How To Define Wealth

Before we even begin talking about personal finance.  Let us define “What is Wealth?”

To many of us,  Wealth equals Money.  Well i guess it is true to a certain extend.  More precisely put.  Money is part of our Wealth.

There are multiple aspect to Wealth.  We can feel wealthy without being rich.  Wealth is intangible.  Money is tangible.  Wealth is the state where many of us would like to use money to achieve.

The good news is, we do not need to have lots of money in-order to feel wealthy.  I have found a very interesting concept to Wealth that is illustrated in the book “Cracking the Millionaire Code”.

If someones wants to pay you a million bucks for your pair of eyes, will you do it?  What about trading your pair of legs for a million bucks? Would you? Well, think about it.  You can become an instant millionaire twice over!  Would you?  Most of us would rather hold on to our eyes and legs.  The bottom line is, we are already holding on to vast amount of Wealth.  We just need to recognize it.