Your Money

This is a tough time. It's hard to find a positive headline or news story these days. Even if you don't spend every hour buried in the financial news like I do, you can't escape the latest number of new virus cases or "Breaking News" interruptions on new emergency government actions.

That's stressful.  Combine the stock market panic, dread around the global pandemic, and unprecedented social isolation and you've got the recipe for super stress.  However, recognizing stress and understanding it may help us calm it.

This Is Your Brain on a Crashing Stock Market
by Jason Zweig

• stress puts our bodies and brains on red alert which narrows our focus and attention to the threat at hand
• tunnel vision can blind us to positive news and bias our predictions toward something bad happening
• take charge of whatever you can -- the simplest feeling of control will help clear your mind
• use technology like FaceTime and Skype to remain as socially connected as you possibly can with friends and family ... assuming they calm you ;)

Please email me back if you want to set a time to talk.  Until then stay healthy, stay sane!
 

Your Life

OK.  So, we have some time on our hands thanks to COVID-19.  Although we will do our part to prevent the spread of this illness and, eventually, eradicate it, we do not need to let it completely make our lives miserable.

Remember all those things you dreamed about doing if you had nothing else to do?  Well, now is the time.  The internet is full of examples of people doing activities that they always wish they had time to do, like baking, binge watching shows, and even performing at-home concerts.

Here’s a personal favorite from my old hometown.
Dave Kim practices Ave Maria

Complexity Simplified

Imagine having someone who makes sure your bills are paid on time, organizes your tax documents and hands them off to your accountant, and even follows up with your insurance company because you were supposed to be reimbursed for physical therapy.

Sound too good to be true?

It turns out, you don't have to be wealthy to hire a trusted professional to take care of these kitchen-table money issues for you. Engaging a daily money manager (also known as a DMM) can be a cost-effective way of making sure your financial life is in order.

Contact us at PRESERVE to learn more and find out how we can help.

Trivia