ETF Trends
ETF Trends

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By Rick Kahler

Being present. Living in the moment. These important aspects of personal and spiritual growth may sound simple and attractive, but they are far more difficult to practice than they seem.

Like many of us, I spend a lot of time worrying about events in the past I cannot change and trying to control events in the future that may not happen.

One thing that took me several years to sort out is that living in the moment doesn’t mean ignoring the consequences of past events or avoiding planning for the future. Being present includes attaching appropriate weight to the way our current lives are shaped by the past. It also involves having clarity about what we can and can’t control today that will positively impact our future.

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The best time to prepare for events that carry a high probability of happening is before they happen. This may seem obvious. Why, then, do so many of us have such resistance to planning? It’s common to wait until events are almost upon us before we start preparing for them.

One major life event especially can find people focused so strongly on the present that they ignore the past and neglect to plan for the future. This is marriage.  Most engaged couples start wedding planning many months before the big day. Countless details—securing a location, booking caterers, ordering flowers, and finding dresses and tuxedos—must be done well in advance to avoid disappointments.

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Yet, quite often, couples ignore or avoid discussing essential financial concerns that will have long-term impacts on their lives together. These include budgeting, financial goals, debt and spending patterns, prenuptial agreements, and estate planning.

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