Would you rather be content or rich? Rather than rush past this very important question, hit “pause” in your reading and actually answer the question. Chances are, you may have to search through a few layers of thought to find an answer you feel is genuine.
Summer is an awesome time of the year! Think back to your favourite memories. I’ll bet some involve two things – summer and important relationships. Whether it’s time at a cottage, camping, or a trip to grandma’s house, we are wired to cherish relationships. One of the things we value most, as parents, are love and harmony throughout our family and rich times together to enjoy it.
Our self-made, independent, North American lifestyle results in each generation basically starting over. Out of ignorance, we make the same mistakes of past generations and miss the incredible wisdom from the life lessons of those generations
If you read the business section of any major newspaper or website in the last month, I’m sure you saw headlines suggesting what would happen in the markets in 2019. There are as many perspectives, as there are articles. Why is that? Because no one knows. So why do we expect someone can predict the future? Why are we always looking for that perfect fund manager?
This blog is meant to encourage us to grow personally through the current pandemic. Unfortunately, tragic loss has been suffered personally by so many. We mourn with those who are experiencing such loss and recognize there is no benefit in your loss. One of my favorite speakers and authors, Andy Stanley, has a saying: ‘Pain with no gain is a shame’.
We can have an incredible impact on the people most important to us. Smart families even extend their wealth and legacy through several generations
I recently read “the quality of relationships- not the quantity of dollars – ultimately define quality of life.” * The older I get, and the more I speak with clients, the more this truth resonates with me. Our most valuable assets are the quality relationships with family and friends.
Chances are, if you died today, your net worth would drop like a rock. If most of your net worth is in a family business and/or real estate, the value your family receives could be 50% or less than what you expect.
I believe generosity is a game changer. In our own life and in our family. As parents, we all want our children to have a better life than we have. Unfortunately, living in an affluent society has led to high levels of entitlement and people that are very focused on themselves. Generosity is the antidote!
I believe financial independence is impossible. Though most people pursue it; I certainly did in my early years of business. However, I now believe something better is possible. Financial independence is heavily promoted by the financial industry. It’s that place in life where we “arrive”, have enough and are secure. Financial planning tools often identify the dollar value of financial independence based on a person’s desired lifestyle.
