I’d like to begin with a show of hands: all those who enjoy reading their insurance policies, please raise your hands now. Hmmm, I don’t see very many and I must admit that if this was a Zoom call, you wouldn’t see mine either. However, insurance is part of our lives so it’s important that those who buy it either understand it or have trusted advice at hand. WWA doesn’t sell insurance but it’s a topic of consequence to our clients so I do, in fact, read lots of policies.
You probably remember the old story. A child asks his mom why they always trim the end of a ham before putting it in the oven to bake. She replies that she’s not sure and suggests they call grandma from whom she got the recipe. Grandma’s answer: “The only baking pan I had was too small to fit a whole ham without trimming.”
How many of us keep doing the same things over and over just because those old habits seem familiar? As we begin a new year, it might be a good time to review some financial habits.
Actor Tom Cruise has famously played a fighter pilot, a sports agent and a secret agent but his first starring role was as a budding entrepreneur in the 1983 film which supplies the title of today’s article. Based on a young man’s attempt to create a small business, the story chronicles his misadventures while his parents are out of town.
I’d like to begin with a shout-out to French pilot and author Antoine de Saint-Exupery who has entertained readers from youth through adulthood with his books The Little Prince and Night Flight. He was also a poet and creator of memorable phrases including the one I’ve borrowed for today’s title.