Victory! Or, On Completing A Huge Challenge

After writing about clearing my bookshelf for nearly a year and a half, last week I emptied it! The thrill is starting to fade, as I deal with the downstream effects, but let me tell you, I mentioned it once an hour the day I accomplished it.

To some of you, this may not seem like a huge accomplishment. I myself thought I could get it done in just 4 months–how deluded I was! I had no idea it would take me another year beyond that to accomplish my goals.

In many ways, achieving this goal was like achieving any other intimidating goal, like paying off a mortgage or student loans. And in other ways, it is very different.

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Interview After Another Money Date

When my father became very ill last spring, I realized that my mom didn’t really know everything she needed to in order to manage the household finances. I couldn’t believe that she didn’t know how to get to all the accounts.

Then I realized that my husband was in the dark about much of our household finances. We had our first money date while on vacation, visiting family, this February.

Now that COVID-19 is going around, I feel a little more urgency to make sure he can really manage if I am unavailable for some reason. We took care of the bills together at the beginning of April and May.

I asked if he would be willing to be interviewed about the process again. We will see if third time is the charm, as far as feeling ready to tackle things on his own. This time I have added my commentary to his answers, the editor’s prerogative.

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4 Market Crashes, 5 Lessons On Risk Tolerance. And 1 On Life.

I have had the dubious pleasure of investing through a number of market crashes over the years. Each one has taught me something about my risk tolerance, and I hope that the lessons I have learned may be helpful to you. If only to show you what not to do.

I decided not to present each past market drop chronologically, but rather to discuss each drop in terms of my personal risk tolerance, from least to most. Please keep in mind that, of course, your risk tolerance will change depending on your age and life circumstances.

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