According to my friend, Robert Kiyosaki, ‘Wealth is the number of days you can survive forward if you stop working tomorrow.’
To me, wealth is more than just about staying alive. It’s about having a life.
Have you heard of the poor man with lots of money but nothing of lasting value? Sad, isn’t it?
The root word of ‘wealth‘ is an archaic English word. It is a combination of ‘wela’ which means well-being and ‘th’ which refers to ‘condition’.
Wealth in essence refers to the condition of well-being. It is a state of the body, soul and spirit.
Wealth also includes physical, emotional, social and environmental well-being.
Being wealthy is to have the resources to live a meaningful, exciting and fulfilling life.
More importantly, it is having adequate resources so that your loved ones and the people you want to help can enjoy a great and purposeful lifestyle.
Wealth is not just about money. It’s also being rich in spirit, compassion, and contribution.
Being rich is to have the money and material possession to achieve the same aspiration. It is just as important to be rich in action, service and contribution.
To be wealthy, you need more than riches.
To me, an asset is anything that grows my wealth. A liability is anything that decreases my wealth.
In other words, your property, car, savings, and other possessions may not be an asset. They can be a liability.
Wealth is a tool to help you fulfill a worthwhile vision.
I believe if you don’t have money, you can still work towards becoming wealthy.
However, if you don’t have a dream, you will be poor forever.
That’s the reason why I believe the greatest poverty is a poverty of dreams.
The greatest problem in investment is not a lack of money but a lack of dream, skills, and confidence. When you have these three qualities, you will be on the way to create wealth and enjoy life.
Henry David Thoreau phrased it aptly, ‘Wealth is the ability to fully experience life.’
Do You Want Money?
I realized none of us – including myself – want to have money. We don’t need money.
If I give you all the money in the world but you cannot see, touch, or use it, do you still want it?
My point is this, you don’t want money. You only want what money can do for me.
In other words, if you don’t know what you want to do with money, you can’t be truly rich.
If you don’t know how you plan to use your money and what you want to contribute to in your life, you will never be totally motivated to create lasting wealth.
You do not want to be like the person who spent the best years of his life to make money and then spent all his money to try and recover the lost years in his life.
Socrates once said, “If a man is proud of his wealth, he should not be praised until it is known how he employs it.”
The person who craves for too little wealth is as pitiful as the person who is obsessed about too much. The question that begs to be answered is, ‘What do I want to do with wealth?’
Many people tragically do not believe they can be wealthy. They do not know why they want to be wealthy and what they want to do with their money.
When friends told me they knew what they could do with lots of money, I would look into their eyes to ascertain the truth in their statement.
Many did not believe in what they said. They have absolutely no commitment, the kind of dedication that will make sacrifices and pay a high price to be wealthy.
There is no passion in them. They were uttering merely words.
Hence, it is important to keep asking yourself, “What is My Compelling Reason To Be Wealthy?”
Do you have a purpose that is so important – that you’re so passionate about – that it will drive you out of bed every morning in pursuit of wealth?
If you know the ‘why’, you will find out the ‘how’. It is your purpose that will drive your performance.
Even when you have found a compelling purpose; every now and then, the fire within you will die down. you need to rekindle it.
With a burning desire, your dream of great wealth cannot but must come true.
Will you join me to create wealth so as to help others live a better life and make the world a better home?
I hope this message will find a place in your heart.
By the way, I have also recorded other reflections.
Please ‘Like’ me on https://m.facebook.com/patrickliewsg
Please visit my website, http://www.patrickliew.net
Follow me on:
Visit my Inspiration blog at https://liewinspiration.wordpress.com/
For my opinions on social affairs, please visit my Transformation blog at https://hsrpatrickliew.wordpress.com/
Let’s connect on instagram.com/patrickliewsg – via @patrickliewsg
– via @patrickliew77
My Quora https://www.quora.com/profile/Patrick-Liew-5?share=24abf3c1&srid=uL2Gz Please read my reflections and continue to teach me.
Life is FUNtastic!