Defining Wealth

Before getting too excited about creating wealth its important to first give meaning to the word "wealth."

Most people when asked what the actual definition of wealth is, really don't know the answer (try your own private survey of friends and family) . Everybody thinks they have an idea of what wealth is but few have ever taken the time to define or give meaning to what wealth is in their own life. No wonder so few people ever attain a level of wealth that allows them to enjoy the prosperity of the 3%.

So whats in a word, I mean really... can one silly word be that important? Yes it can be and it is very important. In fact, if you don't know what the meaning of wealth is in your life how can you expect to create it?

Lets start with a dictionary definition of wealth. As defined by the Doubleday Dictionary (published 1975) wealth is:
1) a large amount of money or property, riches
2) The state of being rich
3) great abundance of anything; a wealth of learning
4) Econ. a. all material objects which have economic utility b. all property possessing a monetary value.

If you're like most people you've been living with someone Else's definition of wealth and if that definition is anything like the one I listed above it's no wonder you've found yourself in the 97% of our population who never achieves wealth in their own life time.

Creating wealth is a very personal matter and it can be very important to you and your family, especially if you haven't been successful creating it by the time you retire. My question for you is "Why Wait?" As with all personal development its important to find meaning in your life and decide for yourself what your definition of wealth is.

You might ask yourself...

"if wealth is so important then why don't they teach more about it in school?"

The answer is simple, our economy of "corporatism" depends upon a workforce that is willing to work hard for the living Corporate America is willing to pay them. If our society were better educated in school there would be fewer people who are ignorant to the concepts of wealth creation and Corporate America and our Government sees that as a bad thing.

If you're like me, you'll discover that once you begin to discover the secrets of creating true wealth in your life the possibilities are endless and learning more becomes a habit and a joy.

So getting back to defining wealth in your own life. I highly recommend you get your hands on a free e-book. This book is largely out of print which is why its available for free but don't let the price fool you, this book forms the foundation of learning about wealth creation.

The first book is "The Science of Getting Rich" by Wallace D. Wattles, simply follow this link to claim your copy;

http://www.HomeBasedBusinessMatrix.info/Bonus-Gift_1.htm

Another great resource for understanding the definition of wealth in your life is by reading and listening to Author "Andy Andrews." I found his book "the Travelers Gift" an easy and enjoyable read and could hardly put it down. Here is a link to his web site: http://www.andyandrews.com/

The "meaning of things" important in your life should never be left up to a dictionary or what other people think. You are responsible for coming up with your own definitions especially when its as important as a thing like wealth. It could literally mean the difference between achieving it or spending your entire life thinking wealth is something "other people" have.

If you refer back to the definition I gave you from the Doubleday dictionary I want to direct your attention to the second item on the list. It says that wealth is "the state of being rich" and actually this definition gets us closer than anything else out there.

Wealth IS a "state of being." The dictionary ads the word rich to make it sound elusive and available to only a few people but truly riches are not required to be wealthy.

Once you have prepared your mind for "being" wealthy you will find money will flow into your life as surely as water gravitates to the sea. But I guarantee that sitting around waiting for riches to come before deciding what wealth means and then making a decision to be wealthy, is a recipe for a below average income. Even if you make a lot of money you'll find yourself living hand to mouth and money will leave your grasp as quick or even quicker than it came in.