June 25, 2024

“If I was to succeed with these clients and help them win a chance at freedom, I needed to provide the Understanding they were missing and show them how to develop the Vigor they need”

3:31 PM

“And I got there not by dropping out and taking a tramp steamer to Bali but by engaging the demands of adulthood.”

3:31 PM

“The first inklings of adulthood, and of Knowledge about money, come in small experiences of freedom, integrity, and a job well”

3:31 PM

“The first, and deep, layer of Knowledge is that money speaks of human charact”

3:31 PM

“The second, and practical, layer of Knowledge lay in learning and developing the skills he needed to handle money well—collecting, bill-paying, budgeting, and saving.”

3:31 PM

“Knowledge gives us this understanding. We come to see, for example, that the center of all money interactions is the giving and receiving of gifts. Some”

3:31 PM

“We may have all the practical Knowledge in the world, but if we fail to develop and protect our integrity—as Mahealani Sapolu asserted fiercely to her husband when he suggested bankruptcy—we will never find freedom.”

3:31 PM

“A market system works only with moral foundations. Without integrity there is no confidence in fairness of prices”

3:31 PM

“When we violate money’s integrity, we inscribe within ourselves the infallible knowledge that we ourselves are untrustworthy,”

3:31 PM

“understanding that it is our birthright to be free, that a path to freedom can be found and followed. Otherwise, what is the purpose of master”

3:31 PM

“Our first obligation in this world is to discover the circumstances in which our souls flourish. This the truest and deepest meaning of freedom—living under the conditions that make us most truly ourselves”

3:31 PM

“When you contemplate money, do you see the promise of freedom it holds? Can you notice the freedom that the coins in your pocket and the bills in your wallet represent?”

3:31 PM

“Investing is a means to an end, and financial planning begins with determining the ends. Only w”

3:31 PM

“goals connect our surfaces to our souls. They spell out our dreams of freedom in practical dollars-and-cents terms.”

3:31 PM

“When I first begin goal work with new clients, I want them to give me the most profound, the deepest, the biggest goals they can think of.”

3:31 PM

“To become who we most truly are, we must be free first to dream, then to translate that dream into the practicalities that might allow it to be accomplished”

3:31 PM

“The resources included in financial planning cover what accountants call assets—real estate, cash on hand, stocks, bonds, mutual funds, trusts, inheritances, and the like. They also contain inner resources like dependability, timeliness, energy, dedication, discretion, enthusiasm, optimism, persistence, honesty, the ability to earn income, and the capacity to save.”

3:31 PM

“Yet all inner resources share one element in common—they ask us to sacrifice something of the moment for the benefit of others or for a larger, more distant goal”

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“Once we understand goals and assess resources, we can implement an investment strategy. Three key and highly interrelated variables are involved in developing a strategy: time, rate of return, and risk”

3:31 PM

“Virtually all mistakes in investing occur not because we choose the wrong investments but because we fail to understand our own volatile relationship with risk”

3:31 PM

“I have come to realize that working with money is in fact the spiritual journey, that the path I am following within myself and the work I am doing in the financial world are in fact one and the same spiritual ques”

3:31 PM

“The first is an inability to express them, sometimes even to admit goals into consciousness and recognize them for what they are. Th”

3:32 PM

“The second pathology concerns the inability to execute a strategy leading to the goals one wants to achieve”

3:32 PM

“Fantasies constitute plans for wild escape, like running off to Tahiti or assuming voluntary self-exile among the literati of Paris’s Left Bank. Fantasies are emotional responses to Pain, unrealistic dreams that return us to Innocence and, rather than activating our desire to master Knowledge, Understanding, and Vigor, leave us in dreamland, blame, or resentment. Somehow fantasies remain unachievable, outside our grasp. They are the sorts of things we would do if the lottery comes up with our numbers, an unknown rich uncle dies and leaves us a couple of million, or Steven Spielberg pays an absolute bundle for the movie script we haven’t yet written.”

3:32 PM

“So often, though, we hold ourselves back from what we could be, achieve little of what we might, settle for small dreams or no dreams at all, and bury our greatest talents in the mud. It”

3:32 PM

“You may not be as wealthy as Bill Gates or the Sultan of Brunei, but you do have all the money you need, now and in the future. What will you do with it? From this moment forward, how will you live your life?””

3:32 PM

“This second segment is called “just a few years left.””

3:33 PM

“Now you are ready for the last step, named “twenty-four hours to go.””

3:33 PM

“What feelings am I experiencing? What regrets, what longings, what deep and now-unfulfilled dreams? What do I wish I had completed, been, had, done in this life that is just about to end?””

3:34 PM

“Typically, “plenty of money” reveals material desires—a”

3:34 PM

“the answer also begins to reveal hidden desires and unfulfilled longi”

3:35 PM