Why smart people do foolish things with money

Sometimes I wonder why it is that so many of us make foolish decisions around money.  And then I reflect that perhaps the reason is that we have never really figured out what money is or what it’s all about.  It’s easy to fall into thinking that it’s about buying things or investing, spreadsheets and bank balances, rates of return and stock markets, saving or getting into debt.  But we need to step back.  Money doesn’t just have value; it is a vehicle for expressing our values.  Money really is the great facilitator.  It’s the facilitator of what is most meaningful for us in the world.  It’s meant to help us put together a life that best expresses our own individual genius, our creativity, our compassion, our integrity, our spirit,  our mission in life.  When we understand this, everything about money gets clearer and things falls into place.  We don’t hire a financial advisor just because they’re a nice person, or because they show us interesting spreadsheets.  We hire them so that with their professional financial expertise they can best deliver our brilliance into the world. Unless we become crystal clear about our most profound goals, we can’t begin that process.  The kind of goal discovery I’m talking about takes time but is immensely worthwhile.  Financial life planning is the key to sorting out the unconscious way we behave with money so our personal energies and financial resources can work in harmony to create the life we most want to live.

Advertisement

About Roger Wellington

Roger Wellington: former Executive Director of the Kinder Institute of Life Planning. The Kinder Institute trains financial advisors and credentials Registered Life Planners. Learn more at kinderinstitute.com.
This entry was posted in Uncategorized and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s