Words & Banter

It’s Not Complicated … It’s Just DOLLARS & SENSE

Money. It’s the first thing Red thought about when her husband came home and, totally unexpectedly, told her he was fired. And what was the first thing she did? She freaked out (Black likes to say that Red finally used her theater degree), assuming the worst about their financial situation. And if that wasn’t bad enough, she was certain she couldn’t “do” personal finance.

She then made a third foolish assumption … that her sister Black, who had an M.B.A. in International Finance, would tell her what to do. Instead, after giving Red a few days to deal with her emotions, Black started to ask her basic questions about their financial situation, and it became obvious Red’s default setting was to “freak out”.


And so Red’s journey (which Black turned into our bestselling book, What I Learned About Life When My Husband Got Fired!) began with learning the basics of personal finance and, ultimately, she’d realize that Black wasn’t being sarcastic when she said,

When it comes to money, you have two choices: you can let your money control you, or you can control your money.

But first, Red, a straight-A student, had to overcome the unfounded belief that she wasn’t capable of learning about money. She had to find a way to get around the mental roadblocks of being intimidated by financial terminology and concepts, which the very thought of gave her a headache. And then Black simply asked,

Can you add and subtract? If so, you’re qualified to “do” personal finance.

So, whether you’re more like Red (was), feel like you’ve got a good handle on your money but are always looking for tips and tools, or merely are curious about Black’s unusual ways of looking at money (or her sarcastic comments), we think you’ll enjoy the DOLLARS & SENSE section on our new site in the new year.

Until then, and especially since “tis the season for spending”, we want to share some of our favorite money posts:

P.S. – And whether you’re trying to survive the holiday season (this checklist is about more than just money) or looking forward to a fresh start in the New Year (although maybe not the “resolutions” part), stay tuned as later this month we’ll have a post dedicated to THE BIG PICTURE. (FYI, our subscribers get sneak peeks before we post online.)
Photo by Rabbitti for iStock

Every year on #GivingTuesday, Red tells Black that she knows how important giving is – whether time or money – but, unlike Black, she doesn’t have a meaningful charity that’s been part of her life for decades. We often “repeat” the conversation below, but this year, Black suggested that Red use #GivingTuesday to think about what charity inspires her or holds special meaning, and then get involved. Making it personal often ends up making it a year-round passion rather than a one-off obligation.

But no matter how you approach charity, beware of potential scammers. And, if in doubt — check them out! (Black likes GuideStar and Charity Navigator.)



red headred headassets.rebelmouse.io

I know today’s Giving Tuesday, but what I always find so amazing is how you treat every day as “Giving Tuesday."


Black's HeadBlackassets.rebelmouse.io

What makes you say that? I do not donate to an organization or charity every day.


red headred headassets.rebelmouse.io

You’re always so literal. I meant that the spirit of “giving to others”, whether donating or providing support in some way, seems to be part of your daily life.


Black's HeadBlackassets.rebelmouse.io

I think you are exaggerating.
Keep Reading ...Show less
Photo by klohka on iStock

It’s that time of year again when we’re re-running this “little slice” of family history because some traditions never get old — and always make us laugh. Not to mention, neither of us can ever look at a perfectly browned turkey and not imagine it being naked!

We first ran this in 2020, but as soon as Black wrote it, it became one of Red's favorite posts and a perfect way to wish you a very Happy Turkey Day … one filled with gratitude, laughter, and memories worth retelling.

Today is Thanksgiving, and I cannot help but wonder why we are online. However, everyone has their own way of celebrating. I know that Red is in the kitchen cooking – and watching a marathon of "The Godfather" movies. Which is perfect as turkeys take such a long time to cook and patience is important when you want it perfectly browned. So inviting, so appetizing, so … naked?

Keep Reading ...Show less
True
Design by Sawyer Pennington

People have told us they’re using our sisterly banter to start conversations with others (family, friends, and even in classrooms), so Black created “Conversation Starters”.

The first time we posted this may have been the first time Red thought about the difference between being thankful and having gratitude. And it started a new Thanksgiving tradition (Black prefers to think of it as a “habit”) …



red head red head assets.rebelmouse.io

I’m really looking forward to Thanksgiving this year, especially since last year was the first since Mom passed away, and the dining room table seemed incomplete. Which may partially explain why we ended up sitting around the kitchen table and island instead. And that was wonderful – so relaxed, easy, and fun – but I still couldn’t help but think of her not being with us. It’s funny because, over the years, even as life changed, such as the girls growing up and going off to college, I’ve always taken for granted that Thanksgiving would somehow always remain the same, cooking the same dishes, with all the preparation beginning days in advance.

So, I'm not sure that I truly stopped and appreciated each Thanksgiving Day as I was so focused on everything I needed to get done. This year, though, I plan to take a moment to stop and think about some of the things I'm thankful for, and to start appreciating the day itself. To try to "be present", so to speak, in the present.


Black's Head Black assets.rebelmouse.io

I know that Thanksgiving is about giving thanks, but what you just described is gratitude. Gratitude is "deeper" than thankfulness, and the best way I can describe it is … think about when you might write a thank you note – someone gives you something or does something for you. It is a fleeting event. Now think about if you were to write someone a note or letter of appreciation.

You have repeatedly told me that mere mortals often need reminders, so what if this Thanksgiving you start a "gratitude habit"? Make a daily appointment with yourself to find a few quiet moments and write down at least one thing for which you are grateful. It can be as simple as sunlight on your face or the crunch of an apple. You are probably rolling your eyes right now, but it will only take a few minutes and can change your life. Or, at least, how you look at it.

THE CONVERSATION STARTERS

  • If you look back, what or who would you appreciate (or appreciate more) that you didn’t at the time?
  • If you begin to appreciate the value of appreciation (pun intended), what might you want to be mindful of going forward?
  • Do you think a "gratitude habit" might be useful? Would you be willing to "test-drive" (Black's words) one for a month and see if your opinion changes? Explain your answers.