What does it mean to be wealthy? Wealth comes from an old English word a??weala?? which means a??well-beinga?? or a??welfarea??. Today wealth has come to mean an abundance of items of economic value, or the state of controlling or possessing these items. A wealthy person therefore has more resources than a poor one.
Wealth also conjures up images of expensive cars, yachts, expensive homes, fine jewelry, and exotic travels. Who could imagine that from the days of King Solomon of biblical times until now, the symbols of wealth would change so much? One thing is sure; wealth continues to be the great divide between a small percentage of our population and the rest of the masses who barely eek out a daily existence.
As society evolves from dependence on agriculture and heavy industry, it is clear that each succeeding generation has a similar desire to accumulate wealth. The knowledge, tools, and institutions of our time are available for those who will use them wisely to create personal wealth. Do you know how to use them?
As you read this, the first thought that probably comes into your mind relates to your own situation. How wealthy am are you? It is true that not everyone is strictly concerned about wealth, but most people are concerned about it enough, and would certainly like to be counted among the wealthy.
Here are two time-tested ways to achieve life-long wealth and help you to live a more comfortable and stress-free life.
1. Get a Wealth Education. Most people have a vague idea of what wealth is but it is not clearly defined, and they never take the time to do so. If you want to climb Mount Everest, you should at least have an idea of where in the world Mount Everest is. The same thing applies to wealth. Define it for yourself. Does it mean having enough money from your investments to pay all your monthly bills? Does wealth mean earning a fixed amount of money that will pay all your bills and leave some each month? Or does wealth mean having one thousand heads of cattle, twelve hundred camels, and four hundred donkeys? Only you can decide. But you must decide what wealth means to you.
2. Make wealth a believable proposition. This is what I mean. If you decide that wealth means having five million US dollars in the bank, you will probably not believe that achieving personal wealth is possible. That is because your definition of wealth is not achievable and therefore not believable. You do not need 5 million dollars to be wealthy. What you probably need is enough money from your personal investments to pay your living expenses so that you do not have to work for money.
Let us expand that idea a little further. If you could have your mortgage paid on time every month without that money coming from your salary, would you believe that it is also possible to have all of your monthly expenses paid without touching your salary? Of course you would.
Becoming wealthy is more believable when you have tangible evidence of this possibility. If you are able to earn 8 percent a month from a properly managed ForEx program, and you need $2000 to pay your mortgage, then you only need to have $25,000 invested in that program in order to earn enough to pay your $2000/m mortgage. Then, you will no longer have to work to live in your house but your money will be working for you, allowing you to live in your home without working for the privilege.
So you see, your expansive mind can now begin to discover interesting ways of achieving wealth by taking one idea at a time, tearing off the wrapper of impossibility from it, then making it your own. You can achieve wealth by first believing that you can.
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