How do you live with your money?
John Stackhouse
Vice President of Wealth Management at Palmetto Citizens Federal Credit Union
Money is one of those amazing things man has created. It allowed society to progress from just exchanging goods and services for other goods and services. It allowed people to use another form of exchange to acquire food, shelter, tools, and clothing. As we have advanced, so has the currency and how it is used in society. It is, however, still just a thing. It is not a living entity. It is an inanimate object until put into action to exchange value in a transaction.
This inanimate object does an incredible job of driving human behavior. Money can become this living, breathing thing in the lives of an economy. Money can broker peace yet start wars. Money can build a business and tear it apart if money teams up with greed or fraud. Money can be used to gain respect and status. Money can also become the judge and jury of comparison in being able to live well.
What is your attitude toward money? Is it what it can buy? Is it what you can give? Will it provide for you in a way you want to? Your relationship with money is important to understand. Just because you are this age, have this many kids, and have this much saved, does not always dictate what needs to be addressed in how you will and want to use money. Money is a tool, by far, not the only tool, used in the blueprints of building a support structure for you and your family. A financial plan to highlight how money is saved, spent, and invested is a fundamental part of the blueprints themselves.
In the financial profession, we respect what money is and what it can do. Whenever we work with a client, it is “your money” you have trusted us with along with the dreams, goals, and objectives associated with it. It is a responsibly we take with pride and diligence.
Director of Public Health & Disability Integration, Able SC
6 年Like all of my relationships, it's complicated.?