Welcome to the weekend.
Here are four articles, a quote, and a suggestion to help you build your knowledge base to become a better investor, in 7 minutes time. Plus, a travel deal.
"The best way to predict the future is to create it." - Peter Drucker
We’ve talked extensively about how to do money better, how to budget better, how to build your net worth faster, we covered a lot of ground together but probably the most important question when it comes to our financial lives is what is enough.
This is something I have thought a lot about over the years, both professionally and personally.
What is enough?
Having enough, whatever that means for you, dare I say, is the pinnacle of achievement in your financial life.
People spend their entire lifetime striving for more, only to find themselves taking undo risks, burning themselves out, or in the case of Bernie Madoff, the largest fraud ever followed by his own suicide.
Having enough means you are content, filled with gratitude about what you have accomplished, where you are at today, and where you are going.
The opposite of having enough, wanting more, leads to a life, as author Dr. Benjamin Hardy says in his book 10x is Easier than 2x, trying to measure yourself against the horizon.
Note: the horizon is always moving as you move, it’s impossible to measure
You’ll always be striving for more, doing things you probably shouldn’t be doing, for more.
So what is enough?
For a young person – it’s being grateful for where you have come and excited for what you are capable of building in the future.
For someone mid career – it’s being grateful for your journey thus far, seeing your peers who have more money than you and saying good for them, knowing you are on track to achieve the goals you have set out for yourself.
For a retiree – looking back at your career, and financial life, acknowledging your mistakes but being pleased with what you have accomplished.
So much of having enough is about your perspective while you look forward or backwards at your life.
A quick story.
Two gentleman, a businessman and successful author, were sitting, eating a meal in the Hamptons, overlooking a row of beautiful homes. The businessman points to a home across the way and tells the author, “the guy who owns that home makes more in a month than all of your books sales in your career.”
The author acknowledges that truth and responds, “but I have something that he will never have, enough.”
Friends, I hope this inspires your to find your enough.
See you next week
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