Education is indeed important in securing a job and keeping a stable income, no disagreement there. A stable income source always cushions out the side hustles which are going to be more risky and money hungry. It is even better if the person is doing something that they are passionate it, they will earn and love doing it at the same time.
Health once again another important thing but often ignored by many people including many of the forum users. One fine day they make a thread about a mishap and we all get to know they were suffering from a disease which could have been prevented or not. Without health your wealth is useless, so make use of that.
Always make time for family, your own health and developing your own skills. These add to your good habits and make the life worth living.
Topic: Most important things for wealth - page 2. (Read 540 times)
It's one of those things that comes from back in the day. Medicine wasn't always this improved, and it wasn't this wealth gap neither, well it was depending on your status, but it wasn't THIS big difference as in you would get a bad treatment, but you would get it, now you may not even get one if you do not have money.
So, when you say health is more important than wealth, you are saying it in old times, because health had nothing to do with wealth.
Many people think that average mortality rate in roman times was 20's or 30's, because that's how long people lived, but in reality infant mortality rate was so high, that if you go past 5 years old, and do not get any sickness along the way, or die in a war, you could easily live until 70 years old then too.
The difficulty was that most people either died at war, died at infancy, or got sick and had no medicine like ours. Instead, right now, we have medicine, so if we have wealth, we can buy health too, not all, like some types of cancer is still deadly, but majority of other sicknesses could be bought easily and you could stay healthy. So that is why do not consider they are two irrelevant stuff, they are still connected to each other very much.
So, when you say health is more important than wealth, you are saying it in old times, because health had nothing to do with wealth.
Many people think that average mortality rate in roman times was 20's or 30's, because that's how long people lived, but in reality infant mortality rate was so high, that if you go past 5 years old, and do not get any sickness along the way, or die in a war, you could easily live until 70 years old then too.
The difficulty was that most people either died at war, died at infancy, or got sick and had no medicine like ours. Instead, right now, we have medicine, so if we have wealth, we can buy health too, not all, like some types of cancer is still deadly, but majority of other sicknesses could be bought easily and you could stay healthy. So that is why do not consider they are two irrelevant stuff, they are still connected to each other very much.
1.education and knowledge
Educated people appear to be more prepared for work than people without education or a college degree. Education plays an important role for someone in getting a job and being considered competent when taking the educational path, the person joins organizations that can develop their personality. Education must also be complemented by experience, because both are equally important as basic capital in finding work. Often found in real life, companies that need new employees prefer people who have educational degrees and experience in order to advance the company in the future.Quote
2.The health take care of your health that's your biggest wealth.
Health is a priceless wealth, it is useless if you have abundant wealth but cannot enjoy life like a healthy person. Health is the most important part of life, every individual needs to manage their health well so they can carry out normal activities and enjoy life.Quote
3. Your time look how you use your time.
Time is money, everyone is always chasing as much money as possible to meet the needs of life. Time is also very valuable in life, so it is very important to always appreciate time because it cannot be repeated again, time will only continue to run forward without ever being able to be turned back again.
A lot of people don't take their health seriously, they engage in smoking, drinking and other unhealthy things that can cause a lot of havoc in the future, taking care of your health is of utmost importance so when you finally become successful you wouldn't have to deal with having an health issue, so many rich people are dealing with health challenges due to the poor lifestyle they lived in the past, this can be a major setback on your finances
Until finally sometimes there are also some of the rich people that I see who sacrifice most of their wealth just for medical expenses, so it's like you who are struggling tooth and nail from the start to achieve success and when you have achieved financial freedom you use all the wealth you have just for medical expenses, even though it is a reasonable action for someone who suffers from an illness, but when you know about the various impacts of the bad habits that you have in life especially in terms of consuming food or drinks that have a negative effect on health then of course that should not happen, in fact it is useless for you to have a lot of money but you do not feel happy because you suffer from a disease due to your bad habits, although this does not happen to every rich person but this is worth noting and is no exception for middle class or poor people.
We often hear "health is wealth".
And whoever made that quote and the ones that are relying on it is actually true. Our health is our wealth nowadays and this is the reason why if you stay fit and healthy, you're a wealthy one.
