Raising a child requires money. Lots of it. The average cost of raising a child from birth to age 18 is $250,000.
All kinds of advice is available for investing it once you start to make and save money. Some of it is helpful, some of it is not. The crux of the matter, though, is making it in the first place; how you make it, then what you do with it.
Having a child to raise adds pressure to the creative process of making money. Here are 4 core wealth creation tips:
(1) Have a keen eye to understanding this pressure can happen at the onset of parenthood. It is a preemptive strike against the slide into the denial of what is required to maintain happiness in the money creation process.
(2) Peace of mind is central to any happiness arena. Guard it jealously.
(3) A thorough investigation of the tools you require to maintain your peace of mind, which feeds your feelings of well-being and wealth, is necessary. Without a proper look at what’s available and needed for feeling truly happy, we fall prey to unhealthy shortcuts such as too much alcohol or too many drugs. We succumb to ignoring or bullying the child or being bullied by the child! We fall into dismay and desperation about cash flow and career choices.
(4) One of the most powerful tools for honing happiness in the creative process, be it money or anything else is meditation. There are many ways to practice it. Some prefer to skip meditation and go straight to intuition and bliss.
Then there is the fun of where and how to engage your practice; sitting in a chair, reclining in a hot lavender scented bath, facing the ocean, against a tree in the back yard or in the forest…. The possibilities are many. Connect with from where money and happiness really spring forth!
How do you maintain your wealth creation peace of mind?
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