Wisdom, Wealth, Wellness and Fatherhood!

Jonathan Satovsky
CFP®, ChFC®, CIMA®, CPWA®

This week on the video blog, Jonathan reflects on fatherhood and what it means to live a life of Wisdom, Wealth and Wellness. Happy Fathers Day from our family to yours! 

Good morning. This is Jonathan Satovsky and today’s episode of seeking wisdom, wealth and wellness (WWW), is in honor of Father’s day 2020.

So, today I’m going to refelct on fatherhood from a perspective of wisdom. Scratching my head thinking: “What is wisdom”?

Well, as I have 3 children of my own, thinking about being a container of space. Not lecturing but just being present. And giving them room to ask questions for our collective daily learning and interpretation of their perspective of what’s happening in the world and in their lives, to enable them to have a voice.

Wealth, well, certainly being grateful for what you have and taking micro actions from a financial planning standpoint that can move the needle and make progress.

So, I have a formula of ideally saving 10% for yourself and your own future. Pay yourself first and 10% to charities.

Well, that’s idealistic. 99% of the population can’t do that so that’s aspirational.

But even if you can’t do that, how about start with 1%. 1% of whatever you make save, put away for your future self and donate to charity.

And if you take these micro actions and just celebrate with gratitude where you are and taking those micro actions and automate it instead of having a conversation: Is it a good time? Is it not a good time?

Sometimes it’d be a good time. Sometimes it won’t be a good time. But if you automate those behaviors, you will accumulate a tremendous amount of wealth over a lifetime.

And wellness, well for me wellness is finding a way to be mindful of your mind and body connection.

And humbly when you get into nature and you see how nature operates, it’s humbling to be grateful to hear, to see, to smell, to taste, to touch, to be able to connect your intuition.

If you’re feeling lethargic or tired, sleep. And find a way to get into your rhythm of your mind, body connection for your wellness today, as a father and to help share that wisdom to future generations so that we can all live seeking wisdom, wealth and wellness.

Have a good day. Happy Father’s day.

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Disclosures

This blog post is not intended to be, nor should it be construed or used as, an offer to sell, or a solicitation or offer to buy any securities or interests in any strategy offered by Satovsky Asset Management, LLC (“SAM”). SAM is a registered investment advisor with the Securities and Exchange Commission – for more information see www.adviserinfo.sec.gov. Please remember that different types of investments involve varying degrees of risk, and that past performance is not indicative of future results. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the strategies recommended or undertaken by SAM) will be profitable. Market index information shown herein is included to show relative market performance for the periods indicated and not as standards of comparison. The market volatility, liquidity and other characteristics of SAM’s portfolio composition are materially different from the securities listed on public market indices. Market indata. Opinions are as of date of video and are subject to change. A copy of SAM’s current written disclosure statement discussing our advisory services and fees continues to remain available for your review upon request. SAM undertakes no duty to update information presented herein.

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