No bad blood to the ones that are wealthy and yet they're bedridden and they're not healthy. This is why if you are waking up everyday without having problematic with your health, consider yourself as a wealthy person.
For having your own time, you're also a wealthy person. You can do anything you want without compromising having source of funds and continuous cash flow.
Time is also wealth because we cannot buy back if we let it go by without doing anything. Or family relationships can also be considered wealth because once we lose a loved one, we will never be able to find them again...It can be said that our lives have many important things and we should find ways to balance everything instead of just focusing on one thing and considering it everything. And whoever made that quote and the ones that are relying on it is actually true. Our health is our wealth nowadays and this is the reason why if you stay fit and healthy, you're a wealthy one.
No bad blood to the ones that are wealthy and yet they're bedridden and they're not healthy. This is why if you are waking up everyday without having problematic with your health, consider yourself as a wealthy person.
For having your own time, you're also a wealthy person. You can do anything you want without compromising having source of funds and continuous cash flow.
Health, time...all will mean nothing if we cannot take advantage of them to create money to take care of ourselves and our families. Therefore, we need to appreciate what we have and balancing everything in life is what we should aim for.
And that's why the wealthiest have the most time in their lives. They don't need to work a lot and dedicate their times to the hustle that we used to do.
Because them, they buy people's time for them to earn more money and that's the salary that we're calling. That's how the wealthiest people do for them to have more time although technically all of us have the same 24 hours but they're adding more to it through outsourcing and employing people to their companies.
No matter how bad the things will be in the world If you keep this in your mind you always will be better even in the not best times.
So before you even talking about money you need to focus on those 3 things If those 3 things you have then you don't need to worry about money.
1.education and knowledge
you can and you should do is learning and getting knowledge not only School education.
While things go bad in larger scale the less educated people will suffering most the low education and low knowledge is the cause of poverty you can be poor but it doesn't mean you have to be this way internet books and access to info is for free to everyone nowdays only excuse is your own lazy mind If you have no knowledge.
If you have some spare free time it's always good to read some book or talk with some smart educated person or even watch some smart Youtube video.
Don't worry about to judge If the knowledge you learn is correct or not the more you learn and more you study the more base knowledge you will have in order to judge the subject what you study or learn so don't think you will have fast capability to judge the knowledge you learn If it's right or wrong you need to learn and study a lot so more you know the more you develope your ability to choose what's right what's wrong and making the right judgement.
Be realistic you don't get smart in one year not even 5 years it takes 10 years to get some basic knowledge once you get this then the next 15-20 years you will build some advanched knowledge top on basic knowledge the foundation If you follow on this you never rush things and you let your growth and success to grow naturally in the orcanic process.- that's why a lot good ceo -s of companies are the old workers who just been working long time in the company.
Don't never rush just keep it mind all the education and knowledge takes time step by step If you don't rush it means you let things happening orcanic natural ways and by that you build up strong foundation in your life.
That's why suddenly the people who was just working in 20 years without try to be shining over others they been just doing their thing and without loud announcements suddenly they will be successful and nobody don't get how it's possible that goes also not only to people and companies but also it goes to countries when other countries are like shining stars and on spotlight then suddenly some country will come out and surprise everybody so the power of patience and not rushing things is priceless but many people have no patience they want things fast as possible that's why they often fail or their success on something will be short.
2.The health take care of your health that's your biggest wealth.
3. Your time look how you use your time.
If you keep in mind those 3 things it don't matter the number how much is in your wallet the cash or number in your bank account you always are positioned better then other people.
So before you even talking about money you need to focus on those 3 things If those 3 things you have then you don't need to worry about money.
1.education and knowledge
you can and you should do is learning and getting knowledge not only School education.
While things go bad in larger scale the less educated people will suffering most the low education and low knowledge is the cause of poverty you can be poor but it doesn't mean you have to be this way internet books and access to info is for free to everyone nowdays only excuse is your own lazy mind If you have no knowledge.
If you have some spare free time it's always good to read some book or talk with some smart educated person or even watch some smart Youtube video.
