Financial
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Think I
Time to
“Much of the scientifi c
research about spending and happiness
points to a clear connection between
spending on experiences
versus things.” - Nina Azwoir
f the past few months have given you more time for introspection, use it to improve your financial
plan in a big-picture way. Even for the privileged among us who still have our jobs, are not on the front lines with the pandemic, and have not had anyone close to us felled by COVID-19, the current crisis has brought hardships big and small. Parents have confronted the daily struggle of
trying to do their jobs while also home-schooling. Adult children have not been able to visit their elderly parents. Graduations, weddings, and even funerals have been put on hold or “Zoomified.” Yet as difficult as it has been, there have been a few silver linings too, especially for those of us lucky enough to not be touched directly by the crisis. One of the most valuable is that pressing pause on our usual routines has given many of us the opportunity to take a step back, get out of our ruts, and take stock. What do we really value? What do we really miss? What can we not wait to
Big By Nina Azwoir, First Vice President of Investments, Wintrust Wealth Management
do when this is all over? What “necessity” of our past lives, whether the daily purchased latte or frequent meals in restaurants, are we finding that we are quite happily doing without? Travel may be someone’s greatest longing,
while others miss cooking and entertaining big groups of family and friends. Talking about how the pandemic has changed our thinking on a top- ic, or made us want to do more of something else, can help us feel like we are using the present situ- ation productively. The current sense of isolation will not be for naught, because it is shaping how we intend to use our lives in the future, when we once again have a full set of choices before us.
Are You Allocating Your Time and Money with Your Intentions?
It can be argued that now is a good time to put a fresh set of eyes on your financial plan, taking a similarly expansive view of it that you might not
FALL 2020
ESSENTIAL Naples
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