I recently heard the 1999 hit “Wear Sunscreen” by Baz Luhrmann on Radio 2, I had forgotten how cheesy and yet how poignant it was. When looking for the transcript I discovered that he hadn’t written the words, they were in fact by Mary Schmich, a columnist on the Chicago Tribune, a fact I had not known at the time. It was a speech she had written which had subsequently gone viral by e-mail (remember those days!)
I was struck as I heard it again by the resonance with some of the conversations we have with our clients at FMB. We’ve been helping clients over 30 years and over that time we’ve shared their experiences through the good and the bad, the mundane and the unexpected.
“The real troubles in your life are apt to be things that never crossed your worried mind, the kind that blindside you at 4 p.m. on some idle Tuesday.”
Loss and sadness are an inevitable part of life, but what we do know is when that idle Tuesday comes, you really don’t want to worry about money. We’ve helped our clients through those times and that is when people understand the true worth of a personal service, not a website.
“Do one thing every day that scares you”
We really encourage clients to think about making their money work for them, we try to find out what motivates them and how their money can help them achieve their dreams and goals. Money is only a means to an end, so use it to do something that scares you!
“Don't expect anyone else to support you. Maybe you have a trust fund. Maybe you'll have a wealthy spouse. But you never know when either one might run out.”
Marital disharmony, another fact of life. It’s not really surprising that money arguments are one of the top causes of divorce. It’s important to have trust and a financial planner can help bring issues out in the open in a calm neutral way. As for relying on a wealthy spouse or trust fund, that comes with it’s own set of problems too!
“Keep your old love letters. Throw away your old bank statements”
Very sound advice, we’ll worry about the money stuff for you!
But most of all, don’t forget to wear sunscreen!
Read the orginal speach here
Listen to Sunscreen again for old time's sake!