Don't worry about to judge If the knowledge you learn is correct or not the more you learn and more you study the more base knowledge you will have in order to judge the subject what you study or learn so don't think you will have fast capability to judge the knowledge you learn If it's right or wrong you need to learn and study a lot so more you know the more you develope your ability to choose what's right what's wrong and making the right judgement.
Be realistic you don't get smart in one year not even 5 years it takes 10 years to get some basic knowledge once you get this then the next 15-20 years you will build some advanched knowledge top on basic knowledge the foundation If you follow on this you never rush things and you let your growth and success to grow naturally in the orcanic process.- that's why a lot good ceo -s of companies are the old workers who just been working long time in the company.
Don't never rush just keep it mind all the education and knowledge takes time step by step If you don't rush it means you let things happening orcanic natural ways and by that you build up strong foundation in your life.
That's why suddenly the people who was just working in 20 years without try to be shining over others they been just doing their thing and without loud announcements suddenly they will be successful and nobody don't get how it's possible that goes also not only to people and companies but also it goes to countries when other countries are like shining stars and on spotlight then suddenly some country will come out and surprise everybody so the power of patience and not rushing things is priceless but many people have no patience they want things fast as possible that's why they often fail or their success on something will be short.
2.The health take care of your health that's your biggest wealth.
3. Your time look how you use your time.
If you keep in mind those 3 things it don't matter the number how much is in your wallet the cash or number in your bank account you always are positioned better then other people.
A lot of people don't take their health seriously, they engage in smoking, drinking and other unhealthy things that can cause a lot of havoc in the future, taking care of your health is of utmost importance so when you finally become successful you wouldn't have to deal with having an health issue, so many rich people are dealing with health challenges due to the poor lifestyle they lived in the past, this can be a major setback on your finances
Be realistic you don't get smart in one year not even 5 years it takes 10 years to get some basic knowledge once you get this then the next 15-20 years you will build some advanched knowledge top on basic knowledge the foundation If you follow on this you never rush things and you let your growth and success to grow naturally in the orcanic process.- that's why a lot good ceo -s of companies are the old workers who just been working long time in the company.
Don't never rush just keep it mind all the education and knowledge takes time step by step If you don't rush it means you let things happening orcanic natural ways and by that you build up strong foundation in your life.
One year I agree but, 10 years that's too exaggerated to get smart on anything you're learning except that person is a complete dummy. If absolute concentration is giving to the learning of any skill or knowledge, at most 5 years should be sufficient to know what's needed to be considered a smart expertise in that field or area, all other years ahead is just to keep improving on the knowledge as things Don't never rush just keep it mind all the education and knowledge takes time step by step If you don't rush it means you let things happening orcanic natural ways and by that you build up strong foundation in your life.
evolves.
Quote
2.The health take care of your health that's your biggest wealth.
3. Your time look how you use your time.
If you keep in mind those 3 things it don't matter the number how much is in your wallet the cash or number in your bank account you always are positioned better then other people.
Time is a very scarce resource and at same time its a determinant to how the first two things (knowledge and health) takes shape in our lives when we'll maximized, it makes every other things fall in pleasant place for the individual. In other words, to acquire knowledge or maintain good health you've to intentionally make provision for time for each. 3. Your time look how you use your time.
If you keep in mind those 3 things it don't matter the number how much is in your wallet the cash or number in your bank account you always are positioned better then other people.
We often hear "health is wealth".
And whoever made that quote and the ones that are relying on it is actually true. Our health is our wealth nowadays and this is the reason why if you stay fit and healthy, you're a wealthy one.
No bad blood to the ones that are wealthy and yet they're bedridden and they're not healthy. This is why if you are waking up everyday without having problematic with your health, consider yourself as a wealthy person.
For having your own time, you're also a wealthy person. You can do anything you want without compromising having source of funds and continuous cash flow.
Time is also wealth because we cannot buy back if we let it go by without doing anything. Or family relationships can also be considered wealth because once we lose a loved one, we will never be able to find them again...It can be said that our lives have many important things and we should find ways to balance everything instead of just focusing on one thing and considering it everything. And whoever made that quote and the ones that are relying on it is actually true. Our health is our wealth nowadays and this is the reason why if you stay fit and healthy, you're a wealthy one.
