Happy Last Thursday in August!
On July 22, I wrote a blog post about my participation in AARP’s Decide. Create. Share. Initiative and 40 Day Pledge. The Initiative is designed to help women do three things:
- Decide what kind of future they want for themselves.
- Create a long-term plan that will help them address their health, financial, legal, and home issues and achieve their goals.
- Share their long-term plan with the important people in their lives.
The Pledge offers women an opportunity to make a commitment to complete a Living Longer, Living Smarter plan for their future. It covers four critical areas of life— home and community, health, finances and wishes. My post outlined what I planned to do during the 40-day period which officially ends on August 31. Today’s blog post is a check-in that shares what I have I completed so far and my plans for the coming weeks and months.
My August got off to a great start due to inspiration I received from reading the “Love Your Age” issue of Prevention. I was moved into action by Anne Alexander’s Editor’s Letter, a series of lessons in the “Love Your Age!” article by Megan Othersen Gorman and Sari Harrar, and wisdom from Dr. Maya Angelou, one of my personal sheroes.
I carried their words into my third quarter meeting with my Ameriprise financial advisor Judy Weathers at Ulah Bistro in my U Street neighborhood in Washington, D.C. (Ulah has great food, drinks, dessert, and wine). We reviewed my business revenue streams, expenses for any big ticket items in the next several months, emergency fund, investments, new investment plan, retirement savings, and current policies for disability and long-term care. Before ending the meeting, we scheduled a follow up meeting in October. Judy also gave me homework (update all of my financial information from early 2013) that is due on September 6. She agreed to be my accountability check-in person for my 40 Day Pledge homework in September, October, November, and December.
Here’s what I was able to do this month: clean out some of my financial files, submit my monthly invoices to vendors and clients on time, make a list of 3rd quarter expenses and new revenue stream sources (obtained one new client), schedule and go to three women’s wellness exam follow up appointments, and give summer clothing and shoes to charity.
This weekend, I am going to complete the online 40 Day Pledge Worksheets, finish my homework for my financial advisor Judy, file my current financial records, review my health records and file the current records in order, and create a more realistic schedule for the action items listed below. I am gonna be one busy lady this Labor Day Weekend!
1) Financial – Personal and Business Project
- Prepare a list of all monthly expenses and account numbers for each creditor, utility providers, and mortgage company).
- Create a list of all my usernames and passwords for bank, credit, debit, web site, and social media accounts. Share the list with close family members.
- Obtain a safe deposit box.
- Prepare a list of upcoming expenses for the 4th quarter.
- Prepare a list of all current revenue streams for the 4th quarter.
- Identify additional revenue streams for the 4th quarter and map out plans to obtain them.
2) Health Project
- Obtain my health records from my previous doctor and send them to my new doctor.
- Schedule my eye, dental, and foot appointments in September and October.
- Prepare a list of my vitamins, medications, medical care providers and acupuncturist’s contact information, and health/eye/dental/long-term care/disability/life insurance policy information. Share the list with close family members.
3) Home Project
- Make several copies of my deed to my property and file in my safe deposit box and personal home files.
- Update my home insurance plan inventory list with new equipment and the value of any personal property.
- Create a contact list of all home service providers (plumber, heat/air conditioner, painter, and contractors).
- Prepare a list of items and furniture I plan to purchase in the next 6 months to a year and map out the best times to purchase them.
4) Legal Project
- Review and update my will (include statement about how to handle my social media accounts and web sites when I die) and healthcare power of attorney. Have the documents notarized. Give copies to my close family members and file a copy in the my safe deposit box.
- Review my real estate property deed and related documents. File them away safely.
As you can see from my check-in, I am a work in progress. I am happy about the progress I have made and looking forward to taking better care of myself in the coming weeks and months.
Did you take the 40 Day Pledge? What have you been to accomplish?
Disclaimer: This blog post was written in support of Digital Sisterhood Network’s Leadership, Lifestyle and Living Well initiative and participation in AARP’s Decide. Create. Share. Initiative.