What does it mean to be wealthy?
As I’m working to build out the Kingdom Wealth Builders Mastermind and Training program I thought it would be important to understand what the word Wealth actually means.
The foundation of the word Wealth actually has nothing to do with money! It’s a combination of the words ‘Well’ and ‘Health’ yet for some reason when we hear someone talk about wealth we automatically assume they simply mean financial health.
But to be wealthy seems to be so much more.
More than just having money in the bank.
More than just having a big business.
After all, what’s the point of money if you can’t live your life the way you want to?
What’s the point of having a giant income if you never have any time to enjoy it?
If you don’t have the physical fitness to do what you want?
Or if you’re struggling with other health issues that keep you from enjoying the present moment.
In a world where anxiety, depression, ADD, obesity, divorce, abusive relationships are running rampant, could it not be all because we have a skewed version of what it means to be wealthy?
Could it all be the fact that we were taught from a young age to strive for and seek money as a means for purpose and fulfillment and happiness in life?
Wealth can be defined as an abundance of valuable resources or material possessions. However, the meaning of wealth can vary greatly between individuals and cultures. Some may define wealth in terms of money and material possessions, while others may define it in terms of happiness, health, or relationships.
For some, wealth is seen as a means to an end, allowing them to achieve their goals and live a comfortable life. For others, wealth is an end in itself, serving as a symbol of success and a source of status and power.
Regardless of one's perspective, it is clear that wealth can bring both benefits and challenges. On one hand, it can provide financial security and freedom, allowing individuals to pursue their passions and live life on their own terms. On the other hand, it can also bring with it stress, pressure, and a sense of responsibility to use one's wealth wisely and for the greater good.
The pursuit of wealth can also lead to a focus on material possessions and status symbols, at the expense of deeper, more meaningful connections and experiences. In some cases, this can result in feelings of emptiness and dissatisfaction, despite having all the trappings of wealth.
What is the meaning of wealth?
Ultimately, the meaning of wealth is a deeply personal and subjective concept, shaped by one's values, beliefs, and life experiences. When it comes to determining what it means to be wealthy, it is important to look beyond external markers of success and instead focus on what truly brings fulfillment and happiness.
The search for purpose and meaning is a fundamental aspect of the human experience, and this is especially true when it comes to the concept of wealth. While wealth can provide financial security and the means to pursue one's goals, it is important to remember that material possessions and financial success do not necessarily bring fulfillment or a sense of purpose.
As the famous psychologist and Holocaust survivor, Viktor Frankl, once said, "Man's search for meaning is the primary motivation in his life and not a ‘secondary’ existential necessity." In other words, meaning and purpose are not something to be attained or found, but rather something to be created and discovered through our experiences, relationships, and actions.
Therefore, when considering the meaning of wealth, it is important to not just focus on financial success but also on the sense of purpose and fulfillment that comes from using one's wealth for the greater good and making a positive impact in the world. This can come in the form of charitable giving, volunteering, or pursuing work that aligns with one's values and passions.
In summary, while wealth can provide financial security and the means to pursue one's goals, it is not the end-all-be-all when it comes to finding meaning and purpose in life. True wealth is about creating a life filled with purpose, fulfillment, and a sense of making a difference in the world.
Where does the word Wealth Come From?
As stated earlier, The word "wealth" has its origins in the Old English word "weal," which meant "well-being" or "prosperity." Over time, the meaning of the word evolved to encompass the idea of abundant material possessions and financial success. However, the original meaning of "well-being" still holds true and serves as a reminder that true wealth goes beyond just money and material possessions.
In fact, the word "health" also shares a common origin with "wealth." The word "health" comes from the Old English word "hælth," which meant "wholeness" or "soundness." This ties into the idea that true wealth is not just about financial success but also about overall well-being and a sense of wholeness and fulfillment.
Thus, the origins of the words "wealth" and "health" serve as a reminder that true wealth is not just about material possessions, but also about well-being, happiness, and a sense of purpose. When we strive for wealth, we should strive for a life that is abundant in all aspects, including financial prosperity, physical and mental health, and a sense of meaning and purpose.
here are a few bullet points on the importance of physical health, mental health, financial health, sense of meaning, and sense of purpose for overall wealth and well-being:
- Helps maintain a high level of energy and vitality
- Enables individuals to pursue their passions and lead an active life
- Supports overall well-being and helps prevent illness and disease
- Helps individuals manage stress and overcome challenges
- Enhances emotional well-being and contributes to happiness and satisfaction
- Supports overall well-being and helps prevent mental health issues
- Provides financial security and the means to pursue one's goals and dreams
- Enables individuals to manage their money effectively and plan for the future
- Supports overall well-being and contributes to a sense of financial freedom
Sense of Meaning:
- Provides a sense of purpose and direction in life
- Helps individuals find fulfillment and satisfaction in their experiences and relationships
- Enhances overall happiness and well-being
Sense of Purpose:
- Provides motivation and a sense of direction in life
- Enhances a sense of meaning and fulfillment
- Supports overall well-being and contributes to a sense of satisfaction and happiness
These aspects of wealth are interrelated and support each other. For example, good physical and mental health can contribute to better financial management, while having a sense of purpose can enhance overall well-being and happiness. By striving for abundance in all aspects of life, including financial health, individuals can create a truly wealthy and fulfilling life.
