Focus is good. You can direct all your energy and attention to the one thing that matters. Everything else is secondary. Could that be bad?
I do think it can be bad, it can be the root of all evil.
Imagine, you only focus on your savings rate. You will do all that it takes to crank up this number. Always higher, always more. This leads to a net worth that always has to go up.
Imagine that your savings rate or net worth stays flat. Or DRAMA, ticks down a few months in a row. Will that make you feel bad? I guess it will. And it should not. Life is more than a number.
When I am gone, will people remember me because of my silver ass savings rate? Or me hitting FI and living of investing? I do hope there are other things.
I prefer big time to be a super dad and granddad that passed on a great life philosophy, that raised smart and polite kids, independent. A friend that was there for his friends and had fun. None of this is measured in the SR nor via the amberindex nor via my passive income.
And yet, those are the only 3 things that I measure. Does that mean I do it all wrong?
I do understand how these 3 measures will contribute to my end goal, so, it is good to keep an eye on them.
How about fun? How do you measure that? And being a good dad, what is the best formula for this? No clue… Has anyone an idea?
Or maybe, we should not measure at all, enjoy it all and trust the system…!