There is an age-old myth that I hear often. “If I only had more money I’d be happier” or something else to this extent. Now there has been a ton of studies done on this subject of which you can see one here. To me this is a very limiting beliefe people tell themselves that I’d like to put my own perspective and experience on. As you see I too thought I’d be happier the more my wealth increased.
Now let’s preface this with I am still very early on my journey to financial freedom. I’m also no expert in this field and do not pretend to be.
I have learned a lot about happiness and what It is for me on this journey. I have learned that we all must pursue happiness so to speak. What I mean is we must figure out what is our own version of happiness and what brings us this happiness. This, of course, is no easy task so to speak. It takes a ton of self-reflection and trial and error. I have been thinking a lot about happiness lately.
The question I keep asking myself is “am I happier today due to my wealth growing so much?”
For the longest time, one of my biggest financial goals was to hit a $100K net worth. Well, I accomplished this task after about three years of focusing on it and in January of 2018, I hit my mark much faster than I expected too. Fast forward to last week I hit another new milestone $100K in my investment portfolio. Again very quickly to my surprise. Then something hit me like a straight punch to the face. Should this not make me super happy? I’m not sure if it should or should not to be honest here.
Honestly, I am not any happier due to growing my wealth.
I have come to the conclusion that the numbers have not helped make me happier. The journey and seeing progress on this journey has though. Learning the skills I had to acquire to build this kind of wealth especially so quickly has brought me huge amounts of joy. The new lens I have not only on finances but the world has again had a huge impact on my happiness. I have now learned a great thing called contentment. I have learned that stuff does not bring me happiness. In fact, I have now found out that stuff actually can turn into shackles and chains and basically own you. I have figured out what brings me joy in this world. It just so happens it’s typically really cheap if not free. While I type this content I have hit a new high in my net worth and now am worth over $113K. To some that will be a lot of money. It will even be more than some will save their whole lifetime. To others, it’s but a small drop compared to the wealth they have saved. To me, it’s the start of my journey to financial independence. I encourage everyone to work on their financial picture yet remember also make sure you are focused on pursuing happiness. I truly believe there is no reason we cannot pursue both and in fact achieve both. It just takes us the willpower to work toward it every single day. It takes us to focus our time on it and not let ourselves waste our time on things that don’t improve either or.
“Our greatest happiness does not depend on the condition of life in which chance has placed us, but is always the result of a good conscience, good health, occupation, and freedom in all just pursuits.” Thomas Jefferson
I hope everyone the best and that you choose to pursue your dreams!
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