Before you can actually attain your goals, especially your financial goals, you got to have a good reason, a big WHY....or the purpose for your money. You see, money is nothing but paper with numbers. Money itself is not going to motivate you but the things you can do with money WILL. Therefore, you have to know your purpose for money, only then will it drives you to your goals.
For me, i was recently diagnosed with a medical condition called pre-diabetes. As its name suggests, the condition is such that if i do not start to take care of my diet and body, it will eventually develop into diabetes. This completely caught my wife, family, friends and of course MYSELF by surprise. How can that be? I am only in my early thirties, normal built, healthy, exercise every now and then.
It suddenly dawned to me that hey, a person's life is so vulnerable and unpredictable. I am very grateful that it is only pre-diabetes, which is reversible, and not other terminal illness like cancer etc.
This event set me thinking really hard. I asked myself, if instead of pre-diabetes, it was say cancer and i have only 3 months to live....what will happen to my wife and 2 young kids who are both less than 2 years old. What did i leave for them? Payouts from insurance policy and some savings + stock investment? That's all. Is it enough to last them till their are old? Will my wife be able to survive on that amount? The answer is of course not. That is why i have decided to re-plan our lives and set specific goals to be a millionaire in 5 years' time, be financially free in 4 years.
This is our PURPOSE for money. Once we are able to do that, we will be out of the rat race, free from financial pressures, do what we really enjoy doing and also spend time with our kids.
Learn more about Purpose for Money in this product:
http://tinyurl.com/3cnl8w
Quote of the Day: "The rich buys assets"
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