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Missed Fortune – Zeroing In On What Matters Most

Posted on | July 29, 2013

Making Family Vacations Significant

A few weeks ago we told you about a new Andrews family tradition we call Grandpa’s Camp. It was a fun and informative way to create a legacy for the grandkids that included many of  the lessons they’ll need to live abundant lives.

The feedback was so overwhelmingly positive from our blog readers, that we want to share another idea about making your family vacations more meaningful as well. This isn’t to say that we shouldn’t have fun while vacationing, but we can still benefit from activities that equip us to enjoy the best that life has to offer.

After all, it’s about the journey more than just the destination.

One of our favorite activities is inspired by our friend and coach Dan Sullivan. It’s called “What Matters Most?” and we begin by writing down what’s worth keeping track of on a daily basis. This could include things like how each participant is doing on their exercise or their weight or even how they’re doing with their money.

We ask things like “what’s worth measuring” or “what’s worth saving” and “what’s worth investing time, energy or money.” We also consider what is worth remembering permanently and what’s worth sacrificing for and what’s worth fighting for. Ultimately we can even ask ourselves, “what is worth dying for?”

This is pretty introspective, but it causes us to focus like a laser beam on those things that truly matter.

We then ask questions about what is worth doing yearly, quarterly, monthly, etc. In addition to what we end up listing out, we also ask the question of why we do these things.  One of the biggest paydays for us as parents, grandparents, employers, or even as volunteer leaders for scout troops and such is when we help those around us zero in on what matters most and how we must be willing to change our lives to make those things happen.

This helps us identify those things that are keeping our lives out of kilter and it helps us establish our priorities in such a way that as we start making the necessary adjustments, our lives fall into place.

Choosing Our Brighter Future Starts Early

One of the key questions that our friend and coach Dan Sullivan has taught us to ask is “What has to have happened three years from today in order for my life to be on the track I’d want it to be?” This can include our physical, mental, and spiritual health.

When we ask this question in a financial sense, there are some key things that many of us would consider indispensable to our future well-being. This may include things like having our retirement savings in a tax-free vehicle where the money may accumulate, distribute, and eventually pass to our heirs without being subject to the effects of higher taxes.

It may also include things like protecting ourselves from rising inflation or the effects of continuing market volatility and uncertainty. It could include refinancing our home in order to take advantage of today’s low interest rates. When we take the time to ask and answer these questions as honestly as possible, we can begin taking the actions that will lead us to the brighter future we wish to see.

Exercises like this consciously train our minds and bodies to unconsciously act in harmony with our values and our vision. The time to make the proper decisions is not in the moment, but far in advance so we have a clear path to follow.

By making our minds up early on, we don’t tend to spin our wheels or waste our time, resources, or money by acting impulsively.

When we develop the right habits, we consciously train our minds to stay on track for the right reasons.

If you’d like to learn more about putting this kind of strategy to work for your financial future visit with a wealth architect today.


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*Life insurance policies are not investments and, accordingly, should not be purchased as an investment

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