There are two super powerful things you can do to better understand your needs and desires out of life: define a long-term vision for you and your family, and define the values that you use to direct your day-to-day decisions.
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Dr. Elizabeth Dunn, an associate professor of psychology and co-author of Happy Money, studies the relationship between money and happiness. She finds that happiness levels remain steady once annual household income reaches $75,000 or more. Her research further indicates that you are better off spending money on experiences rather than material items.
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I’ve been pretty clear over the last year that my focus is helping parents build wealth in alignment with personal and spiritual values, but that is still pretty abstract. This article explains how to actually build wealth without compromising your values.
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