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Mississippi Money: Finding Financial Balance

This Thanksgiving I will be hosting my siblings at my new house. We keep up with each other very well, but it will be exciting to have everyone in the same place this year. Gathering with family over the holidays reminds us of both the fun we can have and of the security that we want. We want our children to have access to the best opportunities to enjoy their lives. We also want the peace of mind that we will be able to meet their and our own needs for years to come. For many of us, money is at the core of both happiness and security.

My family has already started sharing recipes and plans for the holidays. While it will be a trek for my siblings to come back home, it will be well worth it for all we have planned. We earn money to spend it. We want to enjoy life and give our families varied experiences. This costs moneyin the here and now. High quality experiences that your children can learn from and your family can cherish are often worth the expense.

We also want the money we earn to provide security for us in the future. We want to know that we will have a roof over our head for years to come. The things we say we are thankful for concern our security. To ensure that our comfort will continue in the future, we must plan and save.

Balancing these two needs is important. If we enjoy life too much now, we may not be saving enough for the future. If we save too much for the future, we may be missing out on amazing opportunities now. Planning ahead helps keep our lifestyle affordable. If we all took a spur of the moment vacation, one or all of us might not be able to afford it.

We often think of budgets as ways to restrict our spending, but in many ways, they also give us freedom to spend. If you are saving for retirement, squirreling away emergency savings, and are taking care of other financial priorities, you should feel free to spend the rest. Don’t wait for the hangover of holiday excess to try to start better financial habits. Find your balance now!

I’m looking forward to seeing the whole family together at Thanksgiving. The good times we will share will also remind me of the security that I am thankful for. This holiday season, remember to strike a balance between the things you want now and the things you will need in the future.

By Ryder Taff

About The Author

Ryder Taff

Ryder Taff currently lives in Jackson not too far from the home he grew up in! After graduating from the University of Bristol (England) he came home and started working at New Perspectives, Inc, an investment advisory that he is now a shareholder in. With his passion for education, he focuses on getting everyone from young professionals to families to retirees into excellent financial habits. You can reach him at

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