Wealth is an abundance of valuable possessions, financial assets, or the total worth owned by a person. It is also the accumulation of resources and having a plentiful supply of it. The Master Key Experience flips it to another facet by saying, “Wealth should never be desired as an end but simply as a means of accomplishing an end”. Zaid Dahhaj, a Philosopher, expresses his views on wealth by differentiating wealth into five categories. In this blog let’s analyze these five types of wealth so that you are clearly able to see all the key aspects of this powerful word.
First, financial wealth is money and is what we all usually think about when we think about wealth. Financial wealth is the freedom to enjoy what you want, when you want to, and with whom you want. You don’t have to check you bank account you just know you have plenty of money to cover the expenses. You can afford to do things on the spur-of-the-moment and give to people in need whenever the desire arises. It is complete liberty from financial chaos and worries. Financial wealth is being proficient in investing, saving, budgeting, spending, and masterminding with people of financial astuteness. These skills need to be constantly worked on and improved upon in order for you to be successful.
Second, social wealth is how you interact within the social world. What type of person are you and how do other people relate, communicate, network and perceive you to be? It is applying skills composed of the art of persuasion, having a respectable reputation, having a sensitive character, displaying a positive body language, and being considerate of human nature.
Third, time wealth is described as having the freedom to spend your time how you want, where you want, when you want, and with whom you want. Time wealth is what most people strive for but don’t often experience it because they are busy surrendering their time to earning money, family responsibility, and doing what other people dictate to them. To break away from this trap you need to master the following concepts: that time is finite, realize that most people trade time for money, and the importance of earning money outside of the normal workday.
Fourth, physical wealth or health is the adhesive that holds all the other types of wealth and life together. Without the vitality and the energy that good health offers, you are limited in achieving all the other types of wealth. Eating healthy, getting exercise, and having a yearly physical, helps to keep everything in check and builds great opportunities to complement the types of wealth that you are seeking. Health is true wealth.
Fifth, the wealth of fulfillment is what happens when all four of these wealth types come together and are constantly being worked on and improved upon. This process does not happen overnight but happens as you persist and are determined to work on each type of wealth until it is manifested in your life.
Henry David Thoreau summarizes this blog very nicely in his quote: “Wealth is the ability to fully experience life”. So, join this journey and experience life to the fullest and reap all of its prosperity, abundance, and wealth. Wealth is a means to an end. It’s your decision; go for it.