“Chase purpose, not money,” says speaker, fellow podcaster, and business coach Patrice Washington. I immediately knew what she meant when I heard her say this. As a child, I grew up in low-income housing, exposed to teenagers pregnancy and gang violence. I watched the cycle of poverty, saw how people were content with that lifestyle. While I understand there are systems in place to keep people in poverty, I also knew that I wanted more. I was born to teenage parents, and my dad spent most of my life in and out of jail and addicted to drugs, so my mom, grandmother, and aunt primarily raised me.
As I grew older, I watched people work jobs they hated to pay bills, and I thought to myself, “There has to be more.” I asked myself, “How does someone stay in a job they hate for 10 years or more?” I overheard adults complain about work, become burned out, depressed, and feel trapped. Yet, they show up for work and are barely making ends meet each month. Unfortunately, many of them are still in poverty or simply unhappy to this day.
Patrice is the big sister and mentor I always wanted as she teaches from six pillars and lives by the 12th-century definition of wealth, which is well-being. She believes that wealth is more than money and material possessions.
Did you stop to think about if your mismanagement of money is tied to insecurities, voids, or unprocessed traumas? Until we deal with the broken areas of our lives, we can never be fulfilled or wealthy. For instance, people can’t make financially-sound decisions if they are seeking the approval of others and buying items to appear as if they are a part of a higher economic status. We see it all the time on social media when people are “stunnin for the gram.”
If you are unfulfilled, lack purpose, don’t have the money you desire or use your money to fill a void, consider Patrice’s six pillars.
You may think of being physically fit, but Patrice makes it clear that she is talking about being mentally and emotionally fit too. She says that it is our job to protect the vessel (mind, body, and spirit) that has to carry out our God-given vision. She encourages you to listen to your body so that you can be fit in all areas of your life to enjoy the wealth you are building. Perhaps being fit can be going to therapy, working with a life coach or eating a well-balanced diet. Remember, you can be physically fit and emotionally broken too.
Patrice says it all about creating relationships that matter and proposes the question, “What good is money if your relationships are subpar?” She reminds us that the grind to success is only enjoyable if you can share it with the people you love. Take a moment to reflect if you work so much and are not taking time to nurture the relationships you have personally and professionally. She says, "There is always someone watching you who has the power to bless you, but who are they watching you become?”
Wealth is about the ability to control and maximize your time, and since time is money, we need to make sure our space (home, car, and office) is set up to support us. Did you know that people spend an average of 55 minutes a day looking for things they own but can’t find? Most of us can’t find the items we possess because of clutter. Patrice says that “clutter is the physical manifestation of chaos in your mind.” Clutter is where energy gets stuck and prevents you from producing. So if you are a business owner, corporate executive, writer, or content creator, perhaps your environment is contributing to you being unproductive.
Believe in something bigger than yourself; that’s what faith is all about. Even though Patrice is a Christian, she does not force her religion on you, but she does encourage you to practice whatever faith you subscribe to and let it serve as a guide. She says her faith kept her going during the most challenging times, such as losing her home and previous business in the recession, and holding her newborn as he took his last breath. It is only by faith in God that she has been able to bounce back from those times.
This pillar is about living out your life’s purpose as Patrice believes all of us here for a reason. We all have a gift, skill, or talent to serve the greater good. When you know your purpose, it helps you to set the priorities for your life. Ask yourself, is your career set up in a way that supports your well-being and ability to live out your purpose?
The last pillar is money, and it may seem odd, but the previous components set you up to receive the wealth that you desire. Patrice is very intentional as she wants to ensure that you are ready to make money, manage it and multiply it. She knows that money is more than budgets, credit scores, and savings. Those are the things many of us know but can't do well because it is challenging for broken people to have a healthy relationship with money. If they haven’t addressed those areas of their lives, they tend to cover it with money and material possessions.
These pillars are my guide to building wealth in every area of my life to ensure I am whole. They can change the trajectory of your life. You can listen to Patrice’s episode on the Fireflies Unite podcast by clicking here or visit her website to check out her coaching programs and the Redefining Wealth podcast.