Aging, Basics, Couples, Estate Planning, Parenthood, Wellness

The family mission statement – what is it and how to craft one?

Author picture

Written by

altruWisdom

Instead of setting resolutions, we challenge you to try a different approach to set your intentions for 2019. What is the “why” behind your actions and relationships?

“A family mission statement is a combined, unified expression from all family members of what your family is all about – what it is you really want to do and be – and the principles you choose to govern your family life.” – Stephen Covey

A family mission statement isn’t a common tradition, but it should be. Just as companies explicitly set out their purpose for being, it is beneficial for a family to unite around a common goal that goes beyond simply surviving day-by-day.

Consider some of the inputs that might inform your family’s mission statement. What is your idea of your best life? What contribution do you see your family making as it grows? What are the guiding principles which inform all of these decisions? What are your overarching goals and standards? In short, what is your purpose?

The process of reviewing the questions outlined above will generate rich and meaningful conversation designed to bring everyone on the same page. You will discover beliefs your family holds that you may not have been aware of. Also, reviewing your common values and reinforcing them annually is a strong preventative move to help keep each other on the right path. Families tend to scramble in times of crisis and having a ready foundation is a much wiser approach.

This kind of conversation can be awkward, but we encourage you to give it a try. It will be a lot of fun and will really bring everyone closer together.

Does your family have any unifying beliefs that they follow? How do you preserve them?

To lead your family to prosperity, financial freedom and independence, you will need to complete Building your Leadership Skills Checklist.

Related Post

attachment-62001ea54430330abaa23308
Basics

How do our emotions affect our money decisions? In a bigger way than we expect! In this article, we dive into ways that our…

attachment-6109c03629dc1450ad2a42fd
Basics

How do our emotions affect our money decisions? In a bigger way than we expect! In this article, we dive into ways that our…

attachment-6054df2848446c15926eb493
Basics

This is a set of the most impactful and helpful questions to ask in order to identify your partner’s money story and complete a…