A Holiday Financial Literacy Lesson
It’s that time of year when we spend, spend, spend on holiday gifts for family and friends. According to The Conference Board, the average US consumer is expected to spend $1,063 this season on holiday-related items and $677 on gifts for others. When adjusted for inflation, holiday spending is at or near all-time highs. However, the most disturbing statistic is that a large proportion of shoppers are still paying off the debt they accumulated in 2023 to purchase holiday gifts.
Vote! It’s Your Civic Duty
Vote and keep in mind that it’s not cult of personality that you’re voting for. It’s not a political party you’re voting for. As a US Citizen, it’s your obligation to defend and support the United States Constitution. Fun fact, the framers of the Constitution were terribly afraid that political parties would fracture our nation and tear us apart. It should be Country over Party and not the other way around.
Navigating the Feelings of Failure
Intellectually, I am keenly aware that I should objectively evaluate what went wrong through an after-action review (AAR), engage in a learning activity, communicate why what I’ve learned will produce different results in the future, and implement a change to my standard work (i.e., the current set of best practices) to reduce the likelihood of recurrence. Reality can be quite different. It’s easy to allow feelings of inadequacy to cloud my judgement. It’s easy to wallow in the valley of despair. It’s easy to throw a pity-party and remain “stuck.” A vicious cycle can ensue in which being “stuck” leads to more misses and feelings that you just can’t do anything right.
The Debt Ceiling and Unnecessary Complexity
First, most businesses function better when the economy is stable, and fiscal policy has a major impact on economic stability. Yes, there are businesses that thrive on chaos, but those are the exception and not the norm. The vast majority of us value reliability, predicability, and high-functioning governmental entities and policies that support business growth and consumer well-being. Fights about the debt ceiling do neither of these things.
The Art of Self-Reflection, Part II
Remember, self-reflection is about you and your continuous improvement journey. If you find yourself focusing on others, pointing fingers, or wallowing in self-regret, you’re not engaged in self-reflection. That’s a pity party. Nobody likes to receive an invite to a pity party!
The Art of Self-Reflection, Part I
Unfortunately, there are all manner of societal pressures that make self-reflection difficult. Some label it as “fluff” or “weakness.” Some surround themselves with so many external voices and stimulation that the concept of self-reflection is foreign and uncomfortable. I’ll be the first to admit that I’ve succumbed to the narrative that “tough guys don’t reflect.” I’ll also be the first to admit that becoming more in tune with yourself through meditation and reflection is one of the best things you can do for yourself.