Financial goalposts

by Tim Walsham, Claritas Wealth

We only have to turn the clock back in our lives by 10 or 20 years and it’s likely that our financial goalposts have shifted.

The lifestyle that seemed fine at the time has been superseded by a ‘superior’ one that probably costs quite a bit more money.

It’s very easily done. We earn more money and advertisers and marketeers set to work to make sure we spend it.

Before we know it we have a new ‘baseline’ that we need to financially live up to.

Getting these financial goalposts to stop moving is a superpower that creates satisfied, comfortably wealthy individuals and families. If we can reach a level of comfort and satisfaction in our lives and either stop there or at least slow down the ‘lifestyle creep’, we probably have the recipe for happiness. 

How we do that is another matter!

Self-reflection on where we came from and where we’ve got to can help. It’s easy to lose sight of that. 

I’d be really interested to hear your thoughts about this. Please do get in touch.