We need to redefine what it means to build wealth
In our modern society, the word "wealth" has become synonymous with money and financial success.?
In the same vein so has the idea of being rich.
However, this narrow definition of wealth and becoming rich overlooks the importance of other areas of life that contribute to our overall well-being and happiness.
When we talk about building wealth, normally people would consider just the financial aspect but what use is that if your health is failing, you have no friends and no purpose in life.?
This is why we need to redefine the word wealth and what it means to have a truly rich life.?
Ideally, when we talk about building wealth, we are not just talking about money but also the other crucial aspects of life, such as health, relationships, and spirituality.
Now don’t get me wrong, money is undoubtedly important in our lives.?
It allows us to exchange value with one another globally, but studies have shown time and time again that it does not determine happiness.
There is no doubt that having money makes life easier and you can be substantially more unhappy through lack of money, but in all in all having money just solves all your money problems.
The notion of building wealth and riches should encompass all the areas of life that contribute to our happiness and fulfilment.?
Here's an old favourite interview of mine with bob marley which perfectly gets the point across.?
‘Possessions make you rich? I dont have that type of richness’
For instance, good health is essential to enjoy life to the fullest.?
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Without good health, it is challenging near on impossible to enjoy the financial success that money brings to its full extent?
Therefore, building wealth should also involve investing in our health, such as eating healthy foods, exercising regularly, and taking care of our mental health.
Relationships are another crucial aspect of our lives that contribute to our happiness and overall well-being.?
The quality of our relationships with family, friends, and colleagues can significantly impact our life satisfaction.?
Therefore, building wealth should also involve investing in our relationships by nurturing them and fostering meaningful connections with others.
In addition, spirituality is an often-overlooked aspect of wealth.?
It is our connection to something greater than ourselves and can provide us with a sense of purpose and fulfilment.
By including spirituality in our definition of wealth, we acknowledge that money is not the only thing that matters in life.
Redefining the word wealth to include all the important areas of life, such as money, health, relationships, and spirituality, will help us build a more holistic and fulfilling life.?
By recognizing that wealth and richness are not just about money, we can invest in ourselves and our overall well-being, leading to a happier and more fulfilling life.