3 Things that Make you Wealthy Besides Money

By harishsystango
January 12, 2021

What does the term “wealth” mean? Most financial advisors provide a narrow definition – wealth is all about how much money you have. Wealth equates to “an abundance of valuable material possessions or resources”, according to Merriam Webster Dictionary, however, can money bring you real happiness and peace? What does it mean to be wealthy – is it simply having excessive money or are there other things that make you wealthy besides money?

For instance, you have whooping savings and a luxury car, but a body that is bed-ridden, then would your abundance savings bring you peace? Or you can afford a beachfront vacation home, but have no friends or family to accompany you, would you be happy alone in the luxury beachfront resort? No, right. Then, how only the abundance of material possession contributes to your wealth.

As Warren Buffet said, “Some material things make my life more enjoyable; many, however, would not. I like having an expensive private plane, but owning a half-dozen homes would be a burden. Too often, a vast collection of possessions ends up possessing its owner.”

In this article, our aim is to make our readers understand what is true wealth. We are going to share 3 things that make you wealthy besides money But before that let’s understand the origin of world wealth.

An Etymology of Wealth

“Wealth” originated from the old English “Weal”, which means “Wealth, Welfare and Wellbeing” Weal is also related to the older word “wel”, which means “in a state of good fortune or happiness”. Although monetary wealth is not the same as well-being or happiness, many people in the modern money-driven world, believe that money can bring them happiness. 

Philosophers and diverse thinkers such as Jesus, Plato, Buddha, Confucius and Socrates have seen the dichotomy between the accumulation of material wealth and the real-being. They all urged followers to avoid the pursuit of simply financial wealth and get aware of other factors that make life meaningful.

Now, let us explore what makes you wealthy

3 Things that Make you Wealthy Besides Money

If wealth is not having excessive money, then what does it mean to be wealthy? We, at The Truly Wealthy, believe that wealth is not about money, in contrast, wealth is four-dimensional, which comprises health, relationship and impact you make to society. Let’s see how health, relationship and giving back to society makes you healthy.

1. Health is your Greatest Wealth

There is a popular saying “There is no point in being the richest man in the graveyard”, which is actually so true. What is the point of having a hefty bank balance, when you are suffering from a serious illness and spending all your hard-earned money simply in rge treatments? The latest model of Audi or even the flat in Burj Khalifa can’t bring you happiness if you are depressed and lonely or when your knees don’t let you walk up a flight of stairs. 

The greatest wealth is health by The Truly Wealthy

The greatest wealth is health, however, in the chase of getting that dream job, making it to the dream company and acquiring the desired designation, we are working for over-time without stretching and without even taking the needed breaks. The modern-day workstyle keeps us stuck to our chairs for 8-10 hours. Moreover, the luxury offered by smartphones and Netflix doesn’t allow us to leave our couch during the off days. Binge-watching, binge-eating and a sedentary lifestyle is taking a toll on our health. In a study conducted on 447 Iranian workers, it was found that the participants who spent an average of 6.29 hours of an 8-hour shift sitting, 73.6% of them felt exhausted and 48.8% did not feel comfortable. The result of the Nordic Musculoskeletal Questionnaire (MNQ) showed that lower back (53.2%), shoulder (51.6%) and neck (53.5%) symptoms were the most prevalent among office workers. 

What is true wealth? by The Truly Wealthy

How technology is becoming a bane to our health?

As per various researches and studies, the increasing dependence of smartphones is giving rise to serious mental issues like depression. Presently, there are more than 2.87 billion smartphone users globally, however, according to studies, overuse of smartphones can have a negative impact on your hearing, eyesight and hearing, not to mention distracted pedestrians and drivers. Moreover, researchers who studied the relationship of mobile phone use, found that excessive use of smartphones leads to greater incidences of depression and anxiety in users.

