What is wealth?

“Being rich is having money; being wealthy is having time”

- Margaret Bonnano

What is the most valuable thing one can spend?

Time!

- Theophrastus

What creates wealth?

Wealth, like most everything else in your life is about YOUR worth, intention and resolution.

What is not wealth?

One may have millions of dollars, but still feel poor.

Or one can make millions of dollars and spend it all in hopes of feeling wealthy.

What is important?

We live in a very materialistic world and need money to exist. A proper balance of emotional and material wealth creates a fertile ground for a secure and content life.

Wealth is a state of mind!

 

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FOR YOUR INFORMATION (FYI)

According to the Social Security Administration; take any 100 people at the start of their working careers. Follow them for 40 years until they reach retirement age, and here’s what you’ll find:

- Only 1 will be wealthy.

- 4 will be financially secure.

- 5 will continue working, not because they want to but because they have to.

- 54 will be dead broke – dependent on their meager Social Security checks, relatives, friends, and even charity for a minimum standard of living.

- 36 will be dead.

- That means only 5% of the work force ends up being financially successful while 95% retire more or less destitute. (2011 update. By the looks how things are going now; that 5% figure might be wishful thinking in the future.)

What group of people you will belong to at your retirement? Even if you are close to a retirement age, there are still many things you can do to better your future. And if you are still young; don’t trust your good luck that you will be ok, even if the most of the population does so.

Simple solution: Be smart; plan early and act on your plans. Be careful with your money. Start saving money early. Spend less than you earn. Invest smart. And the most importantly live healthy so that you will not be one of the 36 who will be dead.

Find your passion, eat healthy foods, don’t put on excess weight, live clean life without drugs and cigarettes, eat your vegetables, stay mentally and physically active, take your vitamins, exercise and reduce your stress levels. Stress ills and kills!

“Live fully today so you won’t have to regret tomorrow that you didn’t live yesterday.”