| I’m not sure who’s more excited about Sawyer doing so well at her weekend waitressing job at P. F. Chang’s, me for how she’s balancing her college classes with working, or her because she’s making good money. |
| I am impressed that she plans to save most of it so that she has a nest egg when she graduates. Too bad you did not have the same understanding of money when you were her age. Or, even when you were in your 20s or 30s. |
| You’re never going to let me forget that, are you? I can’t help that I found personal finance intimidating, so avoided it. Plus, it’s confusing. And tedious. And boring. |
| That is one way to look at it – but as you eventually learned, if you can add and subtract, you can “do” personal finance. But, you have made significant progress. You used to kick and scream about it; now you just whine. |
red head
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Black
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| Fine, but just because I now have a better understanding of personal finance, it doesn’t make it any more interesting. But just like brushing my teeth, I know it’s something I need to do because not doing it has repercussions. |
| Great analogy, especially as personal finance is important for everyone. |
| But just because something’s important doesn’t mean “everyone” wants to know about it, or do it. For years, we’ve been saying that people would rather be entertained than educated. |
|
I will never forget how
surprised I was that our book,
which was supposed to be the basis of a sitcom, ended up being a powerful way
to “teach” personal finance and other life lessons. I envisioned people enjoying
the sisterly banter and
all the other “characters”, so was focused on them, not the subject matter. |
| Yes, while I was focused on my personal crisis, you were busy turning it into a book – a brand – a business. |
| Once I realized that the most successful sitcoms were about relationships and basic day-to-day living, it seemed logical to use your financial predicament as the backdrop. It was never intended as a “laugh and learn”. |
|
Well, “I Love Lucy” never did an episode on her trying to understand
financial statements. And I doubt “Seinfeld” or “Friends” ever talked
about credit cards. |
| Missed opportunities. Think about our “Assets and Liabilities” story. You started freaking out at the mere mention of financial statements. Telling me how I was the MBA and you were the theater major. Then, when I thought I was making it easier by focusing on assets and liabilities, you completely lost it. Insisting you could not do this. Complaining that you hated math. Your theatrics alone would make it a funny scene. |
| Thanks. Happy to help! |
| Then, when I simplified it and said I wanted to talk about “what you own” versus “what you owe,” you calmed down. And, much to my amusement, you then declared that you could do that, just not assets and liabilities. |
| How was I supposed to know they were the same thing? |
|
The point is that it is a funny story. And one that many people
seem to enjoy, as many people can relate to
being intimidated by terminology. |
| That, and thinking that understanding, let alone “doing”, personal finance requires an MBA. Let’s face it, by creating mental roadblocks, I became my own worst enemy. |
| That is an understatement. But, that “character flaw” can lead to an assortment of amusing episodes. As does thinking that just having more money was the answer, not realizing the key was how you handled the money you had. That having more might mean larger mistakes. |
| Is this where you’re going to tell me about all the celebrities, athletes, and lottery winners who made (or won) millions, but ended up broke or in bankruptcy? I still love how you use Nicholas Cage and his purchase of two ‒ not one, but two ‒ castles to make that point! |
| If these people understood the basics of personal finance, they would have made very different decisions. It is as simple as money coming in and money going out. I guess no one asked them if they could add and subtract. |
| The first time you asked me that, I thought it was just another one of your sarcastic remarks. And whenever we tell that to people, whether an auditorium full of eighth-graders or one person in a business meeting, they always laugh. |
| I miss doing speaking engagements. I loved asking people how many like math. Everyone would look around to see who the nerds in the room were. Then when I asked how many like money, everyone’s hands went up. It is all in the packaging. |
| Which is why I’d love to circle back to the sitcom idea. But how do we get Hollywood to see that a sitcom about personal finance and other Life 101 topics could be successful? And funny! |
| Easy. By not telling them. We focus on the characters that are resonating with audiences of all ages ‒ a warm and fuzzy stay-at-home mom and her pragmatic and sarcastic retired executive sister who races Ferraris, who are surrounded by an assortment of other “characters”. |
| So, just totally ignore the “laugh and learn”. |
| When I first envisioned your crisis as a sitcom, I saw it as something to be disclosed on a need-to-know basis, and at the time, you did not need to know. This is no different. |
| Now that’s funny. |
Red
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It’s been two years since President Biden signed the anti-Asian hate crimes bill, but making something illegal doesn’t stop it from happening. Hate crimes, including against Chinese Americas, continue at an alarming rate. But imagine if instead of hating someone for being different, we looked at what we had in common and their contributions to American culture and society? After all, that’s what makes America such a unique and special country.
