When setting goals, many people dream of mansions, private jets, and Ferraris. But there is a lot to be said for having a well-balanced life. This is the primary ingredient to a life of happiness and contentment.

Evaluate your life and measure how balanced your life is.

DO YOU HAVE SUFFICIENT INCOME TO MEET YOUR NEEDS?

This goes beyond having enough money for housing, food, and clothes. Do you have enough income to meet your basic needs and to pursue your hobbies, take a nice vacation, and splurge on yourself from time to time?

HOW IS YOUR SOCIAL LIFE?

Are you able to get out of the house as much as you’d like and spend quality time with others? If you’re a loner, you might only need a couple of friends. A social butterfly will require more.

ARE YOU SPIRITUALLY FULFILLED?

You might not need to live like a monk on a mountaintop, but perhaps you need a few hours alone in a peaceful location each week.

ARE YOU RECEIVING ENOUGH LOVE?

Love can come from a variety of sources. Parents, children, significant other, close friends, and pets are a few sources of love. Are you getting enough?

ARE YOU HEALTHY?

If your health is limiting your life, is there something you can do to strengthen it?

IS YOUR CAREER EVERYTHING YOU WANT IT TO BE?

A job that makes you miserable taints the other parts of your life, too.

HOBBIES. WHAT DO YOU DO OUTSIDE OF WORK AND YOUR FAMILY TIME?

Do you feel that you’re developing as a person? Do you have the free time you need to pursue your other interests?

Feel free to add other categories that matter to you.

Take the time to rate each item on a 1-10 scale. Any items rated 3 or less require immediate attention. If your income is rated a 7, but your social life is a 2, you’ll be much happier by enhancing your social life than you will by increasing your income further.

Make an effort to get every component of your life up to at least a “5.” You’ll be glad you did!