Tag: wealth

The 3 types of affluence that lead to happiness.

There is almost nothing more enviable than affluence.

The two inventors of the dictionary, Meaning Miriam and Definition Webster, decided that affluence means an abundant flow or supply.

And when you have an abundant supply of good things your life tends to be good. Unless the things you have in abundance are news coverage and bottles of lube.

Affluence most certainly leads to happiness. But not in the way that most people think.

Here’s how it works:

The Affluence Formula

1. First develop your relationship affluence. The more and better friends the better. This is the greatest investment you will ever make. (Unless you bought Apple at its IPO.)

    2. Relationship affluence leads to financial affluence. Your relationships increase your opportunities, knowledge, support, encouragement and positive peer pressure. It’s not just about a small group of great friends like Monica and Chandler. Your outer ring of relationships is sneaky valuable as you can read here in the study The Strength of Weak Ties.

    3. Financial affluence leads to time affluence. The more financial resources you have the more control you have over your time. This is the greatest freedom in the world.

    4. Time affluence leads to happiness affluence. When you have control over your time you have control over your life. That Janet Jackson-level control enables you to spend your time doing the things you enjoy most with the people you enjoy most.

    Plot Twist!

    The great happiness in life will come from your abundance of relationships and time. Not from the money itself. Never forget that.

    Key Takeaway

    More and better relationships lead to more and better opportunities. Opportunities create financial resources. And financial resources give you control over your time. Which is the greatest affluence of all.

    *If you know someone who could benefit from this message, please share it with them.

    +For more of the best life lessons I have learned check out my book, What Does Your Fortune Cookie Say? from Ripples Media.

    5 Things you should always be working on for a happy, fulfilling life.

    If you met a genie who could grant you 3 wishes do you know what you would ask for? I do. I would wish for happiness, fulfillment and a lifetime supply of cheese curd flavored Pringles. Unfortunately, when I was in 3rd grade, my friend Todd Brudos told me that genies are not real. They are just something lamp polish manufacturers made up to get you to polish your lamps.

    So today, I no longer dream of genies. Instead, I now realize we must work for the things we want. And if you want happiness and fulfillment, the key is to figure out what brings you those things well before you are in hospice care or the electric chair.

    Through my own research, trial and error, and a couple of lucky guesses I have discovered that there are 5 things to work on for a happy, fulfilled, and rewarding life.

    Here they are, in a particular order.

    5 Things You Should Always Be Working On.

    1. Your Health: When you stop working on your health, your health stops working on you. Eat right. Sleep right. Exercise. Drop habits that are hard on your health. Keep your weight in the healthy-and-feels-good zone. See your doctor and dentist regularly. Get naked and do the uncomfortable exams when you are supposed to. (Although if your dentist asks you to get naked for an exam consider getting a second opinion first.) If you could use a little help with your mental health see someone there too.

    2. Your Relationships: At the end of our days the only thing that will really matter is our relationships and the impact we have on each other. Develop more relationships. Develop better relationships. And see your people in real life. Live life like you want to have a packed house at your funeral. And not just because people want to make sure you are really dead.

    3. Your Time Utilization: Time is your most valuable resource. And it’s constantly slip-sliding away. Make sure to use your time wisely, old owl. Do things now. Plan your days, weeks, and adventures in advance. Recognize the things that waste your time and eliminate them now. You’ll thank me later, when you have time.

    4. Your Growth: Growth means getting better. Aim to get better every day in every way. Read and learn. Reflect on your experiences to gain wisdom. Surround yourself with great people who you can learn from and model. Develop great habits. Improve your listening skills. And your compassion. Become a better model of yourself every day. Even if you are already a supermodel.

    5. Your Wealth: When you grow your wealth, your other opportunities grow too. So does your peace of mind, freedom, and the size of the duffel bag you need to carry all of your money when you leave the country. And like the old saying goes, ‘Mo Money, Mo Pringles’.

    Key Takeaway

    To make the most of your short time on Earth focus on what matters most. Take care of your health to maximize the quantity and quality of your life. Develop and maintain your relationships. Make great use of your time while you have time. Focus on growing your wealth to grow your opportunities, freedom and peace of mind. And get a little better every day.

    *If you know someone who could benefit from this message, please share it with them.

    +For more of the best life lessons I have learned check out my book, What Does Your Fortune Cookie Say? from Ripples Media.

    Do you know the most valuable asset you will ever accumulate?

    I just got back from a spring break vacation with my family. We were in Florida for a week. The weather was in the 70s. The Gulf of Mexico was blue and beautiful. Which is why my sons tried to sneak half of the gulf home with us in a saturated Nerf football.

    Vacations serve as a great reminder that there are 2 ways to create tremendous wealth. At least there are 2 ways that won’t land you in an orange jumpsuit with a lifetime supply of gruel.

    The first way we create wealth is through our careers. The money we earn, save and invest through our hard work creates both wealth and financial freedom. Which is good. Keep doing this.

    The second way that we create wealth is through the accumulation of good memories. These memories are the result of our life experiences and enjoyable interactions with others.

    While having money is good, it is mostly good because you can invest it in creating more memories. And memories compound in value every time you revisit them. You profit from them each time you reminisce, like Mary J. Blige. You profit from them each time you look at your photographs, like Nickleback, Ed Sheeran, or Def Leppard. And you profit each time you talk about your fun, funny or heartwarming stories with your friends and family. Do this as often as you can.

    Key Takeaway

    Your memories are the most valuable possessions you will ever own. Invest in creating more of them. Collect as many as you can. Spend time thinking and talking about your memories and you will become wealthier and wealthier in the most important way. The older you get the less you will be able to use the money you have saved. But your memories will rise in value all the way to the end. Because your collection of memories is your life. Never forget that.

    *If you know someone who could benefit from this message, please share it with them.

    +For more of the best life lessons I have learned check out my book, What Does Your Fortune Cookie Say? from Ripples Media.

    The surefire way to increase your wealth.

    I own a lot of books with the word ‘rich’ in the title. Among them you’ll find Think And Grow Rich, Rich Dad Poor Dad, The Science of Getting Rich, The Richest Man In Town, and  Rich Like Them. In fact, I have bought so many books with the word ‘rich’ in the title that the Amazon recommendation engine now suggest books like The Adventures of Richie Rich, Rich Desserts, and The Many Impressions Of Rich Little.

    The Real Lessons

    I like these books because they are about success. They help you think and act in ways that help you accomplish great things. And those great things often attract money like magnets. Or magnates.

    I consider the tips, tricks and examples in these books to be important reminders rather than great aha’s. Although there are certainly plenty of both in my library of riches.

    The One Thing To Remember

    But if you want to know the most important point of all about getting rich it is summarized in the following line:

    ‘It is the value you bring to a company, an organization, indeed the universe, that ultimately determines your level of wealth.’ -From The Richest Man In Town by W. Randall Jones

    Key Takeaway

    If you want to earn more money, add more value. If you want more social capital, add more value. If you want more political capital, add more value. Your success is directly related to your contribution. So if you want more, contribute more.

    If you know someone who could benefit from this message, please share it with them.