The Safest Way to Double Your Money

“The safest way to double your money is to fold it over and put it in your pocket.”

—Kin Hubbard, 20th Century American Journalist

Image of folded hundred dollar bills

Image from Fight4Survival

For many people, money represents freedom, independence, security, and peace of mind. The topic of money can cause all kinds of trouble, and often has great impact on our relationships.

The simple advice to “make more and spend less” doesn’t always cut it, and we often find ourselves continually stressing over our finances.

As we age, many of us begin to appreciate more fully the saying, “The best things in life are not things.” We begin to look closely at how we spend our time, not just our money.

EXERCISE:

Where might taking “The Best Things in Life are Free” approach help you gain greater pleasure and allow you to pocket a bit more of the freedom, independence, security, and peace of mind you desire?

“You are financially secure when you can afford anything you want and you don’t want anything.”

—Attributed to an Art Buck

Image of coin and dollar bill

Image from Flickr by Rafael Gonzalez

Virtually every individual I have coached over the past 25 years has included financial security as one of their top goals. In most cases, helping them become more productive and successful and increasing their income was a top priority.

Clients often engage financial advisors and consultants to assist their efforts. Those efforts often include allocation and saving strategies for such things as education, retirement, special purchases, and other life events.

Surprisingly, only a modest number of these folks ever express a full and complete sense of security, even if their savings and investments would extend many years beyond their current life expectancy.

EXERCISE:

What shifts of mental perspective would help you earn more and spend or need less, to help you realize the sense of security and inner peace you desire?