Work/Life balance is bunk, says advisor

Work/Life balance is bunk, says advisor

Work/Life balance is bunk, says advisor 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.
  • Eric Harrison 2015-07-01 10:40:47 AM
    These same men (mostly) have little to NO relationship with their kids. You make choices in life. I choose my kids!!
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  • Arthur Salzer 2015-07-01 11:08:41 AM
    Will, good to see you working! Enjoying the comforts of my home office today "as it's never too late to work 9 to 5".
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  • Bob Shewchuk 2015-07-01 3:42:56 PM
    I agree accept the 2nd last paragraph. I have done well over the last 30 years and I'm working for a few hours today before I go out with my family.You do have to be passionate and dedicated to your work to be successful. But most very wealthy people I know care deeply about their family and close friends. If not what do have left after the hunt? Divorced, screwed up family, no real friends etc. No thank you...
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