#MindsetMatters
So Personal Finance is not done in a vacuum, similarly investing isn't done without emotions ... try as we might. While the infographic has the four ranked, lets start off by saying that my order looks different than this ... but I do like to talk on personal finance so that is why it is #1. What is the point of wealth if you are lacking physically, emotionally, and spiritually.
#FinancialWellbeing
Money doesn't buy happiness, but it does buy options such as freedom to work less or to leave your 9-5 if it doesn't bring you fulfillment or joy. There are no short cuts in life or in the stock market and so it needs to be repeated that there is no great way of getting from today to financial independence without sacrifice and perserverance. You need to have a plan, execute the plan, and stick with it ... but don't forget to course correct when presented with new, relevant information. With that being said, we need to be mindful of living in the present and not just the idea of the future which brings me to the next three points.
#PhysicalWellbeing
Americans by in large have a health and wellness problem ... hard stop. This is not to shame anyone, life is busy and convenience foods are everywhere and more affordable. My credit card statement reads as a fast food diary to $MCD , $CMG , Chik-fil-A, and Jets pizza ... and so ya I'm 100% guilty. I'm young, but these choices I make will have lasting consequences for how I spend my years in financial independence. I need to stop borrowing against my body and make it a point to invest in my physicial health and well being. Eating right and exercising regularly are the dollar cost averaging building blocks of physical wellbeing. Poor health is expensive ... prevention is the best defense.
#EmotionalWellbeing
So 2020 and 2021 have done a number on everyone's collective emotional wellbeing. It is perfectly ok to not be ok with how things have unfolded, just be sure you have someone to talk with about it. Going it alone is not a good idea, as human being we need community. When we are emotionally off balance we tend to resort to our unhealthy coping mechanisms which can look like stress buying or eating. Remember there is no shame in reaching out for help and talking with a mental health specialist. There are many online resources so you don't have to physically go in person.
#SpiritualWellbeing
Don't worry I'm not trying to convert anyone or delve into religion or politics ... I know better than to try and navigate that minefield on social media. I do think that a lot of us, however, choose to believe in the idea that there is hopefully a higher purpose to this thing called life other than living and dying. For me, as a Christian I find comfort in believing that there is something bigger than me in control of it all when my life feels wildly out of control. That is just my personal belief, we are all adults on here and can choose what spiritual wellbeing looks like for themselves and be mindful and respectful of others ... we won't know any of these answers in life anyways so why argue.
P.S.: The inspiration for this post came from none other than @brendanschema and his most recent podcast this morning. Be sure to check it out - https://anchor.fm/financialfriends/episodes/Health--Wealth-w-Madylin-e16l02h
#FindingBalance #Rebalancing #WeekendVibes #OkToAskForHelp
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Thank you! This post was written beautifully. 💙
We all invest for our future but we must ensure we have a future and also not neglect our current self.
Your body is a temple, and your mind, spirit, and health are all an integral part of it. Take care of it.
Happy Sunday all! Better yourself today, oh, and watch some football🏈
Great points @ctsshah - I’ve this to be somewhat of a ladder based on habits physical well-being —> emotional well-being —> financial and spiritual well-being. It’s hard to get your mind and self actualization right until you build the right habits to think about those things. Not completely linear of course (I’m much more financially fit than physical haha). But definitely somewhat of a ladder. Ha…See more
@brendanschema as a fellow 🦁 you should know that watching them play is rarely good for mind, body, or soul 🤣. Thankfully they play Monday so Sunday football is safe this weekend!
@investingforthe99percent I'm definitely the same ... I'm financially fit and physically not so much. I just hide it well. 😅The engineer brain of mine thinks of these as circuits in paralell 🤓. Glad to see you back on here!!
@ctsshah I was going to mention something like that but didn't... I am glad you did 😂We will see what they can do tomorrow night. Hope for the best but prepare for the worst.
Excellent point about bad eating habits costing more in the end. As I am getting on in years and especially over the past couple of yrs with COVID - healthy habits have not been a priority. I am equating your post to having the enjoy now pay later mentality. Credit cards, healthy eating, healthy habits...you get the idea. Thanks for the inspiration!
@ctsshah Excellent points! Trying to find balance in life can be tricky, frustrating and sometimes exhausting in and of itself. I think most of us (especially men with our one-track minds) tend to put a majority of our focus on one aspect for a period of time before jumping to another. It can feel like the scale is always tipping or the pendulum is always swinging and over-correcting.
