MKE Week 17 HJ – What are the Characteristics Required to Create Wealth?

Let’s look at this question from the following angles: (1) a clear definition of wealth, (2) the exchange value which is the predominant characteristic of wealth, (3) an ideal that gives you passion and a definite fixed purpose, and (4) how prosperity comes when you have an abundance of five importance things.

What is the most accepted definition of wealth? According to the Master Keys wealth consists of all useful and agreeable things which possess exchange value; another definition of wealth is a great quantity or store of money, valuable possessions, property, or other riches; prosperity; affluence; a state of being rich or a person of wealth.

Second, the true value of wealth consists not in its utility but in its exchange value. The exchange value makes it a medium for securing the things of real value whereby our ideals may be realized. For example, giving money to the organization “Samaritan Purse” for medical supplies, rebuilding supplies, and equipment needed for building new homes for earthquake victims or other tragedies. Then volunteering to help them with various projects. You are exchanging the money for supplies, and your time to put into action the plans needed for restoration.

Third, wealth should never be desired as an end, but as a means of accomplishing an end. Wealth is contingent upon a higher ideal than the mere accumulation of riches. Thus, formulating an ideal for which you are willing to strive and by pursuing this ideal, the ways and means shall be provided. There must be a definite fixed purpose and a power to create, which depends entirely on spiritual power.

Fourth, Curry Glassell says that prosperity or wealth comes when you have an abundance of these characteristics. Courage- one of the most important component required to create wealth. For example, if you’ve hit a financially rough time in your life, calling your creditors and discussing with them how much you can afford to pay them back and approximately a time limit that is feasible to do it in definitely takes courage. Vulnerability- being vulnerable and opening yourself up to ask questions, learn from others, and seek support is a vital factor in making healthy, sustainable, financial decisions. If you don’t know something, admit it openly, and look for educational resources to help you get the information you need. Practicality-If you want to create the wealth you deserve, it is vital that you look truthfully and practically at your life. Value yourself enough to say, “No” when a purchase is inappropriate. Examine the why instead of the want before you think about purchasing the item. Responsibility-It is naïve  or misguided to think that someone else is going to be fully invested in your financial well-being. You need to be involved. Make the decision yourself. Empower yourself to make the right riches for you. Gratitude- Being in the place of gratefulness for you, for the things you do have, your friends, family members, and for all your blessings. This attitude liberates you and brings you into a place of peace, stress free, and an openness to new possibilities. Remembering that you can be what you will to be.

Wealth is the power to see a thing in its completeness. It is built upon truth and justice. As Henry David Thoreau expressed it, “Wealth is the ability to fully experience life”. It attracts to yourself the forces needed for the idea and the cooperation of other people. It is using courage, being vulnerable, being practical, conservative, and being responsible. All of these characteristics are like puzzle pieces that must be put together in order for the whole to experience the wealth. Have fun putting together the pieces of your wealth.


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