No bad blood to the ones that are wealthy and yet they're bedridden and they're not healthy. This is why if you are waking up everyday without having problematic with your health, consider yourself as a wealthy person.
For having your own time, you're also a wealthy person. You can do anything you want without compromising having source of funds and continuous cash flow.
Health, time...all will mean nothing if we cannot take advantage of them to create money to take care of ourselves and our families. Therefore, we need to appreciate what we have and balancing everything in life is what we should aim for.
Constant are time and connection; the economy changes. Apart from creativity in business, technology, and other spheres, we have to enhance our emotional intelligence and temporal perception as well. That's the actual conflict, man. What if we gave time, money, and emotions our due attention? Imagine the return by knowing how relationships, time, and money interact. Not balance, but rather it's fucking synergy
Suppose time had the same value as money. Everything would change. World would come to know real riches
We often hear "health is wealth".
And whoever made that quote and the ones that are relying on it is actually true. Our health is our wealth nowadays and this is the reason why if you stay fit and healthy, you're a wealthy one.
No bad blood to the ones that are wealthy and yet they're bedridden and they're not healthy. This is why if you are waking up everyday without having problematic with your health, consider yourself as a wealthy person.
For having your own time, you're also a wealthy person. You can do anything you want without compromising having source of funds and continuous cash flow.
Time is also wealth because we cannot buy back if we let it go by without doing anything. Or family relationships can also be considered wealth because once we lose a loved one, we will never be able to find them again...It can be said that our lives have many important things and we should find ways to balance everything instead of just focusing on one thing and considering it everything. And whoever made that quote and the ones that are relying on it is actually true. Our health is our wealth nowadays and this is the reason why if you stay fit and healthy, you're a wealthy one.
No bad blood to the ones that are wealthy and yet they're bedridden and they're not healthy. This is why if you are waking up everyday without having problematic with your health, consider yourself as a wealthy person.
For having your own time, you're also a wealthy person. You can do anything you want without compromising having source of funds and continuous cash flow.
Health, time...all will mean nothing if we cannot take advantage of them to create money to take care of ourselves and our families. Therefore, we need to appreciate what we have and balancing everything in life is what we should aim for.
Saying these things are important, is missing the entire point. You want to learn something? If you are poor and going to work all day, and then taking care of the house for the rest of the time, how are you going to learn? How are you going to get education or knowledge?
If you do not even have that problem, but you do not have money, you can try your best and while you can still get good at something, someone with money could not only learn from the best sources that costs money, they can have the best tools and best mentors as well. I learned graphic design all by myself, do you know how much better I would be and how quicker it would take if I had a mentor and all the tools I needed? Meaning if I had more money?
Would have been half the time and twice the quality by now. Or health, you think that poor people hate taking care of their body? If you have the money you can eat the best food, live in the best conditions, and go to best hospitals to be sure that you are doing fine, whereas if you are poor, you eat whatever you can, even your bed makes you sick, and you do not go to hospital all that much to prevent high prices. You can literally buy TIME if you are rich, and you sell your time when you are poor. Remember all that.
If you do not even have that problem, but you do not have money, you can try your best and while you can still get good at something, someone with money could not only learn from the best sources that costs money, they can have the best tools and best mentors as well. I learned graphic design all by myself, do you know how much better I would be and how quicker it would take if I had a mentor and all the tools I needed? Meaning if I had more money?
Would have been half the time and twice the quality by now. Or health, you think that poor people hate taking care of their body? If you have the money you can eat the best food, live in the best conditions, and go to best hospitals to be sure that you are doing fine, whereas if you are poor, you eat whatever you can, even your bed makes you sick, and you do not go to hospital all that much to prevent high prices. You can literally buy TIME if you are rich, and you sell your time when you are poor. Remember all that.
We often hear "health is wealth".
And whoever made that quote and the ones that are relying on it is actually true. Our health is our wealth nowadays and this is the reason why if you stay fit and healthy, you're a wealthy one.
