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Wealth Creation

The Number One Question You Need to Ask Yourself

I started working with a new coach recently.  Yep, even I need an expert in my corner, to soundboard with and help keep me accountable as I work towards our business goals.  I’ve worked with a couple over the past eight or so years.

Published on
September 18, 2024

I started working with a new coach recently.

Yep, even I need an expert in my corner, to soundboard with and help keep me accountable as I work towards our business goals.

I’ve worked with a couple over the past eight or so years.

Each offers different perspectives along the way.

Back to my new coach for a second.

The very first question they asked me was this…

"Is your spending aligned with your lifestyle and lifetime goals?"

Given what I do, the answer, as you’d expect, was yes.

My main lifetime goals?

Renovate our house (if you’re a long-time reader, you’ll know we’ve come full circle this way).

Send our kids to a private school.

Take reasonably regular holidays and breaks, both abroad and domestically, with a particular hope of creating lifelong memories with the family.

And, from a lifestyle perspective, for my wife and I to enjoy life along the way.

The point I’m trying to make is this – everything starts with identifying your lifetime goals.

That way, you know precisely what you’re working towards and if your current lifestyle and resultant spending are helping you work towards reaching them.

Now to throw it back to you…

Is your spending aligned with your lifestyle and lifetime goals?

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