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How Much Is Enough?

Picture
I am a huge sports fan. I have huge admiration for elite athletes who can perform  at the highest level on the world stage and make a living from something they  truly love. The dedication, commitment, sacrifice and discipline required to be
an elite athlete is admirable. That is why it saddens me to see how some  athletes squander their hard earned millions so quickly. We have all heard the  sad stories. $100 million one day and debt a few years later. 

Whenever I hear a story like that, I cannot help but ask myself how this kind of thing  happens? How can someone blow through $100 million in a few  years? We could make a list of things. Expensive cars. An entourage. A very expensive  house. Expensive clothing. Lots of travel. Personal trainers. The list goes on  and on.

All these expenses add up to one central thing. They are all trying to fix problems  and bring fulfillment that money cannot fix. 

One of the biggest keys to financial success is to wake up in the morning, evaluate your life and feel as though you have enough.
If you are  always feeling like there’s something else you need to have to be fulfilled and feel like you do not  have enough, then you will never be fulfilled.  
 
“Enough” does not come from the money you’ve spent or the possessions you own. Once  you are past the minimum amount of money needed to keep food on the table,  clothes on the body, and a roof over your head, you don’t really need anything  else. The additional money you spend serves to improve personal convenience or  entertainment.
 
“Enough” simply means that you’re happy with your life without any of that extra stuff.
 Some people easily find“enough.” They are happy earning minimum wage. Some people never find “enough.”They blow through millions without
blinking.

If  you want to make a powerful first step toward getting your spending under  control, start by working on the holes in your life.
So often, we spend to fill those holes, but they often can’t be filled by  spending money. They have to be filled by other changes in our  lives.

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  • Home
    • About the TWF
    • Blog
    • TWF Disclaimer
    • Advertise With Us
    • What Do Members Say?
    • Join Mailing List
    • Contact >
      • October 2014 Meeting
  • Next Meeting
    • Previous Meetings
  • Friday Minute
    • Older Friday Minute Newsletters
    • May 2014 >
      • Are You Allowing Family to Control your Financial Destiny?
      • Get Rich (quick)
      • Feeling of Success
    • April 2014 >
      • When is the Right Time?
      • 9 Pieces of Inspiration
      • Habits of Financially Successful People
    • March 2014 >
      • Entrepreneur Secrets and Personal Finance
      • Marriage Money Fights
    • October 2013 >
      • Are you a good Personal Finance Role Model for your kids?
    • July 2013 >
      • Low Interest Rates And Paying Off Your Mortgage
      • Financially Dumb?
  • Entrepreneur
    • Productivity Tools
    • Money Saving Tips
  • Financial Calculators
  • Resources
    • Real Estate FAQs >
      • Lease Option Questions
      • Investing Questions
      • Fixer Uppers
    • Professional Resources
    • Handy Links - Ontario
    • Investment Websites
    • HST
    • Books
    • Tools
  • Investment Opportunities
  • Master This One Financial Skill Only
  • Next Meeting