It's My Life

Carolanne M. Chavanne, CFP

The holidays are behind us, and I hope everyone reading this had a wonderful time with friends and family over the past couple of weeks. For many of us, the arrival of the new year is accompanied by a reflection of the past and a desire to look forward, with a renewed interest in setting goals for the coming year. In the song, It's My Life, Jon Bon Jovi's thoughts on goal-setting remind us that "Tomorrow's getting harder, make no mistake. Luck ain't even lucky, got to make your own breaks… It's my life, and it's now or never." A focus on goals seems like an appropriate topic for the first newsletter of the new year, so let's begin by taking a look at some of the firm's goals for 2022. 


Our goals are all about you, our valued client, and include the following:

  • New! Prosperity Planning Sessions – it's our intent to meet with each household at least three times per year to discuss issues relevant to you
  •  New! Risk Tolerance Assessment – there's no better time than the present to assess your comfort level with risk within your entire investment portfolio
  • New! Supercharge your Finances with our Financial Webinar series - educational video clips available throughout the year with our goal of getting you prepared for the road ahead

Our newsletter and the Coffee with Carolanne events will continue to be offered quarterly this year. Be on the lookout for more information about these and other upcoming programs in the near future. We're excited for what this new year will bring and how the additional new resources will better serve you and your financial goals.


The past two years have certainly given every one of us a deepened appreciation for the importance of staying healthy. The philosophy of personal wellness - the full realization of our physical, mental, and financial potential – seems an appropriate goal in this new year. Wellness can be seen as the pursuit of activities, choices, and lifestyle that leads us toward reaching our fullest potential. It has been said that there are eight components of wellness, all of which impact the mind, body, and soul. Here are those components, along with some tips on how to improve each:

  1.  Emotional Wellness - Being attentive to your own thoughts, feelings, and behaviors, whether positive or negative and coping with and accepting them accordingly.
    • Tip - Seek support if needed and/or try to provide support to others. Cultivate a more optimistic attitude and learn to accept and forgive yourself.
  2.  Environmental Wellness - Recognizing how decisions and actions impact the environment we live in and putting our best foot forward to maintain its integrity.
    • Tip - Bike, walk, carpool, or use public transportation as often as you can, and use water wisely and conservatively. 
  3. Financial Wellness - Having the ability to live within your means, including forming a healthy relationship with money and identifying effective ways to manage it.
    Tip - Create a self-budget, considering home bills, groceries, and fun money, and, most importantly, start identifying "wants" versus "needs" in order to make purchases accordingly
  4.  Intellectual Wellness - Participating in lifelong learning and challenging the mind on an ongoing basis with mentally stimulating and creative activities, making responsible decisions, and exploring new ideas and different points of view.
    • Tip - Try something new, including learning a language or playing an instrument, or enroll in a course or workshop
  5.  Occupational Wellness - Obtaining personal fulfillment from the work you do and performing the work with honesty, enthusiasm, and engagement.
    • Tip - Find a work-life balance, including making time for hobbies and/or taking a vacation 
  6.  Physical Wellness – Recognizing the need for and incorporating nourishing, healthy foods, physical activity, and sleep on a regular basis, along with attending regular doctor visits and minimizing risky behaviors such as drug and alcohol abuse.
    • Tip - Try to regularly prepare healthy meals at home. Purchase a gym membership (and actually use it!), or at least swap out TV time for a walk or bike ride.
  7.  Social Wellness - Interacting appropriately with the world around you and the people in it.
    • Tip - Assign days of the week to certain activities, such as Mondays allocated to movie nights and Wednesdays scheduled for runs with your best friend. Stay in touch with long-distance friends.
  8.  Spiritual Wellness - Finding and developing meaning in life, including finding a sense of purpose and belonging.
    • Tip - Give daily gratitude and practice meditation and mindfulness. Give back to others by volunteering or making a donation.

We hope these thoughts on personal wellness provide you with some inspiration to make 2022 all that you'd like it to be.



•    January 1 – New Social Security, Medicare, and Retirement Plan changes go into effect
•    January 17 – Martin Luther King Day 


•    February 21 – President's Day
•    February 24 - Coffee with Carolanne: Featured Topic - Investment Trends in 2022


•    March 24 - New Supercharge Your Finances! Webinar Series: Featured Topic - Tax Planning Strategies for 2022


January is National Financial Wellness Month
Your 2022 Tax Filing Season To-Do List
Give the Gift of Financial Knowledge: Best Books for Young Investors
What Issues Should I Consider at the Start of the Year?

Finally, I want to again express my profound gratitude to every one of you. I feel so very fortunate to be able to work with such a diverse group of good people and to help each one of you realize your personal goals. I look forward to meeting with each of you over the next three to four months. In the meantime, I hope you stay healthy and well. 

Happy New Year! 


By Carolanne M. Chavanne, CFP

Get more personal finance tips

Weekly insights delivered directly to your inbox.