Page 11 - Jupiter Spotlight - February '20

Jupiter Spotlight, Page 11
Financial Focus

Can You Improve Your Jones, only 21 percent of respondents reported that they feel help yourself feel empowered as you look to the future. A
comprehensive strategy can help you identify your goals – a
happy when thinking about saving money, while 92 percent said
Relationship With Money? they see room for improvement in their financial health. Yet only down payment on a new home, college for your children, a
one in four plan to improve their spending habits. Furthermore, comfortable retirement, and so on – and identify a path toward
By Sally Sima Stahl just 26 percent said retirement was a top savings priority. reaching them. Your financial strategy should incorporate a
In your life, you will have If you share some of these concerns, what should you do? variety of factors, including your age, risk tolerance, income
all sorts of relationships – with Here are a few suggestions: level, family situation and more. Here’s the key point: By
your family, your friends, your • Identify your money-related emotions. Try to recognize the creating a long-term strategy and sticking to it, you’ll be far less
coworkers, and even with emotions you feel in connection with saving and investing. Do likely to overreact to events such as market downturns and less
civic groups and charitable you get nervous about spending? Does putting away money inclined to give in to impulses such as “spur of the moment”
organizations you support. for the future give you satisfaction or not? Do you worry that costly purchases. And without such a strategy, you will almost
But have you ever considered you don’t know how much you should be investing, or whether certainly have less chance of achieving your important goals.
another key relationship – the you’re investing in the right way? Clearly, these types of • Get an “accountability partner.” Your relationship with
one you have with money? questions can cause some anxiety – and, even more importantly, money doesn’t have to be monogamous – you can get help
Of course, this type of they may lead you to make poor decisions. Emotions are from an “accountability partner.” Too many people keep their
relationship has several obviously closely tied to money – but they really should not financial concerns and plans to themselves, not even sharing
aspects, such as saving, spending and investing. And your fellow play a big role in your spending, saving and investing choices. them with their partners or other family members. But by
Americans clearly face some challenges in these areas. For • Develop a financial strategy. By developing a sound being open about your finances to your loved ones, you can
example, in a recent survey by financial services firm Edward financial strategy, you can reduce money-related stress and not only avoid misplaced expectations but also enlist the
help of someone who may be able to help keep you on track
toward your short- and long-term goals. But you may also
benefit from the help of a financial 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.
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
tax advisor regarding your situation.
Call me for a free portfolio review at (561) 748-7600,
Sally Sima Stahl, AAMS, 1851 W. Indiantown Road, Ste.
106, Jupiter, FL 33458.

Chief’s Corner

Dear Resident,
Distracted driving is
one of the fastest growing
traffic safety issues
nationwide. We have
recently partnered with
the Florida Department of
Transportation (FDOT) to
participate in the Distracted
Driving Enforcement
Campaign.
Now through September
2020, as part of this campaign, officers will be conducting
additional education and enforcement to remind drivers on
the dangers of distracted driving; especially texting while
driving.
As a reminder, effective Jan. 1, motorists can be issued a
citation for not using a device in a hands-free manner.
For everyone’s safety, please put the phone down and
focus on driving. Our goal is to continue to ensure the safety
of the motorists, pedestrians, and bicyclists who utilize our
roadways.
Please continue to visit us on our website at www.jupiter.
fl.us/jpd, and on Facebook @JupiterPolice to learn about new
and happening events within the Town of Jupiter.
Sincerely,
Daniel J. Kerr, Chief of Police

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