Billionaire entrepreneur, Paul J. Meyer says there are 6 spokes on the "Wheel of Life." They are, in no particular order:
- Spiritual & Ethical
- Family & Home
- Financial & Career
- Physical & Health
- Mental & Emotional
- Social & Cultural
Balance is very important in our lives and giving total focus to any one area is, generally speaking, not a good idea. However, as we move through this wonderful experience we call "life" there are times when it is necessary to place more emphasis on one area above another. We all understand that spending all your time working so that you can get ahead financially at the expense of your family and health will not get you where you want to go – even if you end up being a multi-millionaire. If you spend all your time at the gym, and come out looking like a young Arnold Schwarzeneger or some famous female you admire, it will not do you much good if you can not afford to put a roof over your head.
Attending to school for your Associates Degree, Bachelors, MBA, PhD or beyond is a worthy goal, but is being a "perpetual student" (sometimes partying with your friends and living on rahman noodles) going to give you the family and community involvement that Brings true fullness to your life? Having said all that, I go back to my point that there are times when one area of life requires more attention than another. Which of these six areas is it that you want and / or feel you need to focus right now? Is it Financial & Career? Physical & Health? Spiritual & Ethical? Family & Home? Mental & Educational? Or Social & Cultural? In these economic times, many feel the need to put more emphasis on the financial and career spoken in the "Wheel of Life."
So, for now, that is where I will focus also. That's not to say that I will not throw in a little blur about what you're doing with your mind (books and CDs etc.), body (food & exercise), spirit (I will not discuss your religious beliefs or lack Thereof), family or community, and how it relates to your finances, but let's face it, right now, many of us are forced to make some tough decisions about money – where it's coming from and where's it going. So, stay tuned as we discuss how, no matter where you are in your life right now, you can make positive changes – earn more and spend less.