How do you know if you’re wealthy?
Wealth is often defined as the money and possessions a person has.
But is that really what wealth means?
Money is only half of the equation. True wealth is having both the financial resources AND the time and freedom to enjoy them.
That is ‘financial independence’ – having sufficient resources to allow you to live the life of your design and have complete discretion over how you spend your days and weeks.
Why should you care?
I’ve met people with more financial resources than they’ll ever need – yet they’re still working long hours, chasing “more”.
On the other hand, I know others with modest financial wealth who understand that they have enough for their needs, and are already living the life of their dreams.
Which of these is wealthier?
Morgan Housel put it best: “The highest form of wealth is the ability to wake up every morning and say: ‘I can do whatever I want today.’”
