When you hear the word wealth, you’ll probably associate it with having lots of money. But what is money and how does it actually fit into the big picture of wealth?
In the simplest explanation, money is actually something you use as a form of payment – be it in paper, coins, plastic cards, cheques, bank transfers, et cetera – in exchange for a product or service you require.
It is an updated version of the barter trade that was used ages ago. The major difference is that barter trade involves the exchange of goods, which are perceived to be of similar value without the use of any form of payment. Money is actually a simple tool but has been complicated by today’s economics. Its value varies in different countries according to the amount, currency and assets it is weighed against.
To be wealthy in monetary terms goes beyond just having lots of money. It means being completely financially stable and not having to work vigorously for a decent meal or paycheck to survive. It also means being in complete control of your money and not allowing your money to control you.
However, wealth is not just about having lots of money. Wealth encompasses many great dimensions such as knowledge, creativity, relationships, love, wisdom, courage, success and all the good intangible values. The worth of a person, although human beings are intrinsically beyond valuation, should not only be defined by one’s material wealth, monetary value, possessions or other physical factors.
The original draft of the American Declaration of Independence has the phrase, “… and the pursuit of Property” stated as one of those inalienable rights of Man. I am in agreement with the change to its current version, “… and the pursuit of Happiness”, whatever its reason.
A person’s wealth should be defined by one’s intangible, intellectual or aesthetic achievements, one’s use of the freely and abundantly available resources to fashion something better, one’s discoveries of new conceptual or real vistas, one’s selfless service rendered to a fellow human or to life or to a good ideal.
But the greatest wealth any human being can possess is the wealth of freedom. Not just any kind of freedom but the kind where any child, woman and man are freed in the truest sense of the word ‘free’ from every unnecessary or undesirable chain, prison or shackle imaginable. The truly free shall never have to work on something they hate just to put food on the table, but are free to pursue whatever gives them the healthiest, fullest pleasure and passion.
Only when you are able to grasp this fundamental essence of wealth will you be able to command it.
Top 5 Theoretical Principles of Success
You've probably heard of Stephen Covey and his bestseller, "Seven Habits of Highly Effective People". While his 7+1 habits (the 8th released quite recently) are good on their own, I have taken the liberty to take 5 principles from another time tested system, tested their validity on other existing success stories and evolved them to universally apply to this day and age.
Top 5 Qualities Of Successful Achievers
Are you living your life by design like successful achievers or by chance? Successful achievers are able to live the lives they want by design because they possess certain qualities that normal achievers do not. They are able to get things done, achieve phenomenal success and best of all, find ample time to enjoy their life by design. But you’ll probably be asking exactly what are these qualities that successful achievers have?
How To Bounce Back From A Closed Mind & Negative Thinking
A mind closed is like an ineffective parachute. The mind should be open to function, like a parachute. A closed mind – or its worse complement, a hard, emotionless heart – is the greatest obstacle to personal growth. In fact, it is one of the most detrimental obstruction to your personal success. It makes you static instead of dynamic. No change is taking place, no transformation is possible.
