Page 10 - Abacoa Community News - February '20

Page 10, Abacoa

Financial Focus goverNmeNt

Can You Improve Your Northern Notes

Relationship With Money? Fish Kills And Incredible

By Sally Sima Stahl Flipping Lakes
In your life, you
will have all sorts of By Katie Roundtree,
relationships – with your Finance Director, Northern
family, your friends, your Palm Beach County
coworkers, and even Improvement District
with civic groups and Fish kills typically occur
charitable organizations in South Florida when water
you support. But have you temperatures drop as a result
ever considered another of cold weather. For exotic
key relationship – the one and nonnative fish initially, When the temperature drops or a sudden cooler rain
you have with money? the cold itself causes the fish happens, the oxygen rich water on the top becomes much
Of course, this type of relationship has several aspects, to die; second, the protective cooler and dense and sinks to the bottom. The cooler denser,
such as saving, spending and investing. And your fellow mucus that coats each fish oxygen depleted (anerobic) layer will then mix with the rest
Americans clearly face some challenges in these areas. is weakened by the cold of the lake, causing the oxygen level to drop. This is a process
For example, in a recent survey by financial services firm and can totally disappear. This leaves the fish vulnerable to called “flipping” or “turnover.” As a result, the upper layer
Edward Jones, only 21 percent of respondents reported bacteria and other adverse elements in its environment which now has the lower oxygen level versus the lower layer. The
that they feel happy when thinking about saving money, cause further harm. The longer the cold temperatures remain, fish living in this upper layer now have less oxygen and may
while 92 percent said they see room for improvement in the greater the potential for mortality and secondary effects. die as a result. In addition, the bottom sediments are stirred
their financial health. Yet only one in four plan to improve Another way fish are killed by cold occurs in stratified and anaerobic conditions are mixed throughout the entire
their spending habits. Furthermore, just 26 percent said lakes that have a warm layer of water on top of a colder pond. As this happens, it brings up mass quantities of sulfur
retirement was a top savings priority. layer. Lakes are typically stratified into a warmer, less dense, and methane gas which is released into the atmosphere. This
If you share some of these concerns, what should you oxygen rich layer on top and a cooler, denser, oxygen poor can also lead to fish kills.
do? Here are a few suggestions: layer on the bottom. The difference in density does not Lake flipping is critical to lakes in colder regions since the
• Identify your money-related emotions. Try to allow these layers to mix. The point where you have the oxygen rich layer flips to the bottom allowing for the fish to
recognize the emotions you feel in connection with saving greatest temperature difference is called the “thermocline” live in deeper water during the winter. When the lakes are a
and investing. Do you get nervous about spending? Does and it marks the transition from warm, oxygen rich water uniform temperature and density, it takes relatively little wind
putting away money for the future give you satisfaction to cooler, anaerobic water (lacking oxygen). In a stratified energy to mix water deep into the lake. Wind moves highly
or not? Do you worry that you don’t know how much pond, the water close to the pond bottom and the associated oxygenated surface water to the lake bottom, forcing low
you should be investing, or whether you’re investing in sediment layer is devoid of oxygen and can only support oxygen water from the lake bottom up to the surface where
the right way? Clearly, these types of questions can cause anaerobic bacteria. These bacteria are inefficient at breaking it becomes saturated with oxygen. This is critical for aquatic
some anxiety – and, even more importantly, they may down the organic material that settles on the pond bottom organisms, as once the lakes freeze over for the winter, no
lead you to make poor decisions. Emotions are obviously (leaves, grass, algae, aquatic vegetation, etc.). As a result, a new oxygen gets mixed into the lake from the atmosphere,
closely tied to money – but they really should not play a thick layer of decaying “muck” accumulates here over time. and what is in the lake must last until ice melts in the spring.
big role in your spending, saving and investing choices. High levels of methane and sulfur gases concentrate in this NPDES tip: Please do not put any excess oils, paints or
• Develop a financial strategy. By developing a layer. Due to this water quality, fish are not able to utilize solvents into lakes, canals, or storm drains! They go directly
sound financial strategy, you can reduce money-related that portion of the pond below the thermocline. into the groundwater supply.
stress and help yourself feel empowered as you look
to the future. A comprehensive strategy can help you “Service is our number one priority”
identify your goals – a down payment on a new home,
college for your children, a comfortable retirement, and 561-743-0070
so on – and identify a path toward reaching them. Your
financial strategy should incorporate a variety of factors, www.palmspoolservices.com
including your age, risk tolerance, income level, family
situation and more. Here’s the key point: By creating a
long-term strategy and sticking to it, you’ll be far less
likely to overreact to events such as market downturns and
less inclined to give in to impulses such as “spur of the
moment” costly purchases. And without such a strategy,
you will almost certainly have less chance of achieving
your important goals.
• Get an “accountability partner.” Your relationship
with money doesn’t have to be monogamous – you can get
help from an “accountability partner.” Too many people
keep their financial concerns and plans to themselves,
not even sharing them with their partners or other family
members. But by being open about your finances to your
loved ones, you can not only avoid misplaced expectations Expires 2/29/20.
but also enlist the help of someone who may be able to
help keep you on track toward your short- and long-term State Licensed & Insured
goals. But you may also benefit from the help of a financial Serving Palm Beach County CPC # 1457468 • LPG#30099
professional – someone with the perspective, experience
and skills necessary to help you make the right moves.
Like all successful relationships, the one you have with
money requires work. But you’ll find it’s worth the effort. Experience Dentistry with a Woman’s Touch
This article was written by Edward Jones for use by
your local Edward Jones financial advisor. Edward Jones,
its employees and financial advisors cannot provide tax or
legal advice. You should consult your attorney or qualified Cosmetic & Comprehensive Restorative Dentistry
tax advisor regarding your situation.
Call me for a free portfolio review at (561) 748-7600, State of the Art & Same Day Restorations
Sally Sima Stahl, AAMS, 1851 W. Indiantown Road, Ste.
106, Jupiter, FL 33458. Nitrous Oxide/Oxygen Sedation Available

Joanne Green, D.D.S.

10887 N. Military Trail, Suite 6
Palm Beach Gardens, FL 33410
(561) 622-2815 • www.joannegreendds.com

Medical College of Virginia School of Dentistry - Cum Laude
Hospital of the University of Penn - General Practice Residency Training
Harvard Dental School - Former Instructor
Boston Brigham and Women’s Dental Group - Staff Dentist