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True Wealth Defined

February 7th, 2010 at 06:10 am

What do most people think of when they hear the word wealth ? Perhaps Donald Trump or Warren Buffet or a famous actor or singer . Oprah or Dr. Phil, maybe they even fit the "Wealth chart " ? Is wealth the sum of net assets over 100,000 or is it 250,000 ? If not then for sure the grand some of 1 million thats got to be true wealth ! Are many hard working people trying to obtain wealth without knowing what it looks like ? Ive noticed since my pursuit of wealth that many people have a very poor wealth IQ or none at all, and boy are they easy to offend too. Why I must ask are most hard working people so touchy about wealth. Many work harder & harder some even take on overtime, 2nd jobs, promotions , and on and on it goes , but can wealth be gained that way ? They chip away at debts with a structured & diciplined budget . They slowly mount there savings with a 20 here or 40 there process designed to provide a retirement at age 60-70 give or take. Well any of this produce wealth ? Its getting late & ive been known to ramble a bit sort of ! So i say lets discuss this more tomorrow ! I dont like giving my opinion of wealth although its not a opinion its based on fact. I notice many of my fellow finance bloggers are not just on a different page then me , but some are in a different book on another planet in a different galaxy ! Im curious to see any comment on wealth. How to obtain it, how does one know when they have . Yes ,i do know the correct answers & am living those out by actions. I will write " True Wealth Defined Part 2 ". May you have a wealth producing night... from 3in1energy

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