Is Your Money Working for You?

A fisherman and a businessman cross paths, and he asks how the fisherman spends his time. The fisherman describes days filled with a little bit of fishing, sleep and time spent with his family and friends. 

“You could catch more fish. You could buy a bigger boat. Start a business, and eventually, move to the city,” the businessman says.

“What then?” the fisherman asks. The businessman describes years of hard work and the potential to make millions. “Why would I do that?” the fisherman asks.

“So you can eventually settle by the coast to do a bit of fishing, sleep and spend time with family and friends.”

Oftentimes, the journey matters more than the destination. Working long hours and investing instead of spending can help you achieve your long-term goals, but what about the present moment?

Ask yourself these questions to understand what your money is doing for you:

What do I value most in my life?

Do you want to spend time with your loved ones? Do you want to travel? Does money enable you to do these things, or do you put off doing these things as you accumulate wealth?

If I only had six months to live, what would I regret most?

Changing your perspective can help you rediscover what you value most. Life is short, and we only have so much time to spend on the things that we really care about.

Working with a trusted financial professional can help give you the peace of mind that your money is working for you and helping you to live the life that you want. Reach out to discuss your financial goals and philosophy.