Why wealth? Freedom, Goals, find your reason

This post is about defining or finding your Why? Why is it you want to create wealth, increase it, desire it etc. After all at the start of this blog and true to its name for me its a little bit of all in the title of this post. It may be the same for some, others will only be one of them for some it could be two or three or other reasons I have not mentioned.

Regardless of reason or reasons Why? For those of you as parents you maybe already rolling your eyes HAHA as I know for our house our 6 year old is great at the 5 Why’s. For those of you not yet in parenthood you might remember your childhood and are chuckling going yeah I used to do that to my parents.

The interesting part of this on both sides as a kid or parent for me is this. When you can identify the why and understand it, own it, practice it then eventually it is realized. In investing terms realized is actual gains. In other aspects of life it means come to be or to be true. Whichever in your own situation its important as it means progress or “moving the needle”.

No matter how small this progress or movement of needle is its important as it builds momentum. More than ever we are a society where we need feedback. Where it gets tricky is what kind of feedback positive or negative and that depends on each of us individually and what we do with it. For all of us positive is good it make us feel good, validates what we are doing or working on. Where it gets tricky is the negative feedback. What are you as an individual going to do with it? The psychology of making the best out of negative feedback will be atopic of another post.

To stay on track find or define your why? Why is it that you want create and grow your wealth? For me its a few things and they are mostly centered around growing wealth. And this increased wealth being largely in part to passive income. With this passive income when it reaches certain levels it will allow some flexibility as far as what is needed in earned income or the 9-5 grind however you need to symbolize it. With that flexibility comes the ability to do what you want to do or give you some peace of mind. For me the things listed below are the ones that mean the most or are a core value for me:

1. Spending more time with family and friends for me this is huge we all get once chance at this journey called life and you just never know how long you have to spend it with loved ones.
2. Having more time to create more content for my blog and developing websites.
3. Learning more and spending more time with my bison as they truly are a remarkable animal.
4. Travelling and seeing more of this amazing world we are all fortunate to be apart of.

The above list is but a small collection of what I would do given more time, but highlights the things that would be most of my focus. If you find yourself having a hard time finding things. Try this think but to when you were a kid when you thought time was endless and you had all of it in the world. What were you doing then what was your interests or hobbies. Then think about your young adult years and write these down as well.

Without a doubt this post could keep going on but will end it here at this time. But seriously challenge you all to find your WHY and would love to hear about it.

Stay healthy, stay safe GWF 🙂