I should have thought of this sooner.
2020 has been a tough year. For some, really hard; for others, more of a series of somewhat disappointing, but survivable, let downs.
As I look around, it occurs to me that many of the people I work for are doing relatively fine. Perhaps bored and maybe a little depressed, but not having trouble making ends meet or putting food on the table. In fact, many of the people I help are close to their all-time high net worth, as I type this.
However, if you or someone you love is really struggling financially through these COVID related issues, consider recommending that they get some professional assistance.
We do offer free financial counseling, as time allows, and it would be an honor to try and help people in our community.
Pro bono financial planning used to scare me because I thought it meant I was to "solve" someone's—sometimes—incredibly difficult problems. I've since come to accept the fact that not everything is immediately fixable, but through brainstorming, we can map out a better path.
Even taking the first step of reaching out and asking can offer some relief to the financial pressures they may be feeling. Over the years, I’ve recognized that when people find themselves in these positions it is easier for them to sweep the problems under the rug, rather than confront them. Out of sight, out of mind.
Then, if they do decide to address the problems, not knowing what tools and resources are available can bring that progress to a halt.
There are creative solutions to every problem, and it helps to have an objective third-party to offer some level accountability for taking action and re-taking control of your financial life. Don’t carry the burden on your own.
So, that's it. If you have a friend or family member in need, consider sharing this note.
We love helping.