Tools for balancing life s priorities 5buckets principle september 17 2014
This presentation is the property of its rightful owner.
Sponsored Links
1 / 18

Tools for Balancing Life’s Priorities 5Buckets Principle™ September 17, 2014 PowerPoint PPT Presentation


  • 55 Views
  • Uploaded on
  • Presentation posted in: General

LIVESMART…MOVESMART…WORKSMART. Tools for Balancing Life’s Priorities 5Buckets Principle™ September 17, 2014. Agenda. Learn the Five Bucket Principle Obtain the tools to prioritize Think about the BIG PICTURE without ignoring the little things that matter. Five Buckets. 1. Work & Career

Download Presentation

Tools for Balancing Life’s Priorities 5Buckets Principle™ September 17, 2014

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Tools for balancing life s priorities 5buckets principle september 17 2014

LIVESMART…MOVESMART…WORKSMART

Tools for Balancing Life’s Priorities5Buckets Principle™September 17, 2014


Agenda

Agenda

  • Learn the Five Bucket Principle

  • Obtain the tools to prioritize

  • Think about the BIG PICTURE without ignoring the little things that matter


Five buckets

Five Buckets

1. Work & Career

2. Personal Growth and Development

3. Family & Friends

4. Community - Connections

5. Financial


Tools for balancing life s priorities 5buckets principle september 17 2014

“Take your life in your own hands and what happens? A terrible thing: no one to blame.”

– Erica Jong


Financial managing money

Financial – Managing Money

  • Goal setting

  • Nickel and dime spending

  • Retirement planning

  • Start now

  • Meat vs. Gravy

  • Be prepared for the unexpected

  • Debt management

  • Family values

  • Inheriting spending habits


Tools for balancing life s priorities 5buckets principle september 17 2014

401(k)—Plan Overview

  • Pre-tax contributions

  • All employees can contribute up to 30% of eligible pay, up to the IRS limit:

    • $17,500 if under age 50

    • $23,000 if age 50 or older, or turning age 50 in 2014

  • All employees set up with automatic 5% pretax contribution and enrollment in the Financial Engines Professional Management Program

  • Motorola Mobility matches 100% of employees’ contributions, up to the first 4%

  • Employees are immediately vested in their contributions; vested after one year in Motorola Mobility’s contributions

  • After-tax contributions

  • Can contribute up to 20% of eligible pay

  • Immediately vested

  • Combined pre-tax and after-tax contribution for 2014 is $51,000

  • https://sites.google.com/a/motorola.com/portal/hr/pay-finances/retiring-investing/401-k

  • Aon Hewitt Personal Finance Center

  • Provides access to a network of fully vetted financial planners in your area

  • Call 1-866-437-3375, email [email protected], or online on Your Benefits Resources under the Savings and Retirement tab on the home page.


Tools for balancing life s priorities 5buckets principle september 17 2014

401(k)—Financial Engines

  • Professional Management Program

  • Investment funds managed by professionals

  • Annual fee to participate

    • Account balance of $5,000 to $100,000: 0.35% fee

    • Next $150,000: 0.25% fee

    • Additional assets: 0.10% fee

  • You can cancel your participation at any time

  • Personal Online Advisor

  • Online advice on how to invest your account

  • No fee to participate

  • Mot-mobilitylivesmart.com


Additional resources available for you

Additional Resources Available For You

Voluntary Benefits

  • Legal Assistance Plan through MetLaw/Hyatt Legal ($21.40 per month premium)

    • Assistance with Will preparation

    • Estate Planning

    • Debt management

  • Free Will preparation also available through Prudential at estateguidance.comwith Code: MMBWILL

  • LifeCare Resource and Referral (www.lifecare.com)

  • Anthem EAP services (anthemeap.com)


Will power

Will Power

  • Active only in 1/6th of your brain

  • 5/6th of your brain power operates at subconscious level

  • Manual control rather than autopilot

  • Enable yourself to stay motivated


Tools for balancing life s priorities 5buckets principle september 17 2014

“One worthwhile task carried to a successful conclusion is worth half-a-hundred half-finished tasks.”

- Michael S. Forbes


Let s recap the five buckets

Let’s Recap The Five Buckets

1. Work & Career

2. Personal Growth and Development

3. Family & Friends

4. Community - Connections

5. Financial


Work career

Work & Career

  • Reframe attitude

  • List what you like about work

  • Make a “D.I.G.” file

  • Grow and learn

  • Manage time wasters

    Work harder than you ever thought you could!


Personal growth development

Personal Growth & Development

Always be learning

  • Brain exercises

  • Write eulogy/retirement speech

  • Re-evaluate your choices

  • Role model your priorities


Family friends

Family & Friends

  • Family

    • Quality vs. Quantity time

    • Listening

    • Set boundaries

    • It is ok to say no

  • Friends

    • Happy for you during good times, but will coach you through bad times

    • Be selective


Community spirituality

Community & Spirituality

  • Outreach

  • Volunteering

  • Making Connections

  • Giving, caring and mattering

  • Involve family members

    The world we live in really is small – even more important to care


Avoid procrastination

Avoid Procrastination

  • 50% average in making good decisions

  • We’re good decision makers, NOT good problem solvers

  • Analyze facts quickly, make decision, live with the results!


What 3 action steps will you commit to working on

What 3 Action Steps will you commit to working on?

1. _______________________________________

2. _______________________________________

3. _______________________________________


Assistance for you and your family

Assistance for you and your family!

  • Daily Life resources

  • Face-to-face sessions

  • Legal/Financial consultations

  • Child/Eldercare consultation & referrals

  • ID theft prevention & recovery service

  • Tobacco cessation: coaching & online

  • Comprehensive website

Call 888-479-5855

Or

go to our website at

www.anthemeap.com

Login: mot-mobility


  • Login