No bad blood to the ones that are wealthy and yet they're bedridden and they're not healthy. This is why if you are waking up everyday without having problematic with your health, consider yourself as a wealthy person.
For having your own time, you're also a wealthy person. You can do anything you want without compromising having source of funds and continuous cash flow.
And whoever made that quote and the ones that are relying on it is actually true. Our health is our wealth nowadays and this is the reason why if you stay fit and healthy, you're a wealthy one.
No bad blood to the ones that are wealthy and yet they're bedridden and they're not healthy. This is why if you are waking up everyday without having problematic with your health, consider yourself as a wealthy person.
For having your own time, you're also a wealthy person. You can do anything you want without compromising having source of funds and continuous cash flow.
The three things @OP stated, Knowledge, health, and time are really important factors in gaining wealth. But in my life it is not only about gaining wealth but also preserving it. There are lots of people who amass a huge amount of money but end up poorer in the end. I believe financial management and moderation is as important as these three because one can't preserve his wealth if he don't know how to manage and moderate himself on spending his hard-earned wealth.
There are also outside variables that can affect one's accumulation of wealth. Just like @CryptopreneurBrainboss stated, the connection is as important as these three factors. The mindset factors on making money, spending money and saving money also play a great role in wealth accumulation just like the things stated in this article : https://www.investopedia.com/managing-wealth/simple-steps-building-wealth/
There are also outside variables that can affect one's accumulation of wealth. Just like @CryptopreneurBrainboss stated, the connection is as important as these three factors. The mindset factors on making money, spending money and saving money also play a great role in wealth accumulation just like the things stated in this article : https://www.investopedia.com/managing-wealth/simple-steps-building-wealth/
3. Your time look how you use your time.
time is an effective management to increase your focus and increase productivity, greater focus allows you to capture ideas and business opportunities that are in front of us because time will not return, and time will not be repeated so we have to find a way to find business opportunities that are very important, because the success or failure of someone in achieving the desired wealth depends on how hard we try to achieve it, this also allows you to spend more time on projects and study them more deeply, that's the most important thing in this time to achieve greater priorities.
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The most important thing to create wealth is knowledge and connection, a connected man can acquire wealth that your educated can't give you. Human beings are a social creature therefore we need associations to survive and when you decide to not associate with you fellow humans, you'll be Isolated from information and opportunities. To create wealth you need a cycle that can help you achieve that because when you're the only one in your circle that is looking to get to success will others are living an unbothered lifestyle, you'll be drawn back by them.
You didn't include your network but the three you outlined are very important. Wealth creation varies depending on the individual that is involved but if you're not intentional you can never create wealth. There is a difference between money and wealth so let know what we want and know how to go about getting it. You can be employed and get paid salary that give money to live comfortable but if you want to create wealth, your job can't do that for you. You need to be an investor or a business owner and your need connection,
No matter how bad the things will be in the world If you keep this in your mind you always will be better even in the not best times.
So before you even talking about money you need to focus on those 3 things If those 3 things you have then you don't need to worry about money.
If you keep in mind those 3 things it don't matter the number how much is in your wallet the cash or number in your bank account you always are positioned better then other people.
So before you even talking about money you need to focus on those 3 things If those 3 things you have then you don't need to worry about money.
If you keep in mind those 3 things it don't matter the number how much is in your wallet the cash or number in your bank account you always are positioned better then other people.
You didn't include your network but the three you outlined are very important. Wealth creation varies depending on the individual that is involved but if you're not intentional you can never create wealth. There is a difference between money and wealth so let know what we want and know how to go about getting it. You can be employed and get paid salary that give money to live comfortable but if you want to create wealth, your job can't do that for you. You need to be an investor or a business owner and your need connection,
Don't worry about to judge If the knowledge you learn is correct or not the more you learn and more you study the more base knowledge you will have in order to judge the subject what you study or learn so don't think you will have fast capability to judge the knowledge you learn If it's right or wrong you need to learn and study a lot so more you know the more you develope your ability to choose what's right what's wrong and making the right judgement.
I respectfully disagree with telling people not to care if what they're learning makes sense. That seems misguided. If you can't tell good info from questionable stuff, your brain gets full of junk and saying it takes 10 years for basics and 15-20 more for advanced material is silly. People can't fritter away decades on disorganized, random knowledge.
