Work/Life balance is bunk, says advisor

Happy Canada Day! Are you at work? Forget what your family and friends say ad: you could be ahead on the road to riches.

Forget what your family and friends say: if you're working at the office on Canada Day, you could be ahead on the road to riches.

While many extoll the importance of striking a work/life balance, top financial advisor and author John D. Spooner pours cold water over that notion.

Early in his career Spooner would head into the office during the weekend for a few hours. It was hardly a common practice but the parking lot was an accurate gauge for the type of people at the office.

"I always noticed when I did my weekend overtime that every car in the garage was the most expensive, high-end, top-of-the-line vehicle there could be," he writes.
In his book "No One Ever Told Us That: Money and Life Lessons for Young Adults," he argues there’s a clear co-relation. In order to get ahead you have to put in time and that means showing up to work when people are out on their patio enjoying a BBQ and a beer while celebrating the birth of our country.

It might not be fun but the rewards can be lucrative.

Especially for millennials, the work-life balance is something they constantly mention as important. While that's feasible, it won't make you rich.

"What this will turn out to be in the real world, if you want this balance, is that you will almost never be able to set yourselves free economically," Spooner writes.

Nearly all the billionaires he's known have been completely dedicated to their careers, he adds. "They don't or didn't really care about you or anyone else, wives, children, or friends as much as they cared about the hunt."

Of course, you don’t have to work on Canada Day, but for those that do there may not be many complaints down the road.
 

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