Monday, June 21, 2021

Standing Still

"The trouble is, you think you have time."  Jack Kornfield

We all make choices,  with time, some good & some bad.  Today we hear about work/life balance.  I understand the concept & it is important to me as well  I look around in our now "Post Covid World" & think about many of the professionals that I speak with.  It seems work/life balance is the thing that most talk to me about when making career decisions & few are interested in learning about competitors.  I often wonder why professional curiosity is not more prevalent with regard to how other employers conduct their business, how a different firm my value their skills, and if another company may provide them with more flexibility, compensation, support, etc.  

The impact of a 10% increase in wages is staggering.  Consider an employee earning $135K obtaining a 10% raise.  That would be $13.5K or $1125 monthly.  That is substantial, even if you feel like you are living well today.   Additionally, if that money were invested monthly at 2.5% return you would have accumulated $153K in tax free earnings in a qualified savings plan for their education.  

Would that make an impact on the life of your children?  Don't let the time get away.  






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