Wealth Is Earned

  3 Simple Little Daily Expenses That Can Cut A Huge Hole In Your Finances   This morning, did you have a Venti Java Chip Frappuccino with an extra shot of espresso? Or did you opt for a lunch out during your workday instead of the branded jug of indulgence? The figures don't lie, no matter how little one of your everyday expenses appears to be. Every dollar you spent on a non-essential item increased your net worth — possibly more than you realize. Cutting modest spending is typically pushed as a popular approach to improve your money, but a closer look at how purchases build up over time illustrates why. The Latte Factor was introduced to the personal financial industry by David Bach, author of The Automatic Millionaire, more than a decade ago, but it remains pertinent in understanding the power of saves and compounded returns. This common piece of financial advice focuses on cutting costs today in order to have a better tomorrow. Remember that money is only necessar...

  Who Are You Accumulating Wealth For?   Wealth is the desire of many a  man and being wealthy is it really because it takes one out of the realms of the beggarly and complainant. However, when you strive to accumulate wealth, who do you do it for? Have you read the stories of men who lived so frugally that they could be passed on the road and regarded as beggars only for them to die and leave millions of dollars as inheritance to their relatives? It is good to accumulate wealth but while you are at it, don't allow yourself to just live for those who shall inherit you. Live while you are alive. Enjoy your money while you still can. Plan for your old age with the money you are making, don't leave everything to chance and children, they may not be there for you. Spend at least 85% of what you have accumulated on yourself and your better half and then leave about 10% to your inheritors and the remaining 5% to charity. What really matters most to your inheritors i...

  You Will Not Become Wealthy Through Hustling   To get ahead, most entrepreneurs define hustle as working harder and longer than their competitors. Many persons are under the impression that “hustling” is the key to money and success. Too many entrepreneurs brag about their hustling, despite the fact that they aren't getting the results they want. They're proud of themselves for working their tails off, and they're oblivious to how ineffective their efforts are. Even the most successful hustlers do not retire wealthy. If you don't first apply a worthwhile method to work smarter, your fast-paced hustle will be useless. It's meaningless to keep up with the pace if it's not for a good reason. You're wasting your time if you don't know what you're doing. Instead of pulling all-nighters in the hopes of getting something to work, you should stay focused on figuring out what works. This allows you to concentrate your efforts on the tech...

  Are You a Wealth Creator? It occurred to me recently that not everyone knows what a "wealth creator" is, which is why I chose to focus this blog on this audience. Although we're all thinking about the year in focus which has gone 5 months ahead, but there can never be a bad time to talk about wealth and so, now provides an excellent opportunity to discuss the subject matter. What does it mean to be a wealth creator? The term "wealth creator" isn't specified in Merriam-Webster. There isn't even a Wikipedia entry for "wealth creator." That's not shocking, given that the definition isn't well-understood. “Wealth,” according to the dictionary, is described as an excess of valuable material possessions or resources. An "artist" is someone who creates something new or unique. The intersection of these two principles creates some complex dynamics and special requirements. Many citizens are wealthy; in reality, they ma...

  The Topmost Secret That Differentiates The Rich From The Wealthy   I believe there is a significant distinction between being affluent (rich) and being wealthy. When I think of rich people, I see someone who has a lot of money. And I usually picture someone who is very obnoxious with their money. They have expensive cars and live in a luxurious home. They dress up and dine in fine establishments. Rich people acquire their money in a variety of ways. It's possible they'll inherit it. Winning the lottery is also a chance that they have. As a professional ball player or entertainer, they will be able to receive it in a matter of years. Alternatively, they might invent a million-dollar mousetrap. Alternatively, they may simply earn it over a long period of time as a professional or a business owner. Isn't this just a description of a rich person? Is there a real distinction? I assume there is a significant distinction between rich and affluent and the wealthy people...

  Types Of Wealth   In this ARTICLE , we discussed about WEALTH Concerning the types of wealth, there are basically, but arguably, 4 types of wealth: Physical wealth (Health) Social wealth (Status) Financial wealth (Money) Time wealth (Freedom) And some persons have added Spiritual wealth (Enlightenment) which they think is even more important than all the others put together The majority of people associate the term "wealth" with money, but this is a limited understanding of what it means to be wealthy. Every aspect of one's life — wellness, relationships, finances, time, and so on — is included in wealth. We'll go through each of these four forms of wealth in more detail below, as well as how they contribute to your own personal life. Physical Wealth (Health) The glue that binds all other forms of wealth and one's life together is physical wealth or health. We cannot attain any other form of wealth, or at least not in a wise and long-te...

  What Is Wealth? "A person's, community's, company's, or country's wealth is the total sum of all their valuable properties. Wealth is calculated by subtracting all debts from the overall market value of all real and intangible assets held. Wealth is essentially the accumulation of finite capital. When individuals, groups, or nations are able to acquire a large number of valuable resources or commodities, they are considered to be rich. Wealth differs from income in that it is a stock while income is a flow, and it can be measured in absolute or relative terms " There are as many definitions of wealth as there are writers and thought leaders. Henry David Thoreau says   “ Wealth is the ability to fully experience life. ” And Robert Kiyosaki says "Wealth is NOT a measurement of how much money you have but how long you can live without working." Understanding the Definition of Wealth Wealth can be represented in a number of different ways. ...

 Welcome To Our Blog The issues of #Wealth, #Riches and #Money have been on the front burner of discussions amongst men of all ages since when Adam was still in the #Garden of #Eden And up till today, they are yet to be resolved. So many people have the erroneous belief that acquiring money is the evidence that one is rich or wealthy and so they CHASE money with all their strength, all their might and all their minds Some others think that money is just a means of exchange and that nobody actually owns it as it continually exchanges hands from time to time and therefore ought not to be chased but what ought to be chased are those things which money cannot buy and which possession of them actually makes a man wealthy. Whichever School of Thought you belong to, you are welcome to our blog. Here we are committed to bringing about balanced views on the triple issues of Money, Wealth,  Riches so that our readers, fans and followers would be adequately and properly educated with the...