Money, whether shiny or crisp, this tool created to simplify trade has become so much more. I've seen firsthand in more than ten years of advising every kind of client, the range of emotions and attitudes wrapped up in money. Some people hate to talk about it, hide from it. Others, like the fictional character Silas Marner, love to hoard it, hold it and stare at the shininess of it all. What I've learned is that money is personal.

One reason money is personal is that it's private. Though we spend it in front of friends and family, your complete financial situation is known to only a few. In fact, you may be so overwhelmed by your finances that you hide details from your dearest love. Like the bag of newly purchased stuff in the trunk of your car that you plan to wear without explanation, maybe even hiding the receipt.

Money is personal because its management varies. Even financial advisors disagree about management styles. I studied finance because I wanted to know 'the rules' about money. Turns out there are many philosophies about financial management and no one 'right' way to handle money. Like parenting and relationships, there are few absolutes. There are general themes and methods, but the real decisions people make about their money are individual ones.

Money is personal because you need to be in charge of this area of life. It is your money. Though you may work as a team with an advisor or partner, no one fills your shoes but you, chummy. Big kid panties and all that. Excuses like, 'It's too hard,' won't do. It's fine if presently you are a little baffled or maybe have mastered certain aspects of finance. We're all on a journey. Each day we will, hopefully, be smarter and wiser about life, including money management.

How we spend our money is personal and is snapshot of what matters to us. What important to you? Giving away as much as you can? Spending a lot on baubles instead of paying bills? Sometimes in control, other times, not so much? Let's start fresh now.

Ultimately, you need do what you think works best for you, working within your quirks striving for balance. Be the best little snowflake God made you to be. That's all your loved ones ever wanted for you, chickadee, and that's what I want for all of us, too.

Marion R. Syversen, MBA - President
NorumbegaFinancial
207.862.2952
Marion@NorumbegaFinancial.com
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