What is True Wealth?
Thursday, March 30th, 2006What is true wealth? What should you expect if you
reach the end of the gold paved road to financial
freedom?
If you have a million dollars, will you be satisfied?
What about 10 million? Is true wealth a numbers game
or do other factors enter into the equation?
Ebenizer Scrooge of Dicken?s The Christmas Carol
was very wealthy for his time, but before meeting the
three ghosts of Christmas past, present and future,
he lived a miserable life, too cheap to even heat his
own apartment.
Meanwhile his clerk, with his many children, was
portrayed as happy and loving - a great father.
Of course this is fiction, but is there any truth to
the story?
Many people will work incessantly trying to accumulate
more and more wealth, but a trite joke is that their
last words are never: ?I wished I spent more time at
work.?
For some people the only answer to the question;
?What is true wealth?”, is money pure and simple -
the more money the better.
Others would be content to say that true wealth
is having the peace of mind of being free of debt.
Another will say he is truly wealthy if he can lead
the lifestyle he chooses regardless of cost.
Others might say true wealth is being healthy and
surrounded by loving family and caring friends.
There are probably as many answers to this question
as they are people to answer it.
You could live in a big house on the hill, have two
Mercedes in the garage and a million in the bank and
not enjoy life as much as the guy who works in the
gas station and lives in a two room furnished apartment.
True wealth is what one perceives it to be. And if it
were not so, we wouldn?t have policemen, firemen and
soldiers who risk their lives protecting us rather
than trying to work on Wall Street, making big bucks.
We wouldn?t have doctors who travel to third world
countries, just to try to make some difference, rather
than to stay at home with a thriving practice and a
comfortable life.
We wouldn?t have all the volunteers this country has,
who are ready and willing to help the sick, infirm or
destitute ? or who suddenly turn up at disaster scenes
willing to do anything to help.
This country wouldn?t have the millions of people who
donate billions of dollars annually to the charities
of their choice.
So even thought we concentrate on financail matters,
it?s good to step back and realize there is more to
true wealth than money.
I believe that having enough wealth to live a
comfortable life makes lots of other things possible.
I also believe that being in debt is merely
transferring your wealth to your creditors. While
it may make them, or their shareholders rich, it
really contributes little to your true wealth.
So my answer will be adopted from Mr. Spock?s
famous Vulcan greeting: ?Live Debt Free and Prosper.?
Visit http://www.credit-yourself.com for information
on how to manage your personal finances and achieve
true wealth.