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COLUMN: Thoughts turn to service as Thanksgiving approaches

Gregory Mattacola
Sentinel columnist
Posted 11/8/22

With Halloween behind us and Thanksgiving on deck, let’s take a slightly different approach to this column.

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COLUMN: Thoughts turn to service as Thanksgiving approaches

Posted

With Halloween behind us and Thanksgiving on deck, let’s take a slightly different approach to this column.

Previously, I’ve done my best to focus on a specific area of financial planning or investments, hoping to both educate and entertain.

Occasionally, I may have even hit the mark there.

The underlying themes have been how best to save, plan and invest for your financial future. And for what feels like an eternity now, that discussion has touched upon, either wholly or in part, the volatility in the stock market that we’ve experienced this year and the anxiety it has caused so many.

So in the spirit of the impending holiday season, let’s shift the spotlight away from amassing our personal assets and turn it to service.

One of the core values at our company is to serve. Serve our clients, serve our teammates, serve our community, serve our families.

And whether you want to call it Karma, the law of abundance, the Golden Rule, or a dozen other things – when things are most chaotic or financially stressful, it is exactly then that serving others proves to be most valuable.

Taking your thoughts and energies away from your own myopia and putting them toward helping someone else is the absolute best medicine for what ails you. I can never guarantee investment returns but giving to others will come back tenfold – guaranteed.

Certainly, donations to a worthy cause near and dear to your heart can be part of this but the most valuable resource we all have is our time.

And that can be given in a variety of ways: Taking extra time to help coach a younger colleague, volunteering for an organization that needs the help, spending extra time with a friend or family member who may be going through a tough stretch – the options are endless.

Any one of these time deposits will return dividends – both
for the recipient and for the giver.

The New Jersey poet Bruce Springsteen famously said “In the end, nobody wins unless everybody wins.” This isn’t a zero-sum game. Not every ounce of our focus and attention needs to be on our own advancement. It can be said that if you do spend your life that way, you don’t ever really advance.

Putting the focus on service, bringing value and assistance to others who could use it – this is true advancement. Preachy? Perhaps. But checking the market and your portfolio balance multiple times a day does nothing to change it or your life – not if you’ve already done the work to ensure that it is invested properly in accordance with your goals and risk tolerance.

Yet, giving of yourself to someone else – that changes their life and yours as well. Some food for thought as we head into the season of giving thanks and presents.

Go Bills.

Original content provided by Gregory Mattacola, Esq., CFP, Senior Advisor at Strategic Financial Services. Content is provided for educational purposes only and should not be used as the basis upon which to make an investment or financial decisions. Investments involve risk and, unless otherwise stated, performance is not guaranteed. Past performance is not indicative of future performance.

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