How much is enough? It seems to be an impossible question, when in reality it’s much easier than we make it out to be. We all, no matter how much we make, want more and more! But, in 99% of the cases that’s just not reality. Therefore, people set themselves up for worry, stress, frustration, and fear as well as disappointment. What if reality was the true guiding light—could it be more pleasant? The phrase “when reality sets in” happens; it does not have to be disappointing. Use reality to be prepared. Ease and contentment are much happier places to be instead of greed and want all the time. Matthew 11:28-30, Philippians 4:11-12.
As we go through life, we need to recognize several important facts in determining our net worth.
1) Every financial decision ultimately impacts our net worth, such as what we spend on our kids growing up, education, and of course what we spend on our grandkids. Oops, sorry! I got preachy there, didn’t I? Hey, my wife Candi and I have 10 grandkids. I know what I am talking about.
2) Our net worth is the one number that can be quantified and therefore it can be measured on a period to period basis. So you can and should keep track of it.
3) My net worth is the sum total of every financial decision I have ever made. You all know that I have traveled the world over several times and that certainly cost money. With that said, I understand the impact this plays on my finances and I keep my goals in balance. So yes, I could have more money for sure, but with certain goals I choose to use my funds for a bigger purpose, sharing and helping in all parts of the globe.
4) The question ”How much is enough?”can always be answered. Over the years it may change, but at least you’ll have a target and goal to reach.
5) Net worth is always and only a measure of God’s provision, and never a measure of success or failure or significant importance.
Retirement is achievable and can be enjoyable while living inside your means; your true net worth. We certainly can’t forget adding in the value of family, friends, experiences, and our health. We have a lot to be thankful for.
Caring for You and Yours,
If you need help to determine “How much is enough?” and needing answers to retirement, then give me a call. That’s what I do!