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 wi
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 wa