May is Asian American Pacific Island Month (which prompted our conversation below about Jews and Chinese food), but we should treat all our fellow Americans with respect and kindness every day.
| Have you ever wondered why Jews love Chinese food so much? |
| No, but what prompted that? Did you take in Chinese food this weekend? Or, did President Biden signing the anti-Asian hate crimes bill make you think about how Jews can relate given all the antisemitism in the world? |
| Only you would connect those dots. I was straightening up papers in the kitchen and noticed how Chinese takeout menus look the same as they did when we were kids, and how we've laughed over the decades about how much Jews love Chinese food. But now you've reminded me about how we've recently talked about the recent increase in hate crimes against the Asian community . I simply don't understand how people can hate an entire group of people based on race or religion. |
| You are the history lover. It is not a new phenomenon. And, the reasons have not changed – Ignorance, prejudice, feelings of supremacy; the list has many "reasons". What I find scary is that people form stronger bonds with others based on what they hate than they do on what they love. But, there is no question that the Asian community and Jews have experienced hate for a long time. |
| I know, but in America of all places, that just shouldn't happen. Ever. We're a country built on immigrants, and the contributions of Asian Americans and American Jews have been so significant. From scientists to doctors, artists to activists, the list goes on and on. |
| The lists of contributions can be sliced and diced in so many different ways – gender, race, religion, nationalities. There are not enough months in the years to celebrate them all. However, some groups tend to be forgotten or overlooked, which is why President Carter signed the first proclamation celebrating Asian/Pacific Americans , which eventually led to May becoming Asian American and Pacific Islander (AAPI) Heritage Month. But now, with hate crimes increasing against them, celebrating by learning about their cultures is even more critical. |
| Well, I admit that I personally didn't know any Asians before I lived in Hong Kong, and then Shanghai, several years after getting married. Until then, all I knew was that I loved Chinese food. I know that might sound condescending, but that's not how I mean it. |
| No, it sounds like you just did not have any personal experience except for enjoying the food. And, except for dating Raman Sehgal, who was from India, when I was a graduate student at NYU, my experience before moving to Houston was basically the same as yours. |
| Sorry, but I can't keep track of everyone you've dated. Anyway, I learned so much about the people and their culture when living in Asia. It made me realize just what a young country America is and how many countries have so many more centuries of history than we do. And there I was the outsider, and although I might have been seen to be different, I was never disrespected in the way Asians are treated here. |
| A redhead in Asia. I bet you stood out like a sore thumb. Which is the problem they face here. Identifying Jews is a little more challenging, but that does not stop antisemitism. There was a very interesting article that interviewed Asian American Jewish leaders , asking them to share their experiences. |
| I never thought about being Asian and Jewish! But that explains the Chinese Kosher restaurant in Queens I used to go to when I was a teenager. I couldn't figure out why there was such a thing, but the food was so delicious I never gave it any more thought. Until now, when I realize Asian Jews must have run it. |
| I appreciate that food, and people, get "Americanized" over here, but what did you think about authentic Chinese food? |
| It's very different from American Chinese food, but both are delicious! They each have their own unique characteristics and flavors, and although very different, I appreciate them both, and there will always be a place for each in my culinary world! |
| Just as there should be a place for "different" people … |
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This Mother’s Day, Red will be visiting her best friend from elementary school, both of whom have lost their moms, so they’ll be sharing lots of stories and warm memories. (And since she’ll be in NY, she’ll be “visiting” Mom at the cemetery.) Meanwhile, Red’s youngest daughter is looking forward to having dinner with her second mom … Black!
Mother’s Day is a celebration of moms – those with us and those in our hearts and memories. And that’s why we’re repeating last year’s post (that, and because Black was borderline warm and fuzzy) …
Mother’s Day is a celebration of moms – those with us and those in our hearts and memories. And that’s why we’re repeating last year’s post (that, and because Black was borderline warm and fuzzy) …
|
I appreciate that bullet points may not be the typical
approach to Mother’s Day, but it seems appropriate to me …
|
| This year I write about Mother’s Day with a heavy heart and still much raw emotion, as our mom passed in December. My pragmatic side (yes, that’s usually Black’s area although she did sound somewhat warm and fuzzy above) knows that she had been 94 and led a full life, but that really doesn’t make it any less sad or fill the emptiness. But I find myself, when I least expect it and triggered by the most unexpected things, finding comfort in wonderful memories. And although Black’s first bullet point hits too close to home for me, I’ll try my best to focus on the other bullets. |