Investing in your health now will pay dividends for the rest of your life. Coming off an unprecedented year of stress, uncertainty and upheaval, think about how to move back into a life focused on positive health for a stronger you.
Even if you’re in good shape financially, we’re still navigating through an unprecedented period of COVID-related stress. To help you tend to your personal well-being, we are sharing insights from Dr. Ari Levy on new perspective on health and well-being.
You’re not a pessimist. Rather, it’s how you learned to view the world in law school. Your credo goes something like, “First, find the downside,” as you represent your clients’ best interests. It’s why they engage you.
It’s wonderful to have a meaningful career, a fulfilling home life, a busy social calendar, and ample assets, right? Then again, we all have days when we wonder why everything has to happen all at once. And that’s just in our personal lives. Simplicity is a virtue for all your personal and professional pursuits; it certainly applies to your financial interests.
At the end of the day, it’s not as much about the money as it is about what your wealth is worth to you. In financial terms, what your money is worth to you is referred to as your marginal utility of your wealth – i.e., not whether additional wealth might be achieved, but whether it needs to be. Would additional wealth impact the quality of your life in a meaningful way?
There is a potent mix that lets you build a sturdy safety net so, should worse come to worst in your career or business, you can preserve your human capital and live to fight another day. At the same time, you retain a concentrated degree of higher-expected return holdings, so you can still expect to accumulate additional wealth toward achieving your long-term goals.