TheLiveBigWay® Digest: Thanksgiving Edition
It doesn’t take much to get caught up in the Thanksgiving hype and suddenly find that your simple dinner menu has turned into a gluttonous affair! One way to stay focused this holiday season – and all year round! – is to have a budget. In this piece, we offer a different perspective on budgeting and share budgeting applications for various stages of life.
As you planned for Thanksgiving Day, you likely asked yourself questions like, do I have all the ingredients I need? Enough seats at the table? And when should the turkey go in the oven? When it comes to your financial life, it’s equally important to have a plan in place to help you achieve your goals and navigate life’s inevitable transitions. We share more about the importance of planning in this piece.
To protect yourself and your belongings from hot surfaces, it’s important to wear an oven mitt and place a trivet on your table. To protect yourself and your belongings from hackers and phishers, it’s important to practice healthy technology habits. Don’t let yourself or your identity get burned – make sure these four habits are part of your regular routine.
Were your kids or grandkids interested in helping you prepare your Thanksgiving meal? As we’ve shown here, opportunities to share personal finance lessons are abundant, and we believe it’s never too early to start teaching kids about money. Continue reading for our thoughts on financial literacy and ways to start imparting financial wisdom to kids as young as three years old.
At the end of the day, it’s important to remember the foundational purpose of the Thanksgiving holiday: gratitude. A perfectly outlined dinner or financial plan can leave you feeling empty if it doesn’t connect to the people, places, and things that you envision in your Live Big life. Here’s an exercise that reminds us to stay focused on what’s important – and it’s perfect for our virtual celebrations this year!