Balancing Wealth and Well-Being for a Fulfilling Life

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Dr. Preston Cherry Ph.D, AFC®, CFT-I™, CFP® | Entrepreneur | Coach | Speaker |

Summary:

Dr. Preston Cherry offers a thoughtful exploration of the connection between wealth and well-being, showing how the two work together to create a fulfilling life. He discusses the importance of aligning financial decisions with what truly matters to us, offering insights on how money can support well-being when used with intention. Dr. Cherry also challenges the common belief that money and happiness are disconnected, explaining how our values and personal stories guide our financial choices. He highlights the need for creating financial plans that reflect who we are, rather than simply focusing on numbers. As he reflects on retirement, he redefines it as a transition to meaningful work, rather than just an endpoint. The conversation closes with a discussion about how faith, time, and relationships play a key role in finding balance and purpose in our financial lives.

This thoughtful conversation invites the listener to consider how their relationship with money can be reshaped for a more meaningful, intentional life.

Highlights:

• Faith, time, and meaningful relationships are key elements in finding financial harmony and living a happy and healthy life.
• Wealth and well-being are distinct but related partners in creating a fulfilling life.
• Aligning financial outcomes with well-being is key to achieving true flourishing.
• Money can contribute to happiness and well-being by providing resources and opportunities.
• Understanding our values and stories helps us make intentional financial decisions.
• Retirement is not just about retiring early, but about retiring on time and transitioning from work that is necessary to work that is desired.

Quotes:

• “Wealth and wellbeing are distinct but related partners to help you create and achieve your life’s design”
• “Wealth is dollars, which goes into investing into well-being. There is a difference”
• “Without knowing ourselves, it’s hard to assign those dollars in the areas”

Links:

• Dr. Preston Cherry’s Upcoming Book Pre-Order: CLICK HERE
• Concurrent Financial Planning: CLICK HERE
• Life, Money, Balance Podcast: CLICK HERE