For many women, understanding your purpose for your money can be the key to becoming more engaged in managing your investments. While financial goals are important, they are often too linear, impersonal and can feel restrictive. When you understand the purpose for your life, the things that are most important to you, the purpose for your money becomes clear. This clarity creates incredible motivation, inspiring you to become more engaged in your financial life.
Consider this scenario: If you were given 50 million dollars and you had to spend it all, but you could only spend it in 3 to 4 ways, how would you spend it? Now list the four ways you would spend your money in order of priority, with #1 being the most important. This simple list is your foundation to turning your financial affairs into an intentional journey toward living a purposeful life.