Health and Fitness
Source: (remove) : Moneyweb
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Health and Fitness
Source: (remove) : Moneyweb
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Thu, March 27, 2025
Sun, January 12, 2025

The life and wealth pendulum


Published on 2025-03-27 23:03:33 - Moneyweb
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  • The factors influencing our wealth and lives behave like a pendulum in many ways. Both external and internal factors influence our lives. Emotional trauma, physical health, market volatility, capital losses, the fear of insufficient funds for retirement, the loss of a loved one, the news of a terminal illness, divorce, retirement, the list is long.

The article "The Life and Wealth Pendulum" by Warren Ingram, published on Moneyweb, discusses the dynamic relationship between life stages and financial management. Ingram uses the metaphor of a pendulum to illustrate how one's focus shifts between personal life and wealth accumulation over time. Early in life, individuals often prioritize career and wealth-building, which might lead to neglecting personal relationships and health. As people age, the pendulum swings towards spending more time with family, friends, and on personal well-being, often at the expense of aggressive wealth accumulation. Ingram emphasizes the importance of balance, suggesting that while it's crucial to build wealth, one should not overlook the quality of life. He advises that financial planning should include provisions for enjoying life at different stages, ensuring that the pendulum swings in a way that enriches both life and wealth. The article concludes by encouraging readers to reflect on their current life stage and adjust their financial strategies accordingly to achieve a harmonious balance.

Read the Full Moneyweb Article at:
[ https://www.moneyweb.co.za/financial-advisor-views/the-life-and-wealth-pendulum/ ]