Norman Rockwell is one of the painters I had around my house growing up. The one pictured here is one of his most famous, “Freedom from Want” and depicts a family having all they need. What strikes me most is that the setting isn’t elaborate. It’s simple, relational, and cheerful.
The ideals this image conveys sets the stage for three critical lifestyle and legacy questions. These three questions when answered shape what your Norman Rockwell “Freedom from Want” looks like for you.
The first question is: How Much Is Enough for Me? In other words, how much money do I need to keep for my spouse and me in order to maintain our desired lifestyle?
That may seem like an overly simple question when we are taught that we can have just about anything in this world we want. For many of you reading this there probably aren’t many things you truly want and don’t have. If that’s true, that makes this question even more crucial.
When it comes to answering the question, it is probably less than you think. Most likely, the answer for you is somewhere between the two extremes of never having enough and giving away everything.
Right now, write down an amount of money that you think matches the lifestyle you feel is appropriate for you to live. To consciously quantify the amount creates the opportunity to do serious planning that accomplishes your heart’s deepest desires in life.
Now take this to the next level by discussing this amount with your spouse. Did the two numbers match up? And what did you learn from the conversation that resulted? Send me a note to let me know what you discovered, barry@wealthwithnoregrets.com.
Wealth is more than money. Don’t just plan for your future, live it right now.
Pass it on and share the insights like this that you find valuable.
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“I try to give to the poor people for love what the rich could get for money. No, wouldn’t touch a leper for a thousand pounds; yet I willingly cure him for the love of God.”
– Mother Teresa