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In the grand scheme of things, money's not that important. It's significant, only to the extent that it allows you to enjoy what is important to you. And not worrying about your finances is critical to having a life that excites you, nurtures those you love, and fulfils your highest aspirations.
For George Kinder in the Kinder Method of Life Planning ™ three questions are central:
Question One: I want you to imagine that you are financially secure, that you have enough money to take care of your needs, now and in the future. The question is, how would you change your life? What would you do with that money? Would you change anything? Let yourself go. Don't hold back your dreams. Describe a life that is complete, that is richly yours.
Question Two: This time you visit your doctor, who tells you that you have 5 to 10 years left to live. The good part is that you won't ever feel sick. The bad news is that you will have to have no notice of the moment of your death. What will you do in the time you have remaining to live? Will it change your life, and how will you do it?
Question Three: This time, your doctor shocks you with the news that you have only one day to live. Notice what feelings arise as you confront your very real mortality. Ask yourself: what dreams will be left unfulfilled? What do I wish I had finished or had done? What do I wish I had done? What did I miss?
These are truly important questions and they cannot be considered lightly.
Life Planning requires time and effort. Financial planning is not the end, but only the means to the end. It's tragic when some people have spent years climbing their ladder, only to find that it's leaning against the wrong wall! Time must be given to working out what you want out of life, and only then can financial planning really help you and give you real value.
Listen to George Kinder "Life Planning is Financial Planning Done Right"
For George Kinder in the Kinder Method of Life Planning ™ three questions are central:
Question One: I want you to imagine that you are financially secure, that you have enough money to take care of your needs, now and in the future. The question is, how would you change your life? What would you do with that money? Would you change anything? Let yourself go. Don't hold back your dreams. Describe a life that is complete, that is richly yours.
Question Two: This time you visit your doctor, who tells you that you have 5 to 10 years left to live. The good part is that you won't ever feel sick. The bad news is that you will have to have no notice of the moment of your death. What will you do in the time you have remaining to live? Will it change your life, and how will you do it?
Question Three: This time, your doctor shocks you with the news that you have only one day to live. Notice what feelings arise as you confront your very real mortality. Ask yourself: what dreams will be left unfulfilled? What do I wish I had finished or had done? What do I wish I had done? What did I miss?
These are truly important questions and they cannot be considered lightly.
Life Planning requires time and effort. Financial planning is not the end, but only the means to the end. It's tragic when some people have spent years climbing their ladder, only to find that it's leaning against the wrong wall! Time must be given to working out what you want out of life, and only then can financial planning really help you and give you real value.
Listen to George Kinder "Life Planning is Financial Planning Done Right"
