2022 – Page 4 – MAP Strategic Wealth Advisors

What If You Took Your Wellbeing As Seriously As Your Finances?

Five takeaways:

Early in this piece, the writer describes a “wheel of wellbeing” that equally weighs physical, social, spiritual, environmental, financial, occupational, emotional, intellectual happiness.

The pandemic showed us, both individually and collectively, that our wellbeing is not to be taken for granted – and something worth striving to cultivate.

One must invest in their own wellbeing. While this could be as simple as getting a massage, it may not be a financial investment– one can go on long walks or catch up with an old friend to build wellbeing.

Protect your assets: We must protect the wellbeing that we already have. Our health, our physicality, our mental acuity, our careers– we must invest time and effort into maintaining and building them.

Respect your limits: We have to remember that wellbeing is a function of balance. Some of the important aspects of our wellbeing can be leaned into a bit too hard, at the detriment of others. We might see an activity like cycling to be an aspect of our wellbeing, but to spend all of our time on the bike would be to undercut important aspects of our lives.

From Lidija Globokar at Forbes:
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Note: At the time of this posting Forbes offers 4 free article views per month.

This site may contain links to articles or other information that may be contained on a third-party website. Advisory Services Network, LLC and MAP Strategic Wealth Advisors are not responsible for and do not control, adopt, or endorse any content contained on any third party website. The information and material contained in linked articles is of a general nature and is intended for educational purposes only. Links to articles do not constitute a recommendation or a solicitation or offer of the purchase or sale of securities.

Seriously, What Are You Supposed to Do With Old Clothes?

Six takeaways:

The public appetite for new clothing has expanded over the past two decades, as clothes have become cheaper, more abundant, and easier than ever to buy. This is largely thanks to the spread of fast fashion and online shopping. So what is the best way to dispose of the old clothes lingering in your closet?

Mull notes quickly that there is no perfect, universally accepted solution to this problem, but there are a lot of options: re-sale, charitable donation, consignment stores, donation boxes, and more.

Earlier on in American history, the problem of clothing waste was virtually nonexistent. For much of American history, most clothing was made at home and the accumulation of excess material goods was considered tacky.

The rise of thrift stores has led to a creation of a secondary clothing market, which made donation/selling of clothing a more accepted and virtuous thing. However, thrift stores are now so popular that they cannot sell all of the clothes they receive, and approximately 80% of thrift store donations wind up in landfill.

While donation to charitable organizations also runs the risk of ending up in landfill, it does have the direct benefit of helping the needy.

Overall, it makes sense to consider disposal options when considering new clothing purchase. We must remember that “the garment industry has a vested interest in ensuring that the rest of us think of clothing as disposable,” and making sure fashion trends change.

From Amanda Mull at The Atlantic:
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Note: At the time of this posting The Atlantic offers five free article views per month.

This site may contain links to articles or other information that may be contained on a third-party website. Advisory Services Network, LLC and MAP Strategic Wealth Advisors are not responsible for and do not control, adopt, or endorse any content contained on any third party website. The information and material contained in linked articles is of a general nature and is intended for educational purposes only. Links to articles do not constitute a recommendation or a solicitation or offer of the purchase or sale of securities.

How Multitasking Erodes Productivity And Dings Your IQ

Five takeaways:

This article examines the darker side of multitasking, something many of us might consider essential to the daily performance of our jobs and lives. Does it have harmful effects?

Although multitasking purports to increase efficiency, it may only increase “busyness” – and sap effectiveness. Paying partial attention to multiple things might provide the sensation of accomplishment when, in fact, it is unproductive.

Our attention should be viewed as a precious currency, and studies show that every time you switch tasks, you lose a little bit of your power to focus that day.

Our brains are simply not wired to handle long term multitasking. Our brains first evolved, its stimulus-response incentive as a survival tool. But today, when multitasking triggers multiple stimulus-responses every hour, there is an imbalance.

In the age of distraction, it is incumbent upon business leaders and managers to minimize the “scattershot” approach to task completion, and give your teams the chance to apply their innate human strength of focus.

From Curt Steinhorse at Forbes:
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Note: At the time of this posting Forbes offers 4 free article views per month.

This site may contain links to articles or other information that may be contained on a third-party website. Advisory Services Network, LLC and MAP Strategic Wealth Advisors are not responsible for and do not control, adopt, or endorse any content contained on any third party website. The information and material contained in linked articles is of a general nature and is intended for educational purposes only. Links to articles do not constitute a recommendation or a solicitation or offer of the purchase or sale of securities.

5 Tips to Create a Present Moment Mindset

Five takeaways:

This article reminds us that we are increasingly liable to take the present for granted, and often fail to appreciate the small elements of life that make it vibrant and powerful. It gives five tips on how to stay more present.

First, focus entirely on a specific action. Do not multitask; stop to concentrate on the task at hand. The essence of why you are doing it and why it is valuable will reveal themselves to you.

Second, switch off your phone. Not all the time, of course. But disconnecting from your phone or tablet will eliminate a constant source of distraction.

Next, go for a walk. Spending time outside has proven physiological and mental benefits, including the opportunity to clear your head of intrusive or unnecessary thoughts. It allows you to take in the detail of the world around you.

One should also exercise intentional gratitude. It cleanses the mind to take stock of what we are grateful for in our lives; to reacquaint ourselves with the things we enjoy and are thankful for. It brings a sense of positivity and contentment.

Lastly, consider your senses. Remember that the senses of smell, taste, hearing, touch, and sight allow us to experience life’s joys. Intentionally experience your own senses as you move through life – close your eyes to taste your food fully or to hear the song of birds around you– and you will feel a greater connection to the present moment.

From Doug Cartwright at The Daily Shifts
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This site may contain links to articles or other information that may be contained on a third-party website. Advisory Services Network, LLC and MAP Strategic Wealth Advisors are not responsible for and do not control, adopt, or endorse any content contained on any third party website. The information and material contained in linked articles is of a general nature and is intended for educational purposes only. Links to articles do not constitute a recommendation or a solicitation or offer of the purchase or sale of securities.

Yearly Archives: 2022

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