income Tag

Posts tagged 'income'

Family Wealth Fitness

Stacks of money of increasing height sprouting plants

Everybody wants their family to be happy, healthy and wealthy. Of course, if you are not born into wealth, you need to grow it with understanding, planning and lots of practice. In other words, increase your “family wealth fitness”.

Looking at how we build physical fitness is a great way to understand wealth creation. To be healthy, we need to be physically fit, and to be wealthy, we need to be financially fit.

Just like physical fitness sits on a scale, wealth fitness sits on a scale. The first stage in physical fitness is to have enough energy and strength to do your regular day-to-day activities and to enjoy your body. The second stage is to build enough stamina to handle sickness and unusual physical challenges well.

Financial fitness is the same. First, you build financial stability, so you can have what you want, manage the day-to-day financial needs easily and enjoy your life. Then, you can build a money buffer large enough to cover large purchases and unplanned expresses.

This post is part 10 of 10 in the series Happily Wealthy Family

Read Family Wealth Fitness »

Turn Your Dreams of the Dream Job into Reality

Coffee cup, laptop and a woman's hands writing on a notepad

Most people do not have their dream job. Many people around the world go to work because they have to, because it pays the bills, because this is what expected of them or because they have nothing else to do. The lucky ones get up in the morning with excitement, leave home (or not) and spend most of their days doing something they feel passionate about.

I have to say I am one of the lucky ones. I get up every day and get paid to do something I love. It does not feel like work, more like living my passion and my purpose, which is inspiring and motivating and helps a lot with getting up in the morning.

Research shows that doing the work we love improves many aspects of our life and makes us happier. Happiness, as you know, affects our health, our relationships, our finances, our mental wellbeing and our work. It is a never-ending cycle. We love our work, which makes us happy and improves our productivity and the enjoyment of our work, which bring us more happiness. This way, being happy about your work is like passive income that keeps on growing.

This upcoming event will give you a unique opportunity to turn your dreams of a dream job into reality too.

Read Turn Your Dreams of the Dream Job into Reality »

Positive Beliefs about Money

Being wealthy is more than counting the money you have in your bank account. It is a mindset. In the last chapter of Happily Wealthy Family, I shared many of the negative beliefs we often have about money. By identifying these beliefs, you can do your best to replace them with positive beliefs about money.

Here is a list of 100 positive beliefs about money, wealth, investing and rich people. Reading them does not mean you automatically adopt them. Find the ones you do believe in and make sure to hang them up in a place you can read every day. If you find others you want to adopt, find a story, a situation, or a person you know that is proof that this belief is valid.

For example, I had a belief that you have to be born rich to be rich. I wanted to believe that everyone could be rich. I knew a guy (who was my dad’s boss) who was very wealthy but was born to a very very poor family. With the help of this story, I could adopt the belief “Everyone can be rich!”

This post is part 9 of 10 in the series Happily Wealthy Family

Read Positive Beliefs about Money »

Happy and Rich: One Way Street

The happier people are, the more successful they are with their money, work and relationships, claims psychology professor Ed Diener, an author of a study conducted by the University of Virginia, the University of Illinois and Michigan State University. The study found that happy people are more likely to get married, to stay married and think positively about their marriage.

Diener compared people who were not happy to those who were happy and said that the happy people volunteered more, earned more and were highly rated by their supervisors. He also found that happy people, on average, are healthier, and live longer.

The surprising bit about this research was not that money, good work, long life and health brought happiness, but that it was exactly the opposite! Happiness brought money, good work, long life and health.

Read Happy and Rich: One Way Street »

Know Your Partner: Appearance, Work, Money and Health

Welcome to the third installment of “Know Your Partner”. In this series war are talking about questions you and your partner should discuss before you move in together, get married or have kids. These questions will help you find your partner’s “musts”. To read more about “musts”, check out Know Your Partner: Musts. In the last post in the series, we listed questions about relationships, every day life, family background and friends. This post covers questions about appearance, work, money and health.

This post is part 3 of 8 in the series Know Your Partner

Read Know Your Partner: Appearance, Work, Money and Health »