| April is National Financial Literacy Month, and you love to talk about money, but I think it should be called National Financial Intimidation Month. After all, most of us “mere mortals” find personal finance intimidating. And boring. And tedious. |
| Are you done? Besides, I thought you got over that years ago. |
| Being forced to figure out the basics doesn’t make personal finance any more interesting. It’s like getting my teeth cleaned. I know I need to do it, but that doesn’t make it any more enjoyable. |
| Great analogy, especially as getting you even to think you could “do” personal finance was like pulling teeth. |
| Fine, is this where you’re going to remind me how I freaked out when you first mentioned financial statements? Or when you told me that if I could add and subtract, I was qualified? |
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Black
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| Actually, it quickly became obvious that a big part of the problem was the terminology, which is why I simplified it. |
| I remember. Especially since you love to tell people how emphatic I was that I couldn’t deal with assets and liabilities until you told me we were going to talk about “what you own” and “what you owe,” and I said I could do that. Neglecting to tell me those were the definitions. |
| My version is technically accurate. But, making it a funny story makes the topic relevant and relatable. And, memorable. |
| Like when you used to ask auditoriums full of eighth graders how many liked math, and only a handful raised their hands. But when you asked how many liked money, they ALL raised their hands! |
| Exactly. The difference is focusing on practical applications versus terminology and theory. Many people will think they are not good at math when, in reality, they are not good at theory. |
| Do you remember when you took the girls and me to Central Market? Back when Natasha was in high school and close to failing math. She had a store gift card and a basket full of items. Sawyer and I watched as the cashier entered each item, and we were betting on how much Natasha would overspend. Instead, she came in slightly under! |
| She seemed to know exactly where she stood. And, was doing it in her head. Which did not surprise me as she was always good with numbers. It is why business plans for bars, not just the creative concepts and drinks, but the numbers, come so easily to her. Natasha often struggled with the supposed “correct order” of the mathematical steps, but she understood the application. |
| But I’ve always thought of math as being very structured. With right and wrong answers. |
| Ok, if something is $7.84 and I give you a $10 bill, how will you figure out the change? And, you cannot use a calculator or smartphone. |
| Easy. Subtract $7.84 from $10. How else would you do it? |
| Add $0.16 to get to $8. Then $2 more to get to $10. I can get to the “correct” answer of $2.16 faster using addition than subtraction. |
| That’s really interesting. When you asked me how to figure it out, the straight-A student in me defaulted to how I was taught to do it. But your approach is a much easier way to get to the same answer. |
| Basic algebra. |
| Don’t even think of going there. But it does explain the trick Mommy taught me years ago about calculating the cost of something with tax. Rather than figuring out what 8.25% of the price was and then adding it to the price, I’d just multiply the number by 1.0825. |
| I doubt Mom realized the mathematical equation behind solving for “x,” but she knew why take two steps when you can take just one. Whether in your head, on paper, or using a calculator. |
| So, just like you made me realize being open to “trying” to do personal finance is about mindset, so is math. Using your logic, why not teach math, at least to those who aren’t into theory, in a practical way? And by using money examples, you also could be teaching personal finance. After all, kids may not like math, but they sure do love money. |
| Mom used to say that I excelled in math because, as a kid. I would substitute “dollars and cents” for “apples and oranges” in word problems. Although, looking back, putting me on a clothing budget when I was in middle school is what probably taught me the most. |
| I still can’t believe you never realized it was intended as a punishment, not a life lesson, until you were trying to explain budgets to me while I was in the midst of my “crisis”. |
| I still can’t believe you never learned about money until you were in your 40s, and it took your husband getting fired. But, the bottom line is that you are never too young or too old to learn. |
| About math. About money. About life. |
Want to read other columns? Here's a list.
How you celebrate July 4th may change from year to year (Red will still enjoy a quiet holiday, but this year will be reading as it may take all summer to get through “War and Peace”), but what should never change is remembering WHY (one of Black’s favorite words) we celebrate as well as the sacrifices made to live in a free country …
| This is going to be a very unusual July 4 th for me, with neither girl being home. Natasha always hated the fireworks, but Sawyer would insist we do all the traditional things – barbequing, lots of watermelon, and then watching the fireworks in the Texas heat and humidity. So, this year, I plan to make it a really “cool” holiday … staying in the air-conditioned house, watching a movie or one of my TV series, and celebrating my day of independence from any “mom” responsibilities with a big bucket of freshly popped popcorn! |
| Well, everyone celebrates differently. But, when I think of Independence Day, I think about the challenges our Founding Fathers faced when they drafted the Declaration of Independence , especially as they did not always agree on issues. Challenges our nation continues to face (it is a holiday, so I will not get into the increasingly divisive aspects of politics). And, I cannot help but wonder how many people realize the extent of the sacrifices made by those who signed it in exchange for our country’s freedom. Which is why, as we celebrate July 4th, we need to remember, |
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We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.
