Finding your financial Ikigai: aligning investments with purpose in Australia
Craig Keary
Ikigai, often visualised as the intersection of what you love, what you're good at, what the world needs, and what you can be paid for, offers a powerful framework for Australians seeking financial independence. It encourages us to consider how our investments can contribute to a life of purpose, rather than solely focusing on monetary returns. This approach can be particularly relevant when exploring investment strategies, including online share trading.
In the Australian context, ikigai can be a guiding principle for aligning personal purpose with wealth creation. It prompts us to ask: How can my investments support my passions and long-term goals?
For many Australians, investing in shares transcends simple financial gain; it's about building a lifestyle – both with aspiration and practicality that enables them to achieve their financial goals and pursue money related dreams.
Online trading platforms have democratised access to global markets, empowering individuals to invest in companies that resonate with their values. This aligns with the "what the world needs" element of ikigai. For example, investors concerned about climate change can choose to invest in renewable energy companies, while those passionate about social justice might focus on businesses with strong ethical practices. This allows individuals to contribute to causes they believe in while simultaneously building their financial future.
Furthermore, the "what you are good at" and "what you love" aspects of ikigai can be explored through the act of investing itself. Individuals who enjoy learning about financial markets, analysing company performance, and understanding economic trends may find the process of trading fulfilling. The intellectual stimulation and the sense of control over one's financial destiny can be intrinsically rewarding.
The rise of investing platforms, Exchange Traded Funds (ETFs), and innovative brokerage platforms like Selfwealth has further simplified the process of investing. These tools empower Australians to integrate trading into a broader financial strategy designed to fund their ideal lifestyle. Whether that involves early retirement, travel, pursuing creative projects, or supporting philanthropic endeavours, online trading, when approached with discipline and a solid understanding of the market, can be a valuable tool. It can provide the financial means to achieve a deeper sense of purpose and fulfillment, allowing individuals to live a life aligned with their ikigai.
However, it's crucial to emphasise the importance of responsible investing. Financial markets can be volatile, and there are inherent risks associated with trading. Therefore, thorough research, continuous learning, and a well-defined investment strategy are essential.
Please undertake your own research and seek the appropriate advice.
Important disclaimer: SelfWealth Ltd ABN 52 154 324 428 (“Selfwealth”) (AFSL 421789). The information contained on this website is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser and/or accountant. Taxation, legal and other matters referred to on this website are of a general nature only and should not be relied upon in place of appropriate professional advice. You should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision.