π«π πππ ππππ πππ πππππ ππππππ?
To accumulate more money is presumably the main reason we spend most of our days working.
But do we keep track of how much we have?
Do we know how much is enough?
I had this dialogue with an unhappy-about-his-work friend (name kept anonymous to protect his & his employerβs identity):
ππ: βπβππ‘ ππ π¦ππ’ ππ π€ππ‘β π¦ππ’π πππππ¦?β
π»ππ: βπΌ ππ’π π‘ ππ’π‘ ππ‘ ππ π‘βπ ππππ.β
ππ: βπβππ π€βπ¦ πππ π¦ππ’ πππππ π π ππππ¦ π‘βππππ π¦ππ’ πππ ππππ π‘π ππππ ππππ ππ ππ‘?β
π»ππ: β¦. πππππππ‘π β¦
Rarely in our life is money a place of genuine freedom, joy, or clarity, yet we routinely allow it to dictate the terms of our lives & often to be the single most important factor in the decisions we make about work, love family & friendship.
Money is not a product of nature. Money doesnβt grow on trees. Pennies donβt rain from heaven. Money is an invention; a distinctly human invention. It is a total fabrication of our genius.
If the question is: How much money do you need to be happy?
The answer is always going to be: More.
But why?
Money can make you comfortable.
It can buy convenience & luxury.
But money cannot make you content.
Or can it?
I reckon contentment will always come from the parts of our lives that go beyond finances.
Who says that net worth is to be measured in dollars?
We can choose to see wealth in the value we add to the people around us.
Our personal preferences & internal wiring will likely have a bigger impact on our relationship with money & happiness than some number.
Who is with me?
Anyway, I asked that same question ‘What is your Net Worth right now?’ last week on LinkedIn.
Here are the results:
Which option would you have selected?
“Measure your success against others and you’ll be unhappy when they winβand less likely to receive help from them due to your jealousy.
Measure your success against yourself and you can be happy when others winβand more likely to receive help from them thanks to your support.β β James Clear
I am one of those who tracked our net worth on excel sheet.
Only these two metrics are important to us:
a. Passive income
b. Net worth
I track them every month, every year to see how they are performing.
Well done. Only what gets measured gets done.
Otherwise we would never know when we have reached our ‘enough’. Those goalposts most of us like to move whenever we get close to them or we compare ourselves to someone who has even more … and there are always such people no matter how much we have.