Top Six Ways to Build a Wonderful Life
1. Live Below Your Means
There will always be temptation to forsake the future
for immediate gratification.
We all want to buy that new piece of technology,
treat ourselves to an expensive night on the town,
or take out a loan for the flashy car we can't afford.
It might feel great at the time
but rash spending hurts a lot later on.
Enjoy life's simple pleasures and save as much as you can.
Expensive things don't create lasting happiness and security.
Careful spending will bring you greater leisure
and enjoyment in the long run.
2. Put Your Money to Work
Saving is great, but to make the most of your money
you need to put it to work.
Good investments can be the difference
between retiring in your 40's or in your 60's.
A post today at The Simple Dollar really got me thinking.
According to Trent's projections,
if a person in their early 20's invests
20% of their income in an S&P index fund,
the interest they earn will equal their current salary
when they reach their early 40's.
They could retire without a drop in income!
Wise investing is the surest path to financial independence
and it's something everyone can work on.
It's definitely an area I'll be devoting more attention
to in my personal life and on this blog.
3. Educate Yourself
To be happy we need continuous growth.
The best way to grow is life-long education.
This doesn't mean you need to pursue a doctorate
or spend 2 hours reading every day.
Self-education can be anything
that takes you out of your comfort zone.
The important part is keeping an open mind
and searching for fresh ideas and perspectives.
Education builds over time.
It might feel like the bits of wisdom
you acquire don't mean much,
but over the years they add up to form a wiser,
kinder, more interesting person.
4. Develop Lasting Personal Relationships
Suppose you had everything you wanted.
Would you be happy without anyone to share it with?
The personal relationships we develop with friends
and family members are the greatest
source of happiness in our lives.
Don't forget about them.
Taking the time to cultivate and enjoy
personal relationships is essential to long-term happiness.
Without the people you care about
you'll probably be miserable,
no matter how successful you become.
5. Work Towards a Dream You're Passionate About
Even if your life isn't perfect,
you can always build towards a goal you're passionate about.
If you aren't building towards something,
you're probably stagnating. When this happens to me
I start to feel like a victim trapped by my own life.
The best way to reverse this is working towards a goal.
We can't control everything about our lives,
but working towards a goal gives us something positive
to focus on and lays the foundation for future success.
No matter what your passion is,
get out there and start doing something.
As Lao Tzu said, even a journey of 1 000 miles
begins with a single step.
6. Stay in Shape
You only get one body. Once it's been ruined
there isn't much you can do about it.
Exercise to keep the rust off.
Avoid excessive consumption of damaging substances
and unhealthy foods. It may feel like terrible self denial
at the time but enjoying good health
in your later years is worth the sacrifice.