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I have my own personal definition of wealth, which is "net contribution - net consumption". The bigger the gap you can create, the greater the wealth you experi
by burningion 16y ago
I have my own personal definition of wealth, which is "net contribution - net consumption". The bigger the gap you can create, the greater the wealth you experience.
Lasting wealth can only come from a pattern of giving much more than you take.
Simply making a habit of creating and contributing without looking at what you get back is the first step. Then creating the pattern of minimizing your personal needs is second. Managing risks and continuing to value things intelligently comes final.
I don't define true wealth as a numerical value. I think merely appreciating any moment in time can create true wealth.
However, I think us humans are builders and creators. We like to make new things, and coincidentally, everyone I know who is happy creates things. So no, I don't think you can be static, sitting on a pile of cash doing nothing, and still feel "wealthy".
...But I may have something wrong with me. Or I just might not have met that numeral that truly makes me feel wealthy. But then again, I am very skeptical of the power of money to make me feel wealthy. I just like to use it as an (inefficient) measuring stick.