Silent Success: Creating Wealth with Purpose, Not Noise
Many people confuse wealth and acquiring possessions with happiness, especially since our social feeds are filled with the next amazing thing we need to live our best lives. While money can buy many wonderful luxuries, the things we purchase are not typically the things that bring us lasting satisfaction or make our lives fulfilling. That kind of internal success goes much deeper.
This is why it’s important, when we are developing our wealthy habits, that we take a step back and consider the things that really matter to us because a truly rich life goes beyond the dollars in your bank account.
How to Stay Grounded While Building Wealth
Our media-oriented culture creates a lot of noise as a myriad of influencers feed us with the next best thing we need to make life better. Too often, it fuels the desire to chase fame and money, without building the necessary foundation that both need for lasting success and fulfillment.
Building sustainable wealth takes time, effort and dedication. To get past the noise, achieve your goals, build wealth, and also be happy, it’s important to understand yourself and what you want from life. The deeper the understanding you have about yourself, the more grounded you will be, making the long-term process for building wealth so much easier.
Many people don’t go deep, or take the time to get to know themselves, what they value and why they value it, though it is the foundation for internal and external success and fulfillment. It is how you control your destiny, and without it, you will likely end up feeling like you are off course in your life and/or living a life you don’t truly love, even if you do have a lot of money.
To build a foundation that will keep you grounded as you grow your wealth, ask yourself:
- What is important to me and why? For example, while building wealth might be significant for you, it’s actually the things that you will do with the money that define why it is important, which leads us to the next question.
- What are my values? Very often the things that are important to you reflect your values. In the example above, if you want to be wealthy so you can travel, then freedom, independence or exploration might be one of your values. This understanding will help to fuel your motivation and keep you on track with your personal, professional and financial goals.
- How do I personally define each value? Your definition may be very different from other people’s. You need to know what your set of values means for you, so you can make better decisions based on them. Then you can align your actions with those decisions as you take the steps to build your wealth.
Once you’ve done this work, you will begin to see how your values and your purpose are intertwined, and how you can use them to navigate the wealth building opportunities that come to you. Values-based success building gives you a very clear structure for discerning what is right for you and what is not, making it a lot easier to cut through the noise and quickly make decisions that work for you.
Letting Your Legacy Be Your Lifestyle
So many people think of legacy as the thing that is left behind after you are gone, and while that is true, what many people don’t consider is that your legacy is built in the now. Every interaction you have, decision you make and action you take builds that legacy. So rather than thinking of it as something that happens in the future, let your legacy be the lifestyle you live today as you build your wealth.
When you let your values and your purpose guide the way, you can stay grounded in the things that are important to you, rather than living life by other people’s standards, which will put you on a fast path to unhappiness chasing things that don’t truly matter to you.
To live your legacy, consider these questions:
- What is the difference you want to make?
- What do you share from the heart?
- Who do you want to serve?
- What are the needs you help to fill?
- How do you want to feel each day?
- What steps do you need to take to make these things happen?
- How will this affect the way you build your wealth?
Your answers to the questions above will not only help you live your best life as you serve and support other people, but they will also guide your investment choices, helping you make money as you build your internal success at the same time.
Building Purpose-Driven Wealth
There are many ways to build wealth, but to expand your internal wealth as well as your financial capital, choose the options that align with your values, your purpose and your legacy. That is how purpose-driven wealth building works.
>>CLICK HERE FOR 10 STEPS TO CREATE WEALTH<<
Some of your wealth-building options include investing in:
- Real estate
- REITs
- Businesses
- Stocks
- Bonds
- Commodities
- Intellectual property (your ideas)
- And more!
When you use your values to guide your portfolio selections, it ensures you have greater peace of mind as you expand your income streams. For example, if sustainability is important to you, choose to purchase stocks in companies that prioritize renewable energy or invest in real estate with a small carbon footprint. With so many choices available, you can find options that have great returns and make you feel good about the way you invest your money.
When you take these steps, it becomes so much easier to cut through the noise and start creating wealth with purpose, while you live your legacy and a life that matters deeply to you!
BONUS! Sharon Lechter’s Best Financial Tips:
The habits of the wealthy are incredibly simple, and you can develop them too! To ensure steady income growth:
- Pay yourself first by dedicating a certain percentage of your monthly income toward investing
- Automate your investments for greater consistency
- Reduce bad debt and learn how to leverage good debt
- Continue to expand your financial literacy
- Work with a financial advisor or Master Mentor
If you would like in-person financial guidance each month, I invite you to join me for Let’s Talk Money. It is an online membership program for people who want financial guidance from a trusted mentor who knows how to build wealth, even in today’s economy.