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Are you wealthy? How do you know? Do other people consider you to be wealthy? What criteria do you use to measure wealth?
Even the dictionary can give you only a vague description of what it means to be wealthy.
"Wealth is the abundance of valuable resources or material possessions," according to Wikipedia. What do you consider to be "valuable resources"?
In reality, concepts of wealth vary from person to person and from one period in time to another. What was considered to be wealthy in the 1950's is not the same standard used today.
So how do YOU measure wealth? Is it by the amount of money you have in the bank?
Do you measure wealth in tangible or intangible assets? Do you think time is worth more than money? No person with lots of money in the bank, on their death bed ever said, "I wish I had spent more time at the office."
Or is wealth more about happiness, a feeling of satisfaction, fulfillment, being loved and accepted and recognized for who you are and what you can contribute to society?
Or might it be a combination of the tangible and intangible things that make up your definition of wealth?
Does success guarantee wealth? Does being wealthy mean you are successful? That depends on YOUR definition of success and wealth.
Join your host, Teresa Beeman for 30 minutes of in-depth discussion on The Measure of Wealth. Celebrate YOUR Success airs Mon-Thurs at 9:00 am Eastern time.
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It's good to talk.