Why Do We Celebrate Labor Day?

Five takeaways:

  1. Paying tribute to the contributions and achievements of American workers, Labor Day became a holiday in 1894 amid the groundswell of the labor movement of the late nineteenth century.
  2. During the height of the industrial revolution in the late 1800s, working conditions were abysmal and regulations protecting workers were thin. A series of demonstrations and riots advocating for workers’ rights created unrest that led to the government recognizing American workers with a federal holiday.
  3. The first Labor Day parade occurred Sept. 5, 1882, in New York City. The workers’ unions chose the first Monday in September because it was halfway between Independence Day and Thanksgiving.
  4. President Grover Cleveland signed the bill into law in 1894, despite not being a staunch labor union supporter. Historians agree that he was trying to repair some political damage he suffered in the wake of the federal response to a strike in Chicago earlier that year that had resulted in the deaths of 30 workers.
  5. Membership in labor unions in the United States reached an all-time high in the 1950s, when about 33 percent of the workforce belonged to unions. In 2020, union membership was down to 10.8 percent of the working population, according to the Bureau of Labor Statistics.

From How Stuff Works
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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.

The Importance of Managing Stress

Five takeaways:

  1. Stress management is imperative for physical and mental health, but it is important to remember that it is not one-size-fits-all. You must experiment with what works for you.
  2. A first step is to do a thorough accounting of the stressors in your life. Starting a stress journal can help one assess their various sources of stress.
  3. Practice the four A’s of stress management: Avoid (sources of stress), Alter (stressful situations), Adapt (change expectations and attitude), Accept (the things you cannot change).
  4. Get moving and live healthily: physical exercise is a proven de-stressor. Remember, it doesn’t have to be marathon training or weightlifting. It can be as simple as taking a walk. Nutrition also goes a long way.
  5. Learn to relieve stress in the moment: this will take personal experimentation, but use of sensory techniques has been proven to help deal with stress in the moment. Take a deep breath, and focus on what you see, hear, taste, and touch– you will find a sensory experience that calms you down.

From HelpGuide
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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.

Coping with Financial Stress

Six takeaways:

  1. A recent World Economic Forum survey showed that 1 out of 4 people were experiencing financial struggles, and another survey showed that more and more people are adding debt to deal with their struggles.
  2. The first tip for dealing with financial stress that the article offers: Speak to someone. Talking to someone about your problems is a proven means of stress relief. Keeping them to yourself only makes them seem more impossible to overcome.
  3. Tip Two: Take Inventory of Your Finances. You must give yourself a clear picture of where you stand. Knowledge is power, and anxiety is often related to unknown and ambiguous understanding of a situation. Full understanding of your finances will allow you to identify patterns and problem areas. A great starting position would be to create a balance sheet listing all your assets and liabilities.
  4. Next, Make a Plan and Stick to It. Once you have a clear idea of your financial outlook, you can eliminate excess spending and make other life changes that help ameliorate your problems.
  5. Create a Monthly Budget. Not only will this help you keep your spending in the right range, but it will also alleviate stress by giving you a much-needed sense of control.
  6. Lastly, Manage Your Overall Stress. Steps like regular exercise, healthy sleeping and eating habits, and meditation are proven to help with overall stress levels and will help fortify you against financial anxieties.

From HelpGuide
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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.

Why We Should Embrace Boredom

Five takeaways:

  1. Many studies show that the constant tide of information and “pings” from our phones and devices tend to detract from the brain’s capacity for focused and creative thought.
  2. In a country where 87% of teenagers have smartphones, young people are particularly susceptible to habit-forming and dependency-forming relationships with their phones.
  3. A study by the Academy of Management Discoveries showed that when one group was kept bored/unstimulated and another given an intensive task to perform, when asked to perform a subsequent task of making up a hypothetical excuse for lateness, the group that had been left bored/unstimulated showed far more creativity in their answers.
  4. The Child Mind Institute notes that boredom can help children learn flexibility, problem-solving, and planning.
  5. Like many habits, embracing boredom can be tough at first. But resisting the urge to grab your phone the second you feel bored can reopen your perception to so much more in-depth, trenchant insight about the world./li>

From Erica Pandey for Axios
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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.