The Meaning of May Day

Today is May Day, originally a pagan festival (known as Beltane to the Celts and the Festival of Flora to ancient Romans) meant to encourage crop production and fertility. Over time, it’s become a secular holiday signaling seasonal gardeners to begin planting. It’s also International Worker’s Day, a recognition of worker’s rights around the world, stemming from past protests that coincided with this date. There’s a lot of symbolism associated with May Day, colored ribbon reminders that can help us improve our health, wealth and life satisfaction.

Reminder #1: Embrace transitions
We take a holistic approach to getting to know you May Day takes place midway between the March equinox and June solstice, a time when the Celts rejoiced in new beginnings by lighting bonfires and dancing around the Maypole and a reminder for us to move forward and embrace life’s transitions. Whether you’re embarking on a new career, adjusting to life as an empty nester, or segueing into retirement, start by taking a fresh look at your wealth plan and re-evaluating your life goals.

Reminder #2: Celebrate community
May Day celebrations were communal gatherings of villagers and farmers who rallied together in pursuit of common goals (such as encouraging their livestock to produce new offspring). At Luma Wealth, our clients benefit from leveraging the strength of community. We encourage you to join us for one of the many opportunities we offer to learn together, exchange ideas and celebrate successes.

Reminder #3: Give charitably
In the late 19th and early 20th centuries, May Day was a time to surprise friends and loved ones with May baskets filled with flowers or other treats. It’s a tradition of giving, which studies have shown makes people feel good and can have positive health benefits. Charitable giving can help you feel good, too, especially when you feel like you’re making a positive difference to a cause that you believe in.

Reminder #4: Stand up for your working rights
May Day is also International Worker’s Day, commemorating the Haymarket affair that began on May 1st, 1886 in Chicago and the May Day Riots that took place in Cleveland in 1919, both protests for worker’s rights. It’s a reminder that it’s okay to negotiate the best deal for yourself when you make your next career move. When the time comes, the compensation experts at Luma Wealth can help you evaluate your options and suggest negotiation tactics.

Reminder #5: Get help when you need it
The distress cry “May Day, May Day, May Day” (said three times for urgency) has absolutely nothing to do with May Day, but is a reminder that it’s perfectly fine to ask for help when you need it. Want guidance on creating a wealth plan to achieve your personal and professional goals? Luma Wealth can help.

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