What Does Money Mean To You? - Smart Money Seed

9/11/18

What Does Money Mean To You?

Money isn't the key to happiness. Money itself isn't even a factor in happiness.

I do believe that the absence of money can cause extreme stress which can cause happiness to be much harder to come by. But making, saving, and generally having money doesn't directly correlate with higher happiness levels.

Money's meaning in our lives can certainly vary person to person. The most important value money brings to my life is freedom.

Money = Freedom To Live On My Terms

I'm working hard nearly everyday (still need to step it up a notch) to save so I can increase my net worth and most importantly to build multiple streams of income so I can start living completely on my own terms.

I've had several vacations packed in from the end of July through last weekend. I'm not saying I want to live my life like one giant vacation (I don't think traditional retirement will ever be for me). The part of vacation I want to take into my everyday life is the ability to spend time exactly how I want and with exactly whom I want.

I don't need to be on the beach every day.
But having the opportunity to spend more
time with Amanda & the rest of my friends & family
is something I'm working relentlessly toward.

I've talked to other entrepreneurs who cite one of their biggest motivational factors is to be able to make a real impact on the world with the people they care about the most.

This is not meant at all to be a slight on my coworkers. I really enjoy my coworkers and am blessed to have the job I have. But we all spend time together on Marathon's terms, and most of us would never have even met if it weren't for Marathon bringing us together. Again, I'm happy to know them, but we're not exactly motivated to band together to make serious change in the world.

I spend a lot of time recruiting my friends into working toward their own entrepreneurial dreams. I haven't even had a small taste of success yet, but I know it's coming. And when it does come, I want to have already surrounded myself with the supporting cast and collaborators I want and need to keep the train rolling.

Taking a step back a bit, saving money and becoming debt free has allowed me the freedom to do pretty much whatever I want in my life today. An important caveat here is that I don't have lavish and lofty desires for my lifestyle. But if Ty or Christian call me tomorrow and want to plan a trip to the beach, Vegas, or to watch the Browns in the Super Bowl, I have the freedom to take advantage of that opportunity if I want.

Everybody Is Different. What's Your Motivating Factor?

Based on my observations, there's a tendency in the personal finance space to being frugal or saving a pile of cash that allows people to retire at 30 instead of 65. But that's not very motivating to me. And I'd bet plenty of you are in that same boat.

If you're not motivated to go buy a tiny house and hunt for your dinner every night to save a few bucks, what are you motivated by? Maybe you don't even have a great answer for that right now. That's 100% normal and okay.

Help Us Help You!

Take a moment to think about your answer and let us know in the Facebook comments. Surrounding yourself with like minded people to motivate you and hold you accountable is one of the most effective ways to reach your goals. Ty, Christian, the Smart Money Squad, and I want to help you.

We'd be honored if you let us!

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