What is Wealth?

What is wealth? 
 
This is the first question you should ask.
 
At My Wealth Learning, I believe that wealth covers not only money but much more besides: I define wealth as abundance in our lives.  

 
For everyone that means something different: a poor person who struggles to afford to eat every other day could consider a hot meal every day to be wealth; a single person might describe meeting their soul mate to be wealth. We have wealth in our families, in our bank accounts, in the health of our bodies, in having the time we need to do the things we want; in the spiritual aspects of our life; in having fun; and in many other facets of our lives.
 
On the path to wealth, growing your bank account may be part of the journey but it's also about finding a balance in your life where abundance is a normal state of life.  For example if you could work for a company that you hated in a job you despised but made a MILLION dollars a year…would you? I don't mean a job you dislike but one you get sick thinking about...one that goes against everything you believe in. Would you trade your time and values for simple dollars?
 
Wealth is about finding that point in your life where you have abundance: an abundance of joy, an abundance of money, an abundance of time, an abundance of health, an abundance of spiritual contentment.  Most people spend their lives in trade-offs: they may have an abundance of money but trade their time at a job that doesn't inspire them; some focus only on spending their time on what they want and suffer from a lack of money sufficient to share with others.
 
Wealth isn’t just a bank account number: if it was, lottery winners would be the happiest people in the world, but we know they aren't.  Wealth is an attitude.  Wealth is meant to be shared.  When we share our wealth with others we create more - we do not live in a world with a fixed amount of wealth: wealth can be created by us by bringing value to others and by giving our time and expertise to others so they can spend more time on the things that inspire them.
 
That’s what My Wealth Learning is all about: I want to provide you with the inspiration and the information you need to become wealthy.
 
A major part of your path to wealth is your mindset - you need to know exactly where you are now and where you want to be in the future: so sit down, clear your mind, take a few deep breaths and relax your shoulders.  Answer the following questions and rate yourself from 1-10 with 1 being absolutely horrendous and 10 being perfect.  (You don't have to show your answers to anyone else, so be honest with yourself):

1. Do you have strong relationships with your friends and family? Having a strong support structure is a major building block to a wealthy life. Do you have troublesome aspects in your relationships that you haven't addressed yet? Are there actions you could take to improve things?

2. Are you healthy? Do you try to eat healthy foods, exercise regularly and take care of your body and mind? I’m not suggesting you can’t indulge yourself in things you enjoy but make sure it isn’t to the extent that you threaten your long-term health.  Do you have mechanisms for dealing with the myriad of stresses and challenges that life throws at you? It doesn't matter how much money you have in the bank if you aren't able to enjoy it because of ill health or stress.

3.  Are you making maximum use of your time?Do you get the most out of your day? We all have the same amount of time in the day, but some people maximise their use of it: they seem to operate in a different zone than the rest of us. Do you feel like you have good systems in place to have an abundance of time in your life? And money is more than just a measure of dollars and cents: think about how you earn it - is it a good trade for your time? 

4. Do you have enough money? Money isn’t necessarily the most important aspect of a wealthy life but not having enough can be a terrible place to live.  Money is only a medium of exchange: in itself it's useless but it can buy us things that we need such as food and somewhere to live and also things that we want like a nice car, beautiful jewellery, a scuba-diving holiday or a sky-diving course in Thailand.  But we should also use some of our money to help others who are struggling and to provide for charity, not just look after ourselves.  Do you have enough money not only to do what you want to do when you want to do it, but also to help others to enjoy a better life too?

5.  Do you appreciate the wonder of the world we live on and the cosmos of which it’s only a tiny part? Whatever personal bent you may wish to put on it, it’s vital to enjoy the splendour of the world we inhabit and all the amazing experiences it has to offer.  Do you take the time and effort to reflect and to be grateful for everything around you?

Once you have answered these questions, you have a good idea of where you are starting. Just remember that each aspect won’t have the same importance for everyone. It is your personalised pentagon of true wealth: the sides can be in any ratio you want. 
 

At My Wealth Learning we will be looking at where we want to go from here: much of what I will be chatting with you about will inevitably involve the financial part of your life and how to grow your financial wealth but I'm also intent on providing you with the opportunities, information and inspiration to grow your wealth in all the aspects of your life and those of your family and friends.

 

Freely adapted from an original article by Scott Lovingood of The Wealth Squad Inc. 

Article Source: https://EzineArticles.com/expert/Scott_Lovingood/362510