Aaron@A-A-ron
@ctsshah Very well said friend. 🍻 too a happier, healthier and wealthier tomorrow.
This post should be great reminder to all. I believe that most ppl take things for granted in the US and it is only when a catastrophic situation arisses do they start to internally evaluate their choices. I know i am one of these ppl. It was not until health issues hit that i started to reevaluate things. Even after the loss of my wife i did not get it. Blamed the jerk that was screwing arou…See more
One of your best posts yet. I think we are all guilty of not taking care of ourselves. I know I need a reality check with my spiritual and physical well-being today. Sundays are a good day of rest for that. So glad you brought this up!! 💛
Love it. Everyone is a Mental Case... its time we own it And just Help each other Get Help! Trust me, the world will become a much better place a lot faster #mentalhealthmatters
@brendanschema spoken like a true lions and michigan football fan
@Trish1969 I'm happy that I was able to inspire. I'm trying to muster up the energy to take care of my physical wellbeing too!
@MakinBacon2021 it is a constant struggle to find balance in life for me
@A-A-ron 🍻cheers to that! Could really go for hopcat burger and friends 😅
@celtic Thank you for all you do in the mental health space!
@sydward 😁Thank you! I thought about saving it for the week, but felt Sunday might have been a better time for it. I enjoy Sundays as my day of rest.
@sheelaa with everything going on ... we are all a touch mental and it is so important to seek help rather than doi…See more
@ctsshah Go Green for me... and in terms of the Lions, I watch but am not sure there will be a day where I watch them win a Super Bowl. I can hope though.
🤣That would be a day
Jelly@Jega
Excellent post @ctsshah . I see it everyday, people thinking just about being rich while putting their health, family relationships and emotional wellbeing to the sides. By the time they wake up from that it can be over. Back in my twenties many people in my family were struck hard with health problems like diabetes, heart problems, cancer and so on. That was the wake up call for me to start paying…See more
@Jega That is wonderful. I need to do better. I abused my body hard in residency and while I am not as bad now ... I used to be better about taking care of my physical health. The pandemic should have been a great opportunity to focus more on it ... but I just stress ate to cope instead. Ya staying positive in the grind that is this pandemic has and continues to be tough. Why I try to be mindful ab…See more
🌞😇❤️
Jelly@Jega
@ctsshah me too, back in college I used to eat badly, all kinds of junk foods everyday. Although I didn't gain much weight that's something that if I continued to do I would be now suffering consequences of it. When I started eating better I went the eat less of this and more of that route so I didn't stop completely eating junk food, just eat much less, and started eating a lot of healthy food lik…See more
Ya I’m trying to find a good habit and routine. I did intermittent fasting and dropped 15 lbs since the year started but I’m still not cardio healthy and I’m lethargic from sitting around all day. I gotta get back into it and keep it up @Jega
Al@BeginnerStocks
Too bad we can’t purchase options on public 😅
@BeginnerStocks they are still young. Only at it since 2019. The future of the app is bright
Al@BeginnerStocks
One day, hopefully tbh only made that comment because of your comment saying money doesn’t buy happiness but buys options, haha! I think public is a great broker, especially for beginners. As I get more experience I really start to crave more features with them though lol.
Money doesn't buy happiness but freedom to buy things and go places that make you happy is definitely better than where I've been.
@BeginnerStocks lol 😂 I'm also curious to learn it!
@Daydaybee all any of us want is some freedom and control over own our life
I ❤️ this post. I am a firm believer in what good is money if you’re not staying healthy to enjoy it for later ? I’ve seen and heard about too many wealthy people not maintaining the mental, emotional and physical areas in their lives… winding up on life support on in the ICU, in comas, paralyzed, dx’ed cancer, blind etc etc. All stemmed from an unhealthy lifestyle. Using money to invest instead of…See more
DT
Too true.
And also kinda related- don’t let emotions factor your trading decisions. Calculative moves only! Otherwise you will be the one selling red buying green
DT
Crypto trading was awful especially when I was day trading.. manually buys and sells. The sleep lost was never worth it!
Positivity breeds momentum of more positivity. Utilize it well
Thank you for putting things in perspective. Very encouraging and inspirational. 🤩
