Paying myself back — or forward?

Monday, March 31, 2014 at 9:40 pm (Writing by Ear)
Tags: , , , , , ,

I started off the year kind of gangbusters with blogging, but soon fell off the wagon, as you know. But I didn’t want that last depressing post to be up here on top anymore. I keep praying for my family and friends and am counting on God and the medical system to take it from there.

I haven’t been blogging, but I have been thinking. The usual “What do I want to be when I grow up?” thoughts, only now “when I grow up” pretty much means “when I retire” — which who knows if I’ll ever really be able to. I just saw a commercial for an investment company (don’t have a clue which one), that asks people to write on a wall what they would do if they could do anything. The thing I noticed during the 30 seconds I was engaged was that so many people wrote down creative things. They’d make pies or be a florist or be a writer (! — I’m guessing not the kind of writer I am). So many people are just itching to do something that has nothing to do with traditional office/trade/factory work. The commercial basically said “Yes, you can get paid to do that — you pay yourself to do it with your retirement money.”

That’s a great way to think about it. All those years of working and paying bills (and yes, saving, because that’s a must) are so you can be in charge of your own destiny. Pay yourself to have the freedom to do what you really want. Because otherwise, you might still decide to be a florist, but are you going to work for someone else? Start your own shop? That’s still a business, and a competitive one I imagine. It’s hard work, even though your products are beautiful (and highly perishable). Same with pie baking — or any kind of food/catering business — not easy either. And a writer? Please. We all know how hard that is — and even harder to make any money at it.

So the bottom line, you need to be financially free to pursue your dreams, but that seems so unlikely. I read some sobering statistics yesterday about women and retirement in this article…I don’t think anyone envisions him/herself destitute or in a nursing home, but the sobering reality is that many of us will end up there. There’s also a slew of articles that say, don’t even think about retiring…that even after you reach retirement age, you should still plan to work at least part time.

It’s hard to think about that — that at almost no point in your life (unless you can’t physically or mentally do it anymore), you’ll have to be “on call,” responsible for doing something someone else thinks is worthy of paying you for.

It’s also hard to balance the idea of delayed gratification and saving more for tomorrow with wanting some rewards for hard work today — especially because tomorrow isn’t guaranteed for anyone and none of us is getting any younger. (If not now, when?)

I stress about money and saving all the time. I’m convinced we aren’t doing enough. It drives Mike crazy.

I also say just about every day that I want a vacation (the beach comes up a lot). That also drives Mike crazy.

How do you do it? How do you approach the live-today-(while-you-can)-or-save-for-tomorrow conundrum?

Sometimes it’s important to work for that pot of gold.
But other times it’s essential to take time off
and to make sure that your most important decision in the day
simply consists of choosing which color to slide down on the rainbow.
~ Douglas Pagels

3 Comments

Six sentences that (might have) saved the world

Friday, January 31, 2014 at 5:53 pm (Hack for Hire)
Tags: , , , , ,

It’s been one of those weeks — lots of fretting about my job and feeling overwhelmed. Which is rather silly because my job in no way represents life or death (except for me, and only in the livelihood sense of life and no way at all in the sense of death, except if I die I won’t have to do it anymore). But fretful I’ve been, including reaching out to a couple understanding friends to talk me down from the proverbial ledge. Ironically (and weirdly) soon after, I got a couple of unexpected, positive, reinforcing, all’s-right-with-the-world bits of feedback that made me feel that perhaps I really can do this job I’ve been doing for almost 15 years.

Then I went on to have a pretty good day. In true Libra style, the scales were returning to a balanced neutral.

But no, not quite yet. A project I worked on a couple months ago finally hit the presses today (and by presses I mean my client’s website), and I got to see the finished product. It was mostly what I remembered, except for the end.

“But it just…ends,” I thought. I had no idea how I had ended it, so I went back and looked. Of course, possibly the best six sentences ever written about tax risk had been lopped off the end.

Gone. Soul-crushingly gone.

Is that too dramatic? My soul is not easily crushed these days. I have grown more and more numb to editors’ liberties over the years. I understand that I get paid whether I’m happy with the finished product or not, and usually I’m OK with that. But sometimes…sometimes I feel sad for what could have been. What should have been.

I should have been asked — “Hey we’re running a little long, can you trim 6 or 7 lines from this (two-page) write-up.”

“Of course,” I’d have said (rolling my eyes), and then I’d have agonized just the right amount over what to cut. I’d have thoughtfully trimmed a little here and a little there. I’m pretty sure I wouldn’t have sent it back without the last six sentences — passive-aggressive much?

And so…just to restore a little balance to my Libra soul, and just in case they really did have the potential to save the world, here are those six sentences:

…: As the adage advises, the way to eat an elephant is one bite at a time.

First, is the organization asking the right question of its customers? While U.S. FATCA compliance may have begun with asking, “Is this customer U.S. or non-U.S.?” that is not the most effective way to deal with the now global myriad of regulations. Better practice would be to ask, “What is the tax residency of this customer?” Second, does the organization have an onboarding process in place and functioning to collect the required documentation from individuals and entities?

These are the basics, and once these questions have been satisfactorily answered, organizations can move on to tackle requirements that take effect at later dates, such as reporting and certain types of withholding.

World without end, amen.

It’s unhealthy for people to never express any kind of
negativity or doubt. To have balance, you need to address
that side of your thoughts as well as the positive.
Otherwise, you tend toward crazy.
~ Shirley Manson

3 Comments