{"id":1305,"date":"2017-08-18T03:00:03","date_gmt":"2017-08-18T08:00:03","guid":{"rendered":"http:\/\/kerryaclark.com\/?p=1305"},"modified":"2017-08-17T16:23:58","modified_gmt":"2017-08-17T21:23:58","slug":"expect-the-unexpected","status":"publish","type":"post","link":"https:\/\/www.kerryaclark.com\/blog\/expect-the-unexpected\/","title":{"rendered":"Saving for “Expected” Unexpected Events"},"content":{"rendered":"

The Story Behind My $500<\/b>
\n<\/span>While we’re discussing banking, I must tell you the story behind my $500. \u00a0I have $500 that’s been with me since the first job I had right out of college. \u00a0I placed this money in an account back then to see if it would double over a lifetime like old folks would say from time to time. \u00a0When they said double, at least back then, I wasn’t thinking about the amount going from 500 to 1000. \u00a0I wanted it to do a whole lot better than that. \u00a0I was fresh out of college with a high-paying job, so putting $500 aside into an account of its own wasn’t a big deal. \u00a0The funds may not be enough to change the world or start a new business, but it taught me something worth a whole lot more.<\/span>
\n<\/span>
\n<\/span>What It’s Been Through and Why I Didn’t Need it<\/b>
\n<\/span>This money has been with me through 4 jobs, 4 homes, and a 2nd marriage. \u00a0I won’t turn it loose. \u00a0It’s there just in case I need it to start over. \u00a0\"\"You see I started with these funds and for some reason now I want to end with those funds. \u00a0Why didn’t I ever need these funds? \u00a0Couldn’t I have used it? \u00a0The answer is ‘yes’. \u00a0I needed it and I could have used it in many situations. \u00a0What I learned was this, when you don’t have enough, you find ways to get what you need or desire. \u00a0So, if I treated the $500 as if it didn’t exist, I had to come up with other ways to get what I needed and that’s what I did. \u00a0This is what you too will have to do. <\/span>
\n<\/span>
\n<\/span>Giving Your Money a Name Works<\/b>
\n<\/span>You see what I learned was that when you give something, like your money, a name or plan, it changes how you deal with it. \u00a0It becomes important, untouchable and even sentimental. \u00a0It wasn’t just $500 dollars any more. \u00a0It was my $500 dollars and I plan to monitor for the rest of my life. \u00a0It give me satisfaction. \u00a0They takeaway here is to begin naming your money. \u00a0\u00a0For example, may be you want to set aside funds for your child’s car for when they turn 16. \u00a0That money and where you keep it becomes not just money, but your child’s [insert name] car money. \u00a0And if you’re like me, you won’t let anyone have it. \u00a0It’s time you started using this practice to your advantage because it will work no matter what. \u00a0Give your money a plan.<\/span>
\n<\/span>
\n

The Family Plan Binder<\/a>\"\"<\/a> is available now!

<\/p>\nOur team has worked very hard putting it together. We designed it to help you and your family move the needle forward in making your life your business. \nFind out more about the Family plan here.<\/a><\/div><\/div><\/div><\/div><\/strong><\/span><\/p>\n

The Escape Funds<\/b>
\n<\/span>I tease my wife, Pamela, all the time about my $500. \u00a0I tell her she can have everything I have, but she can’t have my $500; I’m taking that with me. \u00a0The only person who will ever be able to touch the $500 is Tamia, our daughter. \u00a0In hindsight, I say what’s $500. \u00a0If you’re disciplined and learn to plan, $500 is nothing. \u00a0BTW – I failed to mention that my $500 is no longer $500; it’s grown significantly. \u00a0I mentioned earlier how long it’s been with me and what it’s gone through. \u00a0It might sound like this $500 is my escape fund and that wasn\u2019t\/isn\u2019t the intent however, \u00a0you always need funds saved for a rainy day. \u00a0You never know what life might dish out at you.<\/span>
\n<\/span>
\n<\/span>Today is Friday!<\/span>
\n<\/span>There are two takeaways from this post I think are important. \u00a0One: give your money a plan and see how possible it is to save for the things you desire. \u00a0Two: you need an emergency fund, money saved for those “expected” unexpected situations that life brings. \u00a0<\/span>
\n<\/span><\/p>\n

Question:<\/span> Can you think of reasons why you need untouchable funds? \u00a0Leave a comment below or\u00a0click here<\/a>\u00a0to email me (or\u00a0tweet me<\/a>).<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The Story Behind My $500 While we’re discussing banking, I must tell you the story behind my $500. \u00a0I have $500 that’s been with me since the first job I had right out of college. \u00a0I placed this money in an account back then to see if it would double over a lifetime like old […]<\/p>\n","protected":false},"author":2,"featured_media":1311,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[],"class_list":{"0":"post-1305","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-accounting","8":"entry"},"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.kerryaclark.com\/blog\/wp-content\/uploads\/2017\/08\/20170818-TIF-Blog-Saving-for-Expected-Unexpected-Events.png?fit=760%2C360&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4jb7V-l3","_links":{"self":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/comments?post=1305"}],"version-history":[{"count":6,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1305\/revisions"}],"predecessor-version":[{"id":1314,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1305\/revisions\/1314"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/media\/1311"}],"wp:attachment":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/media?parent=1305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/categories?post=1305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/tags?post=1305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}