The [Money] Waiting Place
Created by: Jeff Bullock
About halfway through the classic Dr. Seuss book, Oh The Places You’ll Go, the main character’s journey takes him to a very peculiar spot. As he looks around, he finds many people who are hanging out; some are just sitting doing nothing while others are standing in a line. Perhaps it is due to indecision or lack of motivation, but it appears that no one is anxious to get anywhere. We learn that he has stumbled into The Waiting Place, where “everyone is just waiting” – waiting around, with no real urgency, for something to happen to them. Luckily for him, and for us as the reader, our friend finds his way out of this complacent place and is able to get on with his adventure. Referring to The Waiting Place, we read, “No! that’s not for you, somehow you’ll escape all that waiting and staying, you’ll find the bright places where the Boom Bands are playing”
I always enjoy reading this part of his journey because it forces me to do a quick evaluation to see if I’ve created any self-imposed waiting places in my life. It’s a great life principle taught in a funny and unique way.
Have you ever felt stuck with money decisions? How do you get unstuck? Do you wait for something to happen or do you find a way to “escape all that waiting and staying?” Similar to our friend’s predicament in the book, “The [Money] Waiting Place” is definitely not for you!
Perhaps you have excess cash that you want to invest but don’t know where to start. Or maybe you need advice around a big purchase, but feel unsure on how it will impact your finances. A useful way to make sure you never get caught in The [Money] Waiting Place is to organize your finances using the ‘bucket approach.’ Organizing money into separate buckets, with specific intents and purposes, can help you escape The Waiting Place. The key is creating a plan, organizing with intent, and then executing the plan.
At Fidelis Wealth, we help you escape The [Money] Waiting Place!
By implementing sound principles of planning, building, and using a long-term financial approach, we want to help you improve your financial situation. Similar to our friend in the story who found his way out of The Waiting Place, and eventually was “off to great places,” we look forward to helping you in any way we can with your money questions and needs.
Feedback from these newsletters is not only welcomed but encouraged. If you have any questions or comments, please email me at jeff@fidelis-wealth.com. If you think this might be useful to any of your friends or family, feel free to forward it to them.
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