The Philosophy of Wealth
Remember, Money Is Not Wealth
Law #1 — The 33 Laws of Wealth
Remember, money is not wealth.
But why?
Because…
Money is but one type of financial instrument, a way to transact with the world, to exchange labor and time for goods and services. It is a means, not an end.
Money is simply a tool — one of many tools. It is not wealth itself.
Wealth, on the other hand, is a different beast altogether.
Wealth is not just about how many stocks, bonds, or cryptocurrencies you have. Those are all assets, things that can be bought and sold, used to generate income, or appreciate in value.
But they are not wealth.
And if those assets are used incorrectly, they could be your undoing. As you watch whatever fortune you’ve labored to build vanishes with the crashing markets.
Picking the wrong assets to hold may very well be the final nail in the coffin.
What Is Wealth?
Wealth is the measure of your ability to accumulate as many valuable assets while enduring…