We all are aware that our greatest wealth is health still most of us trade our time and compromise on our health to get money hoping that we have enough time to enjoy life when we retire, however, poor health robs you of time. The modern time hectic schedule makes it more necessary than ever to follow a healthy routine, invest time in activities that calm your mind and keep a check on your eating habits. Health is what makes you wealthy besides money and we should always invest time in attaining good health.

2. Relationships

According to an 80 year-long study conducted by Harvard, “good friends protect people from mental and physical decline, and also give a better idea of how long someone’s life will be than their social class.” People with strong bonds feel a sense of security when a crisis strikes. 

In our day and age, we spend less time meeting people face to face and more time in the virtual world (with people who aren’t real sometimes). We spend most of our time learning new things, pursuing our passions, working, exploring the world, partying, scrolling Instagram and living our lives just for the sake of living. Well, we all have different goals to achieve and different purposes in our lives. But, have you ever thought, who is going to remember your achievements, the positions you held, the money you made, the brands of clothes you wore or the cars you drove? (materialism).

Don’t you want to be remembered, and if yes, then how would you be remembered after your death? As Maya Angelou, an American poet said, “I have learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel”. The feel is the keyword here. You can only make someone feel special, wanted, loved, cared when you share meaningful relationships with them. 

Why Are Relationships Important?

Relationships are essential for both our physical and mental wellbeing. Social contact helps us to cope up with work-related stress and even major life changes like divorce, the sudden death of loved ones or moving to a new house. Knowing that we are valued by others boosts our self-esteem and helps us fight with negative aspects of our life. In a 2010 report in the Journal of Health and Social Behaviour, Jennifer Karas Montez and Debra Umberson, it was found that low quality of bonds in relationships can lead to severe physical health conditions like cardiovascular disease, autoimmune disorders, repeat heart attacks, cancer, high blood pressure, and slowed wound healing.

What does it mean to be wealthy by The Truly Wealthy

We crave human interactions not only in personal lives but in our professional lives as well. Relationships not only boost our self-esteem but also foster a greater sense of responsibility to stay healthy. Thus, it would not be wrong to say that the power of strong bonds is what that makes you wealthy besides money.

3. Giving Back to the Society

“If civilization is to survive, we must cultivate the science of human relationships – the ability of all peoples, of all kinds, to live together, in the same world at peace” — Franklin D. Roosevelt

There are many studies suggesting that being generous, and dedicating your time and money to help those in need, offers physical and emotional benefits to the giver. Philanthropic efforts also work to eliminate social problems and enhance wellness in people, society, as well as the planet.

According to research conducted by The National Institute of Health, people who donate a certain amount on a monthly basis in charity have their brain’s pleasure centres working actively. Moreover, doing charitable work brings meaning to your life. By donating or giving back, you meet with the like-minded people who believe in the same causes as you do, which motivates you to create a real impact and bring good to society. 

How giving back to society contributes to your wealth?

There are various studies which suggest that giving back to society, lowers blood pressure, which means a lower risk of heart disease and stroke, improves self-esteem, lowers the chances of depression and anxiety and increases happiness. Thus, creating an impact on others’ lives brings you good health, and good health is what makes you wealthy in true sense. Furthermore, working towards creating an impact in society gives you a purpose in life, which again improves your physical and psychological health.

No matter who you are and what you do, giving back to society, provide your life more meaningful and help you grow in unexpected ways. It is a way of being a better person and living with your values. People who volunteer or help others feel more control in their lives, they feel that they are making a difference and that feeling aids in boosting your self-esteem. 

Conclusion

Now, you must have got what does it mean to be wealthy? True wealth is determined by the quality of life and can’t be measured or achieved with money alone. Money is a part of your four-dimensional wealth and can amplify your other wealth like health and relationships. However, if you want to lead a meaningful, happy and contented life, you should inculcate all the things that contribute to your wealth. Money can bring you temporary happiness, but real happiness can only be achieved with good health, a sound mind, strong relationships and impact that you create in other’s lives.

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