Yowza, this has not been a great week. A sweet young guy who worked in my building, only 24 years old, died in his sleep from a burst appendix. My dream of electing the first female president vanished in front of my eyes. I had an extremely uncomfortable situation with a man who wouldn’t take no for an answer. And finally, I found out that a friend from high school, one of my fellow cheerleaders and my morning ride to school, tragically passed away and left 3 young sons. I’ve done my fair share of crying and I'm ready to start over on Monday.
Rob Base nailed it, life is both joy and pain, sunshine and rain. I’ve taken away two important reminders from these sad experiences. First, life is short. This certainly isn’t breaking news, but when we get wrapped up in our petty day to day problems it’s easy to forget how fragile and fleeting our time here can be. We need to wring as much happiness from each day as possible. Second, it’s not always easy being a woman. We face some unique challenges and need to be prepared for them, both emotionally and in practice.
On the surface, these two conclusions seem a bit contradictory from a financial perspective. Life is short – live every day like it’s your last! But…we need to be prepared, responsible and tough. I believe that we can marry these two ideas to build a responsible yet fulfilling future. These are my suggestions on how to strike a balance in your financial life between planning and enjoying: