Eliminate The Personal Barriers To Wealth

Eliminate The Personal Barriers To Wealth

Wealth is​ the​ condition of​ profuse abundance and​ affluence, having a​ bountiful supply of​ material goods, resources and​ money. it​ could also be defined as​ property of​ economic monetary value.

In Economics, wealth is​ defined as​ the​ stock of​ physical capital, human resources and​ net financial worth owned overseas by a​ country. Physical capital composes ownership of​ building structures, machines, railroads and​ other fixed tangible assets. Human capital on the​ other hand, is​ the​ quality work force with emphasis on educational attainment, which contributes to​ the​ country’s productivity. While net financial capital is​ off settled from the​ monetary value of​ assets acquired by foreigners in​ the​ local economy to​ the​ foreign acquisition of​ the​ country.

Oftentimes, wealth is​ associated with money such as​ savings, investments and​ other forms of​ financial capital.

But the​ word “wealth” is​ taken from the​ Ancient English words “weal” (well-being) and​ “th” (condition), which when combined means “condition of​ well-being.” “Economic,” on the​ other hand, originates from the​ Greek word “oikonomia” meaning “household management.”

In a​ different perspective, some individuals view wealth as​ a​ genuine disclosure of​ ones true values, and​ accounts for​ what is​ held important to​ ones life like a​ reflection of​ image and​ real self.

Today, society is​ posed with the​ challenge of​ sustaining quality life, which contributes to​ the​ equilibrium between economy and​ quality. Such perspective allows an​ individual to​ assess ones real assets - strength and​ opportunities to​ enhance ones real potential.

A person who attempts to​ align values and​ principles with the​ condition of​ well-being believes that he/she is​ seeking genuine wealth – all things that make life worth living (personal, professional, spiritual, environmental and​ financial well-being).

People mostly define authentic wealth in​ terms of​ harmonious relations with the​ members of​ the​ family, supervisors, co-workers, peers, neighbors and​ acquaintances. Some see it​ in​ the​ simplicity and​ complexity of​ natural creations. or​ it​ could be measured in​ terms of​ joy, social cohesion and​ unquantifiable, abstract thoughts and​ ideas.

Another relevant word which can be related to​ wealth is​ value, which is​ derived from the​ Latin word “volorum,” meaning “to be worthy”. Oftentimes, value connotes monetary expressions such as​ costs, prices and​ returns on investments. But true value (valorum) is​ found on the​ simple things that makes life worth living. it​ is​ the​ value of​ relationships, the​ value of​ what one possesses and​ not long for​ things which are not in​ their possession.

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