Saving and Spending Policies: How to Set Rules in Advance to Help Make Better Decisions in the Moment

August 10, 2021

Perigon is hosting our next Women’s Conversation Circles session, and we would love to have you join us.

Date: Wednesday, September 8 at 4:00 – 5:30 p.m. Pacific Time
RSVP: conversationcircles@perigonwealth.com
Where: Zoom – we’ll send out a conference link after you RSVP.

Every day we receive mail, email or maybe even text messages from folks that want our money.  Maybe it is your favorite store tempting you to buy again, or a charity organization hoping you’ll donate.  It could be someone trying to get you to spend more than you were planning to, or make you feel obligated to buy something.

There are always more ways to spend our money — but knowing how much to spend, or even being able to say “no” to something, can be extremely difficult.

A great way to stay on budget and become financially successful is to create financial planning “policies” for yourself — determining a set of rules that help you create accountability, discipline and security.

Join us for our next Women’s Circle as we discuss Financial Planning Policies.  We’ll talk about creating policies as a tool for making decisions in the face of uncertainty.  Policies are not values, observations, goals, or action items.  They’re essentially guardrails: They help us plan in advance to make effective decisions in the moment.

Date: Wednesday, September 8 at 4:00 – 5:30 p.m. Pacific Time
RSVP: conversationcircles@perigonwealth.com
Where: Zoom – we’ll send out a conference link after you RSVP.

Please be prompt.  The Zoom room will close to new participants at 4:05; latecomers are a distraction.  We promise to be done at 5:30 pm PT.

Please feel free to share with other female friends, colleagues, or family members who would be interested in joining this group.

Circle space is limited to keep the circles intimate and to let everyone who wants to participate have the time to do so.

Want to join us? Send us an email and we’ll add you to the mailing list for this and future events. 

Written by Perigon Wealth

Latest Insights

Last Week in Review – September 16, 2022

Last week, stocks fell sharply as inflation fears intensified and short-term bond yields reached levels last seen in 2007. The S&P 500 Index recorded its most significant weekly drop since mid-June and hit its lowest point on an intraday basis since mid-July. Growth stocks fared worst, with the technology-heavy Nasdaq Composite falling nearly 5.5%. Communication services and information technology shares led the declines within the S&P 500 as Google parent Alphabet and Facebook parent Meta Platforms hit new 52-week lows. Industrials and materials shares were also fragile.

Inflation! Recession! Market Volatility! OH MY! How do we handle scary economic news?

The news – coming at us from every channel, broadcast, blog, or tweet – can sound scary and grim. Inflation, potential recession, rapidly rising interest rates, the wildly gyrating stock market … It’s enough to make us want to tune out the news completely or throw our investment statements in the shredder unopened.

Global Market Commentary August 2022

Global Equities sunk 3.68%% in August on fears of more aggressive interest rate hikes by central banks in their fight against soaring global inflation. The MSCI All-Country World Index is off 17.75% YTD, its worst eight-month start to a year since its inception. Global bonds were unable to provide reprieve, as the Bloomberg US Aggregate Bond and International Bond indexes fell 2.83% and 3.46% respectively this month and they too are off to their worst start in their index histories with YTD returns of negative 10.75% and 10.21% respectively.