Definition of wealth
“Wealth is a person’s ability to survive so many number of days forward… or if I stopped working today, how long could I survive?” Since most people typically define wealth by their own means, it’s important to reframe and give a new definition, something that is quantitative rather than qualitative, omitting room for troublesome interpretation, but still leaving room for flexibility based on the individual. From previous experience, I know that it has taken me over 6 months to find new employment. Realistically, I need to find assets that can exceed my current monthly income. Building assets takes time. Be patient and diligent during that process.
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