| Financial Profundities |
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Greetings! Welcome to Financial Profundities, a newsletter designed to make working with and managing your money easy (or at least, less painful!).
Do you remember the game show Let’s Make a Deal? Yes, the show where the studio audience dressed up in goofy outfits looking to get the attention of the show’s host, Monty Hall. Once Monty chose a contestant, he/she was given the chance to make a deal; the deal consisted of trading something they had for something they didn’t hoping that what they would receive would be of greater value than what they had. And therein lies the catch---no one knew if that would, indeed, be the case. The premise behind this popular 1970s show seems a fitting metaphor for life. Life is but a long series of choices and the consequence of each choice defines an aspect of our future. As we are making choices, however, we never fully know what the outcome will be. Will our circumstances be better, the same or worse? Much like the grand prize on Let’s Make a Deal, we make a choice and wait with baited breath, at times, to discover what exactly is behind “Door #1, #2 or #3”? Some choices are easy; others are more difficult. As an example: on a scale of easy to challenging, choosing to read the rest of this e-newsletter is easy. But choosing to give up your current job to pursue your life’s passion would be considered complex. In both instances, the process of choosing is the same; yet how you feel about the consequence of each choice and your attachment to the outcome is not. The greater the mystery about the outcome of what may happen, the more difficult the choice. Difficult choices:
I don’t know if the creators of Let’s Make a Deal realized the degree to which this game show imitates real life: the goofy costumes, mystery of the unknown, disappointments and exhilaration. There have been moments when we’ve all felt a little foolish, been a little impatient with uncertainty, disenchanted when things didn’t work out the way we wanted and overjoyed when they did. However, you know when you’ve made the right, even if difficult, choice because "right" choices are always accompanied by a sense of peace. The next time you are contemplating a choice, rather than judging it as easy or difficult, assess it based on whether you feel peaceful.
Looking to renew, rejuvenate and reclaim your power after a hectic holiday season; looking to get 2006 off to a tremendous start? Then give yourself the gift of a fabulous 2 night, 3 day spa retreat at Hotel Hershey Spa. In addition to spa services and other "goodies", your package includes 3 workshops, one of which is "Stop Treating Your Money So Poorly". The first block of rooms sold out in four days! Another block of rooms have been added, so don't delay---treat yourself now! To learn more and to register, go to Renew, Rejuvenate, Reclaim Spa Retreat Looking forward to seeing you in January!
Reference others; don't compare yourself to others. When it comes to money, there will always be someone who has more than you; likewise, there will be others who have less. When we draw monetary comparisons, we are typically measuring how much we have and what we are able to do with what we have to those who have more! That’s dangerous because comparisons are usually done in a vacuum without access to information about the choices others have made. The act of comparison, in general, focuses on what is lacking and typically leaves you with the short end of the stick. Additionally, when you engage in the act of comparison, you minimize your ability to learn from the choices as well as the mistakes of others. Rather than comparing, use others as a reference point. Referencing focuses on abundance, honors what you and your point of reference have and enables you to see the possibilities of what you can achieve. Referencing opens the channels of communication and creates an engaging atmosphere for learning and growth. Clearly, it is better to reference than it is to compare.
In case you missed this article in the New York Times regarding open enrollment for your 2006 benefits package... "It's a time-honored ritual of autumn in corporate America: you get your thick company benefits package. You are asked to choose from a "cafeteria" of benefits. Has anything good ever come out of a cafeteria? You sigh. And you sign up for exactly what you had last year because it is all too daunting." To read more click on the link below.
Modeled after the workshop of the same name, we offer the Stop Treating Your Money So Poorly Workbook (tm). It is a 48-page workbook, which consists of ten worksheets that will provoke you to think about money differently, inspire you to identify and examine your habits and help you make the choices that are right for you, at the right time and in the right way. The workbook is $24.95; the PDF downloadable version is $19.95; both can be purchased directly from Sterling's website. Virtual training support is also provided with your purchase.
Click here for a look inside the workbook. For additional details, we invite you to click on the Financial Products link in the "Quick Links" section below or visit our website http://www.sterlingchoices.net.
Sterling is pleased to offer our clients an identity theft protection product, the Identity Theft Shield, which is provided by Kroll Background America (KBA), for $12.95 per month. We are able to market this product as an independent associate of Pre-Paid Legal Services, Inc., a 33 year-old company listed on the New York Stock Exchange (PPD). To learn more about the Identity Theft Shield, visit our website http://www.sterlingchoices.net/products.
Privacy: Your privacy is very important to us. Information collected from readers of Financial Profundities will be treated as confidential and will not be shared with or sold to third parties. Feedback: Feel free to offer suggestions, or contact us if you want to obtain more information about the content or to learn how Sterling can teach you how to be smarter with your money.
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