This morning, on Your Caregiving Journey, Ellen Rogin, our wealthness expert, joined us to share some tips on managing money during tight times. You can listen to our show via the player at the bottom of the post.
During our discussion, we shared ways you can work your money, rather than work your worry about money. Ellen encouraged us to stop the struggle we create when what our life (and how money relates to our life) isn’t what we think it should be. When we focus on the reality, rather than fret over the lost expectations, we can minimize our stress.
Create a Spending Plan, Ellen suggests, so you can reassess and then readjust your money flow. Set a goal of having six to 12 months of a cash cushion. And, express gratitude about your financial situation and the power you have to make it what you want.
To help you, Ellen suggested the following resources:
The Savage Number by Terry Savage
Why Good Things Happen to Good People by Stephen Post
And, I added:
When Bad Things Happen to Good People by Rabbi Harold Kushner
The Lord Is My Shepherd, The Healing Wisdom of the Twenty-Third Psalm by Rabbi Harold Kushner
(Editor’s Note: With Earl heading for the East Coast, take time to plan so you and your caree remain safe. The Centers for Disease Control has information about preparing for hurricanes here. If your caree resides in a facility, be sure to check with facility about its evacuation plan and how you can prepare.)
I love the idea of a “Spending Plan”. It is much happier! (:
Job and house changes, do not always yield positive benefits…so, just a new ‘plan’ is needed, and more “cushions” for sure. This goes along with my “save” in the Happiness Project this month. Thank you!