Make your money a force for good | The business

Make your money a force for good |  The business

Wealth can help make life LOVE-ly. Buying stuff will not make you happy. However, meaningful, value-based experiences do make us happy. They also make the world a better place, and the more wealth you have, the more valuable experiences you can pack into your life. Is a LOVE life always pleasant and happy? Nope. Not at all.

Wealth, wisely and sustainably invested, allows you to live your values more fully rather than be stuck working paycheck to paycheck, a grind that leaves many of us frustrated and exhausted. Too much of that and you LOSE at life — you Live Only Sad Experiences. You don’t need any money to make that happen, but having a robust financial plan and adequate savings makes this life much more manageable. Otherwise, you’ll live a precarious existence.

A life where your most profound spiritual values shape each day is what I call a LOVE life — Live Only Value-based Experiences. What if, instead, we each had a little bit of wealth? Wouldn’t that allow you to achieve the same objective of being a “free agent” of love and kindness, beholden to no one? With no strings attached.

This list could also include, in moderation, spending time on a tropical beach sipping fruity cocktails with your friends and family. Why? Because such experiences add value to your life, strengthen social and family bonds, and bring joy into the world. One of my favorite LOVE stories is when a group of students at Santa Fe Prep, where I once worked, chose to bake a cake and throw a party for a 7-year-old girl whose family moved into a homeless shelter on her birthday. That was LOVE-ly, and I value every moment of that day. The list of value-based experiences is endless. You may value working in an animal shelter, raising foster children, running aid missions around the world or training service dogs for veterans struggling with PTSD.

Money can remove the unvaluable experiences from your life, allowing you to focus on what brings deeper meaning. For example, someone who needs cancer treatment will value that treatment highly, even though it is devastating. They need to focus on their health and quality time with family instead of wasting that precious energy paying medical bills, earning an income or even cleaning the house.

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