My weeks are pretty busy, and I have always loved the quiet pace we have had as a family at the weekends. We have always tended to lie fairly low, with not too much scheduled time. However, the kids are getting older and there are clubs and activities that have started to kick in. This morning I took my daughter to netball at 8am (which despite the fact that I am up at 5am Monday to Friday, seemed really early) and my husband took the boys to rugby. FULL STORY
I have been doing a lot of work recently on families and the transfer of wealth through generations. Bringing our children up with a healthy relationship with money is important for us all, but for wealthy families, the stakes are (literally) higher. And that’s because, although money can be a great blessing, sadly it can also be a curse. How can the wealthy ensure that their children grow up independent, with a strong work ethic, without a sense of entitlement, and with a healthy sense of what their wealth means? Some undoubtedly manage it, but many don’t. FULL STORY
So, I have been a bit quiet over the past two weeks. My family has been enjoying our annual family trip to the UK. We have stayed with my mother-in-law in her 500 year-old thatched Dorset cottage, spent a week camping in a field in Wales, visited my sister and her husband who live in one of the most exclusive resorts in the south of Spain and we are now sitting in my Mum and Dad’s cottage in Kent whilst it pours with rain. FULL STORY
As all mothers know, finding balance in our lives is hard. Sometimes I am not even sure quite what it means. Something Jean Chatsky said last week really resonated with me.
She said “Balance is a crock. There are some days I’m very good at work. And there are others I’m very good at home. But they very rarely sync up.”
For me, this is so true. Some days everything at work goes really well. Other days I am frustrated and anxious. Some days I have magical parenting moments, sometimes even hours. Other days I yell at them and feel like a failure. You can’t be good at work AND good at home every day.
Is that balance? I think so.
The key thing for me is that I never stop trying to get better, at work and at home. As a financial planner, an investment advisor, as a mother and as a wife.
And from that I draw a great sense of pride. My Mum has always said, ‘you can only do your best’. It’s so true.
Happy Mother’s day today to all the other hard-working, selfless Mum’s out there. And special thoughts to all those reading who don’t have their Mum around anymore, and to all those who are on a hard journey to become a Mum.
My Mum is my inspiration to always be the best version of me.
My daughter, who just turned seven, said to me last week “Mummy, what exactly is it you help people with?” I told her I help people make better decisions with their money so that they have enough to last them for the rest of their lives. To do that I told her that I grow people’s money. She looked at me with the biggest widest eyes; “Money can grow?” Absolutely I said. “If you care for and look after your money, you can turn one dollar into two dollars, and then into four and then into eight”. She ran off into her room and came back with her piggy bank and counted out $24. “Mummy, can you turn this into $100?”. FULL STORY
I have long known that women deciding to take long career breaks to care for their children are doing so without a full assessment of the financial planning impacts. I am a mother of three children so I certainly realise that there is far more that comes into the discussion than just finances. But if money is part of your motivating decision to stay home, then you need to make sure you are looking at the maths the right way. I know many women look at what they are earning versus the cost of childcare and conclude that it is simply not financially worth them going to work. FULL STORY