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Financial Literacy Month blog

We hope you enjoy reading some of our thoughts as we join you on the path to financial wellness and we encourage you to yours. If you would like to follow our path on a more micro-level, we will be using twitter to chronicle our days.

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I nominate… someone else!

Posted by Kim McGrigg on 4/4/2008

Last night, I shoveled heaps of shredded financial papers into the recycle bin; it was like an old fashioned ticket tape parade! Now, I am ready to get organized.

Step 4 says that the first thing to do is to elect a Family CFO. Thankfully, I have already done that and, believe it or not, it isn’t me.

I’m not sure if it is a personality issue or a result of the fact that I work on credit and debt issues all day long, but I simply can’t handle the responsibility of being our personal CFO. Don’t get me wrong—I can and have done the work, but the stress it causes on me and the entire family just isn’t worth it.

Since I want to be sure to pull my weight, I have instead self-appointed myself as the family CEO (sorry, honey!) This way, I can be sure that I am kept comfortably in the financial loop at all times without feeling the nagging need to compulsively check our account balances every five minutes.

An online system is our family’s key to keeping financial communication open. How do you make it work?
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