Since my big thought/feeling work this year centers around retirement and finance, I have been paying attention to finance related news and information. I came across an interesting article that ties into everything you are teaching. Being goal-oriented and deliberate, determining what our own values are, etc.
Article: “The value of a purposeful life: Sense of purpose predicts greater income and net worth” Journal of Research in Personality; Dec 2016
A 2016 study published in the Journal of Research in Personality found that people who felt a sense of purpose accumulated more wealth than those who feel as though their lives lack meaning.
The researchers discovered that individuals with a sense of purpose have a higher income and a bigger net worth than those who feel as though their lives lack meaning.
Even when they controlled for known factors that predict financial success–like demographics and personality–they found a sense of purpose made a big difference in a person’s financial life.
And the difference in wealth seemed to span the test of time. Over the course of 10 years, people with a sense of purpose continued to have higher incomes and bigger nest eggs than other people.
The researchers suspect people who feel their lives have meaning are goal-oriented. Looking at their long-term goals likely motivates them to develop better financial habits.
Now I must get right back to my thought work!