November 26, 2013 Admin | November 26, 2013 What does wealth look like? What doesn’t look like? Think long and hard before answering this loaded question.
2 thoughts on “November 26, 2013”
Wealth looks like having what you need a little bit of what you want. Wealth doesn’t look like the newest clothes, the newest car, the biggest house, etc. A lot of Americans mistake stuff for wealth, when in all actuality, items decrease your wealth (no matter how inexpensive the item was).
Well said, Katherine. You get it! Wealth can be difficult to clearly identify, but the lack of wealth is not. Wealth doesn’t jump out at you like those new and expensive cars, designer clothing, and big homes do (acting wealthy is quite easy to see).
Wealth is a bit on the stealthy side, but with a fair amount of knowledge, anyone can see it more easily when their eyes are open to what it actually looks like.
Here is a little tip. If someone has a lot of pretty stuff, they probably don’t have much in the way of wealth. Stuff makes you poor, not wealthy. What about those people who go about their life working hard, saving their money, and investing wisely and efficiently while limiting their “stuff”? That is what true wealth looks like.
You can learn more on this subject by reading any of Thomas Stanley’s books, The Millionaire Next Door, The Millionaire Mind, and Stop Acting Rich. There is a path to poverty and to wealth. Identify those paths, avoid the former, and get the latter. Your future self will thank you.