Personal Wealth - Exactly how hard is it?
Ask those who have done it.
- It may be logistically extremely difficult but ask those with perceived personal wealth how they made it, what advice they have and what their definition of personal wealth is.
- Professional sports people - for example, Roger Federer, Lauren Jackson
- Prominent business people and industry leaders, such as Lindsay Fox.
- Email Richard Branson, Tiger Woods, Bill Gates, Elton John and Michael Jordan
- Email Nicole Kidman, Kate Blanchard and PINK.
It would be an interesting exercise!
The definition of wealth.
Wealth is more than the size of your investment portfolio and bank accounts. There is financial wealth and personal wealth.
Who would you rather be;
A financially very rich workaholic, lurching from one personal relationship to the other, with little to no connection with your children, socialising with a group of acquaintances but having few if any ‘real friends’ and always wondering whether they like you or your money?
OR
A hard working individual with a mortgaged home, who struggles to pay the school fees, with a partner you describe as your other half, a close bond with your kids, a wide group of friends and a work-life balance?
There is no correct answer, but I know which one I would prefer to be and what definition of personal wealth sits comfortably with me;
‘....The ability to live comfortably in a mortgage free home, enjoying a partner who is my other half, a close bond with my children, a small group of close friends and a work-life balance, all the time knowing the financial interest generated from my savings and investments will see me into a healthy retirement full of adventure, holidays, golf and fishing....’
What’s your definition? Write a blog and post on the Careeernav website.
P.S. And yes, it’s bloody hard to achieve!
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