on June 21, 2016
In my last blog post, I discussed the meaning of Self-Wealth and its three components: purpose, security, and hope. Today, I want to hone in on purpose and discuss what it means, in relation to Self-Wealth.
In my recent book, I give an example of a fictional couple, Alex and Jess, who are having trouble finding their purpose in life. Alex is solely focused on money and hops from job to job in search of a better salary and benefits. Jess, on the other hand, is disappointed that she is no longer using her degree in graphic design. Aside from recent financial difficulties, Alex and Jess are feeling empty and unfulfilled, without really knowing why.
This example demonstrates how money doesn’t necessarily equate to happiness. Of course, money isn’t a bad thing, it simply isn’t the only thing. As a Certified Financial Planner™, I take a holistic approach with my clients and focus on their purpose, in addition to their finances.
Your purpose is what drives and motivates you. It’s your passion. Unfortunately, many people tend to fall into careers that do not align with their purpose. According to a 2012 survey by Deloitte, only 11% of U.S. workers have a passion for their careers. To me, that is a travesty.
I have found that my happiest clients throughout the years are the ones who care about their work. Since we spend such a large chunk of our lives at work, why not do something meaningful? One of my clients, a construction worker, lost his job during the 2008 recession. During his time of unemployment, he did some soul-searching and realized he’d always wanted to be a teacher. Even though it meant going back to school, he decided to make the drastic career change and, guess what? He and his family are happier than ever.
The same lesson can be applied to my retired clients. Many of them are discontent in their retirement until they find some kind of meaningful work that they enjoy doing. Retirement doesn’t mean stagnation! There are plenty of opportunities for retirees to use the skills they’ve accumulated over the years or to pursue new endeavors that they’ve always wanted to try.
How about you? Do you find your work fulfilling and meaningful? Are you following your dreams or working toward your life goals? If not, think about how you might adjust your current path in order to pursue your purpose. Are you passionate about art and design? Caring for children? Working with your hands? Writing? It may not be easy to make a major life change, but, for many people, it is absolutely worth it.
Even though the struggling couple in Self-Wealth are fictional, Alex and Jess are based off of my experience with hundreds of clients. Their journey is a familiar one; I’ve worked with plenty of people who have trouble seeing beyond their immediate financial situation and do not consider their life’s purpose. Do Alex and Jess ever make meaningful transitions in their lives in the pursuit of purpose? Pick up a copy of Self-Wealth to find out!
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