Money matters. As financial planners, we’d be lying if we said anything else. But we also know there’s so much more to life than the balance of your investment accounts. Creating a solid financial future is essential, but it shouldn’t come at the expense of the many other ways we all find happiness. Redefining Wealth Day on March 15 was created by Patrice Washington, a finance expert with a bestselling book and popular podcast. Washington argues there are ways to be financially savvy without depriving yourself and that we should spend our lives chasing purpose, not money. She also points out that the intangible wealth brought to us by family, friends, and passions deeply matters. Taking a holistic view of wealth allows us to step back and consider what we care about most. Assessing our priorities helps us determine where and when we’re best off spending our money. Wealth provides a certain freedom level but doesn’t necessarily offer fulfillment. We generally find meaning in life elsewhere. Further, wealth means something different to everyone. A survey by Ally found that 54% of Americans consider $1 million to be the point at which a person becomes wealthy. Meanwhile, billionaire Elon Musk would scoff at that suggestion, and someone living in poverty would consider themselves newly rich with far less. There’s no one-size-fits-all answer to when you have all you need, and the solution will depend on your background, passions, and goals. Redefining Wealth THE ROLE MONEY SHOULD PLAY IN OUR LIVES
TAKE A BREAK
IRISH PANCAKES Inspired by TheKitchyKitchen.com
So, why chase someone else’s dream? Each person must determine what security means for them and weigh it against a need to make the most of life. The same levels of financial wealth are not attainable for everyone, so we should all examine what we need and don’t need. Where we’re directing our efforts may not be bringing us happiness. After assessing their relationship with money, many people become less materialistic, spending their wealth on experiences instead of objects. Many people have also become more generous and seen improved relationships. While financial wellness can make or break our futures, money is ultimately a tool to live the lives we want, not the end goal.
INGREDIENTS
• 2 cups all-purpose flour • 1/2 tsp baking soda • 1/2 tsp kosher salt • 1 tbsp white sugar • 1 large egg, beaten • 1 cup buttermilk • 2 tbsp unsalted butter, divided
DIRECTIONS
1. In a bowl, sift the dry ingredients together. Set aside. 2. In a skillet, brown 1 tbsp of butter. 3. In a separate bowl, mix the beaten egg, buttermilk, and browned butter. 4. In a constant stream, add the wet mixture to the dry ingredients while stirring. Do not overbeat! 5. Heat a skillet over medium-low heat. Add 1 tbsp of butter, stir until the skillet is coated, and then add a few large dollops of batter (about 3 inches wide) to the pan. Do not overcrowd. 6. Cook 4–5 minutes a side, until golden brown and cooked through. Serve with butter, jam, and syrup.
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