Secrets To Living A Wealthy And Happy Life

Advisor December 20, 2017

We all associate money with wealth. Well, for the most part, it can be true but wealth has a deeper meaning than being rich. Prosperity and abundance of possessions as well as money can easily disguise as wealth, which is why people feel different when they get it.

Mark Zuckerberg and PriscilaChan continue to give back majority of their money from Facebook

Wealth can be measured according to the quality of life we live in. People can have a lot of money but still feel indifferent, while others have lesser money but have higher meaning in life. Money or being rich is not an assurance for this quality, but it can help. Studies even show that money and being happy is only slightly related. So what are the things that can close this gap? Let’s see the common trends happy and rich people have.

Invest in other people

The measurement of being wealthy is seeing how much we have impacted other people’s lives. Reaching a monetary goal for sole purposes can be boring and pointless. But giving back to other people can increase the quality of our lives. That is the reason behind Bill Gates and other billionaire’s philanthropic acts. They see how much money means so less when they are not being put to a good use. Helping others can also boost emotional and social health, things that can increase a person’s life expectancy rate.

Giving to people, helping them can become addicting. The moment we see clearly how much we can do to better other people’s lives, everything will go uphill from there. That’s why philanthropies remain philanthropies at the very end of their lives.

Always stick to the right path

Getting the dirty money can be fast but it can be intoxicating. People who exploit other’s to advance themselves can only fall down with a face first. That is the common story of scammers and politicians who use resources that aren’t for them.

Always choose to have an honorable job.

Sticking to the right path can give us inner peace. We can sleep soundly at night knowing that we have not stepped on other people’s toes or having security that no one is trying to kill us. No matter how long it takes, as long as it’s on the right way, everything will be so much better.

Discipline

We are consumers in nature, and the rich ones are the ones benefiting from our consumption. It’s always hard to start building an empire, but with the right amount of discipline and hard work, anything is possible.

In order to have a financially-secured future, one must know how to decipher needs from wants. We have to think of a long-term plan rather than living as we will be gone by tomorrow. That saying can be true to some areas of our lives, like loving and being happy. But it doesn’t apply to our finances. Having this notion can only ignite impulsive consumerist behavior. How can we attain financial stability and wealth if we don’t put a good value on the money that enters our bank accounts?

Be a good steward

Now that we have money, what do we do next? Is it to shop at expensive boutiques in Paris? Dine at expensive restaurants? Travel the world? Well, it can be, but is all the superficial things worth it? One of the foolish mistakes a rich man can make is being a terrible steward of the money that he worked hard for. That is why we have to plan ahead what the money is for. Being a good steward means that we are able to grow the money that was given to us to help people, and pass it on to the future for the same purposes. Because of that, rich people have last will and testaments so they can propel their money upward. They can guide the people who will receive their riches on what the money is for.

A good steward prepares the next generation on how to have a truly meaningful life

There is no guarantee for a blissful life, but we can make it possible if we want it to be. One of the major takeaways in this article is to find balance in earning, spending, and giving. What is the use of money if we can’t leave a remarkable footprint in this world?