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What do you get when you cross Flag Day (June 14) with June being Effective Communication Month? Well, if you include Black in the mix, you get one of Red’s favorite memories … and a unique way to think about the importance of communicating – whether in your personal or professional life. And especially if you’re in a racecar!
| This past weekend, I noticed a bunch of flags on my street and wondered why since July 4 th is still almost a month away. But this morning, I learned that today's Flag Day. |
| Well, for someone who likes to decorate for the holidays, I would have thought you would have known all about it. |
| I've heard of it, but I never really thought much about it, let alone when it is. I knew it had to do with the American flag, but it surprised me that it has nothing to do with Betsy Ross, which legend has made the first flag, although it seems there's no evidence to support that. |
| If you want an interesting "story", read about why the American flag is called Old Glory . Regardless, the American flag, like all flags, communicates a message. |
| I know you like to connect odd dots, but only you would see a connection between flags and communications. |
| Not really. In the case of the American flag, they needed something to communicate a new nation fighting for its freedom . But remember when I gave Natasha a set of racing flags years ago? |
| How could I forget? It was a very difficult and challenging time. And although you had already made me realize that different people like to communicate differently , the problem with Natasha wasn't so much how to communicate with her as figuring out when. We were frustrated and walking around on eggshells because we never knew when she was in a good mood or a bad mood, when it was safe to talk to her, and when she needed to be left alone. |
| Sometimes flags are the perfect way to communicate a message when words are not an option. |
| Leave it to you to use racing flags to solve what seemed like an impossible situation in a way that was not only clever but appealed to her because of her love of cars and racing. And we know where she got that from! |
| It just seemed logical. As did the cheat sheet where I basically "translated" the racing meanings of the different color flags for your use. For example, in racing, a green flag can either be the start of a race, a re-start, or just displayed to communicate safe racing. With Natasha, it would mean it was "safe" to talk to her. In racing, a yellow flag means caution and to slow down, which needs no further explanation. |
| I remember her telling me, quite emphatically, that a black flag means "Go away." Which made me laugh because it just seemed so, well, appropriate, given that's something I could see you saying. |
| On the track, it means to go to the pits, usually because you are in trouble. So, I cannot argue with your comment about it being appropriate for me. But, keep in mind that a red flag means to "Stop!" |
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There’s much debate about the role America should play in world politics and standing by our allies, and we can’t help but wonder … how many people look at history before forming their opinions? Which is why we feel so strongly about remembering D-Day (and are rerunning the post below), which is about so much more than just a day …
| I still can’t believe you didn’t know what D-Day was. |
| All I knew was it had to do with World War II and beaches. And, required lots of strategic planning. Remember, I am not a history buff like you. |
| Or a movie buff. There has been an assortment of D-Day movies, and I wouldn’t expect you to have watched the older movies, like “ The Longest Day” with John Wayne, but I figured you’d have seen “ Saving Private Ryan .” |
| The Tom Hanks movie? It was a great war movie, but from what I remember, it was about the search for a particular soldier during WWII. Although I remember the opening scene showed the horrors of war. Regardless, I do not get my “history” from movies that might take literary license for the sake of storytelling, even if Steven Spielberg’s movies are mostly accurate. |
| That opening scene WAS D-Day. |
| I know that … now. I always remembered D-Day fell on June 6 because Mom and Daddy got married on June 6 (1950). And, almost 40 years later, you got married on their anniversary. |
| Well, that’s ancient history. And unfortunately, my marriage wasn’t as successful as D-Day. Although I’m not a WWII expert, D-Day’s also known as the Battle of Normandy and considered the beginning of the end of the war in Europe. It was an incredible turning point and changed the course of the war . And history. |
| I have always found it fascinating how a singular event can turn the tide, not only through its success in the moment but in its ability to inspire people. How bravery, perseverance, and the willingness to fight for what you genuinely believe, to the death, if necessary, is extremely powerful. |
| Are you talking about D-Day or more recent events, such as the war in Ukraine? I can draw parallels as they’re both about fighting for freedom in Europe, which also impacts the world. But it’s as if people refuse to learn lessons from history. And we live in a world, in a country, that’s becoming more and more polarized, with seemingly fewer and fewer people willing to put the greater good above themselves. |
| That is why days of remembrance, such as D-Day, are so important. I may not have known the specific details, but that does not stop me from appreciating and respecting the sacrifices that so many made for our country. At the time, those soldiers may not have known the far-reaching impact of their actions, or even whether they would be successful, but that did not lessen their commitment and bravery. |
| I can’t imagine the feeling of responsibility and willingness to die for the future of the free world. Historians regard it as one of the greatest military achievements ever, but not to lessen its significance, and I’m almost embarrassed to admit this, but I’ve never known what the “D” in D-Day stands for? Maybe Departure, Decision, or even Doomsday? Although I could make a case for Democracy, Determination, or Daring. |
| How about “Day”? And no, I am not being sarcastic. “ D-Day” was an Army designation used to indicate the start date for a specific field operation. So, it does not stand for anything. At least, not at the time … because D-Day now stands for so much. |
To honor the significance of D-Day, consider taking a few moments for these inspiring quotes.