Everyday Wisdom
Plenteous Financial Forum is where individuals come together to help our communities, friends, family and selves in pursuit of a plenteous life. Here members share their wisdom – favorite high-impact truths, practices and habits and welcome you to connect with them via LinkedIn.
If you have a financial and/or life planning tip you would like to share, schedule 30 minutes with Paula McMillan at https://calendly.com/paulamcmillanwa to discuss and/or record what you feel moved to share for the benefit of others. It should be easy to understand, relevant to a large audience, communicated within three minutes (or less) video clip and have the potential to yield significant results!
Plenteous Financial Wellness Wheel
In the pursuit of a plenteous life, consider cash flow planning, education and career planning, risk and insurance planning, tax planning, investment planning, retirement planning, eldercare planning and estate and gift planning.
Save and Invest Now
Save and Invest Now Because good and bad decisions compound, be intentional about saving and investing today. Your future self will thank you. Taking action - and being consistent - matters! What fruits do your habits produce? Member/Contributor: Paula McMillan - Connect with Paula! Get Involved with Plenteous Financial Forum
Easily Make a Charitable Gift at Passing
Easily Make a Charitable Gift at Your Passing Consider retirement accounts when making charitable gifts at passing. Creative thinking when making charitable gifts allows you to benefit the charity while maximizing the amount that goes to your heirs. Member/Contributor: Jennifer Noble - Connect with Jennifer! Get Involved with Plenteous Financial Forum
Compounding Look It Up
Compounding Look It Up You will someday come to appreciate compounding. It will either be for what could have been or celebrating how you embraced it. Taking action - and being consistent - matters! What fruits do your habits produce? Member/Contributor: Paula McMillan - Connect with Paula! Get Involved with Plenteous Financial Forum
The Power of Breath
The Power of Breath We need "the breath" to survive. But, "the breath" does far more than keep us alive. Understand and use it to its fullest extent to reap the benefits! We can use "the breath" to: Bring mental clarity Energize ourselves Detoxify us physically and emotionally Boost the immune system Change our blood chemistry Reduce inflammation in the body Help overcome addictions Control and direct the mind Control and direct the emotions Bring calm and relaxation Target viruses and bacteria Member/Contributor: Kara Nicole Bitar - Connect with Kara! Get Involved with Plenteous Financial Forum
Choose the Right Credit Card for You
Choose the Right Credit Card for You With disciplined spending, the right credit card can provide significant benefits. Choose the right one for you to reap the benefits! While there is a lot of bad press about the trouble people can get into with credit cards, they can be helpful in establish credit, defer expenses until due, adding convenience and providing benefits. It is those benefits I would like to discuss today. There is no single credit card that is the best for every individual, family and/or business. However, taking some time to consider a card's benefits, alongside it's associated cost can definitely be worthwhile. While we'll look at personal credit cards here, business credit cards should be similarly compared, if applicable. There is a lot to consider. Credit card costs to consider include the annual fee, foreign transaction fee and the required spending to qualify for the welcome offer. [...]
Welcome New Experiences
Welcome New Experiences Member/Contributor: Paula McMillan - Connect with Paula! Get Involved with Plenteous Financial Forum
Go At Your Own Pace
Go At Your Own Pace Do what is right for you - when you are ready. As a financial advisor to a person going through the shattering experience of losing the most important person in their life, I consistently sense the surviving spouse's feeling of being overwhelmed with worry over missing steps, deadlines or dates. After all, in most cases, it is their first time being faced with the processes and changes that follow. They are always relieved to find out that, in most cases, they have plenty of time to take care of all of the tasks ahead. Often the death of a wife or a husband radically changes the world as you have learned to understand it. Everything changes—sleeping, cooking, eating, even watching television, are now very different once a spouse dies. On top of these basic everyday activities, the surviving spouse has to revisit their financial, legal [...]
What You Own Owe and Want
What You Own Owe and Want When dividing marital assets, think in terms of three buckets... What you own. What you owe. What you want. Member/Contributor: Afi Johnson-Parris - Connect with Afi! Get Involved with Plenteous Financial Forum
Appreciate the Small Things
Appreciate the Small Things Member/Contributor: Paula McMillan - Connect with Paula! Get Involved with Plenteous Financial Forum
Carefully Choose Real Foods
Carefully Choose Real Foods Making a choice in favor of cheaper processed foods, over real foods, could save you now and cost you later! Understand the true costs of real versus processed foods when deciding what to put in your grocery cart. A real food is a whole, single-ingredient food. It is mostly unprocessed, free of chemical additives, and rich in nutrients. It’s the type of food we, humans, ate exclusively for thousands of years. Real foods include fresh lean meats, fish, fruits and vegetables. While real foods are highly perishable items that can be costly to deliver to your plate, processed foods also come with a lot of costs. After all, in addition to the food processing itself, these costs often also include designing the cute tiger on the box, creating memorable marketing messages for commercials, developing attractive packaging and more. Ultimately, however, with the U.S. government subsidizing corn [...]
Revisit Estate Planning When Divorcing
Carefully Revisit Estate Planning When Divorcing There is a lot to think about when divorcing. Don't put off estate planning. Prioritize it. Member/Contributor: Julia Long - Connect with Julia! Get Involved with Plenteous Financial Forum
Be SMART When Looking Ahead
Be SMART When Looking Ahead SMART goals are important and will help you achieve virtually anything. Be sure to set SMART goals on a regular basis. Taking action - and being consistent - matters! What fruits do your habits produce? Member/Contributor: Paula McMillan - Connect with Paula! Get Involved with Plenteous Financial Forum
Build Your Network Before Needed
Build Your Network Before Needed Because good and bad decisions compound, be intentional about building your network before it's needed. Your future self will thank you. Taking action - and being consistent - matters! What fruits do your habits produce? Member/Contributor: Paula McMillan - Connect with Paula! Get Involved with Plenteous Financial Forum
Why Smile?
Why Smile? What's in a smile? It turns out a lot more than people realize! This small gesture of encouragement can produce big benefits for both of you. So, don't be shy. Smile! Smiling: a drug-free high. Smiling improves your mood. Smiling lowers blood pressure. Smiling boosts your immune system. Smiling is contagious. Smiling provides an instant face-lift. Member/Contributor: Barbara Zavela - Connect with Barbara! Get Involved with Plenteous Financial Forum
Create a Reverse Budget
Create a Reverse Budget When Cash Flow Planning When you want to get a better grip on net savings, begin by finding out where the money is going. Create a Reverse Budget When Cash Flow Planning Member/Contributor: Keith Hiatt - Connect with Keith! Get Involved with Plenteous Financial Forum