How much money will you need to be financially secure, independent, or free ? Is it $1 million ? $5 million ? $ 500 million? This was a question that Tony Robbins asked in his recent book “Money, Master the Game”.
He shared that dreams may not be as unreachable as it seemed, but because we are constantly seeking significance, comparing ourselves with someone else so we never feel fulfilled. There’s always someone bigger, taller, stronger, faster, richer, funnier, younger, more handsome, more beautiful , with a bigger yacht, a nicer car, a nicer home.
He gave an example of how he helped his would-be billionaire friend identify the real price of his dreams. His billionaire friend dreamed of owning his own private jet and island. Tony sat his friend down to work out how much money it cost to buy and maintain a plane and how much he thinks he would fly for a year. They concluded that he only need $500K if he wanted to fly by Gulfstream on every flight, this is still far less than the annual price of maintenance on many jets and at a cost that would be less than 1% of the cost of buying that Gulfstream. They also concluded that if he and his family were to rent an island resort every year for a decade with 50 staff taking care of them, it only cost them $3.5 million vs $30-40 million, with no work to maintain the property.
Tony wanted to show his friend that he could still live the extraordinary life he was dreaming of for 99% less money than he thought he needed. At the end of the day, money itself is not a goal, the places money can take us, the time and freedom and experience and opportunity money can bring, these are what we are really after.
What is the price of your dream ?