Wealth vs Well-being
5 Ways to Create Both
Wealth and well-being are two entirely different concepts, but is it possible to have both or are they the same thing? Wealth is defined as an abundance of money or valuable possessions, while well-being is described as the state of being comfortable, healthy, or happy.
Wealth alone cannot give us long-term happiness, so how can we create both?
Long-term planning.
What is it that you want to achieve for you and your family? Having this vision and your reason why in the back of your mind is a great way to stay on track. It is important to plan your finances along side your overall well being. As Benjamin Franklin said “failing to plan is planning to fail’.
Expanding your interests and focus.
It’s important to make time (not find time) to accommodate activities that will contribute to both your wealth and well being. If you have the right focus and drive to acquire wealth, extend your focus to a sport, hobby or a service to your community to establish a wealth and well-being balance.
Love what you do.
Supportive environments filled with positive relationships are a foundation to one’s well-being by allocating a percentage of the week devoted to your well being to fuel your pursuit of wealth. Working in a role you love for a company that appreciates you, gives a personal satisfaction and inspires you to do more things that engage you socially and mentally.
Emphasise work and play.
While you love what you do, don’t let it be all of you. If you remember Stephen King’s ‘The Shining’ that taught us all that “all work and no play makes Jack a dull boy.” Find your personal and professional balance, so that you achieve success at work but at the same time stop and smell the roses enjoying what life has to offer.
Maximise your natural talents.
In today’s busy world, people have learned to be skilled multi-taskers to make the most out of their available time. Plan your time by seeking to combine both wealth and well-being goals so you can achieve progress in both aspects. For example, while on a long drive, listen to a self improvement podcast or discuss your family goals with your partner.
With anything you do, always bring along your positive attitude and see the opportunity rather the problem. A successful person knows that when you trip, you can always choose to get back up. Reconnect to your vision and make choices that serve you and your family in both your wealth and well-being.
At Supreme Settlements we value our clients’ time and their well being. Our work focus on reducing stress helping them through the settlements process. We deal with unforseen situations that can throw them off balance – we serve to protect their wealth and well being.