February 23, 2018 by Administrator
Hey there dfree® Family,
Welcome back to Tamika Talks!, my monthly check-in where you’ll get my thoughts on free and full living, of course from a dfree® perspective!
Happy Black History Month! Happy (Belated) Black Love Day! Prayers for a powerful Lenten season! Happy Black Panther Weekend! Happy (Not My) President’s Day! And any other holiday I may have missed, happy that too!
I hope you’ve been following @mydfree and I (@TheFreeBlackGirl) for 28 days of Free Black Brilliance where we’ve been highlighting incredible men, women, and young people from around the African diaspora who exhibit brilliance, excellence, and beyond for our people!
I won’t keep you long, in light of this, our very short month of celebration, but I wanted to challenge you as you start or continue along your Journey to Financial Freedom™…to do it “FOR THE LOVE!”
So often, we are encouraged to pursue financial wellness for our own well-being, but that is only the beginning. Yes, I want to be financially “secure” for my own good, because I’m no good to anyone or anything if I’m no good to myself. However, I get tremendous joy when I think about what I can do for the people and causes that I love once my house is in order.
I recently met with my Financial Advisor from Prudential (shameless, and very intentional plug…visit www.prudential.com/dfree to find an advisor in your area). Anyway, during our meeting, I confessed that:
1) I needed to (re)jumpstart my retirement savings due to several career changes with a few financial flat-lines;
2) My vision for retirement is “simple,” for the most part, but my definition of simple tends to involve elements of grand flair;
3) I hoped to have at least one child and a husband, very soon;
4) I love my alma maters (#PlainfieldHigh, #Spelman, and #Rutgers), my church (#FBCLG), my hometown, and helping ambitious young people; and
5) My biggest concern was being able to leave my family in a better financial position when I die.
Now, as morbid as that last confession may seem, I was overjoyed when we were able to identify a few product combinations that would allow me to address all of my personal goals and concerns for less than the cost of my monthly Target / TJ Maxx runs.
For the first time in a long time, I felt relieved to sign my name, jot down my bank information, and spend (well, invest) money on what I LOVE without the guilt of potential morning-after regret.
(My fellow shoppers understand exactly what I mean. Cue the inner “Lord, why did I do that?!? I am so out of control. Did I really need that?!? I must do better!”)
I made a financial decision and took a few simple steps FOR THE LOVE of myself, my future, my family, and my beloved community. And guess what?!? It felt sooooo good!
So, as you close out the month, I challenge you to think about what you can do FOR THE LOVE. It may not be an insurance policy, but maybe you can increase your 401K contributions, add a little extra to your savings account, or open an account for your kids. Whatever it is, remember to take care of yourself first and spread love from the overflow!
Big hugs and best wishes,
Stay tuned. Stay connected.
IG is my favorite digital destination! Check us out on @mydfree @dbsoaries @thefreeblackgirl