How to become more wealthy?
Its simple, you must start to live a more balanced lifestyle, and make incremental improvements in all areas of your life.
What are 10 things you can do to start to improve health in all areas right now?
- Exercise regularly
- Eat a balanced and healthy diet
- Get enough sleep
- Reduce stress through meditation, yoga, or other relaxation techniques
- Stay hydrated by drinking plenty of water
- Limit alcohol and sugar intake
- Avoid smoking and exposure to secondhand smoke
- Get regular check-ups and screenings
- Practice good hygiene
- Seek professional help for any mental health issues or chronic conditions.
What are 10 things you can do to improve financial health right now?
- Make a budget: Start by tracking your spending to get an idea of where your money is going and make a realistic budget.
- Reduce debt: Make a plan to pay off high-interest debt such as credit card balances as quickly as possible.
- Increase savings: Automate savings so you can regularly put money away for an emergency fund or other financial goals.
- Shop for the best rates: Compare interest rates and fees for loans, credit cards, and insurance policies to get the best deals.
- Invest in yourself: Consider taking courses or learning new skills that can help increase your earning potential.
- Avoid impulse purchases: Wait a few days before making a big purchase to see if it's something you really want or need.
- Negotiate bills: Contact service providers to see if they can lower your monthly bills.
- Find ways to increase income: Consider taking on a side job or freelance work to boost your income.
- Make a plan for retirement: Start saving for retirement as early as possible, and consider speaking with a financial advisor to develop a plan.
- Be mindful of financial goals: Regularly review your financial goals and make adjustments to your budget and savings plan as needed.
What are 10 things you can do to improve your mental health right now?
- Practice mindfulness or meditation regularly.
- Exercise regularly, even just a 30-minute walk can help.
- Get enough sleep, aiming for 7-9 hours per night.
- Connect with others through social activities or support groups.
- Write down your thoughts and feelings in a journal.
- Limit your exposure to stress and negative news.
- Practice self-care, such as taking a relaxing bath or reading a book.
- Try to focus on the present moment and not dwelling on the past or worrying about the future.
- Engage in activities that bring you joy, such as a hobby or volunteer work.
- Seek professional help if needed, such as a therapist or counselor.
What are 10 things you can do to align your life with your purpose and achieve more fulfillment right now (and have more fun)
- Identify your values: Understanding what's important to you will help you make choices that align with your purpose.
- Set clear goals: Write down specific, achievable goals that align with your values and purpose.
- Prioritize self-care: Taking care of yourself is crucial to achieving fulfillment. This includes exercising, eating well, and getting enough sleep.
- Practice gratitude: Make a habit of focusing on what you're grateful for each day.
- Connect with others: Spending time with loved ones and building strong relationships is key to happiness.
- Get involved in your community: Volunteering or participating in community events can bring a sense of purpose and fulfillment.
- Learn something new: Taking on a new challenge, such as learning a new skill or language, can help you stay engaged and motivated.
- Practice mindfulness: Taking time to be present and focus on the present moment can help reduce stress and increase overall well-being.
- Travel: Exploring new places and cultures can broaden your perspective and bring a sense of adventure to your life.
- Pursue your passions: Engage in activities you enjoy, whether it's hobbies, sports, or creative pursuits, to bring more joy and fulfillment into your life.
Finally, What is your BIG DOMINO? What’s the ONE thing you can focus on right now?
The "BIG DOMINO" framework is something I utilize in my coaching and it refers to the concept that there is one key factor or area in your life that is holding back your progress and preventing you from achieving your goals. By identifying and focusing on this "big domino", you can have a domino effect and make positive changes in multiple areas of your life. The idea is to focus your energy and efforts on addressing this one key factor, which can have a cascading impact on all other aspects of your life, leading to greater fulfillment and success. By doing so, you can achieve lasting change and achieve your goals more effectively.
Determining your "Big Domino" involves a process of introspection and self-reflection.
Here are some steps you can follow:
Identify your goals: Write down all the areas of your life you want to improve, such as health, relationships, finances, career, personal growth, etc.
Evaluate the interconnections: Consider how each area of your life affects and is affected by the others. For example, poor financial health may be impacting your mental and physical health.
Identify roadblocks: Think about what is preventing you from making progress in each area. Write down the biggest obstacles or challenges you are facing.
Prioritize: Decide which area is the most important to you and is holding you back from making progress in the other areas. This is likely to be your "Big Domino."
Evaluate the root cause: Look deeper into the underlying causes of the obstacle or challenge you have identified as your "Big Domino." Is it a lack of skills, resources, or knowledge? Or is it an internal struggle such as fear, self-doubt, or limiting beliefs?
Create a plan: Once you have identified the "Big Domino," create a plan to overcome it. This may involve seeking support from others, learning new skills, or making changes to your mindset or habits.
Take action: Start taking small steps towards overcoming your "Big Domino." Celebrate your progress and make adjustments to your plan as needed.
Remember, this is a continuous process and you may find that your "Big Domino" changes over time. By regularly evaluating and working on the areas that are holding you back, you can create lasting change and achieve greater fulfillment in all areas of your life.
If you want to schedule a BIG DOMINO breakthrough call with me, CLICK HERE and we can dive into what’s holding you back from achieving fulfillment in all areas of your life so you can become more free and wealthy!