First, I like to say Thank you very much!! @brofund for choosing my answer to the last question (What do you want to achieve and what are your dreams? And what do you need to achieve that? as the best response.
What does wealth consist of for you?
Wow! This is a very personal topic as this can be very different from person to person.
I took a minute to look up exactly what wealth is. I found a few definitions (all similar), but this is the one I like the most.
Wealth measures the value of all the assets of worth owned by a person, community, company, or country. Wealth is determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. Essentially, wealth is the accumulation of scarce resources.
https://www.investopedia.com/terms/w/wealth.asp
I like to say that I am the ‘richest’ person in the world as I have a home & a wonderful husband of 13 years that I love very much & believe that the feeling is mutual from him. But this doesn’t constitute wealth, does it.
So, for me to be wealthy I need what most of us need, ‘Lots of Money’. Wealth to me would be for my husband & I both to have no debt, own our home right out and maybe a couple of houses in a couple of other states for when we visit family & friends. We also would need to always have at least $500,000 on hand. This is so that we may pay for everything right out, anything we want when we need/want to. Never having to worry about how much something cost. In addition to our houses, we need a few cars (mine, his, & ours).
As you can see my wealth holds a lot of material items but they’re much needed material items, but of course money is needed to maintain & keep these things as well as to acquire other things of interest, those needed to survive & those needed just to enjoy life.
My wealth would also allow the ability to take several vacations a year, & a number of investments (of course this includes Hive), that keep accruing more money so that when we use some of the $500,000 it instantly replaces or even adds to it, so it’s like we never even touched the $500,000.
!CTP
!PIZZA
!LUV
It was fun to read :D ...especially the cars lol his mine and ours , because cars are cool and so necessary :)
Also 500k in cash is fun too but like you said , better to have a revenu from its placement and the flow never stops , cash goes way too fast :D .
I hope you will have all those and much fun 🌹
Thanks! It's nice to dream, but it would be totally awesome for it to come true.
!CTP
100% agree and high goals is great
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