Howdy, neighbors, and welcome to this week’s final installment of Apex Money. Here’s what we have for you today…
How to support your loved ones financially without derailing your plan. [Gen Y Planning] — “You’ve probably heard that mixing family and money is like oil and water with different opinions, expectations, values, and communication exploding like fireworks on the 4th of July. It doesn’t have to be like that. Here’s the thing: Financially supporting your loved ones can be a beautiful and rewarding way to make the most of your resources…if you do it with purpose and intention.”
How to keep money from tearing your friendships apart. [Vox] — “Money discrepancies among friends can dredge up some uncomfortable emotions, including guilt and shame around suggesting lower-cost alternatives, or frustration if you feel like you’re constantly needing to make cheaper but less exciting plans. These emotions tend to arise when you aren’t transparent with your financial expectations.”
A meaningful life is impossible without suffering. [Big Think] — “One explanation for why people willfully incur pain is to enhance pleasure through contrast. Just as darkness is only possible because light exists, we experience pleasure against the backdrop of pain. In order to maximize the pleasure of an experience, you often need a big dose of its opposite. That’s one reason why a dip in the hot tub feels especially good after a frigid winter day, or why a beer tastes extra refreshing after eating a spicy dish.”
Lastly, here’s a fun little non-financial video I enjoyed last week. It’s a Serbian couple dancing the tango…to “Lose Yourself” by Eminem. It’s fun.
With that, we’ve reached the end of another week. I hope yours was a good one. And I hope that your weekend will be even better. Take care!