What is Wealth?

Since this blog is about wealth creation, let us start with the basic definition of wealth.

Different people have different definition of wealth.

What is yours?

For me, wealth is not money, not stock, not property, not a car, ...

All those are what I call assets. 

Wealth is our capability to generate all of the above, plus happiness, fulfillment, love, health, family, and contribution.

With the above definition, more money can be one of the outcome of our wealth.  Some others include making a difference to the world, enjoy satisfaction from work, etc.

Think of the metaphor of a tree.

Money, happiness, contribution, etc. are all fruits.

When these fruits are sour and small, do we focus on those fruits?

Or do we explore putting in the right amount of fertilizer, water, sun light, ...

So what are the fertilizers and water for wealth?

Post your comment to tell me what you think, and I will tell you what I believe.

Dr OIC - transforming hard working caterpillars to butterflies in a garden of flow-ers.