Tim Cusack's Blog
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The Risk of Investing Emotionally

investingwithbaby

What are the close relationships in your life worth? If I offered you a hundred thousand dollars not to spend time with someone you love, would you take it? What about ten million dollars? If you answered, “yes,” good luck with your money. If “no,” well, you’ve demonstrated how important relationships are, didn’t you? To me relationships are worth so much more than any amount of money.

If I gave you ten million dollars, you would probably give a little away, spend a little and invest the rest (At least that’s what I would do!). It’s the same with how we ‘spend’ our emotion with loved ones. I love introducing close friends to other people (giving away). I ask for help from those close to me (spending). I send spontaneous emails/voice-mails/texts and give gifts…that is I try to tell those I care about what they mean to me (investing).

In this new year I suggest taking some risks with the people closest to you and growing the value of those relationships. Just like investing money, some risks work out and some don’t.

My daughter Isabel, age 17, is a high school senior looking forward to college. For the past two years, she’s spent more and more time in her bedroom, online, texting, doing homework or reading. That’s all good and normal, but it means that I see less of her. The reality is that I want to see more of her, knowing she’s moving out in a matter of months. It was hard to take the risk and speak these feelings out loud. What if my words pushed her away? I took the risk anyway, voiced my concern of the heart, and told her I miss seeing her around the house. I pointed out that she could do most of her activities in the common space with the rest of us. Since then, she has, bringing more joy to me than any amount of money ever could.

There is always risk with investing financially or emotionally. Sometimes the risk doesn’t pay off. This past year it seems I lost a friend of thirty years because I was being honest with a disappointment in our communication. The risk is always there when it come to high value items and relationships. But as the old saying goes: “It’s better to try and fail than to fail to even try.”