The best wealth definition, is not the most commonly accepted definition of wealth.
Most people define wealth, purely by the amount of money and valuable material possessions that one has acquired.
This definition of wealth, would be in line with the standard dictionary definition of the word "wealth".
Here is how the Oxford English dictionary defines "wealth"; wealth n.
money and valuable possessions; possession of these; a great quantity.
Judging purely by this definition, most people would be right to believe that money and valuable possessions alone, would amount to wealth, however, this is a very narrow and constrained way of viewing wealth.
The Oxford English dictionary, for instance, has the following definition for the word prosper; prosper v.
be successful, thrive; and yet, the following line describes the word prosperous as; prosperous adj.
financially successful.
I am sure you will agree that by being successful and thriving at any given thing in life, does not necessarily mean that one would automatically become rich, wealthy, or, as judging by the Oxford English dictionary's description, become financially successful.
One could be successful and thrive at, for example, gardening or mountain-climbing and yet, at the same time, be relatively poor.
Interestingly, though, I noticed that the word prosperity was not defined in the dictionary, however, this word, rather than prosper or prosperous, most closely describes wealth.
The best wealth definition is a life of abundance, that is, abundance in all spheres; physical, emotional, psychological, spiritual and financial.
The reason most emphasis can be placed on the financial sphere, is because we live in a material world, where, unless we have enough money, we cannot afford the life and freedom of lifestyle that we desire.
Another reason, is that our financial sphere can have a direct influence on all the other spheres in our life and not necessarily out of choice.
Once a person attains not only a balance but unlimited personal freedom and growth in all that life has to offer and that they can offer life, can they then be described as wealthy.
You may have noticed that I have left out material abundance.
This is not an oversight, as one may, or may not have material abundance and still be considered wealthy.
Warren Buffet, for instance, lives in a modest house and lives a relatively modest life and yet, is one of the world's wealthiest people.
Having a life of abundance leads to a person's well-being, therefore, wealth can also be described, as well-being.
This leads me to my next point and at the same time brings me back to the word prosperity.
Do you know the Oxford English dictionary's description of well-being? Here it is; well-being n.
good health, happiness, and prosperity.
Most people define wealth, purely by the amount of money and valuable material possessions that one has acquired.
This definition of wealth, would be in line with the standard dictionary definition of the word "wealth".
Here is how the Oxford English dictionary defines "wealth"; wealth n.
money and valuable possessions; possession of these; a great quantity.
Judging purely by this definition, most people would be right to believe that money and valuable possessions alone, would amount to wealth, however, this is a very narrow and constrained way of viewing wealth.
The Oxford English dictionary, for instance, has the following definition for the word prosper; prosper v.
be successful, thrive; and yet, the following line describes the word prosperous as; prosperous adj.
financially successful.
I am sure you will agree that by being successful and thriving at any given thing in life, does not necessarily mean that one would automatically become rich, wealthy, or, as judging by the Oxford English dictionary's description, become financially successful.
One could be successful and thrive at, for example, gardening or mountain-climbing and yet, at the same time, be relatively poor.
Interestingly, though, I noticed that the word prosperity was not defined in the dictionary, however, this word, rather than prosper or prosperous, most closely describes wealth.
The best wealth definition is a life of abundance, that is, abundance in all spheres; physical, emotional, psychological, spiritual and financial.
The reason most emphasis can be placed on the financial sphere, is because we live in a material world, where, unless we have enough money, we cannot afford the life and freedom of lifestyle that we desire.
Another reason, is that our financial sphere can have a direct influence on all the other spheres in our life and not necessarily out of choice.
Once a person attains not only a balance but unlimited personal freedom and growth in all that life has to offer and that they can offer life, can they then be described as wealthy.
You may have noticed that I have left out material abundance.
This is not an oversight, as one may, or may not have material abundance and still be considered wealthy.
Warren Buffet, for instance, lives in a modest house and lives a relatively modest life and yet, is one of the world's wealthiest people.
Having a life of abundance leads to a person's well-being, therefore, wealth can also be described, as well-being.
This leads me to my next point and at the same time brings me back to the word prosperity.
Do you know the Oxford English dictionary's description of well-being? Here it is; well-being n.
good health, happiness, and prosperity.