Regionals Recap – Part 2 – Investing on Purpose

After breakfast at Regionals we had a break-out session while the students had their membership meeting.  I chose the “Savvy Women Invest on Purpose” session led by Haly Besaw.  She is currently a Financial Advisor for Baird in Milwaukee, but at heart and by degree she is an engineer.  She had some entertaining stories about advising engineers on their finances and how her colleagues didn’t always enjoy advising engineers because we are so numbers and details focused.  I’d never thought about it before, but it would be nice to talk money with someone who thought like me, or at least really understood why I am like I am.

The main thing I took away from that session was to get specific about what my goals are.  Right now I just save money because that is what my parents taught me to do, and I want to be able to live comfortably when I retire.  I need more of a plan and purpose that that.  She told us about a woman who died with something like a million dollars in the bank (or some really large number) but never helped her grandchildren pay for school.  I don’t want to be that lady.  I want my money to do the most good that it can for my family and others so it’s time to get intentional about it.

See?  This is why I write this blog.  I was all convicted about doing this four weeks ago at the conference, but I’d already let it fall too low on my todo list.  Now it will get back up there where it belongs.  So tell me, what purpose are you saving and investing for?