Mind you, time is a very essential asset to every growth processes. Once lost, you can’t gain on it and it tells on the process. You’ll be wrong to note make sense of your growth phases, noting your wins and flaws.
I believe that the pursuit of knowledge and information, maintaining good health, and time management are the basic elements for leading a good life. Money is of course important, but if you have these three you will be better equipped to handle situations. With education, good health and effective time management strategies one can always be in a better position irrespective of his financial condition. If you have these three aspects in your life then definitely you will be able to face different problems which include the problem of finance also. Having a sound financial condition is the outcome of managing all three aspects in a proper way. So although you may not always have a lot of money, having all three will bring you greater prosperity and peace than relying on material wealth alone.
Remember that cash is ephemeral but knowledge, good health and time well spent are perennial gifts of value to oneself. It is through centering on these real treasures of life that one can lead a richer, more purposeful and wealthier life.
Remember that cash is ephemeral but knowledge, good health and time well spent are perennial gifts of value to oneself. It is through centering on these real treasures of life that one can lead a richer, more purposeful and wealthier life.
~
True but at the same time, with how civilization has pretty much equalized how people generally study and educate themselves, you'd always need (and want) that bit of luck that can help you land something big for you. Might be a job, an opportunity to learn more, but yeah, it's usually those types of things that make the difference now imo. And maybe a bit of connections as well? Or screw it you can live well even with just connections ngl. Don't get me wrong, all the stuff you stated is needed. But again, on level playing grounds against others, you'd mostly rely on luck and connections to bring you opportunities I'd say.
I think your time is one of the biggest factors in acquiring wealth. How you spend your time where you spend your time at and what you spend your time doing are things that anyone who wants to create wealth in the future should begin to look into. From books and interviews I have had with wealthy people they value their time more than anything else in the world because they know that time is money and that is the reason why for some of them to appear in an event for 10 minutes they are paid in hundred and millions of dollars.
Time is precious to everyone not only the wealthy people but Including you and I which I know that you can not jeopardize your time for nothing serious or to what that won't add anything meaningful to your life. And of a true I mind what I does with my time and I am always conscious of it because anytime that is invented to what is not productive would always make us regret it at the later days. 
3. Your time look how you use your time.
Time is very essential, time is money. Time wasted can never be regained, this is why we are always encouraged to make good use of the time we have each moment because it never returns. The biggest thief of time are distractions in form of parties, friends, entertainment that has no educational benefits, that is why if you are able to really do away with distractions, the chances of becoming financially successful raises significantly. I concur with all you said but this is subjective you know. I have a friend that works from home and doesn't go out in the day to even see his street a week, he order for food and do shopping once a month but he doesn't joke with parties when there is one in the night, he can party and do all sort of things but I'm not financially bigger than that dude and he makes more money way than I do and trust me when I say he hang out well in the night with anyone ttat his gets at that particular time.
What I think is there is productive time and there is play time, all work without play make Jack a dull brain, you must entertain yourself but make sure not to go extreme, you must make friends if necessary but don't do the ones that will disturb you when you want to do work and make money, make sure you disable anything that is eye distracting and forget anyone that is too financially dependent on you.
No matter how bad the things will be in the world If you keep this in your mind you always will be better even in the not best times.
So before you even talking about money you need to focus on those 3 things If those 3 things you have then you don't need to worry about money.
So before you even talking about money you need to focus on those 3 things If those 3 things you have then you don't need to worry about money.
Did you realise you can still have these three things and lose them?
For instance, you have good education and knowledge, and you keep good accounts of your time, but without money, you can never have good health. I know you will be surprised why I said so, but when you are broke and hungry, you will be thinking more, and from that, you will get ulcers due to the hunger, and at the same time, you will be depressed due to too much thinking. So there is no way to maintain these three things that you mentioned without money. The best way to balance this is with money, and to get money you need risk, so there is no way in this life that you will say you will never worry about being wealthy; it will never happen. You have the urge to get whatever you see, and you can’t stop that, so there is no way to go further in life without money.
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