Finding financial success through a purposeful life: Achieve financial independence, buy dividend paying stocks.
What are the things that get you up in the morning? The reason you go to bed on time and the first thoughts that enter your mind when your feet hit the floor each day?
Many people can find themselves burdened by a routine, which may entail a job that has lost its luster, and any number of other gatherings of dust and mental debris.
I want to invest in companies that are paying dividends, and can continue to grow them over time to help build my assets towards financial independence and eventual total financial freedom(by this I mean, my income from the dividends can completely cover anything I could realistically ever buy or need).
To set this plan in motion, it takes time, and a self-driven focus and mental directive that can countervail any obstacle.
It takes purpose.
A storehouse of secret strength to endure the temptations of spending more, spending more to buy less, buying less to receive little. To receive little for the value of your hard-earned sweat-driven money is to undervalue the time it took you to earn them in the first place.
“I’m not in search of sanctity, sacredness, purity; these things are found after this life, not in this life; but in this life I search to be completely human: to feel, to give, to take, to laugh, to get lost, to be found, to dance, to love and to lust, to be so human.”
― C. JoyBell C.
All we have is time, and we all share it equally. From the highest steps in the grandest of courts to the lowest dregs in the poorest slums. We can all choose what we do, how we set our minds to task out the hours in our days.
Take the time to look around you, what do you truly want to do with your days? If money was no object, what would make you object to how you had to spend it.
Once you can stoke the fire of investing inside, and start to realize the power of your earned income being set aside to help you live the life you want, for no other purpose than to lead to what you want to do with your time, and who,what,where and how you spend it, nothing can stop you.
To use a point about cooking and food, since we all need to eat everyday. There are people who measure success by buying bread making machines to have fresh-baked bread everyday, but who needs 10 machines that can make ten loaves when you could make one high quality loaf of nice artisan bread, and have it feed you just as well for that same time(each day’s worth of bread)
Consumerism is the idea that more happiness obtains from cooking more.
They both will feed you, but you don’t need the extra. It is a point to take to heart, it’s not about buying more/making more, but buying better, and more in line with what you need. Having a better recipe. More on this topic can be read about here.
To live with purpose, you also need a plan. What you are investing toward, what you need the result to do, to give you. My goal is to have the dividends I receive cover my expected financial needs, and provide for a reasonable level of unexpected wants and unexpected needs.
“You think that money is everything
And yet it’s anybody’s spring
Go make a fortune, become a king
And still it’s anybody’s spring…”
– It’s Anybody’s Spring (song)