Six Figures, or seven, how much does it take to be happy? That's the question, but what is the answer?
More than 50% of young people today expect to make their first million in their 20's. That's a big difference from thirty years ago when barely one in ten young people expected to make a million dollars in their lifetime. Money was not the issue then. Now, it's the issue. In order to live well, you must have cash in hand. Financial Freedom is a requirement in today's world.
Generosity breeds wealth.
One of the earliest lessons wealthy people learn is that they must be willing to give to others. Not only to their church and their cherished causes, but they must willingly give to other people. Their generosity creates their ability to open up their arms. By opening up their arms to give, they open their lives to receive. This focus on giving opens up a reservoir of gifts that can be received.
Save and invest.
Millionaires view money as something to save rather than something to spend. They believe that in order to have money, they must save money, invest it wisely and reap the rewards of having more to save and invest. The overall purpose of money is not to spend, it is a source of wealth, which is the ultimate source of income. A wage is simply that, until you invest it. Once invested, money becomes wealth.
Set goals and achieve.
Winners set goals and focus on achievement. They put down on paper what they want to achieve and set out to accomplish their goals. They draw out a map and specific directions for attaining their goals, then they follow the directions set forth. Their purpose is clearly directed with values, specific guidelines, and solutions to any problems that may arise.
Take strategic risks.
Rebellion and risk taking effectively build character and develop the abilities required to solve problems. When you look at the vast majority of multi-millionaires in the world, many have been in trouble with school authorities, or even the police while building their foundation of success. Those experiences teach perseverance and diligence, which results in solid focus on their goal.
So, how much does it take to be happy?