Life Area: Personal
Money is a Tool, Not a Goal
If your goal in life is always to have more money, you will never be satisfied. There will always be an urge to constantly chase money, which will only cause unnecessary stress and dissatisfaction. Conversely, if you view money as a tool to achieve what really matters in your life, you will start to focus on the things that bring you the utmost satisfaction.
In our consumer culture, we’ve been conditioned to believe that buying more stuff will lead to greater levels of happiness. In my experience, this is a horrible misconception. No matter how many possessions you own, there will never be enough. The richest people in the world “have it all” but many are still starving for happiness.
Here are 5 things that I believe you should be spending your money on:
Material possessions may give you a temporary pleasure high, but they won’t lead to lasting happiness and fulfillment. Psychologists call this “hedonic adaptation.” In other words, the excitement of that new car or expensive purse that you buy will quickly fade. However, nobody can ever take away your life experiences.
It’s not until you’ve acquired everything that you realize that these things don’t enhance your life. The exotic cars that I’ve owned will never replace the travel experiences and memory-making with my kids. Money allows you to experience more.
“Set a goal to become a millionaire, for the person it will make you to achieve it.”
– Jim Rohn
Your mind and body are connected. What you put into your body affects your level of happiness. If you are eating junk food, how do you think you will feel? If you want to be successful in life, you need to make sure that your body is operating at the highest possible level.
Money allows you to invest more into your health. By having money I’ve been able to biohack my health. I invested in things like regular physicals and blood testing and better nutrition to optimize my health, energy and well-being.
Time is a depreciating asset. You only have so much time, which is why you need to be mindful of how you are spending it and with whom. More money will buy you more time. It is possible that there are things that you are currently doing in your life that are making you unhappy that money can solve for you. This could be in the form of cooking, cleaning or bookkeeping. I encourage you to leverage other people so that you can focus more on what matters in your life and help them earn money for theirs.