Thursday, September 25, 2008

Crisis: Danger or Opportunity?

About Black Monday in 1987...
"I was reminded of the written Chinese character that, depending on the context, defines 'crisis' as 'danger' or 'opportunity.' We realized that, although the stock market would do what it would do, when we let go of the conversation of fear and anxiety, and created a different conversation focused on the bounty of our lives - then out fear subsided. When we approached the circumstances without the noise of fear and high anxiety, the 'crisis' lost its drip on us; the experience of 'danger' did, indeed, transform into opportunity." - Lynne Twist, The Soul of Money

I've been thinking about what to write to support people in dealing with what's being touted as a huge economic crisis. I have a deep need both to contribute positively to the lives of people - both in my practice and community - as well as a desire to change the framing of the conversation.

In re-reading "The Soul of Money" by Lynne Twist, I realized that I have the perfect opportunity right here in this critical moment. The banking system has manufactured a crisis. It is effecting people and it is frustrating and scary and sometimes totally overwhelming. There is danger here. Acknowledging that is crucial to being able to do something else.

And what a blessing. I see two big opportunities here:the first is to count our own, non-material assets and blessings and the second is to get to look at the banking and credit systems cracked open. There's more information available right now about banks and credit than there's ever been. The opportunity to really review what the banking system does and how it functions is a gift. We rarely even consider who we bank with unless something is going on - substantial fees or opening an account or applying for a mortgage. Most people seem to stay with their bank for a long time, sometimes lifetime relationships. So getting a a real chance to see how they work and what decisions they make and how those effect us gives us insight into our own choices.

And there's a real opportunity to take a step back and look at who we, as human beings are. Who do you love? What do you teach? How are you enough just as you are? Who loves you? Who's lives do you touch every day? And most importantly for me, how do we come together in times of crisis to turn that danger into opportunity?

One of the things that I love about my work is that I get an opportunity to reach deeply into people's lives and really help them explore something that they often haven't talked openly about with anyone else - money. I am really blessed with clients and friends who have a deep willingness to look at the choices they make and then do what they really want to do in their lives. Getting to watch that process and be included in that is an amazing gift. I'm very grateful to have this work in my life.

I do have 3 spaces in my practice right now. If you know someone that you'd like me to work with or who might be open to this level of support - in business or personally - please let me know.



P.S. I am aware that the "crisis=danger + opportunity" is sometimes framed as a myth. That idea is based on the character ji being translated as "incipient moment" or "crucial point." I think that opportunity comes at a crucial moment and the interpretation of opportunity as solely positive and without any hint that there might be danger does not reflect the connotations of current usage. Plus, dude, I'm quoting someone who has a good idea, it's all about interpretation.

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Wednesday, September 17, 2008

Sales Tax: Do you sell things?

If you sell things, generally you need to collect sales tax.  In California you'll need to talk to the Franchise Tax Board.  They have a customer service site, that's being fairly useful, though not great. The link to information on getting a permit is here.

The site tells you about the documents you need. You can send your application in the mail or you can go in to the office to do the filing.

My experience is that many government offices, especially around taxes are fairly nice, helpful people who are willing to show you what you need and explain the process. 

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Tuesday, September 9, 2008

Credit consolidation?

Credit consolidation and credit counseling are ideas I've been hearing tossed around quite a lot.

I found a resource recently that I found has been helpful to my clients: Choosing a Credit Counselor.

It's on the FTC's website and includes information about the structure of various agencies, a bit about how to tell if they are legitimate as well as questions to ask them once you're ready to make contact.

If you're considering credit counseling, check it out. And as always, let me know how it works out for you!

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