In our day-to-day lives, it’s easy to get lost in the details of our routines and fall into patterns that perhaps are no longer contributing to our happiness.
It’s probably not something new because Aristotle, the ancient philosopher, also noticed this and spent much of his time on a philosophy that he called ‘Eudaimonia’. According to Wikipedia, Eudaimonia is a Greek word translating to the state or condition of ‘good spirit’, and which is commonly translated as ‘happiness’ or ‘welfare’. In the works of Aristotle, eudaimonia was the term for the highest human good in the older Greek tradition.
In line with our belief at Victus Group that financial planning is as much about managing behaviours as it is about managing assets, we like to think about creating a diversified strategy not just for your portfolio but also for your happiness—your own personal Eudaimonia.
This requires us to reimagine some of our traditional financial planning conversations.
Traditionally, the financial dialogue has been centred around questions like, “How will my assets grow?” or “What will my retirement look like?” These questions, while important, only paint half of the picture. More holistic conversations are emerging that ask not just how we can grow our wealth, but also how we can leverage it for a fulfilling life. These questions are not always easy to answer, but they set the stage for deeper, more meaningful engagement with our wealth and our lives.
Here are some ideas!
Recent research suggests that physical activity has a more profound impact on our happiness than financial wealth. As the weather warms, let’s break the inertia. Exercise is not just about physical health; it’s a powerful enabler of mental well-being. However, the key is balance—too much or too little of anything, even exercise, can be detrimental.
Experiences Over Possessions
The next time you contemplate upgrading your car, consider whether that money could be better invested in experiences that bring lasting memories and deeper relationships. A getaway with loved ones, a picnic in the park, or even a simple evening at the movies can offer long-lasting emotional dividends. At Victus, we often say that wealth isn’t merely about accumulating assets but accumulating meaningful moments.
Connect With a Cause
While we often talk about diversified portfolios in a financial sense, diversifying our emotional and spiritual investments is equally important. Whether it’s community service, mentorship, or simply helping a neighbour, there’s profound happiness in contributing to something bigger than yourself.
At Victus Group, we believe that financial planning should serve as a gateway to your life’s higher objectives. We’re here to help you navigate both your financial and personal journeys, ensuring that your wealth serves not just as a financial resource but as a tool for holistic well-being. As you diversify your investments this Spring, don’t forget to diversify your paths to happiness too, because the ultimate ROI is Eudaimonia.
Would you like to take the first step in your journey towards Eudaimonia? Contact us today.