Jonathan Clements | November 26, 2020
MONEY IS IMPORTANT. But how do we ensure it has the right importance in our life—and no more? Here are 11 signs we’ve got it about right:
- We aren’t jealous of others or lust after the things they have.
- We borrow when we must—but we never borrow so much that we stress ourselves out today or put our future self at risk.
- We consciously spend a little less today so we enjoy the long-run happiness that comes with money in the bank and the knowledge that we can cope with financial adversity.
- When there’s a big down day in the financial markets, we might feel anxious—but it doesn’t wreck our day or ruin our sleep.
- We view money as a way to improve our life, rather than as an obstacle that constantly holds us back.
- We spend after pondering the alternatives—but, truth be told, thoughts of spending don’t consume much of our time.
- We don’t fret about how we’ll pay the monthly bills or how we’ll cope with surprise expenses.
- When we look at our portfolio, we feel more contentment about what we have than fear about what the future might bring.
- We usually spend without guilt or subsequent regret.
- We know what our financial goals are and we’re confident we’ll get there.
- We feel we’re in charge of our finances—not the other way around.
Follow Jonathan on Twitter and on Facebook. His most recent articles include Bad Influence, Never Assume and Future Shock
Do you enjoy HumbleDollar? Please support our work with a donation. Want to receive daily email alerts about new articles? Click here. How about getting our weekly newsletter? Sign up now.
IF YOU LIVED through the Great Depression of the 1930s and then the Second World War, your view of money was likely …
LIKE SO MANY others, I’ll be working from home for the foreseeable future. But I know in my soul that we’re all …
IF YOU’RE READING the business section, you need to read between the lines. Here are 14 things financial journalists won’t tell you: …