Are You Saving Money for the Things That Make You Happy?

There’s a conversation I have frequently with my clients, and that is, why do you save money? What’s your purpose?  

I find one of the main reasons people can’t stick to their savings plan is because they aren’t truly connected to their life purpose. I mean – what makes you truly happy? And, is your lack of money getting in the way of your happiness? 

If it is, you need to clarify the things that matter most to you in life, and why. 

Clarify Your Life Goals 

We all have different goals depending on our age 20s, 30s, 40s, 50s, 60s+ 

When you’re younger, there’s less focus on the bigger picture and more emphasis on ‘wants’ and instant gratification – like, upgrading with every iPhone release, or financing a top-of-the-line sports car rather than saving your money to buy a cheaper, fuel-efficient urban mini.  

But, when you’re staring down the barrel of retirement – there’s usually regret that you didn’t get your act together early enough to create a happy and satisfying life when you could actually enjoy it. 

What Makes You Truly Happy in Life? 

I challenge you to make a list of 3-5 things you truly enjoy doing or that you have on your bucket list to experience before, well, kicking your bucket. 

Why are these things so important to you? How do they make you feel? 

The purpose of this exercise is to identify what makes you happy so you can make sure you always have enough money on hand to realise them.  Whether that’s piano lessons, enjoying quality family time with your children, or shark diving off the coast of South Africa. 

Don’t miss out on your happiness things because you never had enough money saved in your bank account. Live an extraordinary life because you always did. 

Having Purpose Improves Your Financial Habits 

“Happiness is a direction, not a place” – Sydney J Harris. 

Having purpose as the focus of your spending and saving decisions will improve your financial habits and help you achieve your life goals sooner and more consistently.  

Now that you know what makes you happy – you can create a more effective saving strategy to help you get there. 

Sign Up for My FREE 7-Day Financial Fitness Mini-Course 

Did this post light a spark within you? 

If you’re ready to kick-start a healthier approach to your finances, sign up for my FREE Financial Fitness Mini-Course. In just 7 days, you’ll have the basic tools and systems you need to take control of your money, spend less, save more, and get on your way to living your extraordinary life. 

Sign up for the FREE Financial Fitness Mini-Course