About four months ago, Kenric of Live Learn Invest emailed me with a question. He has just written about post about non-financial goals and asked me “Do you have non-financial goals and how do they affect your financial goals?”
In his post he gives examples of some non-financial goals: visiting the Grand Canyon, climbing Mt. Everest, sailing around the world. I’d like focus on these goals because they have a financial prerequisite. Kenric brings up a great point in his point that having these goals in mind allows you to focus your attention on the task. For us, we’d like to have a newer construction house in the suburbs of Boston. I imagine my wife and I hosting a BBQ, with people playing bocce and some smoothing jazz in the background. Owning a house with enough land to accommodate this scenario requires financial planning and forethought.
When I started Lazy Man and Money, I hadn’t put specific thought in my non-financial goals. If you could call it a non-financial goal, I aimed to have the financial freedom to explore other goals that I knew would have financial prerequisites. As I mentioned yesterday, I knew that money was a tool in my quest for happiness. Here are some thoughts on some non-financial goals in the upcoming years.
- Housekeeping Service – We are expecting to get a house keeper this week. We are hoping to get a great recommendation from someone in San Mateo County. This will give me and my wife one less thing to argue about (remember that I’m Lazy for a reason) and a few more precious hours on the weekends.
- Early Retirement – This is one our bigger goals.
- Trips to Europe and Australia – We’d love to take multiple months off to do all the tourist activities.
What non-financial goals with financial prerequisites do you have ?