcome back to Mastering Your Money, Markeith Gentry
Fulbright Financial Consulting, PA in Durham, NC, clients some times have a challenge finding a hobby especially in retirement. No one loves every single thing about their workday. But once you no longer need to worry about earning money, it is possible to love every second of your new retirement schedule. You just need to be intentional about spending your time doing things that interest you with the people you care about the most.
We’re all trying to slow the spread of SARS-CoV-2 and protect those at risk and philanthropists are in a unique position to help — but only if they have the ability to mobilize quickly, appropriately and effectively. If this global pandemic is teaching us anything, it’s that we can be responsive and flexible in the face of adversity—at a massive scale. Regardless of a philanthropist's focus, there are effective ways to soften the curve of crisis for grantees working to advance change. Now, the best known philanthropist are usually billionaires because their gifts have a lot of zeros. Robert F. Smith who paid off all the student loans of the graduating from Morehouse College, Warren Buffett who is giving away his fortune to the Gates Foundation and John Rockfeller whose foundation is about the well being of humanity in the world. The definition of philanthropist is to love humanity. Today, philanthropy means generosity in all forms. It is often defined as giving gifts of the 3 Ts (time, talent and treasure) to help make life better for other people. You do not have to be a millionaire or billionaire to be philanthropist. You can practice philanthropy by making a monetary gift, such as a donation to a cause you believe in.
The words Millennial and Baby Boomers are seldom used in the same sentence. Even more rare, as a way to connect the two generations in a show of solidarity. Today we will discuss these two distinct generations to illustrate how they can learn valuable lessons from each other simply by listening more closely and sharing more freely. Baby Boomers are people born between 1946 to 1964 and Millennials between 1981 to 1996. No artificial barriers should divide the two generations. If we are to understand each other more fully, we should try to embody mutual values and best practices in how to create an ideal quality of life, how to face the future for mutual enrichment, and how to give back to each other and to society at large.