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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. |
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Are you done? Besides, I thought you got over that years ago. |
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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. |
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Great analogy, especially as getting you even to think you could “do” personal finance was like pulling teeth. |
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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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Actually, it quickly became obvious that a big part of the problem was the terminology, which is why I simplified it. |
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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. |
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My version is technically accurate. But, making it a funny story makes the topic relevant and relatable. And, memorable. |
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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! |
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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. |
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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! |
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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. |
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But I’ve always thought of math as being very structured. With right and wrong answers. |
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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. |
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Easy. Subtract $7.84 from $10. How else would you do it? |
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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. |
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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. |
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Basic algebra. |
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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. |
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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. |
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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. |
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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. |
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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”. |
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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. |
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About math. About money. About life. |
Want to read other columns? Here's a list.
We first ran the post below five years ago, and we’re glad April’s no longer Autism Awareness Month but now is Autism Acceptance Month. Especially as autism seems to have become more commonplace (partially due to improved diagnosis, but also less stigma). Most important, though, is learning about autism, including how to talk about it in a non-judgmental way … because that’s what helps all of us move from awareness to acceptance.
| Did you know that April's Autism Awareness Month? I wasn't aware (pun intended) of it until I read our local homeowner's monthly newsletter and it caught my eye. |
| Actually, last month the founding organization, the Autism Society, changed "Awareness "to "Acceptance" to foster inclusivity, as knowing about something is very different from accepting it. But I am guessing that is not the point of this call. |
| Although it isn't autism, it reminded me of years ago when we found out that Natasha has learning disabilities. |
| I think you mean DIFF-abilities. |
| Of course, that's another thing I remember. I was focused on the negative aspects of her diagnosis until you asked me, point-blank, "Why are they called disabilities?" And proceeded to explain that everyone has different strengths and weaknesses. |
| Exactly! Imagine the world if everyone excelled at math, but flunked English. Or, a world of lawyers, but no musicians. Some people are better at social skills, while others excel at handling technical data. Why not just say that people who have different skillsets and abilities have DIFF-abilities versus making them feel like they have shortcomings? |
| I know that you completely changed my way of thinking, not only about Natasha but about the concept of "disabilities" full stop. It opened my eyes – and my brain – about how just because someone has challenges or limited abilities in some areas, that doesn't mean they don't have different gifts and strengths in other areas. |
| Exactly. Although autism is a "spectrum condition" meaning it affects people differently and to varying degrees, it is a complex developmental disorder that can affect a person's social skills, and ability to communicate and interact with others. However, autistic people usually possess some extremely valuable traits that are rare in non-autistic people. |
| Which is why it frustrates me that so many people feel like those with disabilities, excuse me DIFF-abilities, are "lesser" people. When Natasha was diagnosed, she was in her teens and already had a very strong personality (no doubt inherited from you) and, luckily, seemed to have an innate understanding that she was just different, not better, not worse, than others. I guess one of the biggest challenges is to get others to see things with the same mindset. |
| We are a story-telling society, and there are countless stories of people with DIFF-abilities, including those with autism, that are eye-opening and more powerful than anything we could ever say. |
| Funny you say that, as I was curious to learn more about autism and found some inspiring quotes (including a wonderful Tom Hanks clip) that not only gave me great insight but made me smile. One of my favorites was how Paul Collins, an author and parent of an autistic child, said, "Autists are the ultimate square pegs, and the problem with pounding a square peg into a round hole is not that the hammering is hard work. It's that you're destroying the peg." That's such a great way to describe not only those with autism but any disability. |
| Well, technically, it will fit, but it requires that the diameter of the circle be larger than the diagonal of the square. Basic geometry. But, I understand Paul Collin's point. |
| Talk about DIFF-abilities! Couldn't you just agree with me? |
| The thought never crossed my mind. |
| So, how do you plan to explain how our WORDS & BANTER section is different from BANTER BITES? Although it often takes more than a "bite" of sisterly banter to address topics, especially since we always seem to have very different perspectives. |
| You just explained it. |
| Do you think we should mention how, on the surface, it may appear as a hodge-podge? An assortment of topics. Things that don’t fit “nice and neat” in specific categories. |
| Areyou describing WORDS & BANTER? Or, life? |
| I should've known that you'd answer my question with a question. |
| How long have I been your sister? By now, you should be used to it. |
| True. Just like you should be used to my blah-blah-blah. |
| Which explains why we never have a shortage of words … or sisterly banter. |
| That, and the fact that you always seem to have a different point of view or perspective on any given topic. |
| We are sisters— not clones. |
| Well, sometimes I think you’re a Vulcan. Anyway, should we mention that if they want a weekly dose of Red & Black banter and perspective, they should sign up for our newsletter at the bottom of this page? |
| You just did. |
Red assets.rebelmouse.io We love it when Passover, Good Friday, and Easter overlap. Yes, they’re very different celebrations, but they have a lot in common — tradition, history, family, and hope. And the post below is worth repeating, because we wish everyone could remember what we have in common instead of our differences …
| I can't tell you how much I love when Passover and Easter are close together. And this year, the last day of Passover falls on Easter! |
| They usually fall close to one another, and when the girls were young and celebrated everything (which many interfaith families do), it allowed me to be efficient in terms of gift-giving and celebration meals. |
| I'll never forget you adding fluffy Easter bunnies and pastel-colored eggs to a Zabar's basket of Passover goodies. But I wasn't really thinking about that. |
| Let me guess. You want to use this as an opportunity to remind me – once again – that the Comparative Religion class you took decades ago at Wake Forest University was one of the best classes you ever took. |
| Fine, make fun of me. But that class was such an eye-opener. Before it, I thought there were huge differences between the religions. But the reality's very different. We have much in common. |
| Yes, a belief in something bigger than us, in faith, in traditions, in celebrations that go back centuries. |
| Exactly! And while people might celebrate different holidays based on their religion, when those holidays come close together it's a perfect reminder of what's truly important. Our fundamental values are so similar. If everyone could see that, maybe we'd be pulling together more and be torn apart less. |
| It is up to each of us to decide whether we want to focus on our differences or our similarities. |
| At this point, I'd settle for respect, tolerance, and understanding. |
| You left out world peace. Well, given that Passover and Easter both celebrate history … and hope … maybe your request is reasonable after all. |
| In that case, whether our readers are eating the last of the matzo or hunting Easter eggs, I think we should wish them a very happy holiday… one filled with hope, happiness, and peace. |
| You just did. |
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