For many people their sense of self and happiness depends on just a few outlets.

The danger is if that their primary sources change, there are no options to switch to.

Instead, diversification is key—create a broad foundation based on multiple sources of happiness and purpose.

No reputable financial advisor would suggest risking your entire life savings on a single stock—like the old saying, Don’t put all your eggs in one basket. Still, many people who might follow this financial advice often ignore it when it comes to their daily lives: their self-esteem may depend on whether they get promoted to VP at work, or their success as a parent is tied to their child getting into an Ivy League college or making the varsity football team; or, their social ties might rely on a single close friend or partner.

Just as putting all your resources into one stock is a recipe for financial disaster, relying on only one or two baskets to hold your emotional needs can lead to trouble if those baskets are tipped over: your........

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