Wood Financial Services LLC

Category Archives: Family

Need a financial discussion stimulator?

On December 4, 2022, Posted by , In Family, With Comments Off on Need a financial discussion stimulator?

Certified Financial Planner Louis Barajas has presented in some of the education I’ve attended, and I’ve respected his community boosting attitude, so when I heard he was in a new PBS video series “Opportunity Knock$”, I decided to check it out:https://www.pbs.org/video/episode-1-Vhe6XZ/ I had my kids sit down with me to…

Driving and Aging and Parents, Oh My!

On November 1, 2022, Posted by , In Car ownership,Family, With Comments Off on Driving and Aging and Parents, Oh My!

I had someone ask for resources on this topic this week. People don’t want to give up their keys.  You knowing what danger signs to look out for, having them agree in writing before it becomes an issue, and providing/connecting them with alternatives that allow them to maintain independence, all…

Learning about accounting and entrepreneurism via National Lemonade Day

On June 11, 2022, Posted by , In Family, With Comments Off on Learning about accounting and entrepreneurism via National Lemonade Day

Have you ever been an entrepreneur? A freelancer? An Uber or Lyft driver? The owner of a rental property? Did you know those are actually all the same thing – you were in charge of your own business. Why be a business owner? As employees today are harder hit by…

Aging and driving – when to give up the keys?

On June 6, 2022, Posted by , In Car ownership,Family, With Comments Off on Aging and driving – when to give up the keys?

Nobody wants to give up their independence. And in American society, nothing represents independence quite the way being able to operate a car does. So when people age, the last thing they want to do is give up the car keys. When I was driving with the kids this weekend,…

Olmsted County implications of the nursing home staffing shortages

On June 1, 2022, Posted by , In Family, With Comments Off on Olmsted County implications of the nursing home staffing shortages

Remember that article I just published a week ago, about being prepared for care facility staffing shortages? That article was general to the country, and the closest local implication cited was for northwest Wisconsin, today we have an article specific to here in Rochester, Minnesota. According to KAALTV, Samaritan Bethany…

You and Long Term Care facility worker shortages

On May 29, 2022, Posted by , In Family,Retirement, With Comments Off on You and Long Term Care facility worker shortages

Individuals regularly under-estimate the likelihood and duration of their lifetime long term care needs. As of 2019, 47% of men age 65 and older, and 58% of women in the same age bracket, will need long term care during their lifetime. That’s essentially 50% and 60%! Those stays aren’t short…

Book Review – Can’t Even – Burnout

On May 27, 2022, Posted by , In Family,Know thyself, With Comments Off on Book Review – Can’t Even – Burnout

Current state Burnout is a constant topic by institutional leadership, in tone-deaf ways that still talk about it as an employee problem as if it’s our fault. I associate with a lot of Class A people – those who are internally motivated, going to always do the best that they…

Book Review – Not What I Expected – Parenting

On January 9, 2022, Posted by , In COVID-19,Family, With Comments Off on Book Review – Not What I Expected – Parenting

Introduction I just finished reading the book Not What I Expected: Help and Hope for Parents of Atypical Children, by Rita Eichenstein PhD (also available at RPL), a “licensed psychologist who “specializes in pediatric neuropsychological assessments and parent training skills”. Her book is designed for parents of children who do…

Should children receive an allowance?

On January 3, 2022, Posted by , In Family, With Comments Off on Should children receive an allowance?

One of the other ladies in a financial networking group asked for the group experience with raising children (hers is almost 13) and giving an allowance.  We were asked what we were doing, and how it was working out. Here was my response: How are we handling their allowance? My…

Hey sandwich generation, will you be toast? Book review – Already Toast

On November 27, 2021, Posted by , In Estate planning,Family, With Comments Off on Hey sandwich generation, will you be toast? Book review – Already Toast

Time for another book review, pulling out the key points from the book Already Toast, by Kate Washington PhD, which I was able to obtain from the Rochester Public Library through their Interlibrary Loan service. She was a mom, wife, daughter-in-law, and freelance writer with a good career, when her…