Defining Wealth - Deepstash

Defining Wealth

Wealth is more than money. It is a series of learned strategies and behaviors.

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Money and Wealth

Money and Wealth

Money is not wealth. Money is a freedom currency. Use it to create wealth, not more money. If you do that, more money will come.

Hire people to do tasks you've mastered or buy software to automate tasks. It will help you to free up your time.

Making Money Vs Creating Wealth

Most jobs are purely money generation, and have little to do with wealth. Generating wealth is an entire different ball game than earning money, which you can easily do by learning a few in-demand skills, and taking up a job or freelance work.

Wealth In Terms Of Owning Things

Housing should be no more than 30% of your income. Warren Buffett's house is worth .001% of his total wealth.

The possession of things differentiates the rich from the wealthy. Wealthy people don't flaunt their money; they save and invest it.

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