Put your financial future in writing

Mood of the Market

I’ll cop to it: I’ve always had a little patience "issue." I think quickly, move quickly, read quickly and would drive quickly, too, if I didn’t spend most of my drive time on congested Bay Area bridges and boutique rows. In my family’s spiritual belief system, impatience is clearly not a virtue, so as a very young child in church and school, I was equipped with mechanisms to cope with and counter this tendency of mine.

One was a song: "The Patience Song." "Have patience, have patience, don’t be in such a hurry," the song begins. "If you don’t have patience, you’ll always start to worry," and so on. I still sing the song, and have long practiced yoga, breathing exercises and experienced a number of other mindset shifts, with the result that it is now the exception, rather than the rule, for me to be irritated when something happens more slowly than I would like.

This brings us to the next in a series of shifts I’ve been proposing for the last month in the way we, as Americans, think about our money, spending and investing. Specifically, the next needed shift, in my humble opinion, is a shift away from instant gratification and toward a unique vision of our lives and our futures, and all that comes with it, including: