What Is Your Personal Definition of Success?
I recently read an article by NAB about the changing measures of SUCCESS in Australia. It stated that “Australians are no longer measuring success by money, property or a well paid job. Overwhelmingly, being happy, having good family relationships, and personal wellbeing are the barometers of success in Australia”.
This is a sign of the times that we are in. People have moved from being concerned about the financial basics and realities of life to focussing on improving the quality of their lives and personal wellbeing. Strong property and equity markets have enabled a sense of financial security for households.
We are seeing more people seeking true ‘work life’ balance and flexibility – both males and females. Health and fitness is a top focus for many and new businesses are tapping into this market daily. Budget airlines are thriving as they make international and domestic travel more accessible to all. Cafes are full on weekends and restaurants need to be booked weeks, if not months, in advance…
It is important to invest time and money into your personal and family wellbeing, but there is still a need to focus on core financial basics – both now and for the future. A quality financial planner will sit down with you and take the time to truly understand what your personal definition of success is – from both a quantitative and qualitative perspective. They will then help you put in place a strategy to achieve this, and hold you accountable along the way.
Start the conversation with us at Your Family CFO and we will help you achieve the things that matter most to you.
https://www.yourfamilycfo.melbourne/#wpcf7-f11-p46-o1
Source: NAB Rethink Success Whitepaper October 2016
