Actions to take
- What do you want your life to look like?
- What’s important to you?
- What makes you happy?
Details
These might sound like odd questions given the title, but they aren’t really. You need to answer them before you’re ready for the next question. What should you do with your money?
Your actions move you towards different results. Sometimes it’s easy to see where you’re going. Other times it’s hard. Either way, you’ll need to know where you want to go, before you know if you’re headed in the right direction.
So, what do you want your life to look like?
Terrible news! Bill Gates died. But on the plus side, he was your second uncle and he left everything to you. Say hello to yachts and red carpet.
What would you do every day? Every month? Every year? What would your newly acquired wealth allow? What would you buy? What things would you need to be happy?
Terrible news! They found another will. Instead of billions, you’re now left with mere millions. Say goodbye to yachts. But hey, you can still fly first class.
What things can you no longer do? What would you do instead? Would you have to give up any of the things you bought? Did you need to get rid of anything that you need to be happy?
Terrible news! Although you inherited millions, it’s stuck in a trust. It’s set up to give you several thousand dollars a month.
What things can you no longer do? What would you do instead? Would you have to give up any of the things you bought? Did you need to get rid of anything that you need to be happy?
Terrible news! You’ve been sued! And fired! They took almost all of the money. The remaining trust pays for housing, and food. Medical care is a stretch, but luckily you’re very healthy. Luxuries of any kind of out of the question. It’s Goodwill and store brands for you. I hope you like rice and beans because that’s what you can afford.
What things can you no longer do? What would you do instead? Would you have to give up any of the things you bought? Did you need to get rid of anything that you need to be happy?
So, What’s important to you?
When did the important things start disappearing?
How much did it hurt each time you got poorer?
What things stuck with you as you grew poorer?
So, What makes you happy?
What did you need to have or do to be happy? How many of them do you have or do right now?
How many of them could you do or have in some way?
Having read this I thought it was really informative. I appreciate you spending some time and effort to put this information together. I once again find myself personally spending way too much time both reading and commenting. But so